Profit with Law: Profitable Law Firm Growth

Send us a textShownotes can be found at https://www.profitwithlaw.com/387.There's no one-size-fits-all marketing formula to marketing a law firm. In the legal field, as in any business, failure is a part of the journey. However, rather than viewing setbacks as defeats, see them as opportunities for growth and improvement. Analyze your mistakes, learn from them, and dust yourself off. With diligence and putting trust in the process, your law firm's growth potential is limitless.In this episode, Luke Russell joins us to discuss why it’s okay for law firms to fail in their marketing ventures. He emphasizes that the key is finding a marketing strategy you genuinely enjoy. He also encourages us to use social media as a relationship-building tool, not a channel for getting attention. Most importantly, Luke urges lawyers to embrace experimentation, recognizing that failure is integral to successfully marketing a law firm.If you want to know how to start building a marketing approach that captures your personal values and your firm’s brand, this episode is for you.00:00 Introduction4:55 Luke’s Beginnings7:18 Getting into the Legal Field10:57 The Business Problem We Need to Solve in the Legal Field in Relation to Mental Health12:53 Entrepreneurial Frustrations as a Lawyer15:52 Navigating Business and Marketing as a Lawyer18:44 Doing YouTube25:51 Pulling the Plug When Something’s Not Working28:32 Perfectionism vs. Diligence in Marketing a Law Firm33:21 Luke’s Parting Piece of AdviceResources mentioned:Subscribe to Profit with Law’s Youtube channel for exclusive content!Want to implement what you’ve learnt in this episode? Download the Action Guide, a workbook designed to help you process and implement the knowledge gained from this interview.Learn more about the Profit with Law Elite Coaching Program here.Profit with Law Episode 340: Investing in the Growth of Your Law Firm with Jim FarrinConnect with Luke: LinkedIn l Instagram l EmailCheck out Luke’s podcast Lawful Good to discover how you can become a better lawyer in and out of the courtroom!American Bar Association’s Mental Health ResourcesThe E-Myth Revisited by Michael E. GerberJoin 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.amselLinkedIn -

Send us a textShownotes can be found at https://www.profitwithlaw.com/386.You've got eight solid hours of sleep, yet you don't feel rested. As entrepreneurs or law firm owners, getting enough sleep is critical to ensuring your business succeeds. But there's more to sleep than hopping into bed and closing your eyes. You need better sleep quality — which means having phases of deep and dream sleep and sleeping longer.On this episode of Profit with Law, Tanessa Shears, a health consultant and kinesiologist, shares the role of good-quality sleep in optimizing productivity, resiliency, and focus for entrepreneurs. Tanessa explains various strategies to improve sleep and optimize sleep opportunities, including home redecoration and dieting tips. The episode delves into the science of sleep, the benefits, and the consequences of neglecting it. Tune in to hear the eye-opening conversation on how entrepreneurs can leverage dream sleep to scale their businesses and lead fulfilling lives.If you're a tired entrepreneur who never feels rested even after a full night's rest, it's time to improve your deep and dream sleep phases. This episode is for you.00:00 Introduction5:42 Sleep: Its Importance and Effects on Life11:52 Deep and Dream Sleep for Entrepreneurs18:16 Snoring Linked to Impaired Cognitive Performance20:53 Improve Your Sleep Quality With These TipsResources mentioned:Subscribe to Profit with Law’s Youtube channel for exclusive content!Want to implement what you’ve learnt in this episode? Download the Action Guide, a workbook designed to help you process and implement the knowledge gained from this interview.Learn more about the Profit with Law Elite Coaching Program here.Get Tanessa’s book, Focus: Hack Your Sleep For More Productivity, Energy and Growth In Your Business.Oura RingMyoTapeJoin 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.amselLinkedIn - https://www.linkedin.com/in/mosheamsel/

Send us a textShownotes can be found at https://www.profitwithlaw.com/385.Law firms of every size often need help with lead generation and conversion. Why? The phone is ringing, your receptionist is talking, and you're sending emails. So what's going on? What are lawyers doing wrong when it comes to marketing a law firm?In this episode of Profit with Law, Philip Fairley joins us to discuss marketing a law firm — and you can use his methods for any business. Follow his journey as a business person in the tech and legal industry. Discover the necessities for marketing your services.   Tune in to learn what too many law firm owners miss when marketing a law firm.00:00 Introduction2:30 The Life Story of Philip Fairley13:06 Building Upon the Legacy of Rainmaker22:17 Marketing a Law Firm: Spending Money to Make Money31:09 The Value of Having a Lead Intake Specialist44:27 Funneling Clients to Unlock Peak Profitability48:51 Updated Techniques for Marketing a Law FirmResources mentioned:Subscribe to Profit with Law’s Youtube channel for exclusive content!Want to implement what you’ve learnt in this episode? Download the Action Guide, a workbook designed to help you process and implement the knowledge gained from this interview.Learn more about the Profit with Law Elite Coaching Program here. Episode 369 - How to Leverage Customer Feedback to Boost Your Law Firm with Curtis DaveyConnect with Philip: LinkedIn Book a FREE consultation/Strategy session to find the right marketing solution for your firm with The Rainmaker Institute. Discover the power of video. Learn how to create content at home to boost your appointment rates with Rainmaker Video Rainmaker Video ChallengeAnswer the PublicTurbineRE-AnalyticsJoin 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.amselLinkedIn - https://www.linkedin.com/in/mosheamsel/

