Profit With Law: Profitable Law Firm Growth

Send us a textShownotes can be found at https://www.profitwithlaw.com/202.   The emergence of digital technology has shifted how business transactions and services are done. With innovations being developed everyday, the legal community now faces the challenge of collaborating with clients online. However, this would not be a massive challenge if we chose to embrace progress and modernization. Through technology like automation software, your law firm can improve the quality of your services and be more efficient. In this episode, Scott Stevenson joins Moshe Amsel to talk about transaction inefficiencies in the legal industry. He also shares how he enabled more businesses to perform transactions digitally and inexpensively through Rally, a collaboration and automation software. In our technology-oriented world, clients want us to be tech-savvy. Scott has helped his clients make this shift and manage their law firms. If you want to know more about how technology can help streamline processes and services in la

Send us a textShownotes can be found at https://www.profitwithlaw.com/201.   There are two law firm owners this episode is for - those who want leads and those who want more leads

Send us a textShownotes can be found at https://www.profitwithlaw.com/200.   We are celebrating our 200th episode by highlighting 5 of our top downloaded interviews. Join us for a trip down memory lane and we hope you enjoy the show. Resources mentioned:   Episode 105: Effectuating Real Change through Courses with Joey Vitale - https://www.profitwithlaw.com/105 Episode 49: Getting Over 1,000 Google Reviews with Sam Mollaei - https://www.profitwithlaw.com/049   Episode 184: Pricing, Profits, and Payment Plans with Richard Formoe - https://www.profitwithlaw.com/184   Episode 164: A Lawyer’s Path to Wealth with David Bitton - https://www.profitwithlaw.com/164   Episode 128: Doubling Your Revenue with Virtual Staff with Brett Trembly - https://www.profitwithlaw.com/128 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 info@dreambuilderfinancial.com.   Connect with Moshe on: F

Send us a textShownotes can be found at https://www.profitwithlaw.com/199.   In this episode, host Moshe Amsel contemplates the value in anticipating the ultimate positive outcome from a seemingly negative situation. He also demonstrates the value of this kind of thinking in the growth of your firm and also surprisingly in the ability to release an employee to be free to thrive somewhere else. Resources mentioned:   Register for the Virtual Staffing for Law Firms FREE training at https://www.profitwithlaw.com/getstaffedup.   This episode is sponsored by Smith.ai. Curious how you can use a receptionist service at your law firm? Download the Smith.ai free eBook: Are you Lawyering or Laboring? 7 Steps for Running a Highly Productive Law Firm with Virtual Receptionists.   This episode is sponsored by Lawmatics. Go to www.lawmatics.com to book your personalized demo and learn how Lawmatics can help you grow your firm.   This episode is sponsored by Get Staffed Up. Learn more at profitwithlaw.com/getstaffedup

Send us a textShownotes can be found at https://www.profitwithlaw.com/198.   With thousands of law firms out there, how do you find a way to stand out? If you think you don't need law firm marketing, you're making a big mistake. Marketing is an essential part of any business, and law firms are no exception. The right marketing strategy can attract ideal clients and cases to grow your firm. Today's guest proves this with his digital marketing agency, helping hundreds of law firms reach successful heights. In this episode, we're joined by Gary Musler, a law firm marketing specialist. He shares his tips and tricks on making your firm stand out to attract the clients and cases you want. He also discusses the importance of choosing your area of focus and establishing your law firm's identity. If you want to learn more about the right marketing strategy for your firm, tune in to this episode! Resources mentioned:   Profit with Law Episode 29 - Why Choosing a Niche Will Skyrocket Your Fi

Send us a textShownotes can be found at https://www.profitwithlaw.com/197.   A little over 2 weeks ago, we were dispatched to what turned out to be the worst fire I have ever seen. It was an adult living facility with capacity for close to 200 residents and it was an old structure built in the early 1900s completely out of wood. Within minutes the fire had spread and the facility was overcome with flames and smoke. One of the firefighters got caught in a flashover and called out a Mayday over the radio. The minutes that followed were awful as we were left to wonder what the fate would be for our fellow first responder. Ultimately, we learned that Firefighter Jared Lloyd had given his life saving dozens of lives. He had gone back into the building several times, each time emerging with more residents that he saved. At 35, he left behind 2 beautiful young children. However, he died performing his mission and he left behind the legacy he intended for his children. Every day, especially the last year, we are remi

Send us a textShownotes can be found at https://www.profitwithlaw.com/196.   Whether you're a beginner or an established professional, taking a calculated risk is always daunting. With a rising amount of possibilities, fear of losing opportunities and failure becomes too challenging to manage. Despite your fears, you need to learn to believe in yourself. Don’t let self-doubt bring you down, and use your failures as learning experiences.   In this episode, Kara Vaval shares why you should believe in yourself. Having confidence in your strategic plans can improve your decision-making skills. You can take inspiration from her story of perseverance and faith as she successfully builds her law firm from her stint in selling Mary Kay products. Resources mentioned:   This episode is sponsored by Smith.ai. Curious how you can use a receptionist service at your law firm? Download the Smith.ai free eBook: Are you Lawyering or Laboring? 7 Steps for Running a Highly Productive Law Firm with Virtual Receptionists.

