35 episodes

Tune into The Your Practice Mastered Podcast where we talk about specific problems for law firm owners as they grow their firms. A show that will allow you to learn how to build a law firm that supports a lifestyle that gives you personal and financial freedom. New Episode every Thursday 8PM EST.

Your Practice Mastered Your Practice Mastered

    • Business

Tune into The Your Practice Mastered Podcast where we talk about specific problems for law firm owners as they grow their firms. A show that will allow you to learn how to build a law firm that supports a lifestyle that gives you personal and financial freedom. New Episode every Thursday 8PM EST.

    End of Year Financial Basics: How to End 2022 So That 2023 Starts Off Right

    End of Year Financial Basics: How to End 2022 So That 2023 Starts Off Right

    In the latest installment of Entrepreneurial Attorney Nation, Richard James is joined by Annette Sonnenburg, President of Sonnenburg Consulting Inc. She has provided CFO consulting services, business consulting, and outsourced accounting and bookkeeping services for more than 20 years.
    Richard James and Annette outline exactly how you can end 2022, so that 2023 starts off right. This is THE guide to your law firm's end of year financial planning. By the end of this episode you will discover:
    The #1 key to setting yourself up for successThe deadly sin you need to avoidA framework for financial success for your small law firm

    Time Codes:
    00:00 - Introduction from Richard James
    02:38 - Annette Sonnenburg Introduction
    03:21 - Bonus Depreciation
    05:33 - Simple IRAs/401Ks
    07:28 - Debt in a Small Business
    08:27 - Lifestyle
    15:51 - End of Year Planning/Review
    15:53 - Credit Card/Bank Statements
    24:38 - As Compared To:
    30:34 - Phone Room
    31:34 - Sales
    33:31 - People
    36:50 - Goals
    38:22 - Financial Budget
    50:57 - Owner's Benefit
    56:30 - Episode Conclusion

    • 56 min
    I Wrote My Book, Now What?

    I Wrote My Book, Now What?

    In the latest installment of Entrepreneurial Attorney Nation, Richard James is joined by Brad Smith, Partners Club sponsor and Senior Director of Sales at D&L Press/Author2Market, a top-performing book manufacturing company.
    You've written you're book.... now what?
    Richard and Brad discuss best practices for using your book to 10x your lead flow and increase conversions of unconverted leads.
    In this episode, you will discover:
    How to shock and awe potential new clients through the use of a bookThe secret to acquiring meetings with new referral partners with easeThe power of using a book to create a referral development programThe #1 way to add fuel to any group presentation
    Time Codes:
    00:00 - Introduction from Richard James
    03:08 - Brad Smith Introduction
    07:27 - Why Write a Book?
    10:38 - Create a Cover
    12:56 - Insist On a Call to Action
    16:42 - Test Your Tracking
    20:08 - Print a Proof
    21:04 - Order a Small Batch
    22:22 - Start Marketing
    25:06 - Don't Assume Writing and Printing Your Book is Enough!
    26:56 - Press Release
    29:52 - Send to Your List
    36:38 - Create 3D Image
    37:37 - Book Signing
    40:20 - Existing Advertising
    42:52 - Create Micro Content
    44:44 - Promote on Amazon
    45:26 - Use to Launch R.F.D.
    47:10 - How to Connect with Brad Smith
    50:39 - Episode Concludes

    • 50 min
    The Truth About Google Ranking Factors and Algorithms

    The Truth About Google Ranking Factors and Algorithms

    In the latest installment of Entrepreneurial Attorney Nation, Richard James is joined by Darin Swayne, Partners Club sponsor and attorney marketing agency owner.
    He will reveal the truth about Google ranking factors and algorithms.
    During the call, you will discover:
    What Are The Google Ranking Factors?Which Ranking Factors Do You Really Need To Worry About?How Do Google Ranking Factors And Algorithms Work?What Is The Best Way To Improve My Organic Rankings?
    Time Codes:
    0.00 - Introduction from Richard James
    01:58 - Darin Swayne's introduction
    04:22 - Why Google Rankings and Algorithms are important to you?
    08:29 - What are Google Algorithms?
    09:50 - Facts About Google Algorithms
    10:21 - Simplified Search Process
    10:45 - Google Algorithm Update Basics
    14:35 - What to Do After an Algorithm Update
    16:42 - Algorithm Changes Matter to Law Firms
    22:19 - Spam Link Algorithm Update
    29:09 - Product Review Algorithm Update
    43:12 - Local Proximity Algorithm Update
    51:26 - Helpful Content Algorithm Update
    56:22 - The One Ranking Factor
    59:06 - Darin Swayne's Contact Information
    1:01:26 - Episode Concludes

