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Legal Billing That Doesn’t Suck: Gwen Griggs’ Innovative Pricing Model (Ep. 75)

Legal Billing That Doesn’t Suck: Gwen Griggs’ Innovative Pricing Model (Ep. 75)

Are you a law firm owner seeking to maximize your profitability and transform your business model? This episode of The Lawyer Millionaire Podcast is your gateway to innovative strategies and actionable insights that can drive your firm to new heights.

In our latest episode, host Darren Wurz engages in a compelling conversation with Gwen Griggs, the trailblazing founder of Advos Pro and Advos Legal.

Gwen discusses her revolutionary approach to law firm management and profitability, emphasizing the limitations of the traditional billable hour model and introducing her forward-thinking, deliverables-based pricing strategy.

Gwen discusses:

  • How to accurately predict project scope and handle changes effectively.
  • The drawbacks of the billable hour model and the benefits of transitioning to a deliverables-based approach.
  • The importance of investing upfront to ensure long-term profitability.
  • Essential tips on transitioning and automating repeatable tasks to enhance efficiency and client satisfaction.
  • The benefits of agile methodology and how they can be applied to legal services.


Resources:

 

Connect with Gwen Griggs:

 

About our guest:

Gwen Griggs, co-founder of ADVOS legal and ADVOS Pro, has a background in Big Law and C-suite roles. In ADVOS legal, she and her partner built a new model, that – instead of hours – measures what matters to the client, team, and owner. (Click here for more about Gwen’s legal experience.) With ADVOS Pro’s training and systems, they help other firms break up with the outdated billable hour model and begin measuring their worth in expertise and results.

Gwen’s superpowers are big-picture vision and client experience. At ADVOS Pro, she is leveraging her powers to transform the legal industry, so it delivers an incredible, fulfilling experience for lawyers and their clients

Attracting High Value Clients with Brian Glass (Ep. 74)

Attracting High Value Clients with Brian Glass (Ep. 74)

Are you tired of relying on unpredictable referrals and expensive online advertising to grow your law firm? What if we told you there’s a better way to attract high-value clients consistently?

In this episode of The Lawyer Millionaire Podcast, we sit down with Brian Glass, an injury lawyer and co-founder of Great Legal Marketing, to uncover the secrets to building a thriving law firm through targeted, referral-based marketing.

 

Brian discusses:

  • How to attract high-value clients through targeted, referral-based marketing.
  • Strategies for maintaining open communication and transparency with referring professionals.
  • The power of polarizing marketing in attracting ideal clients and repelling those who don’t fit your criteria.
  • The significance of maintaining a social media presence for credibility and providing helpful information to potential clients
  • How to connect with clients on a personal level beyond just legal matters


Resources:

 

Connect with Brian Glass:

 

About our guest:

Brian Glass is a partner and personal injury attorney at BenGlassLaw. His practice is limited to the representation of injured people against insurance companies and the people who hurt them. Insurance companies have endless sums of money to throw at the defense of these cases and he enjoys the David vs. Goliath challenge.

Brian grew up in Fairfax where he still lives with his wife and three sons. He attended Robinson Secondary School and James Madison University. After college, he attended law school at the College of William & Mary, where he was named a Benjamin Rush Scholar for excellence in Health Law & Policy.

Brian is licensed to practice in Virginia and Maryland. He is a member of the Fairfax Bar Association, the Virginia Bar Association, and the Virginia Trial Lawyers Association. He was recently named as one of the Top 40 Under 40 in Virginia by the National Trial Lawyers Association. He also holds the distinction of being designated as a Rising Star by SuperLawyers magazine each year from 2017 – 2023. This award recognizes only the top 2.5% of lawyers in the state.

In April 2022, a Fairfax County jury awarded more than $4M to Brian’s client following a head-on collision with a drunk driver, including an extra $1,000,000 in punitive damages. This was the sixth largest settlement in Virginia for 2022, and the punitive damages awarded were one of the largest for a drunk driving case in the history of Virginia. But more than these accolades, Brian is most proud of the reviews that the team receives from our clients.

