Thinking of Working With Your Spouse or Family? 5 Things to Consider
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Thinking of Working With Your Spouse or Family? 5 Things to Consider
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About this listen
So you are starting your new firm or perhaps you are growing. You need help, and you are having a hard time finding someone you can trust.
You start to wonder if maybe your spouse might be able to help. Or maybe it is a sibling, parent, child, or best friend.
Is that a good idea? Like most questions in the law, it depends.
There are a number of things you want to consider before you make that plunge.
Do you have the same skill sets, or are you more complementary?
Can you let one person be the decisionmaker who is in charge?
Do you communicate well, especially under stressful circumstances?
These and other things are vital questions to ask. Admittedly, based on the circumstances we faced, we did not go through this analysis. But, looking back, these are the things that have popped up that we've had to deal with.
As always, we are glad to chat if you are considering taking this plunge with a family member or close friend. For us, it has been a great decision. But that decision may not be the best for everyone.