Profit With Law: Profitable Law Firm Growth

Send us a textShownotes 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 mentioned:   If you enjoyed this excerpt from last year's Law Firm Growth Summit, then you don't want to miss the next one in less than two weeks, December 5-7, 2022!   Register for the 2022 Law Firm Growth Summit here: https://lawfirmgrowthsummit.com/podcast 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: Facebook - https://www.facebook.com/moshe.amsel LinkedIn - https://www.linkedin.com/in/mosheamsel/

Send us a textShownotes 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 Young + Co joins Moshe Amsel to discuss the value of CFOs in making financial decisions and planning your firm's growth trajectory. She builds on her years of CFO experience and shares tactical ways to increase your cash flow, prepare for retirement, and achieve financial independence!  If you want to know how to create cash flow outside your law firm, this episode is for you!  Resources mentioned: Register for our upcoming Law Firm Growth Summit, happening December 5-7, 2022. This is an event you don’t want to miss and registration is FREE! Book a FREE Law Firm Expansion Coaching Session with our coaches at Profit w

Send us a textShownotes 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, you'll never know how big the things you can do are. Failures are part of the process, and overcoming them is the key to building a successful law firm. In this episode, James “Jim” Scott Farrin, President of the Law Offices of James Scott Farrin, joins us to discuss how he grew his firm to run like a business. He shares the risks he took from the firm’s early days and how he overcame failures along the way. He lays down the most crucial aspects to pay attention to when growing a firm and how to navigate investment decisions. Jim also talks about the case management software they developed called GrowPath. If you wan

Send us a textShownotes 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 being at its mercy. Sam Mollaei, a Two Comma Club awardee and owner of seven law firms, joins Moshe Amsel in this episode to discuss how he got to where he is and how you can replicate what he did. He shares his five-step process on how to scale your firm. Sam also emphasizes the value of an abundance mindset and constantly improving. If you want to learn how to scale and automate your law firm to a higher level, this episode is for you! Resources mentioned:   Join the waitlist for our upcoming Law Firm Growth Summit, happening in December. This is an event you don’t want to miss! Want to implement what you’ve learnt

Send us a textShownotes 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 get disappointed over and over. Before engaging in any marketing efforts, you must first find your law firm's Capital S story. In this episode, Paul Furiga, CEO and Chief Storyteller of WordWrite, joins Moshe Amsel to discuss finding your firm's Capital S story. He talks about the power of having a story that draws in potential clients and talents to your firm. He also shares the Storycrafting process and models they use at WordWrite and how to apply them in different business and marketing contexts. If you want to know how to start telling your Capital S story of your firm, then this episode is for you. Resou

Send us a textShownotes 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 discuss how law firm owners can treat their firms as businesses. She shares the importance of consistent planning and reevaluation, from your business model, employees, financials, and even investments. Learn to value finances and make better decisions for your business.  If you want to level up your law firm and increase both your profits and financial stability, this episode is for you!   Resources mentioned:   Are you interested in widening your business perspective? Grab a FREE Law Firm Expansion Coaching Session with one of our coaches. Slots are limited, so grab yours before they’re gone! Want to implement what you’ve

Send us a textShownotes 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 production creates a content goldmine. Putting out a single episode can take you to places more than you can imagine and produce content that lasts for a lifetime. In this episode, Robert Ingalls, founder of podcast production agency LawPods, joins Moshe Amsel to discuss how law firms can use podcasting effectively as a marketing strategy. Robert provides insights on the ins and outs of building and launching a podcast. He also lets us in on the process of working with a podcast production agency. Finally, he highlights the importance of commitment and consistency in making any marketing strategy work. If you want your law

Send us a textShownotes 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 of your business.  So, where should you begin? In this episode, Charlotte Isaac and Moshe Amsel discuss system automation and how it builds profitable businesses. Charlotte imparts time-saving tips to manage your firm efficiently. And finally, she shares why customer happiness is the newest marketing tool and what to do to create positive client feedback.  If you're a business owner looking for ways to improve your firm's client experience, this episode is for you!   Resources mentioned: Interested in widening your business perspective? Grab a FREE Law Firm Expansion Coaching Session with one of our coache

Send us a textShownotes 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’ll need people to determine and carry out concerted and intentional strategic marketing efforts tailor-fit to your business. In this episode, Cassidy Lewis, CMO for Cooper Hurley Injury Lawyers,  shares her expertise and talks about the importance of investing in strategic marketing to build your business. She discusses the value of referrals and how relationships with attorneys and firms — even competitors — can bring better results to your company. Cassidy also imparts valuable marketing advice for law firms and solo practitioners alike. If you want to make the most of your resources and invest in strategic marketing

Send us a textShownotes 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 reception service in expanding your business. She builds on her 13 years of expertise and explains how hiring a receptionist puts your firm in the top third of law firms. Bre also discusses the importance of looking after your employees and how to inspire them to be passionate about your firm's success.   If you are contemplating getting a reception service for your law firm, this episode might be for you! Resources mentioned:   Interested in widening your business perspective? Grab a FREE Law Firm Expansion Coaching Session with one of our coaches. Slots are limited, so grab yours before they’re gone!  Want to implemen