Brian is a thought leader on the topic of building great businesses and helping people live epic lives. He has been interviewed by Forbes, Injury Experts, and has been a guest on podcasts such as Tribe of Millionaires, Dreamcatchers, Millionaire Mindcast, and Law Firm Movers and Shakers.

Outside of the office, you can usually find him on a field somewhere coaching his son’s soccer or baseball teams, traveling, creating memories with his family, or seeing how far he can run. His proudest running moment is finishing the Umstead 100-mile race in a time of 23 hours, 18 minutes, 25 seconds. Afterwards, he immediately fell asleep.

Inside the mind of Brian Glass:

Favorite thing about your role: I get to find simple solutions to complex problems on a daily basis.

Favorite thing about working at BGL: The ‘lightbulb moments’ that occur when the team is collaborating to solve a problem and someone comes up with an idea that we hadn’t thought of yet.

A highlight of your career at BGL: Winning a $4.24M Verdict on behalf of a woman hit by a drunk driver in a case that we tried 5 courtrooms down from the Johnny Depp trial.

Interesting fact about yourself: In high school, I had bleached blonde hair and played in a ska band.

Best vacation you’ve ever been on: Mediterranean Cruise for mine & my wife’s 10th wedding anniversary – we saw Rome, Venice, Croatia, Montenegro, and Greece.

First meal after getting rescued from an island: A burger and a cold beer.

Favorite movie or tv show? The Shawshank Redemption

What is your guilty pleasure? Reality TV

Retirement for Law Firm Owners Pt 2: Valuing Your Law Firm (Ep. 70)

Retirement for Law Firm Owners Pt 2: Valuing Your Law Firm (Ep. 70)

How much is your law firm truly worth? What if you could amplify its value by two or three times without earning an extra cent in revenue? On the latest episode of The Lawyer Millionaire Podcast, host Darren Wurz delves deep into strategic retirement planning for law firm owners.

If you’re a law firm owner on the brink of retirement—or simply eager to grow your firm’s value—this episode is a treasure trove of insights you won’t want to miss.

Darren discusses:

  • How to evaluate your law firm’s value.
  • The importance of client relationships and intangible assets.
  • The key difference between business owners and non-business owners when it comes to their financial assets.
  • Key insights on closing your wealth gap.
  • How to uncover hidden value in your law firm.
  • Strategic insights into who might buy your practice and why it matters for your financial future.


Resources:

Retirement for Law Firm Owners Pt 1: Closing the Wealth Gap (Ep. 69)

Retirement for Law Firm Owners Pt 1: Closing the Wealth Gap (Ep. 69)

Have you ever wondered if you are financially prepared for retirement or if you’re just hoping for the best? As a law firm owner, the difference between financial freedom and endless work hours hinges on a crucial concept – your wealth gap.

In this solo episode of The Lawyer Millionaire Podcast, host Darren Wurz guides you through understanding and closing your wealth gap, specifically tailored for law firm owners.

Darren discusses:

  • The wealth gap and why it is critical for your financial strategy.
  • The importance of tracking your expenses to gauge your current standard of living.
  • How to differentiate between traditional retirement and financial freedom.
  • How to calculate your wealth gap.
  • The differences between your income gap and wealth gap and how to address each of them.
  • How to transform your law practice into a major financial asset.


Resources:

How to Scale Your Law Firm From 6 to 7 Figures (Ep. 66)

How to Scale Your Law Firm From 6 to 7 Figures (Ep. 66)

The legal profession demands not just expertise but strategic acumen to navigate the journey from a six-figure practice to a seven-figure powerhouse. In Episode 66 of The Lawyer Millionaire Podcast, we have the privilege of hosting Davina Frederick, a seasoned attorney, author, and founder of “Wealthy Woman Lawyer.”

Her impressive trajectory from a career in marketing to owning and scaling successful law practices offers a wealth of insights for law firm owners poised for growth.

In this episode, Davina Frederick delves into the intricacies of scaling a law firm, offering a candid look at her path to success—from initiating a law firm during the foreclosure crisis to running a virtual practice focused on sustainable growth.

