Profit With Law: Profitable Law Firm Growth

  • Autor: Vários
  • Narrador: Vários
  • Editor: Podcast
  • Duración: 392:59:50
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Sinopsis

Small Law Firms often start from the practice of law and not as a business venture. This ends up causing the growth of the firm to be much longer and more painful than it needs to be. If you started a Law Firm with the intention of increasing your impact, freeing up your time and having all the money you will ever need then the strategies we discuss will be priceless for you. Profit with Law is a show focused on the business of running a law firm as a profitable venture. Packaging and pricing your services, getting clients consistently, growing your staff in a way that feels good to you and implementing systems and technology to set yourself up for success are all discussions you will find here on the show. Moshe Amsel the host of the Profit with Law podcast is not an attorney. He has spent 20 years as an executive in the IT industry before becoming an accountant and business advisor for small businesses. As the owner of a successful accounting firm DreamBuilder Financial and Law Firm Growth coaching organization Profit with Law, Moshe has proven that there are better and different ways for a law firm to do business and be successful. Our mission is to empower all people with wealth creation so that this and future generations can lead a better life. Wed love nothing more than to do this by helping law firm owners on their journey.A law firm is not for practice its for profit!

Episodios

  • How to Align Your Energy and Become Unstoppable with Emily Aarons - 381

    01/06/2023 Duración: 54min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/381.We live in a society that gives great value to hustle culture. But when you keep going without pause, the energy you harness flows into the work you’re doing. This negative energy manifests in your body, spirit, and outcomes. It’s a disservice both to yourself and the people you’re serving. So take a pause and align your energy to be the best version of yourself. That’s when you become unstoppable.In this episode, Emily Aarons joins us to talk about the power of meditation and energy alignment. She shares how to incorporate energy work in your life through 1-minute daily meditations. Emily also delves into the importance of trusting our intuition and explains how the seven chakras manifest in our bodies.Running a firm is no easy feat. If you are struggling to take a pause and tune in with your body and spirit, then this episode is for you.1:23 Emily’s Background6:19 Energy Work and Intuition Building15:23 Listen to Your Voice15:55 Emily

  • How to Build the Right Support Staff to Achieve Peak Profitability with Brett Trembly - 380

    25/05/2023 Duración: 01h03min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/380.There is only so much an independent lawyer running their own practice can do. Although feasible, your limited time and business expertise hold you back from achieving maximum profitability. Stacking workload from multiple responsibilities means fewer clients served and increased chances of oversight. Missed calls, lack of rapport, and collections issues can all contribute to a loss in profit. What you need is to hire key administrative staff to reduce workload. The optimal setup for a law firm has lawyers focused on legal work. This frees up time for more clients and ensures efficiency to unlock peak profitability.In this episode, Brett Trembly joins us to discuss his new book, 24 Months to Freedom: How Modern Law Firms Use Smarter Staffing Solutions to Fast-Track Their Way to Success. He explores how you can resolve the issues a solo lawyer faces by building a support team. Brett also highlights the benefits of hiring offshore talent.

  • Cultivating Endless Referrals The Power of Relationships with Bob Burg - 379

    18/05/2023 Duración: 44min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/379.Sales and marketing strategies come and go. But one method that never goes out of style is word of mouth—referrals. As a lawyer, doing business doesn’t only mean being good at your practice. You also have to know how to sell your services. The problem is many lawyers have preconceived notions about what it means to be in sales. So first, you have to reframe your understanding of selling. It's the first step to developing relationships in a way that people will know, like, and trust you enough to refer you endlessly.In this episode, Bob Burg joins us to explain how to build relationships that lead to endless referrals. He walks us through how lawyers can reframe their understanding of selling. He then shares his system for developing and maintaining relationships and navigating referring business to somebody.If you want to know how to start building a business on referrals, then this episode is for you.00:00 Introduction2:29 Bob’s B

  • How to Run a Successful Estate Planning Practice in Less Than Two Hours a Day with Laura Cowan - 378

    11/05/2023 Duración: 34min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/378.Working at a big business can mean earning thousands of dollars — and who doesn't want a six-figure salary, right? However, it can also cost you hours and hours of your day. Many people, especially professionals used to working long hours, have realized that this isn't what they want in life. Spending whole days at the office to work harder and earn more isn't worth it. Now, the goal is to make a good living and still have enough time to have a life outside of work.Like many others, attorneys have realized they don't want to spend their entire lives at work. The question now is what to do to achieve that goal.In this episode, Laura Cowan tells us what you can do to run a successful practice with just two hours a day. She shares how you can start your own estate planning services and elevate your practice by using virtual tools and techniques.Want to learn how to use the virtual world to make your work as an attorney