Send us a textShownotes can be found at https://www.profitwithlaw.com/195.   Are you hoping to one day be happy? Do you think that when you finally make a million dollars, when you finally have the dream home, etc. then you will be happy?   What is your lack of happiness today costing you, your business and those around you?   Listen to this episode to learn what truly drives happiness and why being happy is such an integral piece of your success. Resources mentioned:   The Happy Project Book: https://www.profitwithlaw.com/happyprojectbook This episode is sponsored by Smith.ai. Curious how you can use a receptionist service at your law firm? Download the Smith.ai free eBook: Are you Lawyering or Laboring? 7 Steps for Running a Highly Productive Law Firm with Virtual Receptionists.   This episode is sponsored by Lawmatics. Go to www.lawmatics.com to book your personalized demo and learn how Lawmatics can help you grow your firm.   This episode is sponsored by Get Staffed Up. Learn more at profitwithlaw.co

Send us a textShownotes can be found at https://www.profitwithlaw.com/194.   Lawyers are often exposed to a variety of people from all walks of life. At some point in your career, you may encounter a case that requires you to have a deeper understanding of a different cultural background. Situations like this make international law handy for any lawyer in any field. It is also a good learning opportunity to further your career. In this episode, Dr. Fatemah Albader joins Moshe Amsel to talk about issues concerning international law. She also discusses the importance of electing women into power and slowly breaking tradition for positive change. If you want to know more about women’s rights and different international issues, then this episode is for you. Resources mentioned:   This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to you. Get paid up front and still add the value of payment plan options for your clients. Learn more at lawfundar.com

Send us a textShownotes can be found at https://www.profitwithlaw.com/193.   Master client delight to grow your firm - As an attorney, you want to get more done for your clients, while converting leads into new business. But your days are filled with drafting documents, meetings, court appearances, speaking with opposing counsel…and making sure nothing falls through the cracks. This leaves little time to focus on the most critical element to win more business for your firm: the client journey. What if there was a way to automate the entire client journey for your law practice while delighting your clients every step of the way? In this session, we will cover how to create a clear path to client delight, and how to use that delight as a core lever of business growth. Resources mentioned:   This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to you. Get paid up front and still add the value of payment plan options for your clients. Learn more at

Send us a textShownotes can be found at https://www.profitwithlaw.com/192.   Starting your own business is one thing, but maintaining it and making it grow is a whole different matter. You’ll encounter all sorts of problems, and it can be challenging to face them unsupported. It’s essential to ensure someone’s got your back. That’s where a financial institution comes in. In this episode, Moshe Amsel and Todd Hamblet discuss how a financial institution can be your partner in growing your law firm. Todd also talks about common problems small businesses have to face, like managing cash flow and accessing capital. If you want to know how partnering with a financial institution can help you grow your law firm, then tune in to this episode. Resources mentioned:   This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to you. Get paid up front and still add the value of payment plan options for your clients. Learn more at lawfundar.com/profitwithlaw.   T

Send us a textShownotes can be found at https://www.profitwithlaw.com/191. Resources mentioned:   This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to you. Get paid up front and still add the value of payment plan options for your clients. Learn more at lawfundar.com/profitwithlaw.   This episode is sponsored by NOTA powered by M&T Bank. You went to law school to be a lawyer, not an accountant.  Take advantage of Nota - a no-cost IOLTA management tool that helps solo and small law firms track client funds down to the penny.  Enjoy peace of mind with one-click reconciliation, automated transaction alerts, and real-time bank data.  Visit trustnota.com to learn more. Terms and conditions may apply.    This episode is sponsored by LegalEase Marketing. No buzzwords. No jargon. No B.S. Just results to make your law firm grow, that’s LegalEase Marketing. LegalEase Marketing is a full-service marketing agency for lawyers by legal experts and digit

Send us a textShownotes can be found at https://www.profitwithlaw.com/190.   We all get the same number of hours in a day. How is it possible that some people can be completely productive and have all the time they need in a day, while other people never seem to have enough? How do you even begin to manage time? Joining us in this week’s episode is Elizabeth Saunders, one of the world’s top time management professionals for the past three consecutive years. She’s here to talk about what makes these people different and how to become like them. She shares strategies we can adopt to fully make use of our time and be productive with it. Elizabeth also identifies the usual bad habits people have and how to break them. If you want to know more about how to manage time and be clear on your priorities, tune in to this episode! Resources mentioned:   This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to you. Get paid up front and still add the value o

