Profit with Law: Profitable Law Firm Growth

Send us a textShownotes can be found at https://www.profitwithlaw.com/299.   Starting your own law firm is one of the riskiest decisions you can make. However, most firm owners start their firm because of circumstance and not because they evaluated the risk. So, even if you took the risk to start your own firm, you may still be risk averse and if you’re risk averse, that will hold you back from making the decisions you need to make in order to grow your firm.   In this episode, Moshe Amsel talks about risk and how to achieve the right balance of risk taking. He explains the difference between unhealthy risk taking that can cost you your firm and healthy risk taking that will catapult the growth of your firm.     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/298.   Marketing is often not a top priority for many lawyers or law firms. However, understanding why marketing is important is crucial for the growth of your firm. If you’re searching for a marketing agency but are hesitant to invest a large sum right away, we have the perfect solution for you: pay-per-click marketing. It ensures that your investment yields value in the form of leads. From there, you just need to make sure that your intake process can take them from start to finish.  In this episode, Adam Arkfeld joins us to talk about how pay-per-click marketing works to generate leads, helping businesses grow their clientele. He also reminds us that marketing should be backed by a strong intake and follow-up process to show results.  If you want to know more about why pay-per-click marketing is important and valuable for your law firm, then this episode is for you. 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. This episode is sponsored by Get Staffed Up. Learn more at www.getstaffedup.com/VIP   Connect with Adam: LinkedIn | Twitter | Email | 888-287-3335 Prevail Legal Marketing ParaCore Looking for a 24/7 receptionist for your law firm? Check out Smith AI! Use our code profitlaw100 to get $100 off your first purchase. Clio’s 2019 Legal Trends Report  LegalEase Lawmatics Join our Facebook Community:

Send us a textShownotes can be found at https://www.profitwithlaw.com/297.   When growing a business, it’s crucial to know where to invest. While most companies allocate their resources to marketing, technology, and social media, there is one critical component that some firms neglect to invest in — their employees. What these companies fail to realize is that investing in their employees contributes significantly to the organization's success. If business owners fail to value their employees, their company may not progress.   In this episode, Chelsie Lamie joins us to share her humble beginnings and how she created a thriving firm. She also discusses the importance of investing in people and imparts the best practices she employs to keep her staff motivated. Finally, she explains why leadership is not similar to micromanagement and why empowering your employees is key to a successful law firm.    If you’re a law firm owner looking for ways to motivate your employees, this episode is for you!  Resources mentioned:   Connect with Chelsie website | Facebook | Twitter | Instagram | LinkedIn   Learn more about your virtual staffing needs at Profit With Law - Get Staffed Up Living Forward by Michael Hyatt and Daniel Harvarky  Learn more about Boss Lady, Esq. 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.c

Send us a textShownotes can be found at https://www.profitwithlaw.com/296.   There can be many reasons why a law firm owner will struggle financially and work 60-80 hours per week. The biggest one by far is because the average law firm owner is doing too many things to the extent of becoming counter-productive.   In this episode, Moshe Amsel dives into the explanation behind this phenomenon, addresses how to fix it and how to overcome the fear of fixing it. If you want to know whom to hire and when then this episode is for you.    If you want to truly understand when the right time to hire any position is, then dive into this audio gem. Resources mentioned:   Episode 282 - Reducing Your Workload with Fractional Executive Assistants with Valerie Trapunsky https://www.profitwithlaw.com/282   Smith.ai's virtual receptionists answer your calls, chats, and texts, 24/7. https://www.profitwithlaw.com/smithai   Get Staffed Up for your virtual staffing needs. www.profitwithlaw.com/getstaffedup   Grow your business with ChatterBoss https://www.profitwithlaw.com/chatterboss 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/295.   It takes tremendous effort to start a law practice on your own. You'll need a well-thought-out business strategy that tackles all the administrative and technical matters of the company. It’s reasonable to think that all of these responsibilities may seem overwhelming. Nonetheless, there are a few things you can do to ensure that your solo practice is a success. In this episode, Jess Birken joins Moshe Amsel to talk about how she became a solo practitioner. She also shares the three keys to having a profitable law firm and explains why companies need to embrace outsourcing and automation. Finally, because every legal firm is a business, Jess reminds us of the golden rule for pricing your services. If you're an attorney thinking about beginning your own solo practice, this episode is for you! Resources mentioned:   Join the Law Firm Growth Summit’s Facebook community. Connect with Jess Birken: Twitter | LinkedIn | Facebook | Instagram Birken Law Office Charity Therapy  (Birken Law Podcast) Hack Your Practice Professionally answer your business calls and messages — get started with Smith.ai now! Productivity apps mentioned: Freedom | Acuity | Calendly |

