Profit with Law: Profitable Law Firm Growth
Moshe Amsel
Small Law Firms often start from the practice of law and not as a business venture. This ends up causing the growth of the firm to be much longer and more painful than it needs to be. If you started a Law Firm with the intention of increasing your impact, freeing up your time and having all the money you will ever need then the strategies we discuss will be priceless for you. Profit with Law is a show focused on the business of running a law firm as a profitable venture. Packaging and pricing your services, getting clients consistently, growing your staff in a way that feels good to you and implementing systems and technology to set yourself up for success are all discussions you will find here on the show. Moshe Amsel the host of the Profit with Law podcast is not an attorney. He has spent 20 years as an executive in the IT industry before becoming an accountant and business advisor for small businesses. 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. Our mission is to empower all people with wealth creation so that this and future generations can lead a better life. We’d love nothing more than to do this by helping law firm owners on their journey. A law firm is not for practice it’s for profit!
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Top 10 Profit with Law: Profitable Law Firm Growth Episodes
Goodpods has curated a list of the 10 best Profit with Law: Profitable Law Firm Growth episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Profit with Law: Profitable Law Firm Growth for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Profit with Law: Profitable Law Firm Growth episode by adding your comments to the episode page.
Boosting Law Firm Profitability through Effective AR Management in Law Firms with Matt Darner - 453
Profit with Law: Profitable Law Firm Growth
10/17/24 • 77 min
Shownotes can be found at https://www.profitwithlaw.com/453.
Are you struggling to maintain cash flow and handle collections in your law firm?
Join Moshe Amsel and Matt Darner, co-founder and VP of business development at Collbox, as they dive into strategies for improving accounts receivable (AR) management and maintaining healthy cash flow. Matt shares insights from his extensive experience in automating financial processes, emphasizing the importance of friendly, consistent follow-ups and clear expectations. Moshe and Matt discuss setting higher retainers, utilizing flat fees, and employing specialized collection services to reduce workload and enhance client satisfaction. They stress the importance of defining a structured payment cadence, using technology, and the effectiveness of weekly billing to minimize disputes and maintain transparency.
Listen now to uncover strategies to streamline your law firm’s collection processes and ensure financial stability for sustainable growth!
Chapters:
[00:00] Introduction to Matt Darner
[08:44] The Relationship Trap: How Emotions Impact Your Collection Processes
[15:24] Why Do Clients Delay Payments When They Don't Skip Their Cable Bills?
[21:44] How the Recency Bias Affects Your Clients’ Willingness to Pay
[35:21] The Best Practices to Speed Up Collections
[01:06:38] Matt’s Parting Piece of Advice
Resources mentioned:
Take the Law Firm Growth Assessment and find out how you rate as a law firm owner!
Check out our Profit with Law YouTube channel!
Learn more about the Profit with Law Elite Coaching Program here
Connect with Matt Darner: LinkedIn | Facebook | Website
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/
Optimizing Your Business Finances for Personal and Business Financial Success with Justin Buonomo - 452
Profit with Law: Profitable Law Firm Growth
10/10/24 • 46 min
Shownotes can be found at https://www.profitwithlaw.com/452.
Are you increasing your revenue but still facing the same financial troubles?
In this podcast episode, Moshe Amsel sits down with Justin Buonomo, CEO of Journey to Financial Freedom, to explore why increasing your income alone won't solve money problems. Justin discusses the importance of addressing underlying financial behaviors and implementing effective systems before focusing on earning more. Get practical tips on managing business finances, budgeting effectively, and making long-term financial changes!
Ready to transform your financial habits and achieve true financial stability? Tune in now to learn how!
Chapters:
[00:00] Introduction to Justin Buonomo
[13:43] 4 Steps for Managing Your Personal Finances
[19:36] The Secret Sauce for Securing Your Take-Home Pay
[24:03] How the Right Budget Can Empower You to Live Your Life
[31:10] Why Paying Attention and Measuring Results Change The Game
[37:30] How to Find Hidden Money
[41:55] Justin's Parting Piece of Advice
Resources mentioned:
Take the Law Firm Growth Assessment and find out how you rate as a law firm owner!
