Podcasts about law firms

Title: The Truth About Capital Raising That Your Attorney Won't Tell You with Devin Robinson Summary: In this episode of the “Funds on Fire” podcast, host Devin Robinson interviews Seth Bradley, a seasoned SEC attorney and a friend. Both share insights into the world of capital rasing, investment funds, and legal compliance. Robinson highlights the rapid learning curve and opportunities within the fund management landscape. He discusses his background in raising millions for real estate ventures and transitions into the value of complying with SEC regulations when raising capital. The conversation sheds light on common misconceptions surrounding securities law, stressing the importance of education and understanding regulations related to passive investments. Bradley offers practical advice on starting investment funds, the advantages of teaming up with experienced SEC attorneys, and the evolving trends in alternative investments, particularly in light of recent market changes. He emphasizes the necessity for diversity in investment management and the need for entrepreneurs from all backgrounds to have access to the financial education that empowers them to raise capital and scale their business ventures effectively. Links to watch and subscribe: https://www.youtube.com/watch?v=P-w_w6WAUVw Bullet Point Highlights: Capital Raising Insights: Devin Robinson shares his journey in successfully raising millions for investment projects. Legal Compliance Importance: Seth Bradley emphasizes the significance of understanding SEC regulations to avoid legal troubles in fund management. Fund Management Strategies: Discussion on navigating funds, from 506(b) to 506© offerings, providing clarity on compliance requirements. Education Gaps: The necessity for education in the finance and investment space is underscored, highlighting the lack of resources for aspiring fund managers. Diversity in Investment: Recognition of the disparity in investment opportunities for minorities and the importance of fostering diversity in fund management. Trends in Capital Raising: A shift towards fund-of-funds structures and other innovative investment vehicles as alternatives to traditional capital raising models. Confidence Building: Advice encouraging newcomers in investment to be confident and educated, asserting their place in the industry. Transcript: raised tens of millions of dollars myself as well as um you know we purchased just in 2022 Alone um I was a GP on over $120 Million worth of commercial assets we don't want to say anything that might get us into trouble you know I'm I'm an entrepreneur first so I'm out there to to educate it started going down you started seeing some people get in trouble but all along the way on that rise up he's suing anybody because they've been getting their returns and they've been everybody's been crushing it and even if   you're a terrible operator you've still been crushing it because the market saved you and nobody's getting sued so it's all good until it's not welcome to funds on fire the podcast that ignites The Passion of investment funds in capital raising here we turn the complexities of fund management into clear actionable steps that drive results I've invested into diverse real estate across the United States and managed thriving funds and I'm committed to transforming lives through the vehicle of investment funds and helping   others to do the same join me as we document the Journey of scaling businesses raising capital and impacting tens of thousands of people around the world my name is Devin Robinson and welcome to funds on fire on this episode of the podcast I actually interview Seth Bradley who is an SEC attorney and has become a really good friend of mine so him and I met a couple years back at raay Fest and which is we're part of a mastermind for Capital raising and fun launching and then both of us as we've become friends   as we did this podcast interview gosh a couple of months ago and then now I've launched the podcast and even since then this is pretty cool him and I have actually started a partnership on um on helping people to launch uh manage scale and raise capital for investment funds and it's something really cool so you'll hear more about that later but it's really cool that it started uh with this podcast we both are very like-minded people we both have very similar goals and desires especially when it comes to   Capital raising and the access to information with when it comes to that and for other people to be able to learn how to um honestly be able to launch and scale an investment fund and there are so many people that have the ability to do it have the um the skills and the knowledge to do it but don't have the opportunity to do it or honestly just think it's too hard to do and so I'm so excited because partnering with somebody like Seth is incredible he's a guy who has helped hundreds of people to launch   and manage their funds or would just really launch their funds he has raised hundreds of millions of dollars and invested into hundreds and hundreds of millions of dollars worth of real estate himself and so to be able to partner with him on something like this is really really awesome so I'm excited for that as we talked through his journey talk through all the things as we go through his progression from just being a real estate attorney to then an SEC attorney that goes and helps people to launch and manage funds his involvement   in that some of the things he's doing and honestly it's going to be a really good conversation for you all to hear how to stay compliant how to make sure that you guys are raising Capital appropriately how to make sure that you guys aren't going to get in trouble with the SEC because of how you guys are raising Capital so excited for this really pumped for this episode just thought I'd give you a little preface before we dive in you are going to want to listen to this cuz he is awesome and I'm excited so thank you so much enjoy   the episode all right what's up and welcome to this episode of funds on fire I I love this uh because today we have a friend of mine Seth Seth we go back I don't know like at this point I feel like it's like two years now or a year and a half what we met at Ray's Fest a while ago and I'll tell you I was super impressed by this dude because we met we met at a bar we were like at this event we had guess us that's right that's exactly right we were at this event for Ray Fest and like I'd gone downstairs he was   chilling I was chilling we started talking and I was like I like this dude because one he's not like the typical like white dude that's here he's all tatted up he's really cool and then I realized he's by far the smartest in the room and I was like yo Seth is the man so Seth I would love for people to tell or for you to tell people like who you are and what you do I've enjoyed keeping up with you over the years content you're putting out is incredible and so if you haven't give this man a follow   ESP if you want to stay compliant with funds and the legal aspect of it cuz he's doing some really awesome stuff and I love how just like fit you and your Wi-Fi that's pretty cool too so I respect that too so Seth like tell people who you are where you're from what do you do cuz I think it's going to be important for people to know you all right man Deon I appreciate that intro brother yeah it was it was great meeting you back in the day now we've kind of followed each other on social media and   kept in contact and loved it love it man love it but I'm I'm a Securities attorney so anytime you're raising capital from passive investors you can get me involved I've got I've got the pedigree I worked in big law for seven years before starting my own Boutique Law Firm I think what people like the most about working with me is that I actually come from the business side as well so I'm a syndicator and a fund manager myself so um you know I've raised tens of millions of dollars myself as well as um you know we   purchased just in 2022 Alone um I was a GP on over $120 Million worth of commercial assets so you know I come from not just the legal side but also the business side and I look at every single deal like you know whether I'm you know actually an equity holder or I am just the vendor as the Securities attorney I look at the deal like hey how are we going to get this thing done right a lot of attorneys kind of get in the way um I don't want to get in the way I I will tell you what the risks are what your liabilities are what you might   be opening yourself up to what the gray areas are but at the end of the day you're the business person and you're the entrepreneur so you make the decisions based on the information that I give you so I'm I'm there to help you you get the deal done that's cool man cuz like I know man there's a lot of misconceptions about funds and so one I can tell you I really appreciate I really appreciate you because I have had some not so great SEC attorneys that I was not a big fan of then I've had some good ones and so I'm thankful for it and   so when it comes to that uh we're going to we're going to talk about compliance because that's super important but we'll also talk about uh because I I I guess so I'm in another Mastermind I think I was going to bring this up a little bit later but I'll bring it up now and I want to talk about the importance of finding a good attorney because like I I'm in a different Mastermind and it's more of an operators based Mastermind like how to a lot of single family things and I I talk to people and I'm like and because I'm   going to set the groundwork for this podcast but I talk to people and they're like oh yeah I've got some friends they've let me borrow some of their money and I'm just using that money and I'm like oh hold on uh what do you mean and so I talked to like I mean I can't tell you the last po I was there two months ago three people told me this said three people and so they were like they were like yeah so I have an LLC and they wire the money into my LLC account it's like three or four friends they   wire this money into my LLC account and then I use it and I give them a return and I'm like you need to call an attorney right now because you are literally violating Securities Law like you you you are and they're like wait wait wait okay but but what if what if they they say we we sign up you know a promisory note they put it in here and I'm like security and then they're like okay but what if that the the the people hold it an escrow our attorney is holding an escrow I'm like security and so like just to even like set the   groundwork what is like what what is a security and and and what do you see most often when people come to you and they're looking for an attorney and they're like hey I'm doing this is this legal and you're like no that's not legal but what do you see like what is the security and what is the misconception or the mistake that you see a lot of people make when they come to you yeah I mean you just said it so the number one problem or the the biggest problem I see every single day is just the lack of knowledge like   people just don't know and there's there's maybe a fine line there between not knowing and not caring enough to know right exactly you're like I know I'm doing something here and I don't care to look into it a little bit further to figure it out but that's but that's really what it comes down to is just not having the knowledge because you think like you know I'm just going to you know me and this guy are going to partner he's going to give me all this money and they're not going to do anything and they're going to they're   going to expect a return on their investment and all that kind of stuff and it's all good but it's not you're getting yourself into into issues you know to define a security in a in layman's terms I like to just say look if you've got a passive investor involved in your deal and they're expecting a return on their money and on the actions that you're taking as the active participant then that's a security and that that's it like if if you have a passive investor meaning they're not you know making decisions   they're not managing they're not helping you out on the active side that's a passive investor and you're probably dealing with the security right and this is what I think separates like syndication from the fund right so like if you have a syndication and then you have somebody who is brings the capital typically they're making some of the decisions which makes them a little bit more active so then it's not in that sense of violating that Securities laws if it's just either like one person or even a couple a group that's actually   making decisions on that and I guess that's not the main differentiator between a syndication and and a fund but I think that's where people get confused is the passive part of things that's right that's right it's the passive part of it right like you have people that come in whether it's a syndication or a fund if if they have um some sort of managerial rights or meaningful voting rights because you'll see if you if you invest passively in a deal and you read through the PPM and the operating   agreement you'll see that you really don't have any rights to make any sort of decisions there might be some convoluted way that you might be able to get the manager out if a b c d and f happens but probably not so you'll see that you're really passive right and if you're passive then that's a security that you're dealing with you're investing into security cool that's cool and I appreciate us understanding that groundwork because I want people to listen to this I want people in my Mastermind to listen to this I want   people to just hear and understand that more often times like more than you think there are people clearly violating SEC like security law and so I just want to make sure that people are compliant and this is like you mentioned it earlier and I think that's really important is just the lack of Education side of things and you and I talk about that we talked about this before this of like really there's only like two main Educators in this space that are doing this and unless you know those two you   run the risk of not really being honestly educated enough to run a fund unless you have the self-education side of these and so I love like what you're doing and the content you're putting out especially from a Securities attorney aspect to be able to help that what what have you seen has been like the main sources of Education because even just like outside of what I do outside of what you do uh are there other sources of Education since you've been in this space longer than me that people can go to to gain more   information about what it looks like to raise a fund or uh or even start looking in that direction yeah dude it's tough out there right like you just you just said it and I I'll just name him I mean Hunter Thompson has some really good content that he puts out love Hunter super intelligent guy great stuff it's about raising Capital 4 real estate specifically which is great for the for your audience um and then Bridger Pennington of course um his is a little bit not necessarily real estate related   more in the private Equity space but also real estate sometimes and those are really the only two guys that are putting out content um typically before them you're really getting your education from your securities attorney that you engage with you know that can you know they're going to give you legal advice they're not going to give you kind of like you know they they'll review your marketing materials and things like that to tell you hey this is compliant this is not maybe this is what you should do this is what you shouldn't   do but there's not really anything comprehensive out there where you put the whole package together when you're really trying to start a capital raising business other than those two guys right now so you know there's a lot of room in that space for people to to step in and do it and and also you know Securities attorneys if you look I mean there's only a few of us putting out any kind of content cuz you know as an attorney most most of us are pretty conservative we don't want to put ourselves out there we   don't want to say anything that might get us into trouble you know I'm I'm an entrepreneur first so I'm out there to to educate and that's what I was going to ask so for you man just like a little bit about your journey because like it's not every day that you meet a a Securities attorney now granted we are at a fund event so then like of course you're going to run into a Securities attorney but like honestly you you I feel like and this is kind of cool I feel like me and you don't fit the molds   of our role like for like we're tatted like you know like you know I'm saying we're tatted we're a little bit more laid-back I got I think I posted this the other day I graduated college with a 2.3 GPA like I I just am not very qualified of what you would put the normal qual qualifications of a fund manager would be but for you like for you how did you get started and like what Drew you to Securities Law cuz it's a very specific Niche to be in for sure yeah and I really got started in real estate law so I was always drawn to real   estate I just knew it was a great investment I've just like intrinsically loved real estate I don't know what it was like even when I was in undergrad I was like man it would be so great to own these tow houses that I'm living in like things like that I've just always been attracted to it and investing in it so I started investing in it myself I started out doing real estate transactional law oh cool from that from that perspective and then I realized that you know raising Capital was a little bit more   sophisticated I I like that aspect better and I started gravitating towards that and got into Securities Law and and again at the same time as I was doing that I was also starting to Syndicate my own deal so um pretty interesting that I got kind of the legal side got the business side going at the same time so it gave me really good perspective that's cool so you talked about your journey a little bit I love like diving into that Journey because you you said that you you were in on some of your own   deals so you started as real estate attorney chop that like started doing that were you like a closing attorney yeah yeah okay so like a closing attorney uh and then started did you get to a point where you're like yo I see all this money that people are making I kind of want to do that is that how it like switched into you becoming an active investor into real estate uh yeah somewhat man I mean I took kind of the traditional route of real estate investing I read Rich Dad Poor Dad I started listening to Big Pockets the   purple Bible you know it man what it is um yeah did all that and house hacked into a duplex I mean that was my first property started fixing and flipping a few few property still own some single family those sorts of things um and then you're San Diego right I'm in San Diego yeah but I'm originally from West Virginia West Virginia West by God Virginia that's right all right I mean like I feel like if you I feel like if you're from there you would say something like that that does make sense that does make that's the say that's   what we say West by God Virginia no I don't know anything about V West Virginia but now but now I do so now do you own some of your properties in in very two very different markets West Virginia or San Diego is that like where you own them or are you in other markets they're all over the place so like we invested I lived in Charlotte for a little bit like you know so own a couple properties there own a property in West Virginia that duplex that I was telling you about cuz I moved there for a job really you know California is   tough like to make anything cash flow there's some Adu opportunities right now for that but really just own the house that I live in then I have a condo that I rent out up in Orange County and that's about it but the other ones are all kind of all over the place like we invested in Cleveland for a little bit as well oh yeah some multi family stuff in Cleveland that that was kind of in the single family phase but as far as like the multif family the retail a lot of that was like in the midwest um in   the in the um in the sun sun Bel area so all over the place and we did like industrial we did retail we did multif family um all all sorts of stuff man on the commercial side and it's good to know that background for you like not that background but like you had the ability to understand and how to structure some of those deals um and so I'd love to I'd love to talk about the structure of funds a little bit because this is sure I'm going to as the question that I think like everybody wants to ask an SEC attorney about the   difference between a 506b and a 506c and then what constitutes like having that pre-existing relationship right because like if you have a 506b or a 506c there's certain stipulations but those are the two most common right like 90% of funds are 506 BS or 506 C's and so and if I'm wrong just just let me know but I believe that's like the statistic and and with those what constitutes the differences and then the pre-existing relationship part is one that a lot of people have questions about for sure man   yeah you're spot on so far I mean 506b I like to Remember by buddy so it's typically going to be a buddy right like yeah you have to have so the rule isn't that you have to have a pre-existing substantive relationship the rule is you're not allowed to solicit or advertise that's the rule and the way that you show that is by having a pre-existing substantive relationship with those investors so that that's a little bit of a Nuance there the rule is really you can't or advertised you can't go on Facebook and talk about it you   can't take out Google ads and and put it out there you can't even talk about it really to strangers and invite them into your deals you have to have that pre-existing substantive relationship because otherwise think about it well how would they know about your deal if you didn't right like that's that's kind of the the mindset there so yeah be but the the advantage there of course is that you're allowed to bring in 35 non-accredited investors so that's why people go with the 506b route number one   you can bring in a limited number of non-accredited investors uh number two there's there's less requirements for you as the uh fund manager or the syndicator the capital raiser on proving if they're accredited or not because they just self-certify so those are really the two big reasons you would choose a 506b versus a 506c which you can remember that by community so it's a bigger pool of people all right it's 506c for Community those folks when you have that exemption then you can go out there to your community you can solicit   you can advertise you can put it on Facebook you can put it out there in your m mind you go speak on stage and say hey guys come invest in my deal you can do whatever you want really it gives you the freedom to operate and not feel like oh am I doing something wrong but obviously the big thing there is accredited investors only so if you choose that 6C exemption you're only allowed to bring in accredited investors and they're all you're also going to have to take reasonable steps to verify that and that's typically through uh a   third party vendor or through that Investor's attorney or uh CPA that's going to write them a letter that says that they're qualified yeah which typically and you and not typically but like this is why you see even older more established funds go with a B because it's easier to just bring them in so they don't have to do all that stuff yeah what you see is they'll do a 506b but they won't allow uh non accredited investors in so it'll be 506b but only allow accredited investors so that they don't have to they don't they can   self-certify yeah which is makes it just a whole lot easier of paperwork standpoint so then uh that's which is really really interesting so for for me and I'm actually I'm going to just dive in a little bit deeper because there's so much gray here and like you can it's fine if you don't bring any like Clarity to the situation but there's so much gray here because I hear people that are like all right now when you meet that person add it to your calendar that you met that person and then you could talk   to them three weeks later and then like then you could pitch your fun to them and then like then now you're showing the SEC that it's a a pre-existing relationship and then it's like well where the heck is the line if there isn't even a line and then it's like then then what do they what is the expect me to do you know like if somebody introduces me to somebody how the heck do I make sure that I'm compliant in that in that relationship that we have if I know that they even come into the relationship interested in   what I'm doing I want to take a quick second to talk to you guys about something that could completely change the game for you if you're serious about launching and scaling an investment fund if you've ever wanted to start a real estate fund private Equity Fund or syndication but didn't know where to start this is for you fund Founders is giving you free access to foundations 101 a step-by-step course designed to help you to structure your fund the right way so you stay SEC compliant raise Capital like a pro even if you   don't have a network yet scale your fund without constantly chasing investors and avoid costly legal mistakes that can shut you down this is the exact road map successful fund managers use to launch manage and raise capital for their funds without wasting time or money and the best part it's completely free go to funds onf fire.com back/ Founders or click the links in the notes to get instant access to the fund Foundation 101 course don't miss this if you're serious about raising capital and growing your fund this is where you   start again that's funds onf fire.com Founders or click the link in the notes now let's get back to the show yeah uh pre-existing uh actually just means pre-existing the offering so pre-existing your syndication pre-existing your fund so that makes it a little bit difficult when you've got let's say an evergreen fund right it's like well you got that offering open forever right so you can't even bring anybody in after you've opened it um that you don't already know but there is a there is a kind of a loophole I'll   call it it's not really a loophole it's it's actually a regulation