Her experience underscores the necessity of building a proficient team, implementing effective systems, and mastering financial management to achieve seven-figure results. Guided by our host Darren Wurz, the discussion translates these experiences into actionable strategies for our audience.

Davina discusses:

  • The importance of focusing on one big idea for monumental success.
  • How to transition from a doer to a leader and team cultivator.
  • How high-flying women can balance work and life as law firm owners.
  • How hiring, training, and retaining lawyers can transform your business.
  • The role of robust systems in streamlining operations and driving growth.
  • How to overcome common pitfalls like money management fears and perfectionism.


Resources:

 

Connect with Davina Frederick:

 

 

About our guest:

Davina Frederick is a Florida-licensed attorney, law firm growth strategist, and business coach for women law firm owners. Prior to starting her own law firm in 2007 and growing it successfully during the 2008 recession and its aftermath, she enjoyed a career as a professional services marketer.

In 2013, she founded D. Frederick Media and Marketing, LLC, with the goal of helping professional service business owners implement their marketing strategies.

However, she quickly discovered that most did not even have a strategy! It was then she began to work with her clients to develop strategic growth plans for their businesses and to coach them through the implementation of these plans, including how to market and sell, cultivate A+ teams, and set-up systems-driven businesses.

Since most of Davina’s clients were women law firm owners who wanted the inside-scoop on how Davina had successfully created and scaled her own law firm, she began to focus on serving just women law firm owner clients. In 2020, Davina rebranded her company to reflect this shift, creating Wealthy Woman Lawyer.®

Wealthy Woman Lawyer® assists women law firm owners in scaling their law firms into $1M+ wealth-generating businesses, without overwork or overwhelm.

Master Your Firm’s Cash Flow with Accounting Best Practices (Ep. 63)

Master Your Firm’s Cash Flow with Accounting Best Practices (Ep. 63)

Are you a law firm owner grappling with your firm’s financial planning and cash flow management? If so, this episode of The Lawyer Millionaire Podcast is tailor-made for you! In our latest episode, Darren Wurz sits down with Rachel Blackburn, an experienced CFO consultant, to discuss critical accounting practices that can transform your firm’s financial health.

Rachel discusses:

  • The significance of starting the year with strong financial processes and goal alignment
  • How consistent and accurate bookkeeping can prevent costly mistakes and ensure timely financial reporting.
  • How to streamline billing processes and reduce clerical errors with tools like Quickbooks.
  • The importance of proactive communication with CPAs for better tax planning and financial management.
  • The benefits of a fractional CFO for law firm owners.
  • Why you must do today’s work today when it comes to accounting?

 

Resources:

 

Connect with Rachel Blackburn:

About our guest:

Rachel Blackburn is a proven business leader with over 15 years of experience in developing and leading executive-level engagements, as well as building and managing high-functioning teams and practices.

Rachel possesses a deeply rooted passion for understanding the needs of business owners and identifying optimal strategies to support their goals in an ever-changing marketplace. Before joining TP4 Advisors, Rachel held senior management positions at Cincinnati-based companies, including TRAK Group and Titan Chair.

As the Business Development Executive, Rachel leads the organization in engaging with potential clients to understand how TP4 Advisors can best support their needs and develop financial foundations for sustainable business growth.

Outside of work, Rachel enjoys outdoor activities, reading, biking, traveling, bonfires, and spending time with her husband and daughter.

How to Maximize Referral Fee Revenue (Ep. 58)

How to Maximize Referral Fee Revenue (Ep. 58)

If you are a solo or small firm attorney aiming to strategically expand your practice and enhance your revenue streams, this episode of The Lawyer Millionaire Podcast offers an in-depth look at optimizing your referral fee income.

In Episode 58, hosts Darren Wurz and guest Arya Firoozmand explore the sophisticated mechanisms behind maximizing referral fee revenue.

Arya, the CEO and co-founder of Overture Law, outlines how their meticulously designed platform facilitates seamless and profitable legal referrals.

