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Smart Lawyers Position to Transition

Latest episodes

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May 23, 2024 • 27min

LIFE AFTER LAW®: Thriving Personally and Professionally with Sarah-Nell Walsh

In this episode of our podcast series, Life After Law®, host Victoria Collier interviews Sarah- Nell Walsh, CEO and founder of Wayfinders LLC, about thriving personally and professionally after leaving the legal profession. Sarah-Nell, a former litigation partner turned professional certified coach, shares insights into finding fulfillment and balance in life after law. Key Takeaways 1.⁠ ⁠Recognizing Burnout: Sarah Nell discusses the common struggle lawyers face in balancing work and personal well-being, highlighting the signs of burnout and the importance of prioritizing self-care. 2.⁠ ⁠Setting Boundaries: She emphasizes the need for lawyers to set boundaries with clients and prioritize their own well-being, including making time for personal activities and appointments. 3.⁠ ⁠Transitioning Careers: Sarah Nell shares her personal journey of leaving the legal profession and starting her coaching company, Wayfinders LLC, driven by a desire to continue serving as a trusted advisor and problem solver. 4.⁠ ⁠Client Focus: She outlines her focus on helping small law firm owners and leaders in big law navigate the challenges of entrepreneurship and leadership while maintaining their well-being.   About Our Guest Sarah-Nell Walsh is a professional certified coach, former practicing attorney, + Founder of Wayfinders LLC. Equal parts big-hearted cheerleader and bold challenger, she works with ambitious professionals who want to perform at the top of their game. Prior to coaching, Sarah-Nell was a litigation partner at an AmLaw 100 firm, where she was recognized as Mentor of the Year in 2016. In addition to numerous industry awards, she has been recognized as a Rising Star by Georgia Super Lawyers and named among the Legal Elite by Georgia Trend Magazine. Connect With Sarah  LinkedIn: https://www.linkedin.com/in/sarah-nellwalsh/ Instagram: @wayfinders.coaches Apply for a complimentary discovery session at www.wayfinders-ATL.com/discovery   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/        
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May 16, 2024 • 15min

Are Business Brokers Really Working for You?

In this episode, host Victoria Collier shares her expertise in the world of business brokers and their practices, sharing her recent experience attending a two-day training on becoming a business broker while highlighting the surprising revelations she encountered.  Key Takeaways:  1.⁠ ⁠Insight into Broker Practices: The podcast provides valuable insights into the practices of business brokers, shedding light on common procedures and potential pitfalls in the buying and selling process. 2.⁠ ⁠Navigating Complexities: Listeners gain practical advice on navigating the complexities of engaging with brokers, ensuring clarity in representation, and safeguarding their interests through legal counsel involvement. 3.⁠ ⁠Ethical Considerations: The podcast addresses ethical considerations in broker-client relationships, emphasizing the importance of transparency and ethical conduct in business dealings. About Victoria Collier  Victoria Collier, JD, CELA, CEPA, CVBA, is a highly accomplished professional who founded The Elder & Disability Law Firm of Victoria L. Collier, PC, in 2003, achieving consistent average gross revenue of $1.5M for five consecutive years before successfully selling the firm in 2020. Since 2008, Victoria has been a trusted consultant, providing valuable guidance to law firm owners on developing specific practice areas within their existing firms and enhancing overall firm value.  As a Certified Exit Planning Advisor and Certified Value Builder Advisor, Victoria specializes in advising law firm owners on strategic positioning and transitioning their firms, facilitating a smooth transition into life after law.   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/      
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May 9, 2024 • 39min

Poverty Mindset: How it Creeps in and Holds You Back (and how to break free from it

