Maximizing Law Firm Efficiency: Adopting Technology for Profitable Practices with Karen McDonald

In this episode, Moshe Amsel dives deep into the crucial role of technology in law firms with special guest Karen McDonald, founder of Wise Owl Legal Software and Cascade Accounting. Moshe and Karen explore the challenges and benefits of transitioning to paperless processes, the importance of investing in technology for law firm growth, and the significance of understanding return on investment (ROI) when implementing new systems. Listen in as they discuss strategies for leveraging technology to enhance efficiency, automate tasks, and ultimately drive profitability in your legal practice.

 

Episode Highlights

[00:00] Introduction to Karen McDonald

[09:52] The Importance of Investing in Business Growth

[12:10] Breaking Free from Ineffective Manual Processes

[15:31] The Benefits of Implementing New Technology

[19:01] Embracing Paperless Operations: The Future of Law Firms

[25:27] Embrace Outsourcing for Efficient Technology Adoption

[34:30] Streamlining Billing Processes for Law...

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Client Attraction: 5 Steps to a Steady Stream of Clients with Sharon Christie

In this Law Firm Growth Summit 2022 session replay, Sharon Christie shares 5 simple steps for getting a consistent flow of new clients.

Great clients are the lifeblood of all law firms, but many lawyers are not prepared for client development. Lawyers know that they must generate new business for their firms, but their current approach doesn’t deliver a steady stream of clients (and that leaves them struggling in their practice). This program teaches lawyers how to attract a steady stream of great clients using both online and off-line techniques. When used consistently, Sharon’s 5 Step Client Attraction System will generate a steady stream of 5 star clients (which results in steady cash flow too).

 

Resources 

Registration for the Law Firm Growth Summit 2024 is now open! Reserve your FREE spot now!

 

Take the Law Firm Growth Assessment and find out how you rate as a law firm owner! 

Check out our Profit with Law YouTube channel!

Learn more about the...

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Build a 90 Day Multi-Channel Content Strategy in 45 Minutes with Mark Homer

In this Law Firm Growth Summit 2021 session replay, Mark Homer, Founder of GNGF, gives us an easy strategy to have content across all channels your potential clients may be using.

You know that a content strategy is important. However, your potential clients are spending more time online. These potential clients are fractured across many online channels as they spend more time on social media, watching online videos, reading email, and turning to Google more and more to answer any questions they have.  Therefore your content strategy needs to be multi-channel. Instead of creating more work for you, we can repurpose content to hit these multiple channels. When you leave this session, you will have a 90 day editorial calendar in 45 minutes. All built around repurposing 3-6 simple content ideas that you can execute quickly.

Resources 

Registration for the Law Firm Growth Summit 2024 is now open! Reserve your FREE spot now!

 

Take the Law Firm Growth Assessment and find...

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Why Google My Business is Key to Getting Your Law Firm Out of the Startup Phase with Ronnie Deaver

Are you tired of your law firm being stuck in the startup stage? If you’re ready to kickstart the growth of your business, then this episode is for you! 

In this Law Firm Growth Summit 2022 session replay, Ronnie Deaver, founder of NoBull Marketing, explains how to use Google My Business to get your law firm out of the startup stage. He also offers expert insights on how to make sure you don’t lose any leads.

 

Resources

Registration for the Law Firm Growth Summit 2024 is now open! Reserve your FREE spot now!

 

Take the Law Firm Growth Assessment and find out how you rate as a law firm owner! 

Check out our Profit with Law YouTube channel!

Learn more about the Profit with Law Elite Coaching Program here

 

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The 3 Most Effective Strategies for Maximizing Profit in Your Business with Rocky Lalvani

Law firm owners, get ready to prioritize profit and financial management in your business! In this episode of Profit with Law, I had the pleasure of hosting Rocky Lalvani, the renowned "Profit Answer Man." Rocky is a certified Profit First professional who has dedicated his career to teaching business owners how to prioritize profit and achieve financial success.

 

The Importance of Financial Statements for Business Owners
During our conversation, Rocky shared invaluable insights that can transform your law firm's financial health. We discussed the importance of financial statements, especially for those without an accounting background. Rocky compared the lack of financial education in law and medical schools to the challenges business owners face when dealing with complex financials.

 

The Role of a Fractional CFO
Rocky also introduced the concept of a fractional CFO and emphasized the need to understand the levers that drive profitability in your business. He advised...

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