but you can actually convert um a 506b to a 506c now you didn't used to be able to do that but I think that pass um maybe like two or three years ago where you can convert the 506b to the 506c now you can't go back after that but once you make that conversion you know get all your 506b investors in if you want to fill that 35 non accredited pool and then convert it to a see you can do that and then you can go out you can solc it you can   advertise you can talk about it you can bring in strangers yeah now that's really interesting too well and I do know that I think you just have to close subscription for like 24 hours right or something like that and then you can open back up you really just have yeah there's not really a Time requirement you'll hear something you you'll hear where there's like a cooling off period and they'll say 30 days 60 days but it really just comes down to closing that first offering because it's separate   that 506 B exemption offering and then opening that new C offering and just to be safe because again we're dealing with Securities it's always gray maybe give it that 30 days to cool off and then open up that 506c and then you're good to go and you have to refile like a form D and everything like that you do okay you do okay cool I wonder if you're your blue skies you can use the same documents but You' need a new form D yeah okay cool all right very interesting so that's cool to know too so I use a platform and I think we've   talked about it briefly called aester and I'm a big fan because it's a customizable fund they actually don't I think because of the nature of the customizable fund they actually said that I can't close down my be and open back up as a c just by nature of that type of fund and I thought that was really interesting and I know you and I have talked about potentially chopping up like what the heck is the I I think I sent you the stuff for it I can't remember but uh yeah I think so yeah talking about that customizable fund   because it sounds like um you know there's different fund models there's um there are the reg d506 B and C's there's reg CF reg A's and then you also run into like syndications and then you have fun of funds right and so it sounds like and for you you've kind of done all of them I think oh yeah but right now you're really focused on one major one right is that what you like so the fund that you currently operate and you're running uh I'd love to hear a little bit more about that yeah for sure so just to   comment on the the aester fund you know it's it's a kind of a new product right the customizable fund it's pretty new it hasn't really been tested on the legal side quite yet it's pretty complicated right like complicated from well what it spits out is simple right they say Hey you create this Evergreen fund and then you get you know each investor only gets 1 K1 even though they might be invested across a bunch of deals things like that which is great um but you lose that flexibility so I don't know the the   intricacies of it but you know you can imagine you've got this this customizable fund that's invested in let's say 10 different other deals or whatever and some of them it's acting as a fun of fund some of them it's acting as u a lead sponsor or all these different things so trying to convert that to a 506b from a or 506b to a 506c I can see where you can run into some complications there it might not be possible yeah and I think so because the structure sorry the structure of it they tell me what makes it customizable is   the fact that like our investors can log in and I don't actually like I have an overarching PPM they log in and they choose the their investment that they want to I'm not telling them the investment that they have to like invest into they read the deal disclosures and decide decide that that's what they want where they want to allocate their money to which allows for for the customizability of this type of model so I think like that's where converting it to a c would be yeah what you're saying for sure y that's that's kind of the   defining I guess piece of that customizable fund is that investor actually gets to pick and choose within your fund that you created where they invest um and that actually I can see where that why they do that I mean it's a it's a great concept but also that keeps you from actually making any decisions as the fund manager so that keeps you out of some certain regulations I'm like hey this is what we offer yep you can look at the deal disclosures and decide on where you want but like they could and this is like one   of the things that they like is I can say oh you could you could essentially diversify your portfolio within one fund because you could choose this one this one this one this one but you choose how much you want to go into there so that's that is a very interesting model and so that's really cool um or like yeah the investor chooses it yep the investor chooses it and yeah and and I'll you know that contrast to what you're alluding to which is an SPV fund of fund so that's what we do over at tribe vest   in full disclosure I'm Chief legal officer and a and a shareholder of tribe vest um so I'm a little bit biased and aester is you know we don't like to call him a competitor honestly they do fund of funds and we do fund of funds is like the overarching product but it's completely different you know one situation which why I brought it up it's the only reason why I brought it up because I'm excited to dive into tribe vest and what you guys offer um because this is not a pitch for tribe vest and like I didn't even know about I did know   I've heard of trivest but didn't even know you were a part of it before this podcast but I love hearing what you're a part of and that's why I want to dive into that a little bit because I think it's cool yeah and I like it it it might be a good to kind of lay it out right you've got these customizable fun of funds out there avor is really the only one offering them there's a couple other uh groups out there that are going to be offering them soon you can actually go to a Securities attorney and they can   put it together for you as well um and yeah and then you've got the SPV fun of fund again you can go through triest or you can SPV just for clarity special right special purpose vehicle or single purpose vehicle kind of either either one really applies then you've got your typical discretionary fund which you would go directly to a Securities attorney and that's where you're actually making some decisions you're saying okay I'm going to raise 10 million bucks and I'm going to invest in Deal one two three four five six seven   eight um and you're kind of making those decisions and there's a lot of rules and regulations that you've got to abide by to be able to do that without a license but anyways back to the SPV the single-purpose vehicle instead of a customizable fund where you know the investor is making the decision and you as the fund manager in you know you make all these different things Avail all these different Investments available the SPV is designed as a single purpose vehicle to invest in one single deal so   if there's a Target deal let's say a 200 unit multif family property in San Antonio um we're going to spin up an SPV for you to invest as a passive investor into that Target deal and that's it it's super simple it's super contained it's not complicated it it just keeps everything compartmentalized both from an asset protection standpoint and from visibility right you're going to know as the fund manager and as the investor exactly what you're investing in what you're how you're going to get paid what   your projective returns are and it doesn't really get mudded by other Investments and this is what I CU I've talked to other SEC attorneys and they've talked about it's funny they've talked about how rare what I've done so I've like maxed out my 506b on a my first fund being a blind fund and they were like that's super rare because you're saying hey just trust me but what you guys are saying what you're doing is saying hey this is the specific and that makes it a lot easier to raise Capital because like you said ton more   transparency they know what they're investing into and so for people starting out that's probably the route that they want to start with is something where they can bring transparency and then the investors that they're coming in know exactly what they're investing into that's right de yeah what you did Devon was incredible like it's really difficult to do most people don't start there they can't start there they don't have the ability to um to be able to build that up that level of trust and track record prior to   you launching the fund that's why you're able to do it but most people can't do it most people have to get their first few in the door by showing the investors hey this is the exact deal that you're going to invest in and you're getting you're going to be a part of and they can do their own due diligence and underwriting and those sorts of things and they're say oh yes I believe in that property or that deal and I also believe in you as the the fund manager or the syndicator and it's easier to raise   Capital that way as opposed to a blind pool fund where it's like hey just give me your money and we're going to invest in something that looks like this and yeah exactly exactly so I actually I want to dive into more into tribe vests cuz like so where does the benefit come in because like somebody can just go and get with an SEC attorney and create their own SPV and and kind of go that route but where's the benefit of somebody coming in and working with tribe vest like why I mean honestly like I please I like tell me like why have   you invested into it why do you believe in it so much and then yeah tell me a little bit more about it man yeah because it it just makes everything super simple and super contained and we handle everything so if you go to an SEC attorney like myself I'm going to come in and I'm going to I'm going to draft your offering documents I'm going to file your exemptions do your blue sky filings and that's it and I I'm going to wipe my hands of it and I'll say you know good luck you know more than that I'll help you out of yeah exactly I'm   going to charge you a lot of money I'm going to charge you at least 25k right Tri vest includes everything that you could possibly imagine so all these different parts that you would have to put together as a capital aggregator TR vest handles so that includes not just the offering documents the legal stuff the filing of the exemptions and the blue sky filings but we're going to file for your entity we're going to get your EIN we're going to be your registered agent we are going to uh onboard your   investors so we're going to act like an like an investor relations person on your team so all you do is send us your list of investors and we start reaching out we send them the docs we walk them through how to sign and get them through the signing ceremony we hound them or we call it hurting the cats to get them to actually fund the deal cuz sometimes people get cold feet so bug the hell out of them yep bug the hell out of them until they make that wire we do all that we do the uh the accounting in your k1s   we configure your cap table very cool we do your distributions we open your business banking account we do uh everything on the back end uh we've got the investor dashboard or investor portal that you can use which alone is you know you're going to pay $500 a month at minimum for that by itself so it it's incredible and we do it at an incredible price and I mean we're not we're very transparent about that it's $5,000 upfront and then $2,000 a year annually and that comes with docs and everything that comes with docks and   everything there's just you can't be beat I mean it literally can't be beat and the other thing is the speed so as soon as you sign the greenl docks which is basically just like hey you agree to the services that we're going to provide we will have you raising capital in five business days no way man that's really cool that's fantastic if you come to to me if you come to me as a security attorney I've got that hat on you know we're not doing in 5 days I'll tell you that now how much education do you help   with because I tell people all the time like here's the questions you should have beforehand because your SEC like your attorney will be the most expensive education you have ever paid for if you don't have that information beforehand so like what what type of because they'll charge you like if you don't know if you want a 506b or 506 C you don't know if you if you want your waterfall this way if you want this and you're just asking questions they're going to charge you by the hour to ask those questions and so for you like how   much help do you guys help for people who are like I've never started a fund I'm really looking forward to starting this but I don't know where to go what does that look like for you guys yeah I mean for tribe vest we're putting together some modules actually right now we're going to roll them out literally before the end of the year which will be fantastic because we're going to share that with with the world you're going to be able to self-educate on what is a fun to fund how does that look like in the   fundraising ecosystem like you know what is a preferred return what is the profits what kind of fees can you charge all kind of the nuts and bolts that you need to know we're going to have that out there so soon enough that'll be available to the public and that'll be a huge value ad and huge help for us as well because we don't have to educate one-on-one anymore as a Securities attorney I I will advise on people I mean I'm I'm happy I'm I'm more of a mentor and a coach when it comes to that sort of stuff and I'll I'll be like look   attorney hat off right now I'm going to tell you this and here's kind of your gray area and that sort of thing so you know I I I think I get into those sorts of things a little bit more than most attorneys will um but if you go to like a a large Law Firm or even a regional Law Firm they're they're going to charge you per hour and that's going to be anywhere between you know $400 to $1,500 an hour yeah there's no doubt there's there's no doubt so and this is really interesting because one of the questions   that I had just going into this um and not even knowing about uh the not even knowing about tribe vest and and all of that is what have you seen as far as like trends that you're seeing in the industry right now because Trends seem to be changing one just even I I'm a disruptor you're it seems like you're a disruptor of Industries and we're trying to disrupt this huge investment fund industry um but it seems like there's being like there's different type of offerings there different structures there's different   things that people are doing what are some of the trends that you're seeing that people are kind of pressing against or starting in as far as funds as a whole you seeing that being the case of being become more common yeah I mean so like biggest picture right is trying to get these types of alternative Investments to the masses because most wealthy people even rich people whatever you want to call them that have some Expendable income that want to invest the only thing they know are 401ks stock market mutual funds   and those sorts of things and they we just need to get that out there and I think you're seeing a trend towards that I think bringing in more people that want to raise capital and start a capital raising business is how you do it right because they've already got their built-in networks and then those networks know other people and and it kind of spiderwebs out from there so that's that's kind of the biggest picture trend is just trying to see well we're seeing you know alternative investments just become more available   to the masses second you're seeing the industry go away from the CP model which I like to say the cgp model is dead and you're seeing people turn to the fun of funds route yeah because the cgp model has just been abused if you do it the right way if you're actually an active partner and you're actually participating in the meetings and and decid on Asset Management typee decisions then all good that's how it's supposed to be but when you're just raising capital and not doing anything else that's when the CP model gets   abused and it's not just oh well you shouldn't do that it's illegal it's plain and simple illegal so that was like the conversation I'm telling you when um I was having the conversation with that guy at my at my Mastermind and he was like we're doing this and I go like stop and he's like haa and I go no no it's illegal and he's like oh haha and I'm like no no like prison illegal and they I feel like just people don't understand the severity because they feel like what's wrong with it it's not that bad and it's like no no it's   illegal yeah and you know that this is just what happens right like you just kind of everybody just pushes boundaries pushes boundaries and you know fortunately or unfortunately however you want to look at it the industry's been fantastic for a long time right the real estate industry's went up since the the crash in 2009 2008 all the way until really covid and that was just a blip and then it took off again and then B basically up until last year 2023 is when you started seeing it kind of take   a nose dive a little bit because of interest rates and not because of the actual state of the market but the interest rates but either way it started going down you started seeing some people get in trouble but all along the way on that rise up all the investors have been happy he's suing anybody because they've been getting their returns and they've been everybody's been crushing it and even if you're a terrible operator you've still been crushing it because the market saved you and nobody's getting sued so it's all   good until it's not and then you've seen in yeah and then you see in 2023 you see you know potential foreclosures and workouts and you know Capital calls things like that investors aren't happy and we're in America and people are like yo how can I get my money back well you try to sue somebody and that's when you start seeing some of these things where the cgp model was abused or people weren't raising Capital the right way or they didn't f exemptions all those sorts of legal things that nobody really   worried about because everything was great start coming up and you're you're seeing that now so you're seeing that shift away from the CP model to the fund of funds model because the fund of funds model is compliant obviously if you do it the right way but it's more compliant and it's always been the answer but at the end of the day it's expensive it's more complicated you've got more attorneys you've got a whole separate offering all these different things that you have to take into account and people   were like I'm not doing that but now we're kind of forced into having to do that and that's where you know tribe vest and aester and some other folks are coming in and having coming up with solutions for that yeah that's really cool um because one one more thing I'm really curious on that you've seen because I feel like there is a fairly irreg irregulate asset you know coming into a very regulated um like structure right so one the things I'm talking about is like the rise of crypto in these crypto funds and these blockchains   based funds have you seen that start to affect like the legal landscape of funds and the formation that people have of that and the way that people are thinking through that and even how the SEC is starting to figure that out and uh and stuff like that have you seen like an emergence of more of those blockchainbased funds I have yeah and not just like strictly you know blockchain and and crypto but also just spin-offs of that right like you saw tokenized real estate was a big thing for a little while it's kind of turned   down a little bit but that was huge that was like I was crazy that you could be like I'm tokenizing my my bathroom and when I sell it you get like that much of the footage and the appreciation it's like what that's crazy yeah so it's kind of cooled out a little bit you know I don't I honestly don't follow that that closely just because I know that it just changes so fast and especially now that we've got the new Administration in here you're probably going to see a lot more loosening of that which would be good   for us but yeah I mean you know you're going to see that right like CU we are just on the the precipice of just crazy technological advancements from tokenized Real Estate to you know crypto to AI like all this stuff is going to like this landscape 5 years from now is is going to be unrecognizable yeah that's it's it really will just because of the way that contract law is going to go from the from the from um from I guess blockchain based like because like you'll see that where the blockchain will take a lot of   those uh a lot of that aspect and change it and flip it on its head so it's going to be super interesting to see how that goes man I want to respect honor your time I appreciate you being on I guess one thing I guess one more question that I have before we kind of go into the exit if there's somebody that's thinking about starting a fund because what you were saying earlier really there's only two main people if I'm fully transparent I want to be able to be uh the voice of funds for minorities and women in this   country because like all those other they all the white dudes they could have all the other white dudes that's fine with me but there's a lot there's a there's a huge disparity I heard uh don peees once say and this has changed my my my thought my process like my mindset ever since he says in the history of America there has been $94 trillion to come in through private equity and real estate in the history of American and history of America 8.3% of that had no sorry 1.7% of that have gone to minorities and women that means 98.3% of   that has gone to white men and so there's this massive disparity between access to education like you're saying access to Capital Access to I think there there's this quote that says the world equally distributes talent but doesn't equally distribute opportunity and so there's this huge disparity of opportunity of people that look like me and look like you and look like women around this country that I would love to make sure we're the voice for and so for people who don't have a lot of that education one what's a big piece of   advice that you would give them and when they're starting to think about starting a fund because I think like if I'm full of transparency most of the people I talked to and I told you I saved from prison there were black dudes they're just trying to do the right thing but don't have the education to do the right thing and so for for that like what what's a big piece of advice you would give people that are thinking like I think I want to start a fund um what should I look out for how expensive does   it matter because we've talked about a better solution for how expensive it can be but what's the thing that they should be looking out for yeah I mean you know right off the bat like be confident and don't be intimidated because I think some people yep in those groups that you described might feel a little discouraged because of that because you walk into a room that is maybe all fund managers or all capital risers or you know those types of people and you're like who I don't look like everybody   else so maybe I don't belong here or maybe your confidence goes from here to to hear and you're like and then and then you come off that way right like you've got to you got to step into that room with confidence and a lot of a lot of that comes down to self-education right like it comes from education and it's out there now I mean we mentioned that there's only a few really good sources but you can still piece it together I mean you can find anything on YouTube University just to at least get the you know being able to talk to talk   and walk the walk and and feel confident doing that so just get educated to start get that Baseline and then get out there and just be be confident like I said don't be intimidated don't feel like you don't belong because we got to get folks out there that are that are doing it from from those groups yep that's right man well I appreciate it Seth where can people find you where can people hire you where can people join what you're doing um because I think that they should I'm a big believer in you and   what you're doing and I'm excited for for all those things appreciate it man I usually update all my Links at Seth Paul bradley.com so you can find everything there I'm all over social media so all my handles are Seth Bradley Esq cool man I appreciate you thankful for your time thankful for your friendship I really look forward to uh to Growing growing together man it's fun to see other people that like we're about the same age I don't know you look like you're in your 20s but you're you're not I know   that but like uh but like like for us to just rise together on this man and so I'm thankful for this journey that we're on together and I appreciate you being here today love it brother appreciate you yes sir talk to you later man wow I hope you enjoyed that I have a quick favor if you've been enjoying the show there's one simple way you can support us and it's by hitting that follow button or that subscribe button on the app app you're listening to I want to level this podcast up in every single   way possible bringing you more value incredible content and guests and new strategies Following the show and leaving a quick review goes a really long way in helping us to grow and continue to deliver top tier content it's the only free thing I'll ever ask you to do and it makes a bigger impact than I can possibly put into words so thank you for being a part of this journey and I'll definitely catch you on the next episode to great success and greater impact peace Links from the Show and Guest Info and Links: https://www.youtube.com/watch?v=P-w_w6WAUVw https://www.instagram.com/p/DHbcSjGT7Jn/ https://tinyurl.com/FFfoundations-YT https://pfcapital.us/ Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Devin Robinson's Links: https://www.instagram.com/devin.robinson1/ https://www.linkedin.com/in/devin-robinson-997ba040/ https://www.facebook.com/drob737/ https://x.com/devinrobinson37 https://www.threads.com/@devin.robinson1 https://www.tiktok.com/@devin.robinson1  