Check out our Profit with Law YouTube channel!
Learn more about the Profit with Law Elite Coaching Program here
Profit First by Mike Michalowicz
Connect with Justin Buonomo: Website | Instagram | Email | YouTube | LinkedIn | Facebook
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/
Marketing Strategies To Put You Ahead - Law Firm Growth During COVID-19 - 076
Profit with Law: Profitable Law Firm Growth
03/27/20 • 90 min
Shownotes can be found at https://www.profitwithlaw.com/076.
What do you get when you put a bunch of heart-centered marketers in a room together during a national social distancing pandemic response?
You get a swiss army knife of marketing tactics to implement today and in the future. You must listen to this episode!
Our amazing expert panelists: Andy Stickel, Maddy Martin, Jordan Ostroff, Gyi Tsakalakis, Mark Homer, Bill Hauser, Alexis Katz and Molly McGrath
Resources mentioned:
Smith.ai - FREE 20-CALL TRIAL, FREE Spam blocking, FREE CRM integration (Clio, Lawmatics, InfusionSoft, Zapier & more), Plus, as a special offer during this difficult time, we are adding $290 in additional benefits: 20 more calls w/FREE first month of Starter plan ($140 value), FREE 24/7 AI Chatbot w/ free setup & installation ($150 value). Use code SMITHCOVID19
Sign up now for a FREE TRIAL & get your phones answered within 2 business days! https://smith.ai/receptionists/pricing?utm_campaign=covid19&utm_source=profitwithlaw
New Law Business Model has been training lawyers on a new way to serve families and business owners, both online and offline, since 2006. To get all of their resources on how to get paid $3k-$5k per estate plan, and $750-$3000 per month per business owner client, join their FB group at lifestyle lawyer's club and when you sign up, mention you came from the Law Firm Growth Summit and they'll send you a video and guide they have created on how to serve virtually.
Get your FREE book from GNGF - Online Law Practice Strategies - https://www2.gngf.com/free-book/
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
How to Get the Leads that Your Competition Doesn't Know Exists with Jan Roos - 438
Profit with Law: Profitable Law Firm Growth
07/04/24 • 41 min
Shownotes can be found at https://www.profitwithlaw.com/438.
In today's episode, we're thrilled to have Jan Roos, an award-winning entrepreneur, author, and speaker, who brings a wealth of knowledge on effective marketing strategies for law firms. Moshe Amsel and Jan dive into the intricate challenges of identifying the right hooks to reach clients before they even know that they need an attorney. They explore successful campaign strategies, the power of educational content, and the nuances of marketing to underserved legal sectors, such as Medicaid and dementia care.
Jan and Moshe emphasize the need for attorneys to invest in marketing correctly and highlight the pitfalls of running PPC ads without substantial budgets or expertise. This episode will arm you with tactics to engage potential clients proactively, even before they start searching for legal services.
Tune in to uncover the secrets to bridging the knowledge gap for your clients, leveraging educational events, and using pre-recorded materials to drive consultations. Don't miss Jan's invaluable insights, including advanced strategies for qualifying potential clients through consultation calls and the role of outbound calling. Plus, discover how attorneys can stand out in a competitive market by effectively utilizing specific marketing approaches across various legal practice areas.
Whether you're looking to enhance your law firm's cash flow or seeking innovative marketing techniques, this episode is a must-listen!
Chapters:
[00:00] Introduction to Jan Roos
[5:44] Who This Episode is For
[11:51] How to Find the Knowledge Gaps
[15:04] Using Educational Events to Generate Leads
[20:04] How to Increase Your Conversion Rate
[23:00] Determining the Right Marketing Hook
[33:14] Priming Leads for a Consultation Call
Resources mentioned:
Take the Law Firm Growth Assessment and find out how you rate as a law firm owner!
Check out our Profit with Law YouTube channel!