Send us a textShownotes can be found at https://www.profitwithlaw.com/294.   "If someone challenged me $100,000 to get 5 new clients online in 7 days, what would I do?"   The answer to that question is what Sam Mollaei will show you in this 2021 Law Firm Growth Summit replay episode.   Use this nifty 60-second video funnel that you can easily create on your phone to talk directly to your dream clients to get your first 5 clients in 7 days.   Don't believe it? Sam will prove it to you. Resources mentioned:   Tired of being a stressed out lawyer? Book a free coaching call with one of our coaches and find out how to become a proud and free law firm owner - profitwithlaw.com/freecoaching 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/293. If you always find yourself thinking about your tasks and responsibilities and worrying over how your to-do list seems to have no end, you can easily be overwhelmed by stress. If this sounds like you, we invite you to take a breather. In this episode, Dr. Tami Berry joins us to talk about her experience dealing with stress and how she became a stress resilience coach. She shares how to recognize when we have a stress problem and what to do about it. You’re better than you think you are, and you already have what it takes to be successful! But first, you need to take a break.  If you want to know more about running your business without burnout and living a stress-free life, then this episode is for you. Resources mentioned:   New! Download the Action Guide for this episode. Sign up for a free coaching session with one of our coaches. Join the Law Firm Growth Summit’s Facebook community. Episode 289 - How Conscious Parenting Can Help You Be A Better Leader With Rachel Duffy Connect with Dr. Tami: Website | Facebook | Instagram | Twitter | LinkedIn Inner Balance Trainer from HeartMath 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 -

Send us a textShownotes can be found at https://www.profitwithlaw.com/292.   We don’t talk about profitability of law firms enough. Lawyers usually avoid this topic because they are afraid to hear it. They do not want to even think about numbers on top of their regular work. And yet, gaining profit from business is what's going to help you grow your firm to where you want it to be. Therefore, attorneys should not shy away from a numbers conversation. You need to learn how to talk about it, and it is all the more important to understand it. In this week's episode, Brooke Lively joins Moshe Amsel to tell us all about the important numbers you should be monitoring. She shares how you can keep track of them and discusses the things that lawyers are usually afraid of. Lastly, she talks about the importance of being transparent and communicating with your clients. If you want to learn more about how you can profit from business, then tune in to this episode! Resources mentioned:   Tired of being a stressed out lawyer? Book a free coaching call with one of our coaches and find out how to become a proud and free law firm owner - profitwithlaw.com/freecoaching 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/291.   Every year, law schools produce legal practitioners of great minds and integrity. However, the training and education they receive have little to do with business development. As a result, law entrepreneurs need to learn the fundamentals of growing a business from scratch —  and the first step is shifting from having a lawyer mindset to being a business owner.  In this episode, Craig Goldenfarb lays out the basic groundwork for an enduring and successful business. He discusses with Moshe Amsel the importance of growing and scaling your business as well as having a positive work culture. If you want to learn how you can successfully turn your profession into a successful business, this episode is for you! Resources mentioned:   New! Download the Action Guide for this episode. Sign up for a free coaching session with one of our coaches. Join the Law Firm Growth Summit’s Facebook community. Connect with Craig: LinkedIn 7 Figure Attorney Summit: Website | Register Now Atticus Personal Injury Academy™ Atticus Advantage - Find more coaching programs to build your law firm Traction: Get a Grip on Your Business by Gino Wickman  Mindset: The New Psychology of Success by Carol Dweck Tribe Of Mentors: Short Life Advice from the Best in the World by Timothy Ferriss The 5 Languages of Appreciation in the Workplace by Gary Chapman and Paul White The Dream Manager by Matthew Kelly

Send us a textShownotes can be found at https://www.profitwithlaw.com/290. Seeing the legal industry as a business can be pretty daunting. You're not taught business in law school, much less practice task management for teams. You may realize that you don't particularly enjoy doing the entrepreneurial parts of growing your firm, and it's okay to admit that. Fortunately, there are people who can help you. Your time is valuable; spend it doing what you do best and what you love. Set up systems and models that will help streamline your business. Along the way, you'll also need the discipline and commitment to grow.  In this episode, David Zumpano joins us to share the importance of systems and processes as you deliver your services. We discuss the mindset that you need as you show people what you can offer. Dave also highlights the importance of community and strength-based task management for teams. If you’re looking for tips on growing and running your law firm successfully, then this episode is for you. Resources mentioned:   Tired of being a stressed out lawyer? Book a free coaching call with one of our coaches and find out how to become a proud and free law firm owner - profitwithlaw.com/freecoaching 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/