Smart Lawyers Position to Transition

Going from the Dark Ages to the Digital Age of law poses many questions, including the ethics of such transformation. Dave Zumpano and Guy Reymon eloquently explain and answer these questions in their book, The Digitization of Law:  How to Transform Technology Disruptions into Abounding Opportunity.    Key Takeaways 17:30 Learn about the 3 ways people work with lawyers and how clients shift between them.    21:00 Discover how the digitization of law increases the value of a law firm rather than replacing a law firm Then, you will hear Dave’s position on how efficiency is a failed paradigm. To learn more about Guidr. Visit https://guidr.legal/ Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/in/victorywalkcoaching/

As more and more lawyers are beginning to realize they can buy or sell a law firm, the opportunities to do so are increasing as well.  While a conversation over a cocktail and a deal drafted on a napkin may still work for some ventures, lawyers, of all people, should know that formality is important. The first step in that formality is to have a Non-Disclosure Agreement in place when private information is going to be shared.  A “mutual” NDA is the recommended document, and the reason why a seller would want a buyer to sign one is shared at about 5 minutes into this episode. The risks of NOT having an NDA are listed at the 10-minute mark, and the separate parts of the agreement are outlined at 23 minutes. Before you even think about talking to a buyer or seller, listen to this episode! Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/in/victorywalkcoaching/

There is a growing trend of non-lawyers owning law firms.  Listen to this episode and learn the following: 03:00 States that allow non-lawyer-owned law firms and their criteria 07:00 Other states that have committees that are considering it 09:00  Why this proposal and practice is NOT hurting law firms but actually helping them and 24:00 Where this is expected to go over the next 10 years.  Links and Resources Mentioned https://www.azcourts.gov/az-supreme-court https://www.americanbar.org/groups/centers_commissions/center-for-innovation/ Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/in/victorywalkcoaching/

This is the most important message I could share.  The evidence is all around us – the question is, “are we paying attention.”  Listen to this episode to learn why Pink Floyd is relevant to your business, how it is never too late, and what the first step is to getting unstuck. Today.  Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/in/victorywalkcoaching/

Molly McGrath, Founder of Hiring and Empowering Solutions, is sharing strategies and practices to help you create a better employee experience and culture. Your team is your sales force and the glue that holds your business together. Listen to this episode to learn how to empower them. Since the late nineties, Molly has coached, consulted, and directed presidents and founders of national organizations and over 4,000 law firms in; executive-level leadership, continuous improvement, and team empowerment initiatives to infiltrate new markets, leveraging partner ecosystems and producing profitability. Molly has 23 years of specific skillset experience in legal CMO marketing, factional CEO, conversation intelligence coaching, team development & empowerment, intraprenuer talent acquisition, Kaizen leadership, root cause analysis, revenue mapping and action-based project management. Connect with Molly McGrath https://hiringandempowering.com/ https://hiringandempowering.com/law-firm-leadership-development-program/ Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/in/victorywalkcoaching/

All firms want consistent leads through solid marketing. It becomes even more important when selling a law firm. Jordan Ostroff, President of LegalEase Marketing, as well as a lawyer who owns a law firm and previously bought a law firm, shares his insight on:  Why some marketing companies make you money while others just waste it  The right and wrong ways to brand while selling a law firm  Why working with a company that provides exclusive, personalized plans is the only path to marketing success  23:22 – the easiest automation strategy for short-term and also for long-term success  28:08  – how to find the right marketing company for your law firm  Connect with Jordan Ostroff https://www.instagram.com/lawyerwithalife/ https://www.linkedin.com/in/jordan-ostroff/ Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/in/victorywalkcoaching/

You want to start your own law firm, or already have, and now want to make sure it is successful. In my conversation with Chris White, Managing Partner from Eques, you will learn: How law schools discourage attorneys from going Solo What is the difference between True Solo and Sole Practitioner Where the opportunity is in the Recession How to Make a Solo Practice sustainable and profitable The One Thread that runs within all successful Sole Practitioners Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/in/victorywalkcoaching/  

Only 30% of businesses that make it past the 10-year mark are sellable. There are 2 primary reasons why businesses don’t sell – the business is not ready, or the owner is not ready. In this episode, we discuss the personal reasons an owner is not ready and the four key areas to break through. Vision Flexibility Detachment Team Involvement Podcast Episodes Mentioned https://sites.libsyn.com/400250/resistance-when-selling-or-scaling-a-law-firm-with-millionaire-mindset-business-coach-david-neagle https://sites.libsyn.com/400250/the-law-firm-dream-team-do-you-have-one-and-can-you-sell-one Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/in/victorywalkcoaching/

Millionaire Mindset Coach David Neagle is helping us work through the resistance that can arise when selling or scaling a law firm. Even when people are set on selling their law firm, or expanding a firm, they may sabotage it through unconscious resistance. In this episode, you will learn:   -- why people struggle to sell their firms,  -- what you can do to eliminate the struggle -- how trust plays a role -- how your identity plays a part, and so much more   Connect with David Neagle https://davidneagle.com/ Listen to The Succesful Mind Podcast with David Neagle https://successfulmindpodcast.com/ How to Reverse Engineer a Multi-7 Figure Business in 3 Simple Stages https://davidneagle.com/reverseengineer Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/in/victorywalkcoaching/

You’ve had a great career with the freedom of owning your own law practice, and now you want to retire or just do something different. While many lawyers in that position just wind down their practice, this episode highlights 5 other available options, including selling the firm. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/in/victorywalkcoaching/