In this episode, our host Victoria Collier, sits down with seasoned expert in legal marketing and mindset transformation, Jennifer Goddard, to explore the pervasive issue of the poverty mindset within law firms and the strategies to overcome it.  Identifying the Scarcity Mindset: •⁠  ⁠Jennifer shares personal anecdotes and highlights symptoms of the scarcity mindset, such as high staff turnover and fear of decision-making. Strategies for Overcoming Scarcity: •⁠  ⁠Jennifer outlines four key strategies for shifting from scarcity to abundance. Seeking Guidance and Mentorship: •⁠  ⁠Victoria stresses the significance of seeking guidance from coaches and mentors with proven track records of success. Jennifer's podcast, available at www.marketinglawcast.com, offers valuable insights and motivational content for lawyers seeking to overcome the poverty mindset. Integrity Marketing Solutions, Jennifer's company, provides a free discovery call for lawyers interested in exploring marketing strategies and mindset transformation. Visit www.imsrocks.com to schedule a call.   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/          
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May 2, 2024 • 34min

Buying and Selling a Law Firm with the SBA Pre-Qualification Process

In this episode, host Victoria Collier sits down with special guest, Steve Piatkowski from Live Oak Bank. Together, they explore the intricacies of financing law firm acquisitions, while shedding light on the various challenges and opportunities in the process.    Key Takeaways: •⁠  ⁠Challenges in Law Firm Acquisitions: The podcast highlights some common challenges in law firm acquisitions, such as owners unwilling to personally guarantee loans and unethical behavior from sellers, like breaching non-compete agreements.  •⁠  ⁠Smooth vs. Troublesome Transactions: The conversation contrasts examples of smooth and troublesome transactions. •⁠  ⁠Emphasis on Expertise and Resources: The podcast emphasizes the significance of expertise and resources in facilitating successful law firm acquisitions. Whether it's specialized financing solutions from Live Oak Bank or guidance from legal experts like those at Quid Pro Quo Law, leveraging professional support can mitigate risks and streamline the acquisition journey for both buyers and sellers.   More About Our Guest  Steve joined the bank in 2019 as a business analyst for the wine and craft beverage team. In August 2021, he became an underwriter for the professional services teams. After underwriting for a year, he continued his focus on the professional services teams as a loan officer, where he supports the lending team and Live Oak's customers. Originally from New Jersey, Steve graduated from the University of North Carolina Greensboro with a degree in communication studies. In his spare time, Steve enjoys being as active as possible and spending time with his wife and daughter. Connect With Live Oak Bank - what we offer, how we are different, and why we are the best at what we do. https://www.liveoakbank.com/   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/      
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Apr 25, 2024 • 24min

LIFE AFTER LAW®: Storytelling for Success in Life and Law With Kyla Denanyoh

In this episode of our special series, Life After Law®, our host Victoria Collier sits down with Kyla Denanyoh, founder of KD Creative, to explore the role of storytelling in life and business. Kyla shares with us her journey from law school to podcasting, highlighting the importance of embracing creativity and taking risks. Through her own experiences and insights, Kyla reveals how storytelling can build brands, attract engaged audiences, and create meaningful connections. Tune in to learn about the world of storytelling and discover its power to shape our lives beyond the courtroom.   Key Takeaways: •⁠  ⁠The significance of storytelling in business and personal branding. •⁠  ⁠Kyla's inspiration behind launching the "You Are a Lawyer" podcast. •⁠  ⁠Exploring the diverse paths of law school graduates and their extraordinary lives outside the      courtroom. •⁠  ⁠How storytelling can help lawyers and business owners connect with their audiences and          attract clients. •⁠  ⁠The importance of commitment, creativity, and authenticity in podcasting.   More About Our Guest  Kyla Denanyoh is a lawyer, storyteller, and founder of KD Creative. After focusing on writing and editing documents in law school, Kyla fell in love with editing audio and transcribed words as a podcaster. While working and managing an IP/e-commerce department, Kyla met incredible lawyers who inspired her to share their stories through podcasting.  In 2020, Kyla launched the You Are A Lawyer podcast, a platform that celebrates the diverse paths of law school graduates. With a decade of project management and corporate organizational experience, Kyla founded KD Creative in 2021. KD Creative is a multimedia agency that helps business owners expand brand visibility and attract their ideal customers. When Kyla isn't creating, she is chasing her toddler or trying new restaurants with her husband. Learn more about Kyla Denanyoh at www.kyladenanyoh.com.   Connect With Our Guest Visit skiptheboringstuff.com to start podcasting with Kyla today! instagram.com/mrsdenanyoh  youtube.com/@kyladenanyoh www.kyladenanyoh.com   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/      
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Apr 18, 2024 • 21min