Did you like this episode? Dislike it?

In episode 110 of Going Forward, Eric Elliott is joined by Joshua Lenon, Lawyer in Residence at Clio, to dive into the rapidly evolving world of legal technology and its impact on law firms today. As one of the leading voices at the intersection of law and technology, Joshua brings a wealth of knowledge from his work with Clio and his expertise in the legal field.Together, they discuss key insights from Clio's 2024 Legal Trends Report, including how client expectations are shifting, the growing importance of hybrid work models, and the crucial role of technology in driving firm growth. Joshua also offers valuable advice on how law firms, especially solo and small practices, can adopt tech tools to streamline operations, improve client experiences, and future-proof their businesses.Joshua and Eric explore how AI, flat fee structures, and embracing digital tools are helping law firms scale and thrive in a competitive market. Whether you're already in the legal tech game or just starting to consider the possibilities, this episode provides actionable insights and a clear path forward.Find Clio's 2024 Legal Trends Report here: https://www.clio.com/resources/legal-trends/?sbrc=1baebsju-r60AS7O__6_iYw%3D%3D%24nOYfKTNXI85Q2a8zLaRAJQ%3D%3DConnect w/ Eric Elliott:Website: ⁠⁠⁠https://ericelliott.com/⁠⁠⁠Facebook: ⁠⁠⁠https://www.facebook.com/ericelliottspeakerLinkedIn: ⁠⁠⁠https://www.linkedin.com/in/eric-elliott-45704745/YouTube: ⁠https://www.youtube.com/channel/UCWODgA7XWf8f4VK-DfuAy2gInstagram: ⁠⁠⁠https://www.instagram.com/ericmelliott/?hl=enTwitter: ⁠⁠https://x.com/ericmelliottEmail: ⁠Eric@EricElliott.com⁠Text: ⁠843-279-5843⁠⁠Connect w/ Joshua Lenon:LinkedIn: https://www.linkedin.com/in/joshualenon/BlueSky: https://bsky.app/profile/joshualenon.bsky.socialSupercharge your online advertising campaigns with Optmyzr!Streamline management, optimize performance, and boost your ROI. Visit ⁠⁠⁠⁠https://hs.optmyzr.com/hs/vip⁠⁠⁠⁠ to discover how Optmyzr can revolutionize your digital marketing.Also, as a special treat for our listeners, sign up with the code GOINGFORWARD20 and enjoy an exclusive 20% discount on your first year with Trainual! Seize this opportunity to supercharge your operations and propel your business forward!Eric Elliott is a self-made entrepreneur and marketing expert with extensive experience crafting impactful brand narratives for clients across industries. He is the founder of VIP Marketing and Craft Creative. In 2009, Mr. Elliott started VIP Marketing with almost no resources. VIP now has a global team and is recognized as one of the top branding agencies in the USA by Clutch. co. He founded Craft Creative in 2015, a full-service video production company providing premium services to clients across the US. Eric is also the host of Going Forward, a podcast moving conversations with entrepreneurs and leaders that inspire, motivate, and challenge you to embrace possibility and make a difference. Mr. Elliott is the author of numerous articles and an active contributor to Entrepreneur Magazine, Forbes, and Medium. Recognized as a pillar of his community, the city of North Charleston established Eric Elliott Day to honor his name and legacy to inspire others.Going Forward is brought to you by ⁠VIP Marketing⁠.VIP Marketing is a law firm marketing agency based in Charleston, SC. Our mission is to partner with our clients to make them the choice in their market, not just a choice. We're focused on helping them thrive in the digital age by providing a comprehensive suite of services specifically tailored to their needs including: digital marketing services such as SEO and PPC; brand strategy and identity design; website design and development; and premium video production. At VIP Marketing, we elevate the marketing presence of law firms, helping them stand out in competitive markets.

