Running a law firm always comes with tough challenges. It is not enough to know you need to make tough decisions; you also need to know how to make correct ones. You’ve got to ask the right questions: How do you enact women empowerment? When should you hire vs when should you implement more technology? What data do you need to look at?
In this episode, Jaimee Hall joins us to discuss the two most common mistakes of law firm owners: not maximizing their use of technology and not tracking important metrics. She talks about how you can make the right calls that will elevate your law firm. Jaimee also shares the key metrics you should track and the importance of strategic planning. Lastly, she offers insights on women empowerment in the legal industry.
If you want to gain confidence in making tough decisions that will elevate your law firm, then this episode is for you.
For the 300th episode, Moshe celebrates by answering questions from our listeners:
5:34 Barbara: If you have a small solo PI Law firm with a Marketing Budget of $2,000/month, what marketing channels would you suggest for such a small budget?
18:20 Beverly: What was your favorite episode you shot out of the 300?
23:46 Bob: How does one get free life without burnout?
28:59 Mc’Maclon: What are the secrets of becoming a solopreneur?
33:15 Eric: With inflation as high as it is, how do we make sure our rates are competitive, fair, and aligned to what the market is?
Resources mentioned:
Episode 49 - Getting Over 1,000 Google Reviews with Sam Mollaei - https://www.profitwithlaw.com/049
Four Hour Work Week by Tim Ferriss https://www.profitwithlaw.com/4HourWorkweek
Join our Facebook Community: https://www.facebook.com/groups/lawfirmgrowthsummit/
To request a show topic, recommend a guest or ask a question for the show, please send an email to ...
Starting your own law firm is one of the riskiest decisions you can make. However, most firm owners start their firm because of circumstance and not because they evaluated the risk. So, even if you took the risk to start your own firm, you may still be risk averse and if you’re risk averse, that will hold you back from making the decisions you need to make in order to grow your firm.
In this episode, Moshe Amsel talks about risk and how to achieve the right balance of risk taking. He explains the difference between unhealthy risk taking that can cost you your firm and healthy risk taking that will catapult the growth of your firm.
Join our Facebook Community: https://www.facebook.com/groups/lawfirmgrowthsummit/
To request a show topic, recommend a guest or ask a question for the show, please send an email to [email protected].
Connect with Moshe on:
Facebook - https://www.facebook.com/moshe.amsel
LinkedIn - ...
Marketing is often not a top priority for many lawyers or law firms. However, understanding why marketing is important is crucial for the growth of your firm.
If you’re searching for a marketing agency but are hesitant to invest a large sum right away, we have the perfect solution for you: pay-per-click marketing. It ensures that your investment yields value in the form of leads. From there, you just need to make sure that your intake process can take them from start to finish.
In this episode, Adam Arkfeld joins us to talk about how pay-per-click marketing works to generate leads, helping businesses grow their clientele. He also reminds us that marketing should be backed by a strong intake and follow-up process to show results.
If you want to know more about why pay-per-click marketing is important and valuable for your law firm, then this episode is for you.
Resources mentioned:
This episode is sponsored by Smith.ai. Curious how you can use a...
When growing a business, it’s crucial to know where to invest. While most companies allocate their resources to marketing, technology, and social media, there is one critical component that some firms neglect to invest in — their employees. What these companies fail to realize is that investing in their employees contributes significantly to the organization's success. If business owners fail to value their employees, their company may not progress.
In this episode, Chelsie Lamie joins us to share her humble beginnings and explains why she moved from America to Mexico. She also discusses the importance of investing in people and imparts the best practices she employs to keep her staff motivated. Finally, she explains why leadership is not similar to micromanagement and why empowering people you work with is key to a successful law firm.
If you’re an entrepreneur looking for ways to motivate your employees, this episode is for you!
There can be many reasons why a law firm owner will struggle financially and work 60-80 hours per week. The biggest one by far is because the average law firm owner is doing too many things to the extent of becoming counter-productive.
Operating a law firm is not a one-man show. You could be the most talented and effective leader, but that doesn’t matter when you can’t leverage your billable hours. Hiring people is an ideal option if you’re striving to increase your revenue or expand your law firm. How can you tell if it’s the right time to hire employees and determine which positions to fill?
In this episode, Moshe lays out why the progress of your law firm remains static. Then, as aspiring law firm owners, you’ll learn the essence of effective task delegation to free your time from non-billable work. Start paving your law firm’s path to success by hiring the right people at the right time.
If you want to know more about hiring...
It takes tremendous effort to start a law practice on your own. You'll need a well-thought-out business strategy that tackles all the administrative and technical matters of the company. It’s reasonable to think that all of these responsibilities may seem overwhelming. Nonetheless, there are a few things you can do to ensure that your solo practice is a success.
In this episode, Jess Birken joins us to talk about how she became a solopreneur. She also shares the three keys to having a profitable law firm and explains why companies need to embrace outsourcing and automation. Finally, because every legal firm is a business, Jess reminds us of the golden rule for pricing your services.
If you're an attorney thinking about beginning your own solo practice, this episode is for you!
Here are three reasons why you should listen to this episode:
"If someone challenged me $100,000 to get 5 new clients online in 7 days, what would I do?"
The answer to that question is what Sam Mollaei will show you in this 2021 Law Firm Growth Summit replay episode.
Use this nifty 60-second video funnel that you can easily create on your phone to talk directly to your dream clients to get your first 5 clients in 7 days.
Don't believe it? Sam will prove it to you.
Resources mentioned:
Tired of being a stressed out lawyer? Book a free coaching call with one of our coaches and find out how to become a proud and free law firm owner - profitwithlaw.com/freecoaching
Join our Facebook Community: https://www.facebook.com/groups/lawfirmgrowthsummit/
To request a show topic, recommend a guest or ask a question for the show, please send an email to [email protected].
Connect with Moshe on:
Facebook - https://www.facebook.com/moshe.amsel
LinkedIn - https://www.linkedin.com/in/mosheamsel/
“How could I even possibly do all of the work I need to finish?” That’s the million-dollar question every working individual has faced at least once in their career. Whether we realize it or not, too much stress can take a toll on our life.
If you always find yourself thinking about your tasks and responsibilities and worrying over how your to-do list seems to have no end, you can easily be overwhelmed by stress. If this sounds like you, we invite you to take a breather.
In this episode, Dr. Tami Berry joins us to talk about her experience dealing with stress and how she became a stress resilience coach. She shares how to recognize when we have a stress problem and what to do about it. You’re better than you think you are, and you already have what it takes to be successful! But first, you need to take a break.
We don’t talk about profitability of law firms enough. Lawyers usually avoid this topic because they are afraid to hear it. They do not want to even think about numbers on top of their regular work. And yet, gaining profit from business is what's going to help you grow your firm to where you want it to be. Therefore, attorneys should not shy away from a numbers conversation. You need to learn how to talk about it, and it is all the more important to understand it.
In this week's episode, Brooke Lively joins Moshe Amsel to tell us all about the important numbers you should be monitoring. She shares how you can keep track of them and discusses the things that lawyers are usually afraid of. Lastly, she talks about the importance of being transparent and communicating with your clients.
If you want to learn more about how you can profit from business, then tune in to this episode!
Resources mentioned:
Tired of being a stressed out lawyer? Book a free coaching call with...
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