Learn more about the Profit with Law Elite Coaching Program here
Connect with Jan Roos: LinkedIn
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/
The Key to Scaling Your Law Firm: Implementing an Operating System with Sharon Means - 449
Profit with Law: Profitable Law Firm Growth
09/19/24 • 53 min
Shownotes can be found at https://www.profitwithlaw.com/449.
Are you ready to take your law firm to the next level with data-driven strategies and systems?
Join Moshe Amsel and Sharon Means, a seasoned fractional integrator, as they explore the importance of core values, the implementation of business scorecards, and the Entrepreneurial Operating System (EOS) for law firm success. Sharon shares her journey, insights on customizing and growing your team, and the crucial role of tracking meaningful metrics. Together, they discuss the significance of hiring the right people aligned with your firm's core values and the practical steps to achieve scalability and operational efficiency.
Listen now to discover how these transformative strategies can propel your law firm to new heights!
Chapters:
[00:00] Introduction to Sharon Means
[12:01] Which Operating System is Right for You?
[14:33] Exiting the Solo Stage: The Hiring Process
[24:19.] The ABC’s of Measuring Results
[35:14] Creating Your Law Firm’s Scorecard
[37:14] Setting Your Growth Team’s Metrics
[44:52] Setting the Client Delivery Metrics
[48:58] The Importance of a Meeting Schedule
[51:29] Sharon’s Parting Piece of Advice
Resources mentioned:
Take the Law Firm Growth Assessment and find out how you rate as a law firm owner!
Check out our Profit with Law YouTube channel!
Learn more about the Profit with Law Elite Coaching Program here
Podcast Ep 034 - What's Your Hiring Process
Podcast Ep 144 - From Law School to a 150 Person Firm with Mike Morse
Traction: Get a Grip on Your Business by Gino Wickman
Clockwork, Revised and Expanded: Design Your Business to Run Itself by Mike Michalowicz
Get Scalable: The Operating System Your Business Needs To Run and Scale Without You by Ryan Deiss
Core Values Exercise: https://www.taproot.com/live-your-core-values-exercise-to-increase-your-success/
Kolbe: http://kolbe.com/
The Double Win podcast with Michael Hyatt and Megan Hyatt-Miller: https://podcasts.apple.com/us/podcast/the-double-win/id1294885433
Connect with Sharon Means: Email | LinkedIn
Sharon’s Email: [email protected]
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]
Replay - Systemizing Your Firm and Niching Down Your Practice with Jay Ruane - 320
Profit with Law: Profitable Law Firm Growth
07/05/22 • 59 min
Shownotes can be found at https://www.profitwithlaw.com/320.
We all know how busy law firms can get. You alone, as a lawyer and owner, can’t accomplish every single thing needed for trials and consultations. The whole firm needs to work together to make things happen. That said, it’s critical to have an efficient system in place to ensure that everyone gets all their tasks done seamlessly. A systematic law firm allows your employees to grow and helps you focus on being a better lawyer.
In this episode, premier DUI defense lawyer Jay Ruane joins Moshe Amsel to discuss the importance of systemizing your firm. He also delves into narrowing down your law niche and the key to honing your expertise. Jay shares actionable strategies you can immediately implement to start systemizing your practice. Finally, he introduces strategies and a tool he uses to attain efficiency with his time.
If you want to know more about how you can develop an efficient system for your firm, then this episode is for you!
Resources mentioned:
Schedule your Free 1:1 Law Firm Expansion Coaching Session with Profit with Law. Limited spots available!
Check out Profit with Law Episode 166: Hope is Not a Good Strategy for Growing Your Law Firm With Michael Duffy
Connect with Jay: Website | LinkedIn | Facebook
Tiger Tactics: Powerful Strategies for Winning Law Firms by Jay Ruane, Ryan McKeen, Billie Tarascio, William Umansky, and Theresa DeGray
Check out more of Jay’s books on Amazon!
