Virtual Paralegal Services with Jaclyn Foster

Uncategorized Aug 06, 2020

Are you a small firm and have a hard time finding a senior level paralegal or finding one that is affordable? In this episode Moshe Amsel interviews Jaclyn Foster, founder of Jaclyn Foster Paralegal Services, LLC. Jaclyn helps match up small firms with affordable senior level freelance paralegals. She shares with us the importance and benefits of hiring a freelance paralegal, instead of a full time one. She also outlines how to effectively utilize your freelance paralegal, so you are making the most out of your hire and money.



Resources mentioned:

Law Firm Expansion Free Coaching Session: https://www.profitwithlaw.com/freecoaching

 

LAWCLERK - https://www.lawclerk.legal/

Citrix - https://www.citrix.com/

Learn more about Jaclyn Foster on her website - https://www.jf-paralegalservices.com/

 

 

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Back of the Napkin and Other Planning Tips

Uncategorized Aug 04, 2020

Resources mentioned:

Law Firm Expansion Free Coaching Session: https://www.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 [email protected].

 

Connect with Moshe on:

Facebook - https://www.facebook.com/moshe.amsel

LinkedIn - https://www.linkedin.com/in/mosheamsel/

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Is The Court of Public Opinion Important? with Wayne Pollock

Uncategorized Jul 30, 2020

In this episode, Moshe Amsel interviews Wayne Pollock, founder of Copo Strategies. They discuss referral strategies, referral fees, and how to find referral partners and build that relationship. Wayne also talks about the Court of Public Opinion and how that can greatly impact a lawyer’s client. He shares strategies with us on how to use the media on the offensive or defensive side, so a client’s reputation isn’t ruined. Listen now to find out how to master referrals and the Court of Public Opinion.

 

Resources mentioned:

Law Firm Expansion Free Coaching Session: https://www.profitwithlaw.com/freecoaching

 

Get in Touch with Wayne - [email protected]

 

Take Your Free Communication Audit - http://copostrategies.com/audit

 

Thought Leadership Cost Calculator - https://www.writelessbillmore.com

 

Episode 25 - Generating Referrals Without Asking with Stacey Brown Randall - https://www.profitwithlaw.com/025

 

Episode 28 - Using a...

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Law Firm Finances Basics

Uncategorized Jul 28, 2020

When a law firm owner says “they don’t teach that in law school”, they are referring to operating a business. The most dreaded part of operating a business is the finances. 

 

It does not need to be that way. In this training taken from our Law Firm Growth Incubator membership, Moshe breaks down the most crucial topics in a way that can be clearly understood so that you can confidently operate your business in an efficient and profitable manner.

 

Here’s what you will learn:

  • The importance of tracking your financials in bookkeeping/accounting software
  • Why you should hire a bookkeeper and not try to do this job yourself
  • How do you interpret the financial data?
  • Is taking on debt good or bad and when should you consider it?
  • The law firm owner's secret nemesis: Taxes
  • Implementing financial processes and why they are so important



Resources mentioned:

Law Firm Growth INCUBATOR: https://www.profitwithlaw.com/incubator

 

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Navigating Technology in the Legal Industry with Lori Gonzalez

Uncategorized Jul 23, 2020

The tech industry is evolving and there are ways to automate and serve people in various areas of the law where a computer could do the job that an attorney is doing. Moshe Amsel and Lori Gonzalez dig deep into this issue to uncover the root of the problem with technology in the legal industry. Listen now to learn more about what is causing the gap in technology and automations for law firms.

 

Resources mentioned:

Law Firm Expansion Free Coaching Session: https://www.profitwithlaw.com/freecoaching

 

Get in touch with Lori Gonzalez’s: [email protected] - https://raynacorp.com/ - Twitter @RayNaCorp

 

Tracers - https://www.tracers.com/

Smith.ai - https://smith.ai/

 

Legal zoom - https://www.legalzoom.com/

 

Lynda - https://www.lynda.com/

 

Stacksocial - https://stacksocial.com/

 

Price Benowitz LLP - https://pricebenowitz.com/

 

BluShark Digital - https://blusharkdigital.com/

 

Rules for a Flat World by Gillian Hadfield - ...