In this episode of the Scalable Law Podcast, I dive into a game-changing topic that comes up time and time again with the firm owners I coach: When is the right time to hire a practice manager in a law firm, and what kind of impact can they have on your growth and operations? If you're constantly fielding team questions, managing leave requests, approving every invoice, or buried in admin instead of focusing on strategy, it may be time to level up your law firm management. Hiring a skilled practice or operations manager could be one of the most pivotal decisions you make to scale effectively and reclaim your time as the business owner. Episode Summary In this episode, I share exactly when I believe it's the right time to hire a practice manager in a law firm—typically when your revenue is in the $500K to $1M range. I break down the key responsibilities they can take off your plate, how this hire supports stronger law firm management, and how bringing in the right person allowed me to step back from the day-to-day of running my own firm. You'll learn how to spot the signs that you're overdue for this game-changing hire—and what to look for in a practice manager who can help your firm grow without you becoming the bottleneck. Key Segments When to Hire a Practice Manager in Your Law Firm Thinking about hiring a practice manager? If you're hitting growth ceilings or drowning in daily operations, it might be time. Signs It's Time to Hire: You're no longer the best person to handle day-to-day law firm management. You're overwhelmed, juggling people, clients, admin, and operations. You're ready to scale, but need leadership support to do it sustainably. What a Practice Manager Actually Does A great practice manager in a law firm isn't just admin support—they're your operational engine: Team Management: Handles HR, recruitment, performance reviews, and team check-ins. Client Experience: Improves intake processes, addresses complaints, and maintains service standards. Systems Oversight: Manages software, streamlines workflows, and ensures compliance. Operations & Admin: Takes care of invoicing, reporting, supplier management, and more. Leadership Support: Acts as your second-in-command, solving issues before they hit your desk. The Real Impact for Law Firm Owners Bringing in a practice manager creates space for growth and clarity: More time for strategy, vision, and high-value work Freedom from operational distractions and stress A scalable team structure with stronger accountability Better culture, performance, and profit Who to Hire When hiring for this critical law firm management role, look for: Strong leadership and operations experience A proactive, solutions-first mindset Confidence to manage up—not just follow instructions Law firm experience is a bonus, but not mandatory Hiring a practice manager could be the most important step you take to scale your firm without burning out. Think of them as the engine that powers your growth while you lead from the front. Takeaway Hiring a practice manager in my law firm was one of the most pivotal decisions I've made. It completely transformed how I operated, freeing up my time, clearing mental clutter, and allowing me to shift from being stuck in the day-to-day to focusing on real law firm management and growth. If you're buried in admin, constantly putting out fires, and craving more freedom and sustainable progress, this is the strategic hire that can move you from overwhelmed to in control. Links and Resources Book a Strategy Call with me. Learn more about our programs at Scalable Law. Connect with me on LinkedIn. If you're ready to map out your next strategic hire and build a law firm that doesn't revolve solely around you, reach out to us. Inside our programs, we guide you through hiring the right practice manager and structuring your firm for scalable success. If This Episode Helped You... Please take a moment to share it with another law firm owner who needs to hear it — or leave a review on Apple Podcasts or Spotify. It helps us reach more amazing lawyers like you who are ready to scale smarter. Apple Podcasts: Listen on Apple Spotify: Listen on Spotify

Following the hacks of Optus and Medibank in 2022, earlier this month Qantas customer information was hacked. Is the legal system and corporate responce sufficient? - 2022年の、オプタス、メディバンクに続く、今月初頭のカンタスの顧客情報へのハッキング。法制度、企業の対応は十分でしょうか？現在どんな対応がされているのでしょうか？

A legal complaint has been lodged against Qantas by an Australian law firm over the data hack that saw the personal details of scores of customers exposed. Qantas now says it's been granted an interim injunction in the NSW Supreme Court to prevent the stolen data of almost 6 million customers from being leaked. - قانونی فرم نے آسٹریلین ایئر لائن قانطاس کے خلاف ایک شکایت درج کرائی ہے جس میں اس ڈیٹا ہیک کا ذکر ہے جس کے نتیجے میں لاکھوں صارفین کی ذاتی معلومات افشا ہوئیں۔قانطاس کا کہنا ہے کہ اسے نیو ساؤتھ ویلز سپریم کورٹ سے ایک عبوری حکم امتناعی موصول ہوا ہےاور اسکی بھرپور کوشش ہے کہ تقریباً چھ ملین صارفین کا چوری شدہ ڈیٹا لیک ہونے سے روکا جا سکے۔

10 Accounting Terms Every Law Firm Owner Should Know - short

Top 5 Law Firm Owner Tax Mistakes

Send us a textOnly one more week until our Summer finale! And the momentum is building! Can you feel it? It's like  indigestion but the OPPOSITE!! This week, we welcome an ICON in the Young Adult genre of authors, yall. Mr. Gordan Korman took time to sit with me and discuss his brand new book, SNOOP that was just released! Our amazing friends at Cafe Du Monde started sponsoring this new segment with the launch of our season 5 back in January and folks, today's summer finale of NolaPapa Reads does NOT disappoint! Today we welcome New York Times Best Seller, Mr. Gordon Korman!  A Canadian author of children's and young adult fiction books, Korman's books have sold more than 30 million copies worldwide over a career spanning four decades and have appeared at number one on The New York Times Best Seller list. From Gordon Korman, the bestselling author of Restart, the story of a boy who's stuck at home with two broken legs... and who starts using cameras and a drone to spy on his classmates, neighbors, and a possible criminal who's come to town.If Carter hadn't been checking his phone, he might have seen his brother coming down the ski slopes in his direction. And if Carter had seen his brother in time and avoided the crash, he might not have two broken legs right now.Oops.Find all of his books LITERALLY everywhere- but a quick tap at amazon here!https://a.co/d/6Io7vFr———————————————————————-Then later, We welcome back for our Summer Finale of “Early Miracles” with Ochsner Children's Hospital and the legendary Dr. Harley Ginsberg. I can say legendary because this doctor has shaped the way these precious NICU babies are cared for. He has built a dedicated team that daily and passionately allow these babies to receive the early miracles they need to thrive. As a parent of a premie, those first weeks scared the hell out of us. It was like we were dropped in a bath of cold water. I wish I had the knowledge I do today back then. And because of THAT- I created this segment. Learn from the BEST in the country in just HOW to care for your itty bitty nugget when you get home. Because it is DEEP. Nothing can prepare you more than a conversation with Dr. Ginsberg. He is my bud. And we have BIG PLANS for the future and it includes a brand new Video Series to help explore even MORE in the world of Ochsner Children's Hospital's NICU. For more information about the NICU, or the Mothers Milk Bank of Louisiana please visit,Wwww.ochsner.orgThank you to our family of amazing sponsors! Ochsner Hospital for ChildrenWww.ochsner.orgRouses MarkersWww.rousesmarkets.comSandpiper VacationsWww..sandpipervacations.comCafe Du Monde www.shop.cafedumonde.com The Law Firm of Forrest Cressy & James Www.forrestcressyjames.comComfort Cases Www.comfortcases.orgNew Orleans Ice Cream CompanyWww.neworleansicecream.comERA TOP REALTY: Pamela BreauxAudubon Institute www.auduboninstitute.orgUrban South Brewery www.urbansouthbrewery.com

Christian Sison (https://loisllc.com/attorney/christian-sison/) is amazed by the 19-page letter written by the New York Workers' Compensation Board, denying authorization to a medical provider due to egregious past misconduct. He is joined by fellow Partners, Addison O'Donnell (https://loisllc.com/attorney/addison-odonnell/) and Meisha Powell, (https://loisllc.com/attorney/meisha-powell/) both of whom bring some interesting parallels to the RICO fraud cases brought in civil cases by Tradesman / Roosevelt Road. Applause is due to the Board for exposing truth; have a listen! What is “Third Fridays”? "Third Fridays" podcast is a live, 30-minute legal talk show from Lois Law Firm (https://loisllc.com/) featuring moderator Christian Sison (https://loisllc.com/attorney/christian-sison/). It is the original forum in which real attorneys discuss workers' compensation issues, share their opinions and engage in colorful conversations. The goal of the show is to showcase the diverse perspectives of the attorneys handling workers' compensation cases. Attorneys discuss case law trends, practical litigation strategies, and hot topics. Special Guests: Addison O'Donnell and Meisha Powell.

Caught between success and burnout? Partaking in hustle culture or taking business advice from mega-firms could actually be harming your practice. In this episode, Richard James reveals why imitating hundred million-dollar strategies won't lead to your dream law firm or lifestyle. Learn how to create a successful law firm business without sacrificing balance.Episode Highlights:Why $100 million law firm strategies might not work for youHow the way you do one thing affects everything in your firmEssential balance strategies for law firm ownersBuilding your law firm around your ideal lifestyleAction vs. accomplishment: Are you busy or productive?Ready to break free from law firm hell and become the CEO of your practice? Visit https://thelawfirmsecret.com to learn proven strategies hundreds of law firm owners use to reclaim control and thrive.

A legal complaint has been lodged against Qantas by an Australian law firm over the data hack that saw the personal details of scores of customers exposed. Qantas now says it's been granted an interim injunction in the NSW Supreme Court to prevent the stolen data of almost 6 million customers from being leaked.

What got you here might not get you where you want to go. And for many law firm owners, that realization is difficult to accept. In this episode of The Game Changing Attorney Podcast, Michael Mogill explores why the survival mentality that helps firm owners get off the ground often becomes a liability as they grow. From micromanaging teams to avoiding calculated risks, this episode reveals what it really takes to move from operator to strategic leader. Here's what you'll learn: Why the survival mindset that once protected you can now hold you back How to stop being disappointed in your team by setting clear expectations What it takes to stop reacting tactically and start thinking like a visionary Start thinking like a visionary so you can lead your firm to the next level. ---- Show Notes: 00:00 – Intro 02:12 – Kicking off with screen time, digital addictions, and phone habits 05:50 – How to stay focused with tools like Opal and scheduled restrictions 07:43 – A law firm owner shares frustration with team disappointment 08:25 – Why unspoken expectations are the root of resentment 10:00 – How to shift accountability back to yourself as the leader 13:11 – Strategic thinking versus tactical reacting 17:44 – Shifting from survival mode to playing with house money 23:38 – Wrapping up with a mindset check and final thoughts ---- Links & Resources: Opal App WHOOP App Maslow's Hierarchy of Needs John Maxwell Jesse Cole – Savannah Bananas Jerry Seinfeld's Productivity Strategy Robert Greene ---- Do you love this podcast and want to see more game changing content? Subscribe to our YouTube channel. ---- Past guests on The Game Changing Attorney Podcast include David Goggins, John Morgan, Alex Hormozi, Randi McGinn, Kim Scott, Chris Voss, Kevin O'Leary, Laura Wasser, John Maxwell, Mark Lanier, Robert Greene, and many more. ---- If you enjoyed this episode, you may also like: 138. Anthony Johnson — Industry Disruption is the Key to Survival 375. AMMA — Stop Being The Bottleneck: Lead Your Firm Without Being Needed 317. AMMA — Crushing Mediocrity: The Art of Setting and Meeting Higher Expectations