Send us a textShownotes can be found at https://www.profitwithlaw.com/384.Ethics is an integral part of any professional practice. But be that as it may, it is a fact that lawyers are also human and are susceptible to making errors. There are so many areas in ethics lawyers can miss. However, the repercussions for these mistakes can be more grave as legal entities. That said, lawyers bear the responsibility of being proactive, well-informed, and up-to-date with legal ethics guidelines.In this episode, Daniel Siegel joins us to discuss the most common violations of ethics lawyers and law firms encounter. He also delves into the number one source of client complaints with lawyers: mismanagement of communication. Daniel shares actionable tips on managing time and client expectations, handling IOLTA, and law firm equity stakes.The ethics lawyers have to follow may seem complex, but ignorance is no excuse. If you want to avoid ethical pitfalls as a lawyer, this episode is for you.00:00 Introduction2:59 Daniel’s Story6:42 The Most Common Areas of Ethics Lawyers Get into Trouble10:14 How to Do More in Less Time18:23 Interest on Lawyers Trust Accounts (IOLTA)22:26 On Flat Fee Billing26:02 What is a Formal Opinion?28:36 Ownership and Equity Stakes in Law Firms36:00 Daniel’s Parting Piece of AdviceResources mentioned:Subscribe to Profit with Law’s Youtube channel for exclusive content!Want to implement what you’ve learnt in this episode? Download the Action Guide, a workbook designed to help you process and implement the knowledge gained from this interview.Learn more about the Profit with Law Elite Coaching Program here.Episode 379 - Cultivating Endless Referrals The Power of Relationships with Bob BurgConnect with Daniel: WebsiteHow to Do More in Less Time by Daniel SiegelRead Daniel’s books for more on legal ethics!Maximum LawyerJoin 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.amselLinkedIn - https://www.linkedin.com/in/mosheamsel/

Send us a textShownotes can be found at https://www.profitwithlaw.com/383.On paper, most people might think that they want the most efficient lawyer. But the truth is, when someone needs legal help, they’re not looking for the lawyer with the most successful cases. They want the lawyer who cares about them — someone really in their corner. Put yourself in their shoes. Who would you rather work with: a machine, or someone you know, like, and trust? Be the person who calls them back, who assures them that everything will be alright. Share a piece of your story, build a human connection, and create an authentic relationship.In this episode, Neal Goldstein joins us to talk about the importance of building a human connection with clients. He also shares how his challenging childhood shaped his values and the story of how he became a personal injury lawyer. Neal emphasizes that personal connections and humanizing your relationship are key to fostering a repeat client base.If you want to know how to create a human connection with clients, this episode is for you.00:00 Introduction3:52 Neal’s Story7:31 Navigating a Rough Childhood11:02 Sharing Your Story and Building Relationships14:48 Achieving a Level of Success Early on in Your Legal Career19:21 Getting Clients as an Established Law Firm27:23 Becoming a Lawyer31:53 Why Clients Leave Lawyers33:48 Neal’s Parting Piece of AdviceResources mentioned:Subscribe to Profit with Law’s Youtube channel for exclusive content!Want to implement what you’ve learnt in this episode? Download the Action Guide, a workbook designed to help you process and implement the knowledge gained from this interview.Learn more about the Profit with Law Elite Coaching Program here.Episode 379 - Cultivating Endless Referrals The Power of Relationships with Bob BurgConnect with Neal: WebsiteWho's In The Waiting Room?: Create the Life You Want through the Power of Authentic Relationships by Neal GoldsteinGoldstein and BashnerWhy won’t my lawyer return my phone calls?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.amselLinkedIn - https://www.linkedin.com/in/mosheamsel/

Send us a textShownotes can be found at https://www.profitwithlaw.com/382.You're just a small company, so surely cybercriminals won't target you, right? Or maybe you're thinking, "We're a really big company; no one would dare target us." The truth is both of these statements are wrong. Cyber risk threatens everyone — as long as you make yourself an easy target. That's why everyone, whether you're a nine-figure law firm or a small corner shop, should learn how to get into cybersecurity.In this episode, Kip Boyle discusses why and how to get into cybersecurity. We review basic security procedures that drastically reduce your cyber risk and explain one of the most common attacks.If you’re a business with any kind of digital presence, this episode is for you.00:00 Introduction7:19 Who Is Kip Boyle?11:32 How to View Cybersecurity Risks23:23 Understanding Phishing30:16 How to Get Into Cybersecurity40:36 What Kind of Client Needs Cybersecurity?50:09 Kip's Parting Advice: Be More DifficultResources mentioned:Check out the new Profit with Law YouTube channel!Want to implement what you’ve learnt in this episode? Download the Action Guide, a workbook designed to help you process and implement the knowledge gained from this interview.Learn more about the Profit with Law Elite Coaching Program here. Connect with Kip Boyle: LinkedIn | TwitterCyber Risk ManagementCyber Risk Management PodcastGet a free copy of Fire Doesn’t Innovate through the Cyber Risk Management and Profit with Law CollaborationLastpassJoin 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.amselLinkedIn - https://www.linkedin.com/in/mosheamsel/