Internet Archive: ctdwi.com
Understanding the Value of PPC Marketing for Your Firm with Adam Arkfeld - 238
Profit with Law: Profitable Law Firm Growth
08/19/21 • 65 min
Shownotes can be found at https://www.profitwithlaw.com/238.
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
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
Profit from Business: The Value of Understanding Your Numbers with Brooke Lively - 232
Profit with Law: Profitable Law Firm Growth
07/29/21 • 67 min
Shownotes can be found at https://www.profitwithlaw.com/232.
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:
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
Get yourself a Free Coaching Session and learn more about the 90 Day Law Firm Turnaround Coaching Program.
Connect with Brooke: Email | LinkedIn
From Panic to Profit: How Six Key Numbers Can Make A 6 Figure Difference in Your Law Firm by Brooke Lively
For Profit with Law listeners: Click here to access Cathedral Cap’s free Cash Flow Forecast spreadsheet, Billing Grid, and video course on the topics covered today.
Fireproof: A Five-Step Model to Take Your Law Firm from Unpredictable to Wildly Profitable by Mike Morse and John Nachazel
Why Investing in Your Staff is the Secret to Success with Chelsie Lamie - 297
Profit with Law: Profitable Law Firm Growth
02/24/22 • 65 min
Shownotes 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 [email protected].
Connect with Moshe on:
Facebook - https://www.facebook.com/moshe.amsel
LinkedIn - https://www.linkedin.c
From Startup to $80 Million: Strategies for Transforming Law Firm Growth with Luke Peters - 469
Profit with Law: Profitable Law Firm Growth
02/20/25 • 35 min
Shownotes can be found at https://www.profitwithlaw.com/469.
How can lessons from building an $80 million appliance brand transform the growth of your law firm?
Join Moshe Amsel and Luke Peters, founder of Apex CEO, as they uncover invaluable insights and strategies for law firm owners. Luke shares his journey from a garage startup to a successful exit, highlighting key areas such as scaling operations, hiring the right talent, and thinking like an investor to achieve significant growth. Discover how his experience and methods can be translated into actionable steps for expanding your law firm with expert guidance and a visionary approach.
Listen now to unlock powerful tactics and ideas that can propel your law firm to new heights!
Chapters:
[00:00] Introduction to Luke Peters
[06:41] Thinking Like an Investor: Planning for Future Growth
[13:43] Hiring Leaders: Identifying and Attracting Top Talent
[22:28] Utilizing Recruiters and Developing an Interview Strategy
[26:59] Overcoming the Chicken and Egg Dilemma in Scaling
[31:24] Parting Piece of Advice from Luke Peters
Resources mentioned:
Take the Law Firm Growth Assessment and find out how you rate as a law firm owner!
Check out our Profit with Law YouTube channel!
Learn more about the Profit with Law Elite Coaching Program here
Book your FREE strategy session today!: profitwithlaw.com/strategysession
Connect with Luke Peters: Website | LinkedIn
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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FAQ
How many episodes does Profit with Law: Profitable Law Firm Growth have?
Profit with Law: Profitable Law Firm Growth currently has 478 episodes available.
What topics does Profit with Law: Profitable Law Firm Growth cover?
The podcast is about Lawyer, Marketing, Entrepreneurship, Law Firm, Growth, Podcasts and Business.
What is the most popular episode on Profit with Law: Profitable Law Firm Growth?
The episode title 'Staking Your Claim in the Local 3 Pack with Nalini Prasad - Law Firm Growth Summit 2019 Excerpt - 350' is the most popular.
What is the average episode length on Profit with Law: Profitable Law Firm Growth?
The average episode length on Profit with Law: Profitable Law Firm Growth is 47 minutes.
How often are episodes of Profit with Law: Profitable Law Firm Growth released?
Episodes of Profit with Law: Profitable Law Firm Growth are typically released every 5 days.
When was the first episode of Profit with Law: Profitable Law Firm Growth?
The first episode of Profit with Law: Profitable Law Firm Growth was released on Mar 26, 2019.
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