Title: What They Don't Tell You About Raising Capital (Until It's Too Late) with Ben Fraser Summary: In this episode of the Invest Like a Billionaire podcast, host Ben Frasier interviews Seth Bradley, the Chief Legal Officer at TribeVest and an experienced securities attorney. They discuss Seth's transition from a big law background to becoming a passive investor and then an active capital raiser, detailing the steps involved in his journey. Seth shares insights on private placements and syndications, emphasizing the importance of understanding legal documents such as Private Placement Memorandums (PPMs) and operating agreements. The conversation also highlights key trends and shifts in capital raising, particularly the emergence of the fund-to-fund model, which allows passive investors to leverage their networks without taking an active role in deal management. Furthermore, Seth talks about the services provided by TribeVest to simplify the investment process for both passive investors and new fund managers. They touch upon the current state of the alternative investment market, discussing the advantages and opportunities available amid economic challenges. Links to listen and subscribe: https://podcasts.apple.com/us/podcast/155-moving-from-passive-to-active-investor-feat-seth/id1587171662?i=1000652125962 Links to watch and subscribe: https://www.youtube.com/watch?v=oiRq38II33s&t=1047s Bullet Point Highlights: Seth Bradley's Journey: Transitioned from big law to passive investing, and now to active capital raising. Understanding Legal Documents: Importance of critically reviewing PPMs and operating agreements as an investor. Red Flags in Investments: Identifying key terms and clauses in legal documents that can affect investor rights and returns. Fund-to-Fund Model: Insights into how new capital raisers can operate without needing to be actively involved in deals. TribeVest Services: Overview of how TribeVest supports fund managers with a streamlined legal and operational framework. Market Trends: Discussion on the evolution and current opportunities within the alternative investment space. Advice for Investors: Encouragement to dive into the market now to capitalize on upcoming opportunities as conditions stabilize. Transcript: hello future billionaires welcome back to another episode of the invest like a billionaire podcast today's guest is Seth Bradley very fun to talk with him he's friend of mine for several years and he's the chief legal officer at tribe vest which is a really cool company if you haven't heard of them we actually had their CEO and founder on about a year ago but they're kind of doing a really new cool push that I'm going to talk about in a sec but his background he's a big law Securities attorney spent a lot of time in kind of   corporate world transition really to kind of becoming a passive investor invest a lot of syndications so he talks a lot about his journey making that transition kind of going to generate passive income Financial Independence but then he's actually shifted back to becoming an active Capital Riser and he's seen a lot of people make this transition that been investing for a little bit and now want to kind of activate their Network and some of the stuff they're doing at Tri bestest is making this really really easy for   people so it's a really cool interview we kind of hit a lot of his journey from his perspective as a Securities attorney what are some of the big things you got to focus on when you're reviewing legal documents what are the red flags yellow flags Etc and then he kind of shares a little bit about some of the things and the trends going on in the kind of private placement syndication and capital raising worlds that if you haven't heard about some of these ideas you definitely want to tune in and listen because it's pretty cool I'm   seeing the same thing on my side of things so you're going to enjoy this episode he's a very very sharp guy and a lot of great insights that he shared I think you're going to love this episode please enjoy this is the invest like a billionaire podcast where we uncover the alternative investment and strategies that billionaires use to grow wealth the tools and tactics you'll learn from this podcast will make you a better investor and help you build Legacy wealth join us as we dive into the world   of alternative Investments uncover strategies of the ultra wealthy discuss economics and interview successful investors looking for Passive Investments done for you with and funds we help accredited investors that are looking for higher yields and diversification from the stock market as a passive investor we do all the work for you making sure your money is working hard for you in alternative investments in fact our team invests alongside you in every deal so our interests are aligned we focus on macr   driven alternative Investments so your portfolio is best positioned for this economic environment get started and download your free economic report today welcome back to another episode episode of the invest like a billionaire podcast I am your host Ben Frasier and joined by a very exciting guest Seth Bradley I've know Seth for several years he is the managing partner at Ray's law and the chief legal officer at tribe vest and uh Seth and I have done some business over the years and different things he's an   attorney and uh a very experienced Securities attorney and even has his own podcast called the passive income attorney podcast and so he comes with a really unique perspective both being an entrepreneur investor as well as an attorney gives him some really unique insights in this space of kind of private placements alternative Investments and super excited to have on the show so Seth thanks for coming on man Ben appreciate it man we finally got around to to recording this really really appreciate it man yeah it was   kind of fun because we reached out a couple years ago and uh we're we're gonna do something that never worked out and then all of a sudden you're ready to do the podcast tour and Pops back up three years later so hey let's do good I'm I'm gay man so looking forward to doing this now so give a little bit of uh context for your background uh for those who maybe aren't familiar with you and just kind of what you do in kind of the areas of expertise that you focus on as an attorney sure man so I worked in   big law for about seven years um most recently at a top three globally ranked Law Firm um as a real estate started out as a real estate attorney made my way over to Securities um at that point um I started kind of getting that you know mo as most entrepreneurs do that feeling like you want to do something else you don't want to have all these bosses you want to get out there and do your own thing um but you know I'd worked pretty hard to get where I was so I wanted to make sure that I knew what I was getting   myself into um I'd already been working with Real Estate Investors and folks like that as my clients um started talking to them started talking to some of the partners in my in my firm about how they invest what they do um really Lear learned about you know passive investing um and making my way kind of to the equity side and that's really where I my journey began as a passive investor in in syndications so I invested in a number of those um and also invested actively you know I kind of did the the Bigger Pockets uh you   know path where I listened to Bigger Pockets I did a you know house hack I did fix and flips I did buy and hold single families things like that as well as past investing in larger Investments um and at that point I realized hey I've got this network of attorneys and other folks that I can raise capital from so I made my way from passive investor to active investor man so you've done done the the full circle here I love it so started Big Lot and your bio says you Clos billions of dollars in real estate   transactions over the past decade so you've you've seen a lot of deals um I'd be curious because you know a lot of people that maybe newer to real estate investing newer to Alternative investments in general and just the world of private placements they kind naturally think hey the only way I can do it is you know the Bigger Pockets path which is a great path if you want to go and you know do it actively and have a second job so to speak where you go and buy your own real estate and and fix it up or work with contractors to   fix it up but you went straight into syndications which in a lot of ways uh fits better for uh people that are working professionals and you know don't want to necessarily trade time for wealth building already have a great income uh generator through the their job or their business and they want to just redeploy that into syndications so what was kind of the journey for you understanding the world of syndications and really with your background um insecurities law and how did you kind of get comfortable with that and what was   the Journey For You diving head first into syndications early on yeah I mean you really have to have skills uh money or time that those are the three things you can really offer right so it depends on how much of each one of those you have as to what your investment profile should look like and what you should get started in um I was actively wanting to participate in deals from the get-go but I did already have exposure from my real estate uh real estate practice to syndications and and watching other   people raise Capital knowing that those types of Investments are out there so I think I had an advantage there because prior to that I had no idea the only thing I knew was kind of that Bigger Pockets path it's like okay well house hack into a single family or dup or a duplex and then rent the other side out and then Fix and Flip This or wholesale that um I didn't really know about syndications other than through um my my law practice so I think I had that Advantage um get getting that exposure   and being able to transition to that quicker yeah talk a little bit about I mean your podcast is called passive income attorney and your your big goal is passive income and what was really kind of the idea behind that or why was that your primary goal and what does that mean to you yeah I mean the idea behind that was to be passive and I think we kind of as entrepreneurs we go back and forth I think we all want to end up on the completely passive side eventually but sometimes you don't get there as quickly   if you don't go on the active side for a little bit and I think I'm I'm seeing that a lot myself I did that I started investing passively and now I went to the active side as an active syndicator as a fund manager raising capital and participating in deals even on the operational side um because you can accelerate quicker that way if you the more time and effort that you put in the faster you can accelerate now a lot of folks out there especially pive investors listening if their doctors dentist lawyers they don't have time for   that so they need to invest passively that's probably the best use of their time because their highest and best use of their time is in their career being a doctor a dentist a lawyer an engineer where they're making a lot of money in their active income it doesn't really make sense that for them to start a fix flip business or wholesale business or even a syndication business really out of the gate until you figure out what what you want to do it makes more sense to take that active income put it into   passive investment vehicles that don't take any time away from your practice Yeah I love that what' you say there's you you one of three things skills time or money right and so one of those you're going to be trading to generate more passive income or wealth and wherever you're at in the Spectrum and where you're willing to kind of trade for for that invest I love that it's very uh makes a lot of sense so talk a little bit you know I want to get to what you said this in the minute kind of transitioning kind of bluring the line   of going back and forth between passive and active I think this is really interesting I've seen the same Trend but before we get there you know a lot of a lot of our listeners you know that are maybe newer to syndications newer to passive investing they um get a little bit shell shocked when they see a PPM or a set of legal docs to review for a deal and they they don't know what should I be focusing on what should I be looking for what are potential red flags or yellow flags and you know from your perspective and   I'm sure you probably saw a lot of things early on they like okay that's interesting or um you know making that transition you already had a leg up uh given your background but what are some kind of key things that you know maybe even coming into it you already had a leg up but now even 10 years later down the road have learned and things that you said you know hey this is way more important than I thought it was originally from from a pure passive standpoint because I think that's a roadblock for a lot of people yeah yeah   and you know it's intimidating right when you get that first PPM which is going to have exhibits to it and the exhibits are going to be an operating agreement subscription agreement maybe um maybe some marketing materials a business plan things like that you're looking at at least a 100 page document maybe it's 200 pages and if you're not a lawyer and used to looking at 100 page documents that is intimidating you're like what am I supposed to do this is going to take me you know this is like a month's worth reading if I'm actually   going to read this thing and really most past investors don't read it um but you should I mean you should at least start reading them um because it gets it gets easier and easier to read because they're all going to be very similar they're all going to have a similar structure and similar pieces and things to look out for I think one really important thing and you might not be able to do this the first time but you can start um kind of thinking about it but just really matching the PPM to the oper room because the PPM should really   be um kind of a a summary so to speak of the operating agreement because the operating agreement is the meat of what's actually going to be the the terms uh within that LLC within that investment and at the end of the day if something goes wrong or not even goes wrong but if there if there's some sort of um agreement or disagreement that needs to be figured out you're going to look at the operating agreement not necessarily the PPM to figure out uh what the next step is what is the mechanism for fixing this problem so you   know just making sure that the people PM accurately reflects what the operating agreement says is very important and and then taking a step further that the operating agreement and the PPM match what the lead sponsors are telling you let's say in the marketing materials or the webinar like just making sure that there's a clear picture between all the marketing materials the webinar um and the legal documentation is really important and sometimes if it doesn't make sense or there are certain terms   that don't match up you know maybe they're not as meticulous as they should be and you need to look elsewhere that that's a really important thing to look out for um kind of coming back to your question you know when when you're first starting as a passive investor all you're really looking at is the returns right you're comparing kind of your projected returns in this deal to your projected returns in this other deal and you might get a 2% more irr return projected in this one than that one so   you're going to go with this one but at the end of the day those are just projections right those are just projections and those can be manipulated those are based on assumptions from the lead sponsor and those are not the most important things the most important things are the the sponsor and their track record what they've done how they've performed um and you know the market and the deal itself but just those projected returns can be manipulated so that's really you know it's important at the beginning or at   least you think it's important and then later on you become a more um wiy vet in passive investing you'll realize it's not as important as as as some other things like hey are your fees aligned things like that like what are the Voting Rights like how what if something happens and the manager is doing a terrible job how can you possibly get them out like what are those mechanisms um what are the mechanisms for a capital call when things go wrong what what happens those are the those are the more   detailed things and the nuances you need to look at as a past investor rather than just looking at the projected returns that's a lot of lot of good nuggets right there you just listen to that skip back a few minutes and listen to it again because that's really good I think you're so right right if it just it can feel intimidating to look at a 100 page 200 Page document and where do I start but just start at the beginning just start reading it it just got to skim read it skim read it and just the more   you get familiarized with um these different document sets the more they all kind of seem similar over time and you can kind of notice the the things that are common among different deals and then you also kind of notice the things that pop up as oh that's kind of unique or that that's kind of different than what I've seen in other deals and that's maybe outside of the norm um and just kind of getting familiarized with it you're going to pick up a lot on it but I think you hit a few of the sections that I think are really   important that a lot of people kind of glaze over because if you're getting just looking at the here's the irr projection here's where turns are going to be like you said there's uh a lot of assumptions that go into what those numbers are derived from and you know I always come back to my banking background you know risk adjusted returns right because every element of uh every deal you know whatever return you're projecting there's different levels of risk and if you're you know taking a lot more risk in a particular   deal or strategy or structure the same level of return it's it's not Apples to Apples right and so understanding what that is from a deal standpoint but there's also risks uh some of the points you made within the legal structure and so he's saying go straight to the operating agreement as a starting point because that's ultim timately what's going to govern the the deal and the mechanisms for potentially firing the sponsor as a manager or like you said the capital call and the waterfall section understanding how does do   profits flow through the entity and what are the splits between them what are some things that maybe 10 years down the road now invested I don't know how many deals you've invested in passively but you look back you're like oh man you know what I I read that section and you know I kind of knew that maybe was a little outside the norm but I was so excited about the deal didn't really wasn't too concerned about it now looking back like oh man now that was that was a good learning experience because now you know maybe I can't vote   out the manager or you know different things that you would say looking back are more important that maybe you put weight on in the front end and maybe some examples of um you know especially right now I think a lot of a lot of deals that people invested over the past few years you know unfortunately are requiring Capital calls or are kind of headed in a direction that may not be good and um you know maybe it's the fault of the operator maybe it's not but if it is a fault of the operator What mechanisms do you have and what voting   rights do you have as a passive investor and talk a little bit about that because I think that's going to be very relevant especially over the next few years is sure certain older deals are kind of not hitting the projections they thought originally yeah I mean I think I already touched on most of them from a high level but like for instance um voting out the manager like if the manager is doing something um fraudulent or misrepresented what they were doing or you know really just doing a terrible   job is probably not a reason enough to get them out but it could be um if it gets to a certain certain point um but that's really one thing to to look for to see like what the mechanism is like does it take a unanimous Vote or does it take a majority vote or does it take a majority or super majority of each share class each membership class within the LLC so it it and typically they're set up so it's really difficult to get the manager out right because the lead sponsor is going to be the manager and   they're the ones that are going to be making all the decisions and they don't want to lose control so