Overture Law stands out by fostering trust and efficiency in the referral process. The platform bridges the gap in knowledge and trust through detailed peer reviews and client feedback, ensuring that referrals are handled with the utmost care and professionalism.

It also addresses significant industry challenges by managing the intricacies of billing and fee-sharing, thus allowing attorneys to focus on their core legal duties while benefiting financially from referrals.

Arya discusses:

  • How his company Overture law streamlines the referral process.
  • How to unlock new income via attorney referrals.
  • The importance of staying in touch with referral partners and positioning yourself as a general counsel for all your clients’ legal needs.
  • Overcoming common objections to giving referrals.
  • The future of attorney referrals and community building.


Resources:

 

Connect with Arya Firoozmand:

 

About our guest:

Arya Firoozmand is the CEO and co-founder of Overture Law, the first attorney-to-attorney platform designed for members to refer matters and ethically share in fees.

Turn Your Firms Podcast Into a Content Marketing Machine (Ep. 56)

Turn Your Firms Podcast Into a Content Marketing Machine (Ep. 56)

Are you a law firm owner looking to elevate your client engagement and marketing strategy? Discover the untapped potential of podcasting in this riveting episode of The Lawyer Millionaire Podcast

Host Darren Wurz delves deep with podcasting expert Robert Ingalls who shares his transformational journey from a litigating attorney to a podcasting pro.

Robert recounts his transition from an unfulfilling career in litigation to a thriving business in podcast production. Inspired by a book and a podcast, Robert shares how he started his own podcast and eventually began producing content for others. Both Darren and Robert emphasize the importance of delivering quick, valuable content that respects the listener’s time and tackles their pain points directly. They also explore the benefits of evergreen content, high-quality audio, and the incredible value of consistency in podcasting.

Robert discusses:

  • How his journey from litigation to podcasting can inspire you to pursue your own passions.
  • Affordable and effective microphone options to ensure top-notch audio quality.
  • How to turn listeners into clients and referrals.
  • How law firm owners can stand out with a podcast.
  • The importance of creating valuable content before making an ask.
  • How to create high quality content consistently to keep your audience engaged and build credibility.

 


Resources:

 

Connect with Ross Pitcoff:

About our guest:

Robert Ingalls is a recovering attorney, professional speaker, and the founder of LawPods, one of the first podcast production agencies for law firms. At LawPods, Robert and his team help some of the premier law firms in the world launch and grow branded podcasts that build relationships and drive revenue.

Robert’s path to Podcast Producer to the Am Law 100 was anything but direct. For years he battled anxiety from the pressure, long hours, and constant conflict of a litigation career. When he was finally ready to throw in the towel, he had no idea what to do next. With no business/marketing background and only a love for podcasts he discovered while creating a podcast for his law firm, Robert decided to see if lawyers would pay him to help them launch podcasts. With very few takers in the early days, Robert spent two years in a corporate banking gig, grinding nights and weekends to finally bring LawPods to life.

As a speaker, Robert frequently speaks on topics including Positioning Your Firm Podcast for Success, Prioritizing Mental Health, Entrepreneurship, and Law Office Technology. In his spare time, he enjoys teaching podcasting at community events, spending time with his wife and daughters, and skateboarding/snowboarding.

Mastering Networking for Lawyers with Deb Feder (Ep. 55)

Mastering Networking for Lawyers with Deb Feder (Ep. 55)

Have you ever walked into a room full of professionals and felt lost in the sea of suits and briefcases? You’re not alone. Networking can be daunting, but it’s a goldmine of opportunities when done right. This week on The Lawyer Millionaire Podcast, we dive deep into the art of networking with expert Deb Feder. If your goal is to turn every handshake into a meaningful business relationship, this episode is your roadmap.

Deb shatters common networking myths and shares practical strategies that are immediately actionable and incredibly effective. From clumsy mishaps to strategic mastery, her insights demystify and simplify networking in a way that any law firm owner can appreciate and apply.

Deb discusses:

  • How to engage meaningfully in group conversations.
  • How to turn networking mistakes to opportunities.
  • The hidden value in small talk.
  • How busy lawyers can manage tasks efficiently.
  • Effective virtual networking techniques.
  • How to overcome the fear of putting yourself out there and communicating at networking events.


