Replay - Profit from Business: The Value of Understanding Your Numbers
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...
Building the 7 Figure Attorney Mindset and Reality with Craig Goldenfarb
Craig Goldenfarb discusses the importance of growing and scaling your business and having a positive work culture. 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 how to grow a business from scratch — and the first step is shifting from having a lawyer mindset to how to be a business owner.
In this episode, learn how Craig Goldenfarb lays out the basic groundwork to make an enduring and successful law business.
If you want to learn how you can successfully make your profession into a successful business, this episode with Craig Goldenfarb is for you!
Here are three reasons why you should listen to this episode:
- Discover how shifting your mindset can help maximize your personal figures and professional growth. - Craig Goldenfarb
- Learn how...
Replay - Grow Your Law Firm Using Task Management for Teams
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...
How Conscious Parenting Can Help You Be A Better Leader With Rachel Duffy
As entrepreneurs and business owners, you may be listening to this podcast with Rachel, mainly for industry insights. However, how you show up in your family life can also significantly impact your leadership. Every aspect of your life is intertwined. And even if you are not a parent, understanding conscious parenting and relationship dynamics can help you better understand how relationships are built or eroded.
In this episode, conscious parenting coach Rachel Campos Duffy joins us to discuss the benefits of conscious parenting and how we can create a more harmonious family life. Rachel Duffy children shares the intersections of parenting and entrepreneurship and how we can become better leaders by first becoming better parents. She also reminds us to stop looking for a work-life balance and instead create better boundaries.
If you want to know more about how conscious parenting and running a business are similar and how you can become a good parent and...
Love Your Family In Death Just As Much As You Do In Life
A recent tragedy prompted this episode where Moshe Amsel shares the idea of preparing for your death so that your loved ones are prepared. The last thing you want to do is tarnish your reputation and your life's accomplishments by leaving unfinished business both at home and at the office.
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 [email protected].
Connect with Moshe on:
Facebook - https://www.facebook.com/moshe.amsel
LinkedIn - https://www.linkedin.com/in/mosheamsel/
How to Overcome Barriers With Effective Legal Marketing Strategies with Kenneth Hardison
There is no hard and fast rule in building a successful law firm. Understandably, it's inevitable for a firm to make rookie mistakes in the early stages of operation. Nonetheless, business owners should develop effective legal marketing strategies that cater to their firm after a series of trials and errors. Without dependable and enduring tools, a business may suffer a huge loss.
In this episode, Kenneth Hardison joins us to talk about his experience in establishing PILMMA and teaches us how lawyers can create a profitable practice for themselves through legal marketing. He also discusses the common mistakes entrepreneurs make that can hinder business growth.
If you want to know about building a successful law firm through effective legal marketing strategies, then this episode is for you!
Here are three reasons why you should listen to this episode
- Uncover the secret in creating a profitable practice.
- Understand why capital is necessary to grow your business.
- Learn the top three...
KPI Series - Average Client Value
As a law firm owner, it is extremely important to know which numbers to measure. In the first episode of our KPI series, Moshe Amsel discusses the Average Client Value and how important it is. He also discusses strategies to increase your average client value and what average client value is good for your firm.
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 [email protected].
Connect with Moshe on:
Facebook - https://www.facebook.com/moshe.amsel
LinkedIn - https://www.linkedin.com/in/mosheamsel/
Fundamentals of Starting a Successful Law Firm - Mark Rockwell
Have you ever felt like wanting to run your own law firm, but law school was not able to teach or prepare you for this kind of business?
There are many reasons lawyers wanted to know how to start a law firm business. Some want to run their own course and be their own bosses. Others want to have a more flexible schedule. And others realized that even if they work hard, they still do not make enough profit.
Whatever the reason is, starting a law firm may be exciting. However, like every other business, it can also be very overwhelming. You must have adequate knowledge and skills before starting one.
In this episode, Mark Rockwell shares his unique approach as a lawyer and entrepreneur to building a successful business—from what and who you need, to the attitude you must have.
If you want to learn more about the approach of starting and building a successful law firm business, then this episode is for you.
Here are the reasons why you should listen to the full episode:
- ...
Releasing The Grip of Your Past
Your life journey is influenced heavily by childhood experiences and it is important to understand how that affects your ability to become the best version of yourself. In this episode Moshe Amsel shares how his father's serial busine ss ownership journey has impacted his ability to start and grow a business and in a sense become a guide and mentor to hundreds of law firm owners as a result.
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 [email protected].
Connect with Moshe on:
Facebook - https://www.facebook.com/moshe.amsel
LinkedIn - https://www.linkedin.com/in/mosheamsel/
Taking Your Law Firm Valuation to the Next Level with Gordon Van Wechel
Knowing your business inside and out contributes to its performance. But what if you're unaware of the factors that drive business value and affect business valuation? You'll only ever be scratching the surface of what your law firm can really do.
In this episode, Gordon Van Wechel joins us to discuss how you can prepare your law firm for ultimate value. With his extensive knowledge and experience, he shares the factors that will help increase your business' valuation and enhance your presence. These, in turn, will allow your firm to gain more clients, become more appealing to business acquirers, and increase your value.
Do you want to find out how to unlock the fullest value potential of your firm? If you're looking to increase your business valuation, then this episode is for you.
Here are three reasons why you should listen to this episode:
- What are the factors that drive your business’ value?
- How can marketing and focusing on value drivers positively impact ...
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Author
Moshe Amsel
Author
Moshe Amsel the host of the Profit with Law podcast is not an attorney. As the owner of a successful accounting firm DreamBuilder Financial and Law Firm Growth coaching organization Profit with Law, Moshe has proven that there are better and different ways for a law firm to do business and be successful.
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