they wanted to make it as hard as possible um and still make it legal um to stay in that seat and not get voted out so you know you will see some pretty onerous um Provisions within the operating agreement to be able to get them out but there should be a reasonable way to do it whether that's a super majority vote perhaps that's that's reasonable so super majority vote um in the event of a misrepresentation fraud you know any   sort of like bad boy act by the the manager or if their bad performance reaches the level of you know negligence or something like that there just needs to be a mechanism to get them out that's that's just one example when you had mentioned Capital calls as well so Capital calls it's like what is the mechanism when the LLC or or the syndication needs additional operating expenses to survive what what is the mechanism to do that like can is the first step to actually do a capital call and is that Capital Call Mandatory   meaning that the investors have to participate um on a proat a basis or that's not typical so if you that's one thing to look out for if it is mandatory that you do and and if you don't then you're basically out or you lose uh you know an unreasonable amount of your Equity if you don't participate then perhaps that's a red flag right like if you don't participate um well I should say the capital call should be optional and if you don't participate that's okay um but you will most likely be watered   down your Equity will get watered down on a prata basis rather than something above a pro basis right so that's an example you're saying of if it's required which is uncommon right that that's that's a red flag potentially um or if you get diluted a higher than the proat mount is another another negative and you're exactly right I mean I think you know part of this is when you're when you're investing passively you're you're giving up control of of operating the deal to the sponsor right is so that that's kind of   the the trade-off is you're hiring experts you're investing with experts that hopefully know what they're doing so that you don't have to be doing the day-to-day stuff and so it can be difficult to replace managers and and uh you know have uh impactful voting rights uh that can change the outcome unless there's fraudulence or negligence but I think it kind of goes to the point too of understanding what these kind of parameters are and what's normal and then also like I think you can pick up a lot of what you're saying and just the   congruence between PPM the operating agreement the the offering memorandum the webinars and um and then really the alignment of Interest right because if ultimately if the sponsor stands to lose alongside the investors if they're not just getting rich just off of fees and you know does they don't have a whole lot of skin in the game then ultimately it might not be you know a great deal but if they have a lot of lot skin in the game and even if it's written in these certain ways it doesn't necessarily mean it's a bad a bad   investment so okay love it get a little bit in the weeds there for for some people and if this is you know um newer to you I I definitely encourage you um to just start this you know opening up the bpms or reading them and you're going to pick up a lot by doing that and then just ask questions right and I think it's a great thing too that if you're reading the PBM and reading operating agreement to ask questions of the sponsor and that's usually pretty indicative of one how well do they know their own documents and to how willing   are they uh to address certain questions that maybe maybe concerns to you right and I think you can actually get a really good sense of um how they and how they respond of of what that interaction is going to be so love that thanks for some of that Insight Seth I'd love to shift a little bit uh you mentioned something earlier I I wanted to come back to is you you kind of you have said before you the future of capital raising is kind of Shifting and evolving and I think a lot of people are realizing and   I've seeing the same thing too right I'm a a coach and you know masterminds for Capital risers and this fun to fund model is becoming very popularized and people that maybe think oh I'm not really a capital Riser or you know that's that's not my you know what I've learned to do went to school to do or whatever or realizing hey actually I've been investing passively for a while I have a pretty great Network because I'm around a lot of accredited investors I've done enough to kind of know a good amount and   I can actually turn this into a business right and so talk a little bit about what the fun to fund model means and maybe someone that's in that boat where what you said is I think I'm gonna go 100% passive but then you know you're also learning a lot along the way and you have a a network that maybe you can activate and also raise capital and get get paid to do it compliantly that's right and and you said it and I'm seeing it time after time where past investors they invest in a number of deals and and   you know folks that are investing in these deals typically have a little bit of money and they probably have friends that have money as well and their their friends start asking them about the deals that they're investing in um and they start thinking hey you know what what can I can I get paid can I have a is there a business here that I can develop that I can build um by bringing in all my friends and family that might also be wealthy might be able to put these These funds together um and invest   in the deal together um you can certainly do that but you start to run into lots of Securities lots of rules and regulations that some people know about and some people don't you'd be surprised uh um that you know you see people out there raising capital in ways that they shouldn't do it um but what's great about the fund of funds model is that you know you're not a what's called a CP so you're not an active partner with the lead sponsor that's kind of the I'll call it the old way and I you know   I've been saying that the CP model is dead just to kind of put it out there that um you know we shouldn't be raising Capital with lead sponsors and then not doing anything else not participating in deal and and having an active role if you're a true cgp you need to have an active role in in the deal and that's kind of what deters um passive investors and doctors and dentists and lawyers and people like that that already have a career they don't want to take an active role right like they don't want to do   the asset management or manage the property manager or talk to tenants or anything like that and that's where the fund of fund solution comes in the fund of fund solution is really creating another syndication or another fund um that invests into the lead sponsor syndication or fund and that's where the name fund of fund comes from now traditionally the issue with that is well it does come with responsibilities for the fund manager they they have to put the deal they have to put their own fund together they have to put their cap   table together open a business banking account form an LLC get a Securities attorney um you know manage their investors manage their distributions do taxes all those sorts of things and so it turns into an active business and on top of that it's expensive because we are creating a second syndication a second fund to invest in that uh lead sponsor Target Fund um so that's the the problem that's always been the solution the fund of fund has always been the right solution but those problems that I   just mentioned are why it hasn't been widely adopted but you're seeing a big shift in the market as we're able to provide a more affordable option and a and a solution to bringing all those different services that a fund manager would normally have to go out and get themselves and putting it into a package yeah that makes a lot of sense and so like we said we're seeing the same thing where people are um they've been investing they they like what they're doing they have their friends and their family asking about the different deals   they're doing and then they have thought well hey I mean that's I can make money doing this and what most people have done historically is cgp model and for those that are unfamiliar with that is basically you raise money directly into the lead sponsor syndication or entity and then you get uh granted certain General partner shares for doing that but and you're the you're the attorney so I'm I'm gonna say at a very high level as I understand it by by doing that you are um uh well you can't raise   money and get paid for it unless you're a registered broker dealer unless you're General partner and uh are continuing to operate the uh the deal the business and have an active role in it but most people that are just raising capital or just want to raise Capital as um you know on the side of what else they're doing that's not a realistic expectation so what what we've seen I'm sure you probably see a lot more than me is these different uh uh folks that are raising capitalist cgps and then you know this   this new SP has about 10 different CPS on the list on the roster here and it's pretty hard to make an argument that they're all actively participated in managing the deal because you just don't need that many people right if it's the same deal and so then you kind of run into compliance risk and you just you don't want to mess with that I mean that's that's just let's leave it there and so the fun of fund model has always been around it's basically you create your own fund and as your own fund manager you're exempt from um uh some of   these uh securities issues to basically raise capital from your investors into your fund then that fund invests into the uh kind of the mothership fund or the the lead sponsors fund and by doing that you um you know it's you're in the in the you're not in the gray area anymore where it can kind of be um maybe not great from a compliance standpoint and the challenge as you mentioned though is it can be expensive maybe it's a little complicated to know how toell up and I'm not really a professional fund manager   how what do I know um but that's that's what you're doing now at triest and we've had Travis Smith on the podcast before so if you haven't listened to that episode um it's probably a year or so ago we'll put the put the link in the show notes because it's a um a great episode talking about tribe vest and what what you guys are doing really trying to from my perspective simplify the access and the kind of backend back office functions of um both for Passive investors and for fund managers to continue to increase   access to more to more deals so talk a little bit about kind of what you guys do at at tribe vest and to kind of help people um you know both from a passive standpoint that's want to direct the investors past investors that don't really want to do it as a business but then also kind of the new fund manager programs that you guys are putting together to help people that want to kind of activate their Network want to you know use this as a way to make money and um do it without having to be an expert in all the the backend side of   things absolutely at at Trio I'm the chief legal officer for tri best I help create the fun to fun product that we have out there right now it makes it simple TurnKey and affordable for anyone to really start a capital raising business um all those things that I mentioned before opening your business bank account um starting your LLC drafting your offering documents um getting your EIN onboarding your investors creating your cap table doing your distributions doing your taxes all those things you normally have to put   together and find different uh platforms and different people like attorneys and CPAs to help you out and put those put the the fund of fund together we do that we put it in a fund of fund we call it a fund of Fund in a box it's really a Lego block that you can use and invest in a deal like with Aspen if Aspen has a fund you can create your own fund you try best bring in your five or 10 uh best friends that want to put in some money you can carve out a piece for yourself so you actually get paid a fee a front   maybe you get paid a fee um during the uh hold period and then perhaps you get a percentage of the equity on the back end so it can be a very lucrative business for someone to get started and because triest makes it so easy to do it meaning put all these different services and things together for you it it really anyone can do it yeah that's so cool and we we've worked with you guys and have seen it in action and you know to say f Fund in a box sounds almost uh trite because it sounds like can you really do   that but it's it's cool because you guys have have solved it and and not only have you solved it but it's also pretty cost- effective right I think one of the big challenges with the fun of fund is generally you can invest if you kind of pull Capital together in a fund you can invest at better terms with a sponsor so you can have a little more margin that you can kind of get paid from and your investors still make the same returns um but if you have a lot of legal costs a lot of ongoing um kind of portal and   back office expenses and tax returns everything else then it gets kind of expensive and eats away at the margins that you know you're hoping to to use to pay yourself so you guys have kind of Crea a really streamlined um kind of off-the-shelf product that can fit majority of of offerings and make it pretty easy right that's right it gets really difficult to make it work that's again the fund of fund like we've talked about it's always been a solution it's just really expensive and really hard to put   it together um especially for someone that that isn't a professional Capital Riser um that just wants to put together $500,000 a million a million5 something like that it it it doesn't even make sense cost wise in the old way of doing it you're going to pay a Securities attorney minimum of like let's say 15,000 maybe 20 maybe $25,000 to put one of these together maybe even more I used to work at a big Law Firm where it cost $75,000 it's crazy the expenses that add up and that's just the legal piece that   doesn't include all the back office administration things that we talked about doesn't include um engaging with a CPA to do your taxes it doesn't include all those things that's just the legal cost by itself and tribe best has made it super inexpensive to be able to do this and to be able to do it time and time again so it works with a $500,000 raise it works with a million dollar raise you don't have to raise $20 million to make it work from an affordability standpoint yeah that makes sense so do   you guys also have like any kind of education or different coursework to help people that are you may want to make the transition of like yeah I think that that sounds like something I could do I my friends are always asking me what what I'm investing in and it wouldn't be that hard to go get five 10 friends to go and invest and create a fund and you know but they just don't they've never done it before they never thought about it till just now so right you guys have I know you're really more given the solution but do you also have   like any kind of education or do you have resources you guys can point people to to learn more about what does it look like to you know what what's what's the process you have to go through to um kind of go from idea to actual uh you know making a fund yeah yeah I'll tell you we don't have any formal legal or sorry formal educational things out there at the moment but we are working on that um but we have made it so simple that we can jump on a zoom call with anyone that that's in is potentially   interested in being a capital raiser and putting together a fund of fun and walk you through a pitch deck and it should be pretty clear what you need to do because we handle basically everything you you put together your investors you put together your terms and how you're going to get paid and then we'll be able to do kind of all that back office all that legal all those things that you don't want to know or don't want to do we handle all it yeah makes sense awesome well kind last question I just   love to get your insights on just the market in general for Alternatives and and private placements and you've obvious been in this space for over a decade and we've been in the space for about 11 years now as as an operator and it just feels I mean it's it's already been the amount of capital that's kind of come into kind of private Equity into real estate into private placements in eneral it's totally shifted the game but it also feels like we're still kind of early Innings right it still feels like   people are just discovering this for the first time and and even the conversation we're having of you know um activating people to raise Capital right in a compliant way that's just an easy way because you guys are creating a system that just reduces friction to continue to increase more Capital to come into the space like do you feel the same thing are you seen I know there's kind of some potential proposed regulation to you know increase the requirements for accreditation and you know there's   always a battle going back and forth on on that but what's kind of your sentiment just at a broader level of just the alternative kind of private placement space in over the next 10 years yeah I mean I'm I'm bullish right like we're we're kind of in a little bit of a lull right now um you'll hear that capital's a little bit harder to come by investors are holding on a little bit tighter um but that's because there's actually deals out there right now I mean said right now is actually a great time to invest right now is a great time   to invest because prices are are depressed a little bit um investors are a little bit reluctant to invest um there are less buyers in the market because a lot of them are getting kind of washed out um but there are some properties coming online through foreclosures through things like that this is where you know when you talk about during good times you're like oh man I cannot wait until there's blood in the streets and I'm going to pounce on it I'm want to pounce on those opportunities that time is right now it   it's not it's not you're you can be waiting on the sideline for years and you're gonna you're gonna miss it it's right now right now is the time to to figure out how to invest how to raise Capital how to do deals how to make them work because right now it's difficult to make them work that's that's the truth of it right now is the time to act and you're going in five years from now for instance you're going to look back to this time and say man I wish I would have got started because we're we're   we're going to be in the upswing again very soon totally no I was just uh I was a one of the guys I follow who's been in real estate for a long time he was talking and reminiscing about he bought uh I think he said three dozen single family homes between uh 2009 and 2011 right and he's held on to them since then and you know looking back he's like the only thing he wishes he did was buy more right because it's but at that point it was you know everything was on sale everyone was like real estate's over and it's it's so hard to   be contrarian I think it's Warren Buffet this said be uh you know fearful when everyone else is greedy and greedy when everyone else is fearful right it it's it's a simple idiom that makes sense but it's really hard to do and right now we're kind of in that that time where investors are reticent there's a lot of pressure on deals right now that's kind of creating a great buy opportunity you know we're seeing I know you're seeing it and uh you know I think I agree with you I think it's a great time to be to   be jumping in right now and uh Seth thanks so much for coming on man what's what's the best way for folks to get a hold of you and learn more about uh your law firm uh raise law and try vest if they want to learn more about what that looks like for sure uh the best place where I keep all my links is Seth Paul bradley.com um you'll have links to try best there links from my uh law firm and social media it's all posted on there okay we'll put that in the show notes and definitely appreciate you coming on   today set it awesome all right Ben appreciate it [Music] [Applause] [Music] man Links from the Show and Guest Info and Links https://www.youtube.com/watch?v=oiRq38II33s&t=1047s https://www.instagram.com/p/C5mNnwsv2fs/  https://aspenfunds.us/private-credit- https://www.investwithaspen.com/free-economic-report https://www.linkedin.com/in/benwfraser/ https://www.linkedin.com/company/aspen-funds/ https://www.instagram.com/aspenfunds/   Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en

