54 episodes

I’m here to totally disrupt the legal industry and how lawyers exit their law firms. I want to crush the old notion that you can’t sell your law firm or that it is not worth anything. You absolutely can and … There is a Better, Much more profitable way.

Smart Lawyers Position to Transition Victoria Collier

    • Business
    • 5.0 • 3 Ratings

I’m here to totally disrupt the legal industry and how lawyers exit their law firms. I want to crush the old notion that you can’t sell your law firm or that it is not worth anything. You absolutely can and … There is a Better, Much more profitable way.

    Opening the Door to New Businesses

    Opening the Door to New Businesses

    Are you a lawyer dreaming of a different career? Or maybe you're just curious about what happens when lawyers start their own businesses? Either way, you're in for a treat. In our new series, "Life after law," we'll be chatting with brave lawyers who have taken the leap and started something new. 
    In our first episode, "Opening The Door To New Businesses," we talk to Joann Burnett and Kelly Robinson about their journey from law firm to multiple business ventures including marketing, photography and even rock climbing! Tune in to "Smart Lawyers Position to Transition" and join us as we explore the exciting world of life after law and learn some valuable tips and insights on how to effectively transition into a new life.
    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/in/victorywalkcoaching/
     
     
     

    • 49 min
    Brand + Marketing = Value

    Brand + Marketing = Value

    Are you struggling to attract clients to your business? It might be because you're not investing in both building a brand and marketing. In our latest podcast episode, we explore the critical difference between building a brand and marketing and how they work together to increase cash flow and business success.
    Shockingly, only 40% of law firms have a marketing budget, which can lead to decreased clients and cash flow. We share practical tips to help you grow your brand and marketing efforts and get more clients in the door. Don't miss out on the real value that branding and marketing can bring to your business. Tune in now!
    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/in/victorywalkcoaching/
     
     
     

    • 26 min
    Law Firms Using AI to Increase Value

    Law Firms Using AI to Increase Value

    Our latest podcast episode is all about artificial intelligence (AI) and its potential benefits for your law firm. We understand that some people may feel apprehensive about AI, but we believe it can be an incredibly valuable tool! During the episode, we explore how AI can help you create more content, generate more revenue, and reduce stress. Sounds great, right? But that’s not all!
    We also discuss our personal experience using ChatGPT and share examples of how other law firms are using AI to their advantage. By listening to this episode, you'll gain valuable insights into the ways AI can benefit your law firm and how to leverage it correctly to increase value in your firm.
    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/in/victorywalkcoaching/
     
     
     

    • 23 min
    Increasing the Value of Your Law Firm with Cortney Steinbacher

    Increasing the Value of Your Law Firm with Cortney Steinbacher

    In this episode, we explore the secrets of increasing profitability in your law firm without resorting to the usual methods. Our guest, Cortney Steinbacher, a business and accounting expert, shares with us three powerful techniques that will revolutionize the way you approach your law firm's finances.
    First, Cortney suggests a simple yet often overlooked solution - stop writing checks!
    Next, she'll dive into how to determine the utilization rate for your employees and how to use their abilities to the fullest. This will help you identify areas of improvement and make better use of your resources. And even how to identify when it is time to hire someone new!
    Finally, Cortney will show you how to use that utilization rate to get the ultimate billing rate. You'll learn how to maximize profits while keeping your clients happy.
    To join our seminar on increasing profitability make sure to join our private FB group, “The Art of Buying and Selling Law Firms,” where we will be posting updates on the seminar as well as the registration link.
    To get in contact with Cortney, send an email to accounting@themilliondollarlawyer.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/in/victorywalkcoaching/
     
     
     

    • 32 min
    The Great Divide between the Solo / Small firm and Mid-to Large Law Firms regarding Valuations and Sales

    The Great Divide between the Solo / Small firm and Mid-to Large Law Firms regarding Valuations and Sales

    Dive into the great divide between solo small law firms and mid-to-large law firms regarding valuations and sales. Did you know that almost two-thirds of completed law firm mergers and acquisitions involve small law firms? Large law firms are looking to absorb smaller ones in order to gain a competitive advantage in performance and profitability. But size isn't the only thing that matters – how we define size is just as important.
     
    Listen to learn: 
    �� Why perception is reality and how larger firms are buying up smaller ones. 
    ��Why does the rule of thumb only apply to a small segment of law firm owners and why it's causing so much frustration among paid-for lawyers.
    ��The story of a solo practitioner who may only have the option of being absorbed without true compensation.
    Connect with Victoria Collier
    https://quidproquolaw.com/
    Private Facebook Group
    https://www.facebook.com/groups/1284225722042602
    LinkedIn
    https://www.linkedin.com/in/victorywalkcoaching/
     
     

    • 20 min
    Building a Legacy: Buying or Selling a Law Firm with Purpose

    Building a Legacy: Buying or Selling a Law Firm with Purpose

    In this episode, our host, Victoria Collier discusses the role purpose plays in successful transitions, and how it ensures a smooth transition after an emergency or acquisition. Victoria talks about her journey to discovering her purpose, and how it ties into her mission of helping lawyers build better businesses. The episode also explores the potential risks of buying or selling a law firm without a clear sense of purpose or aligned values.  
     
    Listen to learn: 
    ��The importance of purpose in successful transitions.
    ��The significance of values, and the importance of articulating one's values and ensuring that they align with the buyers.
    ��How having a clear sense of purpose can help lawyers build a legacy that extends beyond providing legal services. 
    Connect with Victoria Collier
    https://quidproquolaw.com/
    Private Facebook Group
    https://www.facebook.com/groups/1284225722042602
    LinkedIn
    https://www.linkedin.com/in/victorywalkcoaching/
     
     

    • 26 min

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