  • The Formula to a Lasting Legacy and Business Success with Michael Smikun - 377

    04/05/2023 Duración: 45min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/377.Anyone can start a business or law firm. Creating success is the real challenge. But success means different things to different people. For some, it's nothing more than the bottom line. Others want to leave a lasting legacy of financial success, such as generational wealth, a stable business, or a contribution to the community — ultimately, you define your goal. However, reaching that goal can come down to a formula.In this episode, Michael Smikun joins us to talk about creating success for the business side of your firm while continuously creating value and building a lasting legacy. He shares the formula he used to get financial, time, and impact freedom.  If you want to bring success and leave a lasting legacy through your business, then this episode is for you.00:00 Introduction5:55 Michael’s Background10:13 The Three Circles of the Law Firm Growth Formula19:33 Michael Smikun’s Formula for a Successful, Lasting Legacy28:24 Unl

  • Investing in Your Future: How to Pay Off Student Debt with Christie Arkovich - 376

    27/04/2023 Duración: 39min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/376.Student debt can be a significant financial burden for many people, but it is a challenge that can be overcome with the right strategies and mindset. One effective strategy is to create a budget and pay off high-interest loans first while exploring options for loan forgiveness or refinancing. Additionally, seeking resources and support from student loan specialists can provide valuable guidance and assistance in managing student debt.In this episode, Christie Arkovich joins us to share some valuable tips on how to pay off your student debt, including applying for an IDR waiver, the benefits of paying more than the minimum payment, refinancing your loans, and looking into forgiveness programs. If you've been struggling with student debt for years — or know someone who has, this episode is for you. You can pay off your debts — you just need the right strategy.00:00 Introduction4:24 Christie’s Background12:41 What You Can Do to Pay Of

  • How to Solve Your Firm’s Problems with Tech Solutions with Bim Dave - 375

    20/04/2023 Duración: 34min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/375.Technology has made many things in the world much easier. Today, almost everyone everywhere uses technology to access information, make processes smoother, and solve problems. Over the years, various industries have adopted tech solutions for data analysis, customer management, and much more. The legal industry has taken its time, but it’s catching up with the early adopters. With the right tools, life can be easier and lawyers can improve the way they run their firms.Bim Dave has worked in legal technology for over 20 years. In this episode, Bim joins us to talk about how you can benefit from technology in the best way possible. He shares how he and his company, Helm360, provide creative technology solutions that firms can implement to solve unique problems. Bim shows law firms that there is no need to fear technology. Instead, it is something to be embraced and used to improve lives.If you have a problem you’re struggling with, what y

  • The Ultimate Guide to Designing Your Law Firm Website with Brendan Ruane - 374

    13/04/2023 Duración: 52min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/374.It's impossible to understate the impact a law firm website can have on your revenue. Good website design can draw in your clients — but a badly-made one will push them away. However, not everyone knows how to put a good law firm website together.In this episode, Brendan Ruane joins us to discuss the basics of website design and content creation. He talks about the main components your law firm website should have. He also emphasizes why your website's design and content go hand in hand. Brendan then lets us know the best practices to optimize your website's pages for better ranking and user experience.If you want to revamp your firm's website into a functional yet engaging one, this episode will help you start.00:00 Introduction4:17 Top Design Errors in a Law Firm Website11:11 Designing Your Homepage14:44 Tips on How to Incorporate Photos on Your Law Firm Website20:21 The Importance of Color23:03 Setting the Mood of

  • Overcome Fear, Reach a Calm State, and Make Your Pitch with Ingela Onstad - 373

    06/04/2023 Duración: 54min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/373.Most professionals, like lawyers, are high-functioning, head-focused people. You'll find them confident with their knowledge and intellect in their expertise. However, as we know, there are different stages in the professional world where we have to perform. Even the pros can experience stage fright — like when making a pitch. To overcome it and maintain a sense of calm, you'd have to engage in deep internal work.In this episode, high-performance coach and founder of Courageous Artistry, Ingela Onstad, joins us to discuss being calm and finding our confidence. She demonstrates practical techniques for achieving  calmness , such as journaling, introspection, or simply recognizing the emotional experiences in our bodies. She shares strategies and exercises in the three essential cognitive, physical, and emotional aspects. Ingela affirms that becoming an effective professional comes down to a holistic process.This episode will he

  • How to CRUSH Your Way to a Better Profitability Margin with Sam Varner - 372

    30/03/2023 Duración: 46min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/372.Leaving your corporate job and starting your own business might seem like a big challenge. In truth, it's also a huge opportunity. However, starting a business takes time to create wealth. It's a journey filled with setbacks and failures you inevitably must face and overcome. The key is to take risks with a plan and strategy in mind. Your business' profitability margin will only grow if you put something into it.In this episode, Sam Varner, founder of SHE Collective Biz, joins us to discuss the common mistakes new business owners make that hurt their long-term profitability margin. She sheds light on many starting entrepreneurs' misconceptions and shares some tips for resolving them. Sam also introduces the CRUSH formula to building a profitable business.If you’re an aspiring business owner looking to really move the needle on your profitability margin, this episode is for you.00:00 Introduction2:55 How Sam Became a