Send us a textShownotes can be found at https://www.profitwithlaw.com/189.   We all know about the PPP program but are you aware of the changes made to the program in the Taxpayer Certainty and Disaster Tax Relief Act of 2020? The PPP program ends March 31, 2021 so don’t delay listening to this episode.   One stimulus plan you may not be aware of is the Employee Retention Credit that can be worth as much as $19,000 per employee between 2020 and 2021. Moshe Amsel explains all the details you need to know about claiming this credit including how to get the credit paid to you in advance! Resources mentioned:   This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to you. Get paid up front and still add the value of payment plan options for your clients. Learn more at lawfundar.com/profitwithlaw.   This episode is sponsored by NOTA powered by M&T Bank. You went to law school to be a lawyer, not an accountant.  Take advantage of Nota - a no-cost I

Send us a textShownotes can be found at https://www.profitwithlaw.com/188.   In this episode, Shrey Gupta shares his experience as the Head of Growth of LegalPay, a pioneering litigation funding company in India. He is eager to tell us how this business model will benefit everyone: litigators, lawyers, and funding companies alike. He also talks about the risk factors he faced and how he remained successful despite potential losses. Don’t miss this episode and learn the value of litigation funding! Resources mentioned:   This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to you. Get paid up front and still add the value of payment plan options for your clients. Learn more at lawfundar.com/profitwithlaw.   Connect with Shrey: Email | LinkedIn LegalPay LegalPay on Facebook 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

Send us a textShownotes can be found at https://www.profitwithlaw.com/187.   Everybody has their someday list. Someday I will get to play ball with my kids in the afternoon. Someday I will get to hang out with my friends on a weekday afternoon for lunch. Someday I will get to exercise for an hour before I go to the office.   We are all making a grave mistake when we do that. Someday will never come. Instead, Moshe Amsel shares how you can make someday be today without strangling your law firm in the process. Resources mentioned:   This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to you. Get paid up front and still add the value of payment plan options for your clients. Learn more at lawfundar.com/profitwithlaw.   This episode is sponsored by NOTA powered by M&T Bank. You went to law school to be a lawyer, not an accountant.  Take advantage of Nota - a no-cost IOLTA management tool that helps solo and small law firms track client funds do

Send us a textShownotes can be found at https://www.profitwithlaw.com/186.   A chain is only as strong as its weakest link. Your team members can make or break your organization. You have to be very intentional with team development, from nurturing their skills and getting them involved to taking care of their well-being. Your firm’s growth is highly dependent on whether your team members take ownership of the work they do and go the extra mile to be enthusiastic and collaborative. In this episode, Steve Morin joins Moshe Amsel to talk about his experience with developing individuals to become part of a functioning team. He emphasizes the role of leadership and what actions you should take to maximize your team’s capabilities. If you want to know more about team development and the factors that will make your members become team players, then this episode is for you. Resources mentioned:   This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to

Send us a textShownotes can be found at https://www.profitwithlaw.com/185.   Steven Covey said “Begin with the end in mind”. The problem is that most people do not know what the end is. Our bodies are designed to prevent us from imagining things that are beyond our own belief of what is possible. Without being able to imagine what you truly desire, how can you ever get it?   In this episode, Moshe Amsel shares an exercise you can follow that will allow you to begin to unlock your true potential.  Resources mentioned:   This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to you. Get paid up front and still add the value of payment plan options for your clients. Learn more at lawfundar.com/profitwithlaw.   This episode is sponsored by NOTA powered by M&T Bank. You went to law school to be a lawyer, not an accountant.  Take advantage of Nota - a no-cost IOLTA management tool that helps solo and small law firms track client funds down to the pe

Send us a textShownotes can be found at https://www.profitwithlaw.com/184.   Have you ever put yourself in your client’s shoes? Your client’s personal experience may be something you’re not used to or even aware of. Recent surveys show a miscommunication between what clients want and what lawyers think their clients want. How can we bridge that gap with payment plans?  In this episode, Richard Formoe joins Moshe Amsel to talk about changing our model into flat-fee pricing. He also discusses how multiple payment plans can give power and transparency to clients. Making life easier for our clients should not harm our business. In fact, by making things convenient and affordable, we can drive up revenue and even save precious time!   If you want to know more about improving your pricing and payment plans, then this episode is for you. Resources mentioned:   This episode is sponsored by LawFundAR. The easy and simple way to add payment plans to your practice with no risk to you. Get paid up front and still add

Send us a textShownotes can be found at https://www.profitwithlaw.com/183.   If you are experiencing anxiety, fear or a sense of confusion, you’re not alone. With the uncertainty of our current situation, compounded by major media, social media, experts, forecasters and our own government, we all feel like we really have no idea what the next day will bring or if our financial future is secure. So how do we know what to do? What to decide? How to react?   Join David Neagle as he shares with you:   *How to evaluate a situation so you can make a decision based in truth rather than fear. *How to regulate and control your own emotions in the face of uncertainty. *How to manage time when you are experiencing a constant state of change. *How to tap into your own innate resourcefulness and think outside the box to turn your annual income into your monthly income. Resources mentioned:   Law Firm Growth Summit Recordings https://www.lawfirmgrowthsummit.com/recordings   This episode is sponsored by LawFundAR. The ea