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Improving Sales Using Early Indicators

Uncategorized Jul 21, 2020

Imagine you knew on the 10th of the month that you would not make enough money by the 30th to pay your bills and you could make changes then and avoid the calamity…

 

What if you could predict with certainty the revenue your firm would generate the next month? What could you do that you have been pushing off? Hire your next employee? Move into a bigger office space? Take home a bigger paycheck?

 

That is the power and importance of understanding the early indicators in the sales process. The early indicators will let you know you have a problem when there is still time to fix it.

 

What are early indicators? Tune in to this episode to find out what they are and how to measure and understand them.

 

Resources mentioned:

Law Firm Expansion Free Coaching Session: https://www.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...

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Profit First in a Contingency Firm with Brandon Osterbind

Uncategorized Jul 16, 2020

Do you struggle with handling the finances in your firm? Do you want a guide for budgeting to help make the most of your revenue? In this episode, you will get insight into how the Profit First system is implemented in a contingency law firm. Brandon Osterbind, co-founder of Osterbind Law, started using Profit First in the third quarter of 2019. Since then he has seen tremendous growth in his firm and shares with us how Profit First has helped him change his mindset and strategies to amplify his profit.

 

Resources mentioned:

Brandon’s website - https://www.osterbindlaw.com/

 

Insight to Injury Podcast - https://www.osterbindlaw.com/podcast/

 

Episode 16 - Take Your Profit First - http://profitwithlaw.com/016

 

Episode 18 - Profit First Step-by-Step -  https://www.profitwithlaw.com/018

 

Profit First by Mike Michalowicz - https://www.profitwithlaw.com/profitfirstbook

 

Dave Ramsey - https://www.daveramsey.com/

 

Lawclerk - ...

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Tax Day and Revisiting 2020 Legal Industry Predictions

Uncategorized Jul 15, 2020

It’s Tax Day (finally!) in the United States. Moshe shares some reminders about deadlines and changes specifically for this special year.

 

It’s been 6 months (actually 7) since we released Episode 55 - Legal Industry Predictions for 2020 - and Moshe does a check-in, reviewing each prediction to see how we fared. He also adds some new ones for the second half of 2020. If you would like to know where the industry is headed and get in on the momentum, then you want to listen to this episode all the way to the end!

 

Resources mentioned:

Law Firm Growth Free Coaching Call

https://www.profitwithlaw.com/freecoaching

 

Episode 55 - Legal Industry Predictions for 2020

https://www.profitwithlaw.com/055

 

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 [email protected].

 

Connect with Moshe on:

Facebook - ...

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Delegating to Freelance Lawyers with Kristin Tyler

Uncategorized Jul 09, 2020

Do you feel like you have to do all the work for your client? Are you overwhelmed by the lengthy tasks that don’t really need to be done by you? In this episode Moshe Amsel interviews Kristin Tyler, co-founder of LAWCLERK, and they discuss the solution to this very problem. Kristin enlightens us about the benefits of hiring freelance lawyers and how to utilize them. She shows us how to delegate certain tasks that don’t need to be done specifically by you. This episode can be life changing in freeing up your time!

 

Resources mentioned:

LAWCLERK - Use code: profitwithlaw20 to get $100 off your first project of $300 or more - lawclerk.legal

 

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 [email protected].

 

Connect with Moshe on:

Facebook - https://www.facebook.com/moshe.amsel

LinkedIn - ...

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Best Of: Profit First Step-By-Step

Uncategorized Jul 07, 2020

In episode 16 we learned the basics of the Profit First system and now we will do a Profit First deep dive. With these steps you’ll learn how to manage your money to create a healthy business.

 

One Time Setup

 When you first start there are three steps to setting up the Profit First system and you only have to do it once:

 

Step #1

Set up five bank accounts.

You and/or your accountant will most likely have some resistance to this. You may be worried about:

  • Cost
  • Paperwork
  • Excess Bookkeeping

Don’t worry about the cost because there are different ways you can get the fees waived.

  • Some banks don’t have fees
  • Some will waive the fees if you have a certain amount in the account
  • Some will waive the fees if you use multiple services from them

Change. You will have resistance because this is a big change, but don’t skip this step because it’s the whole point of this system.

The five accounts are split into:

  1. Income - all deposits...
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