  • The Four Pillars of Employee Happiness with Craig Goldenfarb - 371

    24/03/2023 Duración: 57min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/371 Achieving law firm success can sometimes feel like an elusive dream. It's easy to get lost in the numbers and KPIs. Here's the thing, those are important metrics, but you may be overlooking some of the most crucial pillars of your firm — your people. People aren't numbers. You might hire incredible employees, but what are you doing to make them stay and grow? In this episode, Craig Goldenfarb joins Moshe Amsel and is back to talk about workplace culture. He shares the four pillars of good workplace culture and how any law firm, big or small, can start to change. He shares insights and ideas on company events, programs, and even incentives. Get inspired by the workplace culture Craig has created and recreate it for your law firm. Remember, if your workplace is a place people want to work in, employees are naturally more productive and creative.  If you struggle with high turnover rates, a lack of innovation and initiative,

  • Transform into a Supercharged CEO with Joey Vitale

    23/03/2023 Duración: 01h09min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/371A.Are you spending all of your time working IN your business with little to no time to work ON it?Is your VALUE dependent on your EFFORT & TIME (which you never have enough of), and as a result, “working harder” and “working longer” is your only strategy?Maybe you've thought about hiring and delegating more, but building a team is tough. And today, with all of the hats that business owners need to juggle just to stay above water, it’s hard to get all of your work done—let alone hire & train others!Especially when you’ve been BURNED or GHOSTED before by a teammate!And if you’re like most of the entrepreneurs out there, then you probably feel frustrated, deflated, and anxious about the idea of delegating and building a team. Chances are—as much as you want more work/life balance—you’re already feeling like managing people is hard work, and you’re wondering if it’s easier to stay solo, hold onto all the work, and maybe hire an

  • How to Determine Your Firm’s Value and Sell at a Fair Price with Victoria Collier - 370

    16/03/2023 Duración: 39min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/370.Whether you’re just starting a law firm or have many years of building one up, most of us never think about selling the firm we’ve built. If you’ve never thought about it before, now is the best time to start. Remember: putting this off can be tricky. When you’re desperate to sell, you’ll accept any price, devaluing the effort and years you’ve put into the firm. The solution? Plan with the end in mind, even if you think you’ll never sell your business.In this episode, Victoria Collier joins Moshe Amsel to share her insights on the value of having an exit plan. It’s not just about selling — it’s about creating a valuable law firm. Victoria also shares the ins and outs typical of a law firm purchase or sale. We never know when we’ll need to sell our law firm, and whether or not it happens, planning for it is important. If you want to build a more valuable law firm and learn about exit strategies, then this episode is for you.00:00 Introdu

  • How to Leverage Customer Feedback to Boost Your Law Firm with Curtis Davey - 369

    09/03/2023 Duración: 01h11s

    Send us a textShownotes can be found at https://www.profitwithlaw.com/369.As a law firm owner, you’re always looking to stand out from the competition and attract more clients—but how can you make your business shine?Customer feedback is one of the most powerful tools in your arsenal, enabling you to showcase what makes your services so special. Especially in today’s digital world, reviews are essential in demonstrating the quality of legal service that a firm provides.In this episode, Curtis Davey joins uMoshe Amsel to share his tips on how to leverage customer reviews for maximum impact and help boost your law firm’s reputation! From understanding why customer feedback matters to learning about ways to ask and respond authentically, get ready for an inside look at how to make sure every interaction helps further grow your firm.If you want to learn more about how customer feedback is a powerful method to attract new clientele and improve your service, then this episode is for you.Resources mentioned:Want to

  • How to Start Podcasting for Your Law Firm with Danny Ozment - 368

    02/03/2023 Duración: 53min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/368.Most, if not all, businesses are on the internet. By now, almost everyone relevant has a digital presence, whether through social media, Google My Business, or their own website. The digital market is saturated — but there's an edge you can hone: start a podcast.In this episode, Danny Ozment, a podcast consultant, shares with Moshe Amsel why podcasts can create trust and authority much faster than blog posts and websites. He shares that podcast listeners build a relationship with the podcaster and are more likely to trust your service over the competition. He also shares how to start podcasting and determine what topics to talk about on your podcast.If you want to stay above the competition and start podcasting, this episode is for you.00:00 Introduction2:22 Introducing Danny 11:46 Is Podcasting for You?17:48 How to Start Podcasting21:03 What to Talk About 30:13 Utilize SEO for Podcasts39:35 Stay Consistent When You Start Podcastin