Resources:

 

Connect with Deb Feder:

 

About our guest:

Deb Feder is a business development coach, strategist, owner and CEO of Feder Development LLC, a consulting firm focused on helping lawyers bring in consistent clients through curious, confident conversations and changing the way we view productivity for professionals.

Deb believes in dropping excuses and simple productivity solutions. Using LinkedIn as a platform to validate and share ideas, Deb helps professionals engage in meaningful content and connections. For the last decade, Deb has committed herself to changing the way we think about work-life balance and tackle high stakes work, allowing for big careers and enjoying our free time. Deb leads the community in dropping excuses, getting productive, and bringing in business through the monthly membership program, Focus30.

Prior to founding Feder Development, Deb practiced corporate law for 15 years and holds a history degree from the University of Michigan and her JD/MBA from the University of Iowa. Deb completed her coach training and certification through New Ventures West and completed the training in The Daring Way™, which is based on the research of Dr. Brené Brown.

Scaling Smart: Ross Pitcoff’s Law Firm Growth Journey (Ep. 54)

Scaling Smart: Ross Pitcoff’s Law Firm Growth Journey (Ep. 54)

In the fiercely competitive legal landscape, achieving breakthrough success requires more than just legal expertise—it demands astute business acumen and strategic foresight.

Join us in this insightful episode of The Lawyer Millionaire Podcast, where Ross Pitcoff, a seasoned attorney and law firm owner, unveils the core strategies that helped catapult his practice to the forefront of the industry.

Ross delves into the significance of precisely identifying and understanding your client base, the intricacies of financial management within a law firm, and the transformative impact of targeted digital marketing strategies.

Ross discusses:

  • How to identify and target your ideal clients.
  • How he uses Linkedin to build brand awareness and attract clients.
  • Practical steps to boost your firm’s finances.
  • The key reason most lawyers lack business acumen.
  • The evolution of legal professionals in the digital age.
  • How to hire the right team members to support law firm operations.

 


Resources:

 

 

Connect with Ross Pitcoff:

 

About our guest:

Ross Pitcoff is the Managing Partner & Founder of Pitcoff Law Group, PC (formally known as: Ross Pitcoff Law), a New York City business law firm with a principal office located on Park Avenue.

Mr. Pitcoff is a highly skilled commercial & business litigator, specializing in cases involving business divorce, partnership disputes, contractual breaches, fraud, and alternative dispute resolution. Known for his fierce oral advocacy skills and unique ability to simplify factually complex legal scenarios, Mr. Pitcoff is a powerful advocate for his clients both inside and outside the courtroom.

Having been admitted to practice in the Southern and Eastern districts of New York, Mr. Pitcoff demonstrates his versatile legal skills and ability to effectively navigate complex legal landscapes. He obtained his law degree from the prestigious Fordham University School of Law in 2010, further enhancing his deep knowledge and understanding of the law.

As the Managing Partner of Pitcoff Law Group, Mr. Pitcoff has spearheaded the Firm’s recent tremendous growth, earning the Firm the prestigious “Law Firm 500” award in 2023 while officially ranking as the 11th fastest-growing small law firm in the country. This notable achievement is a testament to Mr. Pitcoff’s exceptional leadership, commitment to excellence, and passion for delivering exceptional legal services to his clients.

In addition to his legal practice, Mr. Pitcoff is a highly sought-after speaker, sharing his insights and expertise on topics related to commercial business practices and alternative dispute resolution. His ability to provide strategic guidance and navigate complex legal challenges has earned him the trust and respect of his clients and peers alike.

Mr. Pitcoff’s areas of expertise extend beyond litigation. He and the Firm also act as trusted General Counsel to business owners, providing strategic guidance to businesses in matters such as entity structuring, operating and shareholder agreements, contractual negotiation and review, internal investigations, and overseeing acquisitions via asset sales or stock purchases. His comprehensive approach ensures his clients receive exemplary legal support and guidance tailored to their specific needs.