Update:
I went through some serious 'terrifying' uncertainty, as was warned by Big RR and Sue U, as I geared up to job loss and practice launch at the turn of the year - but I've quickly gotten to the exhilarating/liberating aspect of private practice.
I'm been awarded a contract with the public defender, which was my primary goal, as I wanted to continue to do public interest law and get back into criminal defense. The region where my talents are needed is a bit of a hike from me - 1.5-3.0 hours, depending on which court(s) - so I'll be earning the same I was in the old job with a moderate caseload and travel time for that contract, and everything else will be just gravy. (Spent some time this morning reserving my Cape Cod cottage for this coming August, and purchasing airfare and BoSox tickets.)
On top of that, I've had a very healthy response to my local advertising and have had at least a half dozen calls each week looking for consultations, resulting in a dozen private pay clients already. I've also taken on a
pro bono family case already, so will be well on my way to fulfilling that yearly obligation in the first few months of practice. I don't need any CLE for the next two years (Montana allows carry-over) so my costs are very modest beyond the initial investment in hardware, software, modest furnishings.
I've spent a lot of time the past 6 weeks just detoxing from the crap in my old job, and learning all the new stuff necessary to run my business. It's the most liberating thing ever - especially after years working in nonprofits and government - to weigh a choice, make a decision, and go with it! . . . without the need for endless meetings, balancing personality politics, etc.
I'm the Captain of my own ship - YAY!!!!
I will say that there has probably never been a better time to hang a shingle - LOTS of great time-saving software available at a very reasonable price to help me do the books, etc.
I'd say this venture is off to a great start. I'll be happy doing this for a while . . . unless I win the PowerBall tonight.
*Hey, I missed your post Gob - I should probably refer you to other counsel, given the conflict inherent in my having to have endured endless PMs and emails from the opposing party on the issue.
For me, it is far better to grasp the Universe as it really is than to persist in delusion, however satisfying and reassuring.
~ Carl Sagan