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’s Healing Work: Meditation and Intuition21:21 Incorporating Meditation into Your Daily Life23:21 Taking a Pause and Tuning in30:42 Doing Energy Work33:32 How Doing Energy Work Manifests in the Body38:20 The Seven Chakras42:56 What Taking a Pause Really Means51:36 Emily’s Parting Piece of AdviceResources mentioned:Check out the new Profit with Law YouTube channel!Want to implement what you’ve learnt in this episode? Download the Action Guide, a workbook designed to help you process and implement the knowledge gained from this interview.Learn more about the Profit with Law Elite Coaching Program here.  Episode 107 - Rise of the Digital CEO with James WedmoreConnect with Emily: Website | Instagram | Facebook | LinkedIn | YouTubeAlign and Unstoppable PodcastIntegrated Energy Alignment Practitioner TrainingJoin 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.amselLinkedIn - https://www.linkedin.com/in/mosheamsel/

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. If you are considering support staffing solutions to boost your profitability, then this episode is for you. 00:00 Introduction5:04 24 Months to Freedom: Towards the Liberated Lawyer Lifestyle10:25 The Business of Law Firms 14:31 How to Avoid Missed Opportunities19:41 Lead Generation and Retention Roles30:29 Billing and Collections Issues45:14 Keeping Yourself and Clients ComfortableResources mentioned:Check out the new Profit with Law YouTube channel!Want to implement what you’ve learnt in this episode? Download the Action Guide, a workbook designed to help you process and implement the knowledge gained from this interview.Learn more about the Profit with Law Elite Coaching Program here. Episode 128 - Doubling Your Revenue with Virtual Staff with Brett TremblyEpisode 342 - Taming the Email Monster with Brett Trembly 24 Months to Freedom: How Modern Law Firms Use Smarter Staffing Solutions to Fast Track Their Way to Success  Connect with Brett: LinkedIn | TwitterTrembly Law Firm Get Staffed Up: Website | LinkedIn | Instagram | Facebook | Twitter | (866) 763-4405Get $750 off your first virtual assistant onboarding when you sign up with Get Staffed Up through www.profitwithlaw.com/getstaffedup.

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 Background9:32 Reframing the Understanding of Selling15:27 How to Build a Business on Referrals19:07 Developing a Relationship with People You Interact with Every Day26:07 System to Maintaining Relationships32:10 Writing a Thank You Note37:43 How to Navigate Referring Business to Somebody41:31 Bob’s Parting Piece of AdviceResources mentioned:Check out the new Profit with Law YouTube channel!Want to implement what you’ve learnt in this episode? Download the Action Guide, a workbook designed to help you process and implement the knowledge gained from this interview.Learn more about the Profit with Law Elite Coaching Program here. Connect with Bob: WebsiteSubscribe to Bob’s Daily Impact emailDownload a copy of Bob's personalized notecard and notepads!The Go-Giver by Bob Burg and John David Mann Get access to Bob’s 10 Feel-Good Questions!The Go-Giver Success Alliance Zig Ziglar’s booksTom Hopkins’ booksEndless Referrals: Network Your Everyday Contacts into Sales by Bob BurgHow to Win Friends & Influence People by Dale CarnegieThink and Grow Rich by Napoleon HillPsycho-Cybernetics by Maxwell Maltz, MD, FCISAs a Man Thinketh by James Allen

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 easier and more efficient? Listen in to our conversation with Laura to find out more.00:00 Introduction2:26 Laura’s Work5:41 Working Fewer Hours and Living More9:11 Getting Your Costs To Go Down12:52 Breaking Down the Attorney’s To Do17:06 Getting Your Audience22:06 Converting Clients From Your Audience25:40 The Track to Success30:33 Your Call To Action31:28 Laura’s Parting Piece of AdviceResources mentioned:Check out the new Profit with Law YouTube channel!Want to implement what you’ve learnt in this episode? Download the Action Guide, a workbook designed to help you process and implement the knowledge gained from this interview.Learn more about the Profit with Law Elite Coaching Program here.Law Office of Laura CowanCheck out 2-Hour Lifestyle Lawyer and book your discovery callPark Slope ParentsJoin 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.amselLinkedIn - https://www.linkedin.com/in/mosheamsel/