Super Successful Solo Practitioner Tips with Lauren Lester

In this episode, our host Victoria Collier sits down with Lauren Lester, a solo practitioner who offers guidance and support to lawyers looking to optimize their practices for both profit and enjoyment. Throughout this conversation, they highlight the potential for solo practitioners to build valuable, sellable law firms by embracing innovation, systematization, and a client-centered approach.   Key Takeaways:  Starting a Solo Practice: Lauren shares her experience starting her own practice right out of law school, highlighting the lack of preparation for the business aspect of running a law firm. Embracing Flat Fee Billing: Lauren and Victoria talk about flat fee billing over hourly billing, citing the value it provides to clients and the incentive it creates for efficiency. Coaching and Mentoring Other Lawyers: Lauren discusses her coaching business, A Different Practice, where she helps solo and small firm practitioners optimize their practices for profit and enjoyment.   Learn More About Lauren Lauren Lester is a solopreneur who provides affordable help to clients in Colorado with her estate and family law firm Lester Law. Lauren is also passionate about helping lawyers build profitable practices they love. She founded A Different Practice, which offers business coaching and other practical resources for optimizing your law firm for profit and enjoyment.   Connect with Lauren Instagram: https://www.instagram.com/mslaurenlester/ LinkedIn: https://www.linkedin.com/in/mslaurenlester/  TikTok: https://tiktok.com/@affordablelawyer Find practical resources to build a practice optimized for profit and enjoyment at www.adifferentpractice.com   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/          
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Apr 11, 2024 • 27min

Building a Saleable Law Firm through Subscription Services with Mathew Kerbis

In this episode of Smart Lawyers Position to Transition, our host, Victoria Collier, sits down with guest Mathew Kerbis to discuss his subscription-based law firm and the departure from the traditional billable hour model. Discover why this model not only enhances access to justice but also attracts a larger clientele and boosts revenue for law firms.    Key Takeaways:  •⁠  ⁠The debate around billable hours •⁠  ⁠The subscription model •⁠  ⁠Artificial Intelligence and Automation    About our guest: Mathew Kerbis is The Subscription Attorney. He’s on a mission to affordably serve clients at scale via the subscription model and inspire attorneys to abandon the billable hour. He founded the law firm Subscription Attorney LLC after working for private practice law firms for nine years. His firm leverages automations and artificial intelligence to offer more accessible and reasonable prices like legal advice starting at $19.99/month and $49.99/page. Kerbis realized the subscription model could revolutionize the legal profession, so he launched the podcast Law Subscribed to help attorneys make the same choice. He also speaks and writes about how generative artificial intelligence is changing the way law is practiced. Kerbis has presented at ABA TECHSHOW, Stanford’s CodeX online community, several other online publications, and as a guest lecturer for law schools. Website: https://subscriptionattorney.com/  LinkedIn: https://www.linkedin.com/in/kerbisverse/   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/      
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Apr 4, 2024 • 23min

