Profit with Law: Profitable Law Firm Growth

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/342 .   Here's a bonus episode for you! This episode is an excerpt from Brett Trembly's session at the 2021 Law Firm Growth Summit: Taming the Email Monster.   In this workshop excerpt, Brett Trembly explains how to train an assistant to manage your email and get 1,000 hours of your life back this year!! Resources m...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/341 .   Early retirement and financial independence are the dream for almost anyone, but how do we plan for and achieve them? How much money is needed to retire and be financially independent? Is the income from your law firm enough? If not, how can you get cash flow outside your business? In this episode, Sarah Young of Youn...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/340 .   Being a lawyer who handles cases and being a law firm owner who runs a business are two different things. That's why deciding to start a law firm is never an easy decision to make. It's a journey filled with taking risks and learning from mistakes. But unless you gather the courage to take that first step, y...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/339 .   All law firm owners will reach a point where it seems impossible to grow. You can spend time and effort running everything as smoothly as possible, but you can't do it all alone with so many things demanding your attention. If this is how you’re running your firm, you need to stop. You can grow your firm without...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/338 .   Behind every firm is a unique story that makes them stand out. Unfortunately, few law firm owners know how to capitalize on their story — or tell it. Instead, they jump on all the newest marketing initiatives without clearly understanding what they share. If this is what you've been doing, you're bound to ge...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/337 .   No matter the size of your law firm, most lawyers like to focus on what they do best — law. But when you're running a law firm, you need to start treating it like a business. If you are struggling with your law firm, adopt a business mindset.  Executive coach Laura Terrell joins Moshe Amsel in this episode to dis...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/336 .   Marketing strategy fads come and go, but there’s one strategy that’s here to stay: podcasting. Today, we can't deny that we live in the era of podcasting. It's one marketing tactic that remains consistently productive and high-yielding no matter how much time passes. And it's no surprise why: podcast pr...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/335 .   There's never been a better time to streamline your business with system automation. Fortunately, there are tons of tools to help you operate your business and improve client experience. However, with so many options, it's easy to become overwhelmed, especially if you're still learning the ins and outs...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/334 .   Are you a law firm owner or an attorney looking to grow your firm or solo practice? Even if you already have a pool of clients and other people engaged with your business, you still need marketing to thrive. Whether it’s a dedicated in-house marketing team, one-man marketing team, or outsourced marketing services, you...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/333 .   You can spend hundreds of dollars on social marketing hoping to get phone calls. But what happens when there's no one to answer the phone when it rings? Having someone in the reception role is crucial to finding clients.  Bre Swanson of LEX Reception joins us in this episode to discuss the advantages of a recepti...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/332 .   Gaining traction on social media and other websites is hard, especially if you do not know how to market your firm. With a pot of unique marketing strategies available today, expanding your firm’s authority and reputation in the digital era may be confusing as well. It’s a great thing experts in the field can always h...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/331 .   Most lawyers start their own law firms with a lot of dreams and hopes for the future. But all too often, those dreams slowly fade away as the realities of owning a law firm set in. The truth is, it’s hard to run your own business and make it successful. But with some carefully planned systems and effort, you can creat...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/330 .   Your law firm is in trouble if you’re unable to bring in a steady stream of clients. As a business owner, it’s up to you to build the foundations of your firm through outstanding client service, effective outreach channels, and a profitable billing model. All these factors work together to help you develop a good rapp...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/329 .   Anyone who runs a business or law firm can’t have the same setup forever. If you want to grow and achieve your financial dreams and have time for yourself, you need to start gathering the five key financial players into your team. You can’t do everything alone, and that’s not a bad thing. In fact, you can do so much m...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/328 .   There is a limit to the expertise of a lawyer. Cases involving industry-specific matters can be extremely complex without professional assistance. This is where an expert witness comes in.  An expert witness is someone with specialized knowledge or skill in a particular field, such as a medical professional. Thus, an...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/327 .   Weaknesses can be your strengths if you know how to use them. Problems like ADHD can make executing the right decisions to grow a business a significant challenge. However, with the right mentality and awareness, it can be an asset — albeit one difficult to harness. In this episode of Profit with Law , Moshe Amsel int...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/326 .   As they say, money makes the world go round. Thus, it's critical to be smart about handling your finances — both personal and business. Correctly managing your money requires a well-crafted financial planning process; it allows us to step up our game as business owners and make informed decisions around our short...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/325 .   Whenever we pursue our entrepreneurial dreams, there’s always that administrative work that gets in the way of our management. Instead of focusing on building your business for growth opportunities, you spend a significant amount of time with micro-specialized work. By hiring assistants, you can drive your business fo...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/324 .   Being a woman in the legal field is no walk in the park. Unlike men, whose default is to advocate for themselves, working environments often force women lawyers into the backseat. However, you must remember that only you guide the trajectory of your career. You must foster your unique skills and advocate for yourself...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/323 .   Law school taught you just about everything you need to know about practicing law, but there are also a lot of things you didn’t learn. One of these is navigating the marketing side of running a law firm. After all, a law firm is a business. Gone are the days when lawyers could only rely on word-of-mouth referrals. To...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/322 .   We all know we need to have some form of lead generation to get clients. But with all the marketing strategies available, it’s not easy to know where to start. Our advice: work smart, not hard. Know what strategy will yield the most results and work from there. Make sure your investments are worth it so your law firm...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/321 .   If you’re struggling with time and your workload, hiring a virtual assistant might just be the best business decision you’ll ever make. While Moshe often talks about hiring offshore talent and highlights the positive experience on the podcast, there are also some challenges and considerations you need to know before h...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/320 .   We all know how busy law firms can get. You alone, as a lawyer and owner, can’t accomplish every single thing needed for trials and consultations. The whole firm needs to work together to make things happen. That said, it’s critical to have an efficient system in place to ensure that everyone gets all their tasks done...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/319 .   Productive employees provide quality work and increase a firm’s efficiency and profitability. Hiring the wrong candidate is not only frustrating but also costly for your law firm. Thus, it is critical for you to establish a concrete hiring process. In this episode, Geoff Hoatson joins Moshe Amsel to talk about the imp...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/318 .   As business owners, there will be times when we’ll be ruled by self-doubt when taking risks. We need as much support as we can get and joining coaching programs can help in making us accountable and confident about our decisions. We don’t have enough hours in the day — if we want to increase revenue, we need to learn...