Welcome back to Truth, Lies & Work, the award-winning podcast where behavioural science meets workplace culture — brought to you by the HubSpot Podcast Network, the audio destination for business professionals. Hosted by Chartered Occupational Psychologist Leanne Elliott and business owner Al Elliott, this is your Thursday deep-dive with a workplace expert.

In this episode of the Array Digital podcast, Kevin Daisey is joined by Nick Werker from Answering Legal to unpack one of the most overlooked drivers of law firm success: intake. Learn why your law firm might be losing valuable leads—not from bad marketing, but from a broken intake process. Nick shares practical advice on implementing empathetic, tech-powered intake systems, the risks of poor client interactions, and how to improve conversion rates using tools like call tracking and AI chatbots.   Today's episode is sponsored by Answering Legal. Click here to get started with your 400-minute free trial!    From small solo firms to growing legal practices, this episode is a must-listen for any lawyer who wants to stop leaking leads and start growing smarter. Chapters (00:00:00) - How to Build a Managing Partners Podcast(00:00:47) - How Important is Intake for Law Firms?(00:07:42) - How to Improve Your Law Firm's Internal Processes(00:12:55) - Answering Legal(00:16:59) - A Chatbot For Estate Planning(00:22:00) - Lead Generation 101: Chatbot for Lawyers(00:27:36) - How to Build a Good Brand with Your Law Firm(00:32:57) - How to Improve Your Firm's Service(00:38:14) - Small Law Firms: Accountability(00:41:03) - How To Get Out of a Contractual Lockdown(00:44:43) - Interviewing Legal Guy

What happens when a former law firm CMO and Uber's head of legal ops pulls back the curtain on the business of law? In this episode, Tyler Finn sits down with Ken Callander, Managing Principal at Value Strategies, to explore the evolution of law firm pricing, the rise of AI, and how in-house teams can save millions by shifting to value-based fee arrangements. From the politics of partnerships to actionable strategies for better outside counsel management, Ken brings unmatched candor and clarity on how legal teams must adapt in a rapidly evolving landscape. Read detailed summary: https://www.spotdraft.com/podcast/episode-108 Topics Introduction—0:00How Law Firm Business Models Drive Political Risk-Taking and Brand Fallout – 01:49Inside the Law Firm Model: Power Partners, Payout Structures, and Why Change is So Hard—09:02Challenges with hourly billing and how law firm economics are misaligned with client value—16:32Why Ken left the law firm world for legal ops at Uber—26:34Moving to value-based pricing and how it impacted Uber's legal spend—30:10Why predictability in pricing is often more important than savings—34:21How AI is disrupting law firm pricing, staffing, and the associate career path—37:33How In-House Teams Can Improve Law Firm Relationships, Reduce Spend, and Drive Change—49:14Rapid-fire questions—56:25Connect with us:Ken Callander - https://www.linkedin.com/in/kencallander/Tyler Finn - https://www.linkedin.com/in/tylerhfinnSpotDraft - https://www.linkedin.com/company/spotdraftSpotDraft is a leading contract lifecycle management platform that solves your end-to-end contract management issues. Visit https://www.spotdraft.com to learn more.

The Lawyer Stories Podcast Episode 230 welcomes Howard Ankin, Owner of Ankin Law and a prominent personal injury attorney in the Chicagoland area. A third-generation lawyer, Howard reflects on growing up in a family deeply rooted in the legal profession, often spending school breaks accompanying his father to court. Many of his clients today are children and grandchildren of those his father and grandfather once represented. Howard shares how he found his own path within the legal world, building a practice centered on personal injury, product liability, and mass torts. With a deep passion for justice and an unwavering commitment to his community, Howard has dedicated his career to continuing the Ankin family tradition—providing trusted, compassionate, and superior legal support to those in need.  This is a powerful story of legacy, purpose, and a lifelong devotion to the law.

Title: 20 Brutal Truth Bombs I Wish I Knew in My 20s | Part 1 Links to Watch and Subscribe: https://www.youtube.com/watch?v=DHW8jd2YpRw&list=PLSfheWyV7beFqERLX4ebBUJ4SmzmF6z8e&index=6 Bullet Point Highlights: “Follow Your Passion” is Bad Advice: The speaker argues that pursuing passion without developing relevant skills leads to wasted time and frustration. No One is Watching: The fundamentally liberating realization that most people are too engulfed in their own lives to scrutinize your choices. Growth Comes from Discomfort: Becoming comfortable with discomfort is essential for personal development. Work-Life Balance is a Myth: Prioritizing your energy according to the season of your life is more crucial than trying to achieve an impossible balance. Failure is Feedback: Instead of being paralyzed by the fear of failure, view it as an opportunity to learn and grow. Not Every Opportunity is Worth Chasing: Recognizing distractions that do not align with long-term goals is vital for sustained progress. Take Risks While You're Young: The speaker advocates for seizing opportunities and taking calculated risks early in life when responsibilities are fewer. Transcript: (Seth Bradley) you've been fed lies your entire life they told you to follow your passion wait for the right time and keep everyone around you happy does that sound familiar well I'm here to tell you that's all Bs those ideas aren't just wrong they're keeping you broke stuck and miserable at the time of this recording I'm 41 years old even though I was moving forward educationally getting my MBA and law degree during my 20s I was also wasting my time and health Away by partying chasing women and caring what other people thought about me today   I'm dropping 20 truth bombs that no one else wants to say out loud this isn't your typical motivational stuff it's raw it's real and it's going to make you uncomfortable and that's the point if you want a life worth living it's time to wake up and stop playing by the rules that were designed to hold you down if you want to be average turn this off now if you want to be exceptional buckle up by the time this video ends you'll have no excuse to keep living small this is the advice I wish someone had told me   when I was in my 20s even if I were willing to listen so pay attention because if you're serious about winning these 20 truths will change everything let's go all right let's start out with a banger finding your passion is trash advice Follow Your Passion has to be the dumbest piece of advice out there you know who says that broke ass dreamers who've never actually accomplished anything let me tell you why chasing your passion is is a one-way ticket to wasting time and frustration you don't need passion you need skills a plan and   the ability to solve problems people will actually pay for you're not born with some magical purpose you're supposed to uncover that's Disney what works in real life is developing a skill set becoming so good they can't ignore you and then using that leverage to build something meaningful and guess what when you get really good at something and you get paid a lot of money to do it suddenly you've got a passion for it passion follows success not the other way around you know I skipped around from exercise science to   medical school to business school to law school asking myself the whole time what's my passion never could find it and I'll explain when I started in law school I wasn't passionate about Securities or real estate law and even still I hated working at a big stuffy law firm with a million bosses with every 6 minutes accounted for sounds miserable and it was but I did see an opportunity I learned the game I mastered my craft and I built my reputation now I get to call my own shots I'm building businesses with a   basis of Highly valuable knowledge and skill sets that people will pay a ton of money for more specifically legally raising capital for Real Estate well now it's my passion if I just Chase my passion I'd probably still be broke chasing my quote unquote dreams that wouldn't pay me passion doesn't create success skills do build something meaningful valuable and get paid properly to do it and I promise you that you'll find your passion and the freedom that it gives you stop waiting for inspiration and start creating   opportunities number two no one gives a what you're doing here's the cold hard truth no one is watching you as closely as you think nobody cares what you're doing it's called the spotlight effect look it up and really it's a bias that you believe that people are paying more attention to you than they really are most of us waste so much time worrying about what other people think of us but let me break it to you people are way too busy worrying about their own lives to care about yours that business you're   nervous about launching that big risk you're afraid to take because you might look stupid too nervous to talk to that girl at the bar look nobody's thinking about it as much as you are so stop holding yourself back it's all you if you fail no one will notice or even if they do they'll soon forget look I used to worry about what other people would think I used to think about what would they react if I left big law and shifted to real estate or started my own business but the second I did it I realized that nobody gave it they were   too focused on their own lives they've got things to do they don't care what I'm doing they don't care what you're doing so free yourself from the illusion that the world is watching nobody cares so do what you want to do live your best life get out there take some chances take some risks no regrets baby number three get comfortable with people not liking you I know it's a hard pill to swallow for some of us more than others but not every every one is going to like you and you've got to get comfortable   with that being okay in fact it's a good thing trying to please everyone is the fastest way to lose yourself some people aren't going to Vibe with you no matter what you do your opinions will piss them off your success will make them jealous and your authenticity will make them uncomfortable but don't worry about it get comfortable with it guess what that's their problem it's not yours you were not put on this planet to make every one happy you were put here to live your life and do your thing the   right people will support you and the wrong ones will fall off and you're going to be a better person for it and you're going to be better off because of it when I started sharing my journey online I got a lot of criticism I was very uncomfortable doing it people were saying you know what are you doing why are you doing a podcast why are you leaving law are you crazy but the more I stayed true to myself and the more I attracted people who understood my vision the rest honestly totally irrelevant it's a little bit of   short-term pain for some long-term gain so be you no matter what the people who matter will stick around and the ones who don't let them go four your comfort zone is slowly killing you the most dangerous place to be isn't Rock Bottom it's your comfort zone Comfort zones feel safe but they're just sand traps nothing grows here no progress no change no success the longer you stay comfortable the harder it becomes to break out it's easy to be average it's easy to accept your weaknesses and it's easy to collect a paycheck every 2 weeks   it's hard to be exceptional it's hard to turn your weaknesses into strengths and it's hard to take big risks but growth comes from discomfort pushing yourself taking risks facing challenges and if you're not at least a little scared or uncomfortable you're not growing and you're not doing it right and if you're not growing you're dying I'll tell you about something that makes me extremely uncomfortable you know what I'm kind of doing it right now not long ago like many my biggest weakness was public   speaking or really just speaking generally it doesn't even need to be in front of a ton of people it can be in front of a camera it could be in front of a handful of people introducing myself I mean I would nearly have a panic attack just having to introduce myself to a room and I hated that about me but did I just accept it and did I avoid it honestly for a little bit I did and then I said look if you want to grow you've got to learn this skill and you've got to get better at it so I launched a podcast I accepted speaker   invitations and I took every opportunity possible to make myself uncomfortable and now I've turned it into a strength and was tough because when you get asked that question hey do you want to do this do you want to speak do you want to have this meeting my first inclination no but then I thought to myself yo let's get uncomfortable and I respond yes every single time until I got good at this Comfort zones kill dreams step out take the risk and watch yourself transform number five work life balance is a myth   we've been told a lie your whole life work life balance it does not exist and if it does man it's not for you I know it's not for me chasing it's only going to make you miserable life is not about balance it's about priorities some Seasons you're going to be grinding some Seasons you're going to be sacrificing sleep weekends relationships and build your dreams instead other Seasons you'll have time to celebrate and enjoy but there's no balance here if you want to be super successful your balance is   going to be way over here and then it's going to maybe swing back here later on and then way over here and then swing back staying right here this is that comfort zone that I talked about avoid it trying to balance everything equally every day it's a recipe for Burnout the anxiety that it creates just by trying to stay right center it's going to kill you the people who suceed Ed know when to go all in and when to take a step back balance isn't about splitting your time perfectly it's about putting your   energy where it matters the most at that Optimum time for example right now I'm in grow mode I'm completely unbalanced I'm scaling three startups to nine digigit companies while also running my old businesses running my Law Firm investing in real estate growing my brand balance is out the window right now the grind though is temporary and I've conditioned myself to love it I know at some point I don't know when that is it's going to swing back and I'm going to be able to enjoy myself and I am actually really good at taking a   vacation putting things on the side keeping things moving forward but also taking a break but balance isn't something you find it's something you create over time by being intentional with your priorities number six failure isn't fatal you know what pisses me off watching people treat failure like it's some kind of terminal disease it's not failure doesn't kill you your fear of it does so let's talk about why you need to stop being a little about failing here's the hard truth failure is inevitable and you need it you're going   to fail you have to have it to succeed you're probably going to fail a lot nobody who's actually successful ever got there without face planing first Michael Jordan you know got cut from his high school team maybe he was a freshman going out for uh Varsity whatever Steve Jobs fired from his own company failure is feedback remember that failure is feedback so instead of crying about it learn from it and keep moving I've had tons of epic failures I've dropped out of medical school I got fired from a   multiple sixf figure job on New Year's Eve I raised exactly 0 from investors for a real estate project at those times I felt like it's the end of the world but you know what failure was the best damn thing that ever happened to me it forced me to look in the mirror be humbled learn improve and then the next time with a chip on my shoulder so what's the lesson here failure isn't the end it's the beginning if you're too scared to fail too scared to to succeed stop playing it safe take the leap when   you fall you'll be fine get back up and let's go number seven not every opportunity is a good opportunity opportunities are like shiny objects they're distracting you and most of them look good at first glance but not every shiny object is worth chasing some will drain your time energy and your sanity faster than a toxic relationship the truth is good opportunities align with your goals and your long-term Vision the bad ones they're just expensive distractions in Disguise don't confuse movement and being busy with progress   the more successful and experienced you get the bigger the opportunities you're going to have to turn down 15 years ago I would have killed to have an opportunity to partner with someone anyone on any real estate deal today I turn them down daily I don't even look at anything that doesn't align with my long-term vision and my goals no matter how big the opportunity is if it's a distraction from my long-term strategy it's a no for me dog saying no to the wrong opportunity frees you up to say yes to the right one when it comes along   you've got to get comfortable with saying no that is an expensive lesson to learn your future saying no to the wrong opportunity frees you up to say yes to the right one when it comes along you've got to get comfortable with saying no that's a valuable skill the ability to say no your future self will thank you number eight don't wait for permission or approval if you're sitting around waiting for someone to say all right go ahead you can do it now playing the wrong game let's get real the only   person who needs to approve your dreams is you not your parents not your family not your friends not your significant other or you should have chose better waiting for someone else's permission is just another way of procrastinating and it's a one-way ticket to the Comfort Zone don't need a committee you don't need a cheerleader you don't need a green light what you need is the balls to start and you don't need anybody clapping for you when I started my first gym while working at a big Law Firm   everyone told me I was crazy what if it fails why are you doing this how will you have time but I didn't need their permission I didn't need their approval I didn't need their green light I just needed the confidence to bet on myself and guess what it worked so stop waiting for approval that's never coming stop listening to people who are less successful than you want to be take control make the lead and prove to yourself you can do it green light baby number nine you've heard this before but this is so true comparison is is the   thief of Joy scrolling through someone else's highlight reel is the fastest way to hate your own damn life let me tell you why comparison is a disease and how to cure it we've all done it we've looked at someone else's car or their house or their career or their girl and thought why not me or man they got really lucky what do they do it but here's the thing comparing yourself to others is a losers game because it's never a fair fight you're comparing their curated Picture Perfect moments to the raw unedited life that you live   every single day social media is fake even still their success does not equal your failure there's enough room for everybody to win it's abundance mindset I couldn't even imagine growing up in today's social media environment we did so much crazy growing up and I'm just so thankful that we didn't have all this because it might be on the internet somewhere fast forward though I'm guilty of all this as well looking at my peers seeing what they're doing seeing what success they're having but look I use it   for fuel I don't let it affect how I feel about myself and about my accomplishments and I learn from what others are doing better than me stop looking sideways focus on your own Journey your own progress and your own W's consistency and confidence that that's how you move forward number 10 take more and bigger risks when you're young if you're in your 20s and you're not swinging for the fences you're wasting the biggest Advantage you have in its time let me break it down when you're young you can afford to take   risks you don't have a mortgage you don't have kids you don't have the weight of responsibilities that come later frankly you don't have the weight of your conscience either you don't give a hopefully and that's a competitive Advantage whether it's start a business or investing in yourself or making a bold career move the worst case scenario isn't as bad as you think you recover faster than you expect and even if you fail you'll be 10 steps ahead of the person who didn't try when I bought my first rental property I was terrified   had no clue what I was doing what if I lost money what if it all went wrong what if it burned down but taking that risk paid off I got the experience I got a great property I still own that property but even if it hadn't the lessons I learned would have been worth it don't play it safe play with a little reckless abandon you've got a little bit of time now we'll talk about that later but you've got more time than most and you've got less to lose than most use that to your advantage all right that's 10 bombs raw and probably   made you a little uncomfortable but if you made it this far you're already winning because most people out there just can't stick with anything long enough to gain any value from it but that's not you and we're not done there are 10 more truth bombs in part two that hit even harder so make sure you're subscribed and share with someone who needs a wakeup call now go take some action and I'll see you in part two Links from the Show: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en

