I talked with a practicing lawyer, who keeps himself busy with non-legal business interests. He explains how he does it, and how you can, too!
Episode Highlights 08:04 - Founding Cherry Tree Legal – Brendan’s journey from solo practice to partnership. 10:15 - Initiating Change – The spontaneous move to start a new firm. 17:51 - Overcoming Fear – Brendan’s acknowledgment of fear in solo practice and growth after partnership. 22:10 - Estate Planning and Real Estate Practice – Incorporating new areas of law. 27:57 - Setting Up Ancillary Businesses – The structure and reasons behind establishing a title company. 32:09 - Real Estate Investment – Diversifying into commercial real estate investments. 35:32 - Critique of Legal Market – Brendan’s insight on wealth creation limitations within law practice. 38:32 - Non-Lawyer Ownership in Law Firms – Discussing the potential and necessity for private equity in law firms. 50:33 - Importance of Tech in Law Practice – Tools and software Brendan uses to streamline his practice.
Episode Resources