  • Tell Your Story: How to Grow Your Practice Through Law Firm Marketing with Nancy O’Hare-Zika - 367

    23/02/2023 Duración: 48min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/367.You might feel like you have mastered the art of presenting your clients' cases in court. But when it comes to marketing your law firm and expanding your business, many law firm owners still struggle. Here's a tip: you have to tell your story.To make sure that your legal practice stands out from the competition and attracts more than just local notoriety, tell your story! Law firm marketing isn’t only about promoting yourself as an attorney; it requires devising a comprehensive strategy to bring new clients in through various methods. With the right plan of action comes brand recognition and growth for your practice.In this episode, Nancy O'Hare-Zika joins us to explain why you should tell your story to boost your visibility. She also shares different marketing tips and strategies to excel at law firm marketing. If you’re struggling with getting your law firm out there, then this episode is for you.Resources mentioned:If

  • Perfection is the Enemy of Progress: Finding the Career You Love with Katie McManus - 366

    16/02/2023 Duración: 43min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/366.Law firm owners and many career-driven people think balancing work and life comes later. We prioritize work and success — but at what cost? It's not unusual to lose your personal life in the journey for perfection.In this episode, Katie McManus joins Moshe Amsel to talk about living the life you want to live today. You don't have to wait for your first million to start spending time with your friends and family. Here's the kicker: sometimes, if you're so good at your job that you're approaching perfection, you might be doing something wrong. In this episode Katie and Moshe discuss how to win — not only in business and law but in life too.It's never too early to create the mindset you need to succeed. Don't miss this episode if you're ready to learn why you should drop perfection to win the game of life.Resources mentioned:Join one of our upcoming Profit Brainstorming Sessions where Moshe will shar

  • Unlocking the Secrets of a Thriving Law Firm: An Insider's Perspective with Jennifer Gore-Cuthbert - 365

    09/02/2023 Duración: 01h17min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/365.Ever dreamed of scaling your law firm and reaching the highest levels of success?Many lawyers today have, but only a few understand what it takes to be a high-level law firm owner. It’s not just luck or individual talent—there is an art to thriving in this highly competitive industry! With the right plan, skills, and mindset in place, building a reputable practice is definitely an achievable goal.In this episode, Jennifer Gore-Cuthbert joins Moshe Amsel to talk about running an empowered law firm. She also shares practical tips to become a highly successful law firm owner. Through hard work and dedication, you can uncover the steps needed for success!If you want to become a high-level firm owner, then this episode is for you.Resources mentioned:Join one of our upcoming Profit Brainstorming Sessions where Moshe will share his top strategies for accelerating profit in your law firm!Want to implement what you’ve learnt in this episode? Dow

  • Building a Sustainable, Successful, and Socially Conscious Law Firm with Ryann Peyton - 364

    02/02/2023 Duración: 28min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/364. Think back to the time you decided to become a lawyer. What was your motivation? Did you aim to be a lawyer to serve the marginalized and underserved? Being in the legal profession is more than just reputation, money, and esteem. However, the longstanding traditional law practice makes it difficult to break free from this status quo. Fortunately, there is a way to align your practice and values while maintaining a successful and meaningful career.In this episode, Ryann Peyton, Director of Legal Entrepreneurs for Justice, joins Moshe Amsel to discuss what it means to build a socially conscious law practice. Ryann explains how adopting this business model creates a win-win situation for both lawyers and clientele. Ryann also breaks down the process of getting into the LEJ incubator.If you want to know why you should adopt a socially conscious law practice, this episode is for you.  Resources mentioned: Join one of our upcoming Profit Bra

  • How to Achieve Success through Afformations with Dr. Noah St. John - 363

    26/01/2023 Duración: 46min

    Send us a textShownotes can be found at https://www.profitwithlaw.com/363.   We’ve all heard countless life tips and tricks from self-help gurus. You might have even tried one or two of these “hacks.” While some of them are not necessarily wrong, they’re only the tip of the iceberg. Instead, what will transform your life is deep beyond what’s visible on the surface. In this episode, Noah St. John joins Moshe Amsel to discuss the concept of Afformations. He talks about the root and solution to the condition that stops us from achieving a freedom lifestyle. Noah also breaks down the four stages of competency and the five stages of habit. In the end, Noah explains why Afformations, not affirmations, are key to achieving your goals. If you want to know how to transform your life just by asking a question, this episode is for you. Resources mentioned:   Book a ONE-ON-ONE FREE COACHING SESSION with our coaches at Profit with Law’s Law Firm Expansion Coaching Session! Want to implement what you’ve learnt in this

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