Send us a textShownotes 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 help you boost your brand in the most optimal way possible. In this episode, Brendan Ruane, a website designer, digital marketing specialist, and founder of Light Switch Advisors, talks about how social marketing should not always be expensive, tiring, and time-consuming. He shares the dos and don’ts in social marketing, including various techniques he gained from working with an array of law figures and agencies. If you want to know more about how you can propel your brand by boosting your social engagement the right way, make sure you tune in to this episode. Resources mentioned:   Grab a FREE Law Firm Expansion Coac

Send us a textShownotes 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 create the law firm of your dreams. Joining Moshe Amsel in this episode of Profit with Law is John Fisher, a medical malpractice attorney and author. He shares his journey in building a law firm and the lessons and tips he learned to grow a successful firm. He also talks about the power of systems and processes. Don’t miss this episode to gain valuable insights and bring your firm to new heights!   Listen to the episode here: https://www.profitwithlaw.com/331 #ProfitWithLaw #JohnFisher #TheLawFirmOfYourDreams #TheReader’sNook #LawFirm  Resources mentioned: Uncover what’s holding you back from getting the results you want f

Send us a textShownotes 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 rapport with clients and potential customers, a vital key to a successful law practice. Joining Moshe Amsel in this episode of Profit with Law is Taylor Darcy, a California-based lawyer and the owner of Think Legal PC. He shares his career journey and the decisions he’s made that helped him grow his business. Taylor also talks about connecting with your audience, potential clients, and billing models. Don’t miss this episode to gain valuable insights and bring your firm to new heights! Resources mentioned:   Uncover what’s holding you back from getting the results you want for your firm. Book a free coaching session with u

Send us a textShownotes 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 more when you have the right people supporting you. In this episode, Chelsea Williams returns to the show to discuss the five key financial players and how they all contribute to your firm’s financial strategy. She also talks about how to create good financial habits. If you would like to learn more about achieving your financial goals through the help of these five financial players, then this episode is for you. Resources mentioned:   Interested in creating a crystal clear vision for your "ultimate law firm success”? Grab a FREE Law Firm Expansion Coaching Session with one of our coaches. Slots are limited, so g

Send us a textShownotes 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 expert testimony typically involves the evaluation of a material fact presented in court proceedings. It is an expert witness's duty to give an impartial opinion on issues raised in the court within the scope of their expertise.  In this episode, Stuart Reich joins Moshe Amsel to give a glimpse of the work of a physician assistant expert witness in legal proceedings. Stuart explains why a PA-to-PA review is critical in both plaintiff and defense cases involving physician assistants. He also highlights the weight of the geographical standard of care in medical malpractice cases involving PAs. Stuart then shares how h

Send us a textShownotes 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 interviews Dustyn Coontz, the owner and founder of Coontz Law — a criminal defense firm based in Lansing, Michigan. After being diagnosed with ADHD late in his life, Dustyn shares how he used this apparent weakness as a catalyst for catapulting his firm to success. Moshe and Dustyn also discuss the ins and outs of when and who to hire to grow a business successfully! If you feel intrigued about how you can turn your weaknesses into a competitive edge and grow your firm, then this episode is for you. Resources mentioned:   Interested in widening your business perspective? Grab a FREE Law Firm Expansion Coaching Session wit

Send us a textShownotes 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-term and long-term financial goals. Financial planning empowers us to take control of where every last bit of our money goes to build the personal and business life we dream of.  In this episode, financial advisor Wendy Brookhouse joins Moshe Amsel to explain how to plan and manage your personal and business wealth as a law firm owner. She highlights the importance of beginning with the end in mind; it’s best to start as soon as possible in financial planning and investing. Wendy and Moshe also discuss shifting the perspective around getting credit, HR assets, risk assessment, overcoming money issues, and building good

Send us a textShownotes 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 forward and navigate through the redundant tasks that dim your entrepreneurial passion. In this episode, Valerie Trapunsky, the CEO and founder of ChatterBoss, shares with Moshe Amsel the importance of having an assistant in a business. She talks about why successful people need assistants for their businesses to thrive. Finally, she explains the responsibilities that assistants may offer to ease your business processes. If you’re interested in learning the advantages of hiring assistants, this episode is for you! Resources mentioned:   Book a ONE-ON-ONE FREE COACHING SESSION with our coaches at Profit with Law today! L

Send us a textShownotes 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 to build opportunities. Only in this way can you move the needle toward achieving your vision for your career, clients, and your legal community. In this episode, Corinne Heggie joins us to shed light on the challenges and struggles women lawyers face in their profession. She highlights the value of building a profile outside the office and building your own book of business. Corinne also shares the best practices in seeking opportunities and the three things you must do daily to get business. Finally, she talks about her experience becoming a part of a bar association and how it helped her career. If you want to know ho

Send us a textShownotes 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. Today, learning to use the online space and optimizing a digital marketing strategy is key to establishing your law firm’s brand. The sooner you start, the wider the audience reach you can attain. In this episode, Annette Choti joins us to break down the ultimate digital marketing formula law firms must follow. She demystifies SEO and discusses the best practices for writing online content. Annette also shares the 5-step formula that can help law firms grow online and how digital marketing agencies can bring value to your business.  If you want to know how to optimize your firm’s content online, then this episode is for yo