How to Be an Entrepreneur Lawyer with Josh Fitch

In this episode, Victoria Collier hosts a conversation with Josh Fitch, co-founder of  Troxel Fitch LLC, a multi faceted law firm built to support today's business owners and entrepreneurs. Together they discuss the transformation of law practices into businesses, the challenges and benefits of partnerships, and the importance of setting clear expectations and boundaries. Fitch shares his experience of starting a law firm with a friend from law school, highlighting the treacherous aspects of mixing friendship with business.   Key takeaways: Shift in Mindset: The episode highlights the importance of viewing law practices as serious businesses rather than solely legal entities. Business Protection Strategies: Protecting businesses involves establishing clear agreements, planning for ownership changes, and preparing for crisis situations. Role of Lawyers in Entrepreneurship: Lawyers possess valuable skills that can be leveraged in entrepreneurship.   About Our Guest Josh takes pride in serving clients' needs, starting with business formation, continuing throughout their business growth, and providing support beyond. Troxel Fitch LLC strives to provide high-quality affordable legal services to entrepreneurs in all walks of life, from venture-backed CEOs to backyard bootstrappers.   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/      
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Mar 28, 2024 • 45min

LIFE AFTER LAW®: From Stress to Success with Robert Ingalls

In this episode of the Life After Law® series, Victoria Collier has a conversation with Robert Ingalls, the founder and CEO of LawPods. Robert shares his journey from practicing law to venturing into the world of podcast entrepreneurship, offering valuable insights into the transition and the role of podcasting in law firms. He emphasizes the importance of mindset, passion, and seizing opportunities, even in the face of uncertainty.   Key Takeaways: •⁠  ⁠From Law Practice to Podcasting •⁠  ⁠The Role of Podcasts in Business Development •⁠  ⁠Networking and Relationship Building •⁠  ⁠Content Marketing Powerhouse •⁠  ⁠Embracing Opportunities and Taking Risks   About our Guest Robert Ingalls counts himself among the luckiest people alive. After the challenges of practicing law threatened to derail his career and mental health, he traded in his suit and tie for a shot at entrepreneurship. While there were a few rough years in between, he turned his spare bedroom podcasting hobby into a marketing agency servicing the biggest brands in law. He lives in Raleigh, North Carolina, with his remarkable wife, darling daughters, and a proliferating collection of longboard skateboards.   Connect with Robert •⁠  ⁠Website: LawPods  https://lawpods.com •⁠  ⁠Email: robert@lawpods.com •⁠  ⁠Social Media: @lawpods (Find LawPods on various social media platforms)   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/ Disclaimer: The views and opinions expressed in this podcast episode are solely those of the individuals involved and do not necessarily reflect the official policy or position of Quid Pro Quo or its affiliates. Listeners are encouraged to seek professional advice and conduct their own research before making any decisions based on the information provided.  
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Mar 21, 2024 • 16min

When is an Offer Really and Offer?

In this episode, host Victoria Collier explores the complexities of determining when an offer truly becomes binding in the context of law firm sales. She explores the distinctions that exist between a letter of intent and an actual offer to purchase, shedding light on the nuances and practical implications for both buyers and sellers. Through anecdotes and insights, Victoria provides valuable perspectives from her experience in facilitating law firm transactions, offering guidance on navigating key terms, contingencies, and the role of lawyers in ensuring clarity and protection in business deals. Join Victoria as she demisttifies the process of making and accepting offers, providing essential information for lawyers and laypeople alike. Key Takeaways: •⁠  ⁠Differentiating between a letter of intent and an offer to purchase •⁠  ⁠Understanding the binding nature of each document •⁠  ⁠Exploring key terms essential for making a deal •⁠  ⁠Discussing contingencies and their impact on the agreement •⁠  ⁠The role of lawyers in drafting and interpreting these agreements   About Victoria Collier Victoria Collier, JD, CELA, CEPA, CVBA, is a highly accomplished professional who founded The Elder & Disability Law Firm of Victoria L. Collier, PC, in 2003, achieving consistent average gross revenue of $1.5M for five consecutive years before successfully selling the firm in 2020. Since 2008, Victoria has been a trusted consultant, providing valuable guidance to law firm owners on developing specific practice areas within their existing firms and enhancing overall firm value.  As a Certified Exit Planning Advisor and Certified Value Builder Advisor, Victoria specializes in advising law firm owners on strategic positioning and transitioning their firms, facilitating a smooth transition into life after law. We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/      

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