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October 21, 2017
 

The Benefits of Being a Freelancer

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If you decide to become a freelancer, you will soon realize that there are so many benefits that come with it - making it a pleasant and welcome change to traditional jobs. Yes, if you want to start a freelance career, you should definitely explore the pros and cons of freelancing before you start. Here are the main benefits you should know about.

Asset-Building
Owning a successful business and operating it as a freelancer gives you the chance to build assets that might be sellable later on, so your efforts might be rewarded a thousandfold in the future. After all, your client list, overall reputation, and various other business assets all have the ability to get you extra income if you ever decide to sell your business.

Autonomy
Freelancers are known to be very autonomous. In general, they don't answer to anybody but their clients and they work on their own schedule and terms, as well as at their own established rates and hours.

Brand New Connections
As time goes by, freelancing will introduce you to a slew of new people: new clients, new business associates and new mentors, to name a few.

Brand New Opportunities
By becoming a freelancer, you can meet brand new clients, make brand new friends, look into brand new legal areas, and learn brand new skills. Freelance work will also help people see you as a professional in a certain niche and could even lead to great opportunities that you have never dreamed of, like book deals, speaking engagements, and business collaborations.

Brand New Skills
Freelancers always learn brand new skills because they need to, like marketing, office management, client development, sales, and knowledge in a lot of other areas. This isn't always the case with traditional legal employees, now, is it?

Casual Attire
If your work doesn't entail you to meet clients in person, then you won't have to dress up for anybody. This will eliminate a lot of clothing expenses, like dry cleaning, business attire, and manicures, as well as personal maintenance expenses. It will also reduce the amount of time it would usually take you to get ready for work every morning.

Diversity
Today's legal job market has been shrinking by the day and a lot of people lose their jobs because of it. However, because the majority of freelancers out there work for numerous clients at once, losing one of them won't lead to unemployment.

Free Parking
In practically every city, parking costs a lot of money - money that should really stay in your monthly paycheck. If you work from home, then you won't have to worry about paying for parking anymore.

Full credit
If you become a freelancer, you will get complete credit for the work that you do. You will no longer have to fret about other employees making mistakes, other people taking credit for a job well done, or compromising your product for the team. How great is that?

Income Control
As a freelancer, your overall efforts will directly affect your income in the end. In the majority of cases, hard-working freelancers reap greater rewards. Although things may vary from one month to the next, depending on your business and efforts, your bonus or paycheck will never be eliminated, capped, or lowered by an employer.

Freedom
Freelancers can also pick their clients and projects. This can become especially important if you end up with too much work as it will give you the power to drop slow-paying and high maintenance clients or simply turn down projects that you aren't too psyched about.

Global Exposure
When it comes to freelancing, you won't be confined by location, so you won't have to serve your local clients alone. Instead, you can have clients from all over the world ask for your services. Because of this exposure, you can open the windows to brand new opportunities every time.

No Commuting
Since you will freelance work from home, you won't have to worry about commuting to the office and back every day. This will save you a lot of traveling time and money from fuel, car maintenance and parking. In fact, even if you don't work from home, you will still have the opportunity to pick a convenient place for you that is nearby anyway.

Non-Existent Office Politics
Individual freelancers do not have to deal with office politics - ever. Plus, if you are a solo freelancer, you won't just get your dream office, but you won't have to waste your time at meetings or try to brown-nose your way to the top just to get ahead, either.

Respect
Succeeding in a freelance career will add an extra layer of respect and accomplishment to your job title, whether you are a freelance court reporter, secretary, legal professional or paralegal.

Tax Benefits
You will also benefit from tax benefits like equipment, office space write-offs and various other business expenses.

The Perfect Life Balance
Since you will be working from home, you will usually have a much better balance between work and life. This means that you can relax as much as you want and spend more time doing the things that you love to do with the people that you love the most.

Time Flexibility
Working from your place of choice as a freelancer - be it your own house or a remote place - gives you the opportunity to choose your own working hours, so you can work at your own convenience all the time. So, if you have young children, you can work while your kids sleep; or, if you have another part-time or full-time job, then you can just freelance around your regular working hours. You can also choose to work at your most productive hours or work for hours on end in order to enjoy more quiet time later on.

Workload Control
Being a freelancer also means that you have full control over your workload. Although some clients may dictate your working schedule sometimes, you can simply decline the extra work if you are too busy or keep asking for more when you need it.

Work Quality
Sometimes, freelance work might prove to be more fulfilling compared to actual corporation work, most of all if you are a freelance paralegal or law school grad. Think about it; law school grads that work in big law firms usually only do boring tasks like review documents, but freelance attorneys might actually get assignments that are challenging and worth their time, like making court appearances.

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Discuss this and other freelance topics in the Freelance Forums.
 
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Comments
 
cammie
May 17, 2011 - 12:27 am
I like the autonomy and the ability to dress as I want. I also like to work as I wish, doing it at the times that benefit me best. This allows me to have the life I want, being able to accept invitations without having to think about what needs to be done when. If something big comes up I can be there at a moments notice. You can't get that at a 9-5!
 
emily
May 12, 2011 - 2:31 am
First off I absolutely love that you did this list alphabetically! It makes it so much easier to read. I like the concept of not having to dress up and not having to spend all that money to keep up with the latest fashions. Speaking of saving money you can save so much money doing so much for freelancing, saving money going out to eat for example.
 
 
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