    • 1 hr 1 min
    The #1 Secret to Retaining More Clients

    The #1 Secret to Retaining More Clients

    In the latest installment of Entrepreneurial Attorney Nation, Richard James is joined by long-time Partners Club member and Freedom Group member Bert Diener, as he reveals the number one thing he did in his business to make a pivot to grow without having to invest more money in marketing advertising. Moreover, as CEO and Co-Founder of 4iiz, Bert also provides real inside information that helps law firms tune into the right direction.
    Time Codes:
    0:00 - Introduction from Richard James
    02:52 - Bert Diener introduces himself
    07:04 - Opportunities to Inspect
    08:31 - Highest Priorities to Inspect
    11:08 - Coaching, Inspection, and Compliance
    13:08 - What Bert's Firm Did
    13:40 - Myth: "I've Trained My Staff; They've Got It Covered
    14:20 - Consequences of Not Inspecting
    25:37 - What to Inspect at Intake
    32:27 - The Basic Levels
    35:49 - How to Inspect
    40:43 - 11 Steps and the PCLC/Mystery Shopping
    46:50 - Bert/4iiz Contact Information
    49:08 - Episode Recap
    53:10 - End of Episode
    Connect with Richard James:
    The Success Network
    Facebook
    YouTube
    Website

    • 53 min
    Stop Giving Money Away! Improve Your Law Firm's Financial Health with Modern Tech and Business Practices

    Stop Giving Money Away! Improve Your Law Firm's Financial Health with Modern Tech and Business Practices

    In the latest installment of Entrepreneurial Attorney Nation, Richard James is joined by Dan Lear, lawyer and legal technology industry innovator. He is a co-founder and head of marketing and partnerships at Gravity Legal. Together, they reveal how your firm can capture a bunch more money by simply implementing some modern, yet basic, technology and business practices.
    Time Codes:
    0:00 - Introduction from Richard James
    03:10 - Dan Lear introduces himself
    06:12 - Know your lifetime client value
    07:20 - The importance of profitability of the very first transaction
    08:16 - Legal Payments Evolution
    10:26 - 3 Modern Tech/Business Practices to Improve Your Firm's Financial Health
    11:35 - Keeping Payment Methods on File
    14:14 - The two states with specific rules on payments
    21:49 - Get the 50 state guide on storing payment methods
    24:01 - Shifting Processing Fees
    24:33 - Applicable Rules
    24:36 - 3 Things You Can Always Do
    26:04 - Applicable Rule #1: Payments Class Action
    27:06 - Applicable Rule #2: State Laws
    27:19 - Applicable Rule #3: RPCs
    28:28 - Applicable Rule #4: Card Brand Rules
    29:17 - Final Thoughts on Shifting Fees
    35:24 - Is there an option to switch from credit card to ACH?
    37:45 - Optimizing Collections
    37:59 - 3 Key Collections Strategies
    38:38 - Implement a "Collect Early" Billing Model (Subscription Legal Services)
    39:36 - Gravity Legal Subscription Legal Services Resources
    41:47 - Integration of Gravity Legal and other products
    49:45 - The importance of knowing your current and future cash flow
    52:28 - Offer Payment Flexibility (Client Financing)
    55:37 - Access information to Guides and Resources
    57:45 - Contact information for Dan Lear and Gravity Legal
    58:48 - Episode conclusion
    1:00:41 - Episode ends
    Connect with Richard James:
    The Success Network
    Facebook
    YouTube
    Website

    • 1 hr
    Recruiting Top Talent in Today's Market

    Recruiting Top Talent in Today's Market

    In the latest episode of Entrepreneurial Attorney Nation, Richard James discusses Recruiting Top Talent in Today's Market and uncover how you can hire better staff and keep your current staff from leaving.
    Time Codes:
    01:10 - Introduction from Richard James
    02:54 - Warren Buffet and Benjamin Graham story
    05:10 - Richard's mentor story
    06:44 - Remind your team, client, vendors, etc what you do for them
    08:25 - Issues with leadership
    9:44 - Discrepancy in compensation or lack of mentorship
    10:40 - Toxic work environment
    11:52 - Richard's "Old Way" of managing staff
    17:06 - Staff retention issues
    19:10 - Employee pay
    20:37 - Experienced vs inexperienced employees
    25:02 - Training staff
    27:27 - Subordinates
    29:37 - Employee scoring guide
    30:39 - Employee "hunting" and "fishing"
    43:48 - Attract the right employees and repel the wrong ones
    47:47 - Richard's "New Way" of managing employees
    49:59 - How to get your staff to stay
    51:45 - How do you show your team your appreciation
    53:57 - Outsourcing administrative work
    55:15 - Centralized customer service
    56:54 - Use systems to recruit and retain employees
    58:05 - Episode ends
    Connect with Richard James:
    The Success Network
    Facebook
    YouTube
    Website

    • 1 hr 2 min

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