7 Tax Tips for New Law Firm Owners

Did you like this episode? Dislike it?

Elise Holtzman is a former practicing lawyer, executive coach, consultant, and the CEO of The Lawyer's Edge®, helping lawyers become better business developers and leaders.  She chats with Jeff and Brett about a variety of topics, including her transition from practicing law to founding a company, why she chose lawyers to coach, why law firm management is usually unprepared, trends in legal education, the recent growth in legal coaching, and which lawyers need her services.   Do you?   Listen now!Streaming on  YouTube, Spotify, Amazon Music, and Apple Podcasts. We are also in the top ten percent of listened-to podcasts globally.

The OBBBA introduces major shifts for employers, transforming employee benefits, executive compensation, and workforce compliance. Are you prepared to adapt? Essential Impacts for Employers Dependent care and education benefits—higher flexible spending account limits and tax-favored student loan repayment programs Health savings accounts—expanded eligibility and coverage options for employees Executive compensation rules—new tax implications for public companies and nonprofits Epstein Becker Green attorneys Elliot Katz and Lucas Peterhans break down these updates in this episode of Employment Law This Week®. Get the insights you need to stay ahead of these sweeping changes. Read more insights on the OBBBA from our benefits team: https://www.workforcebulletin.com/hot-dogs-fireworks-and-the-one-big-beautiful-bill-what-employers-need-to-know-about-the-employee-benefits-and-executive-compensation-changes Visit our site for this week's Other Highlights and links: https://www.ebglaw.com/eltw396 Subscribe to #WorkforceWednesday: https://www.ebglaw.com/subscribe/ Visit http://www.EmploymentLawThisWeek.com This podcast is presented by Epstein Becker & Green, P.C. All rights are reserved. This audio recording includes information about legal issues and legal developments. Such materials are for informational purposes only and may not reflect the most current legal developments. These informational materials are not intended, and should not be taken, as legal advice on any particular set of facts or circumstances, and these materials are not a substitute for the advice of competent counsel. The content reflects the personal views and opinions of the participants. No attorney-client relationship has been created by this audio recording. This audio recording may be considered attorney advertising in some jurisdictions under the applicable law and ethical rules. The determination of the need for legal services and the choice of a lawyer are extremely important decisions and should not be based solely upon advertisements or self-proclaimed expertise. No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers.

Watch the YouTube version of this episode HEREAre you a law firm owner looking for advice on how to make your firm more lucrative? In this episode of the Maximum Lawyer Podcast, Tyson interviews Ted DeBettencourt, a JD/MBA and a business owner. Ted shares his journey from Martha's Vineyard to legal tech entrepreneurship, discussing the island's unique culture and his transition from law to business. To run a successful law firm, it is important that certain processes are in place and run efficiently to turn a profit. An important thing to implement is to ensure there are more staff over auto responders and AI for Local Service Ads (LSA). LSA's will rank firms based on response times and this can affect how people perceive your firm at the first click. If your response time is slow, most people will not call you for help. Using real people to answer leads and call prospective clients will ensure you get off on the right foot with people who are looking for legal support.Ted and Tyson chat about the three most important marketing metrics for a successful law firm. The first metric is wanted leads. It is important to know how many leads are actually wanted, in which a firm will be interested in taking on. The second metric is signed rates. Out of the wanted leads, how many of them were signed on as actual cases for the firm. This will determine how successful a firm is when it comes to the number of cases that are taken on and it can show value. The third metric is average case value. This can be determined by how much a firm makes in a year based on the type of cases. Ultimately, the average case value will let someone know how successful a firm really is.Listen in to learn more!05:25 Google Local Services Ads (LSA) and Lead Response06:49 Manual vs. Automated Lead Response07:46 Importance of Fast Lead Response09:20 AI vs. Human Chat: Present and Future10:37 Human Connection in the Age of AI11:26 Regulations and Human-Only Policies23:14 What Sets Successful Law Firms Apart25:54 Key Marketing Metrics for Law FirmsTune in to today's episode and checkout the full show notes here. Connect with Ted at JuvoLeads:Website Linkedin 

What does it take to find the real truth in a high-stakes injury case?In this episode of The Effective Lawyer Podcast, Jack Zinda and Partner Cole Gumm walk through their real-life trial strategies—from confronting corporate negligence to handling disfiguring dog bites and trucking cases involving drug use. They share how expert witnesses, tactical depositions, and deep client trust can uncover the liability others miss.Topics Covered:    Tactics for uncovering apartment complex liability in a dog bite case    The power of expert witnesses in trucking and pediatric burn injuries    How to prepare for trial 90+ days out    Tips for mentoring new attorneys and building client trust    Mental health and work-life balance as a litigatorListen to learn how small details can lead to big wins.Have a question for Jack? Don't hesitate to reach out!jz@zindalaw.comhttps://www.zdfirm.com/

Darin Klemchuk is the CEO of Klemchuk PLLC, a leading litigation, intellectual property, and business law firm based in Dallas, Texas. Klemchuk focuses his practice on IP litigation (patents, trademarks, copyrights, and trade secrets), IP enforcement and anti-counterfeiting programs, and IP strategy.  He helps clients build market share and block competitors through intellectual property law.  Darin is also the co-founder of Engage Workspace for Lawyers, an executive suite built by and for lawyers. He writes and speaks about human performance optimization, marketing and business development, leadership, entrepreneurship, law firm culture, and intellectual property law–all designed to encourage others to rethink what it means to be a lawyer, business owner, and leader in today's legal profession and beyond. WHAT'S COVERED IN THIS EPISODE ABOUT LAW FIRM LEADERSHIP Most lawyers follow the traditional path of making partner, building a book, and climbing the ladder. But what happens when you're wired differently? When the conventional approach to practicing law feels fundamentally wrong for who you are as a person and leader? Darin Klemchuk faced exactly this crossroads. With a stable Big Law job, a second child on the way, and zero portable business, he made what most would consider a crazy decision. He walked away from partnership to build something better. Twenty years later, he's proven that leading from within can create strong results in both law and life. In this episode of The Lawyer's Edge podcast, Elise Holtzman speaks with Darin about his journey from Big Law to entrepreneurship, his 62-minute plank hold experience, why the "platinum rule" works better than the golden rule for leaders, and how personal growth became the foundation for his firm's success. 2:06 - Darin's “Jerry Maguire” moment of launching his firm and how he got his first clients 5:57 - How the seeds of leadership and entrepreneurism were planted in Darin's youth 7:56 - The difference between leadership, management, and coaching  9:38 - One critical aspect of leadership that requires self-awareness 12:49 - The plank hold method and how you can apply it in your practice 17:33 - The immense value of peer networks for business development 22:06 - Why Darin designed anti-counterfeiting software programs to protect luxury brands' IP 23:58 - The better rule to follow for leaders with unique personality traits 28:15 - What Darin finds fascinating about the concept of happiness  32:16 - One of the greatest tragedies you can experience when you become successful   MENTIONED IN LEADING FROM WITHIN: HOW PERSONAL GROWTH FUELS LAW FIRM LEADERSHIP Klemchuk PLLC | LinkedIn | Facebook | Instagram Engage Workspace for Lawyers | LinkedIn | Facebook | Instagram Unbeatable Mind Entrepreneurs' Organization Vistage Think and Grow Rich by Napoleon Hill Culture Index Get connected with the coaching team: hello@thelawyersedge.com The Lawyer's Edge SPONSOR FOR THIS EPISODE... Today's episode is brought to you by the coaching team at The Lawyer's Edge, a training and coaching firm that has been focused exclusively on lawyers and law firms since 2008. Each member of The Lawyer's Edge coaching team is a trained, certified, and experienced professional coach—and either a former practicing attorney or a former law firm marketing and business development professional. Whatever your professional objectives, our coaches can help you achieve your goals more quickly, more easily, and with significantly less stress. To get connected with your coach, just email the team at hello@thelawyersedge.com.

Melissa Cropper, President of the Ohio Federation of Teachers, joined the America's Work Force Union Podcast to discuss the state budget's impact on education, changes to the State Teachers Retirement System and new legislation affecting higher education in Ohio.   Tom Spiggle, founder of the Spiggle Law Firm and employment attorney, joined the America's Work Force Union Podcast to discuss the pay disparity highlighted by WNBA star Caitlin Clark's salary. Spiggle explored the structural barriers women face in the workforce, the impact of collective bargaining agreements on pay equity and ongoing efforts to address wage discrimination.

Law firm owners often feel overwhelmed by their financial statements, staring at QuickBooks reports that seem to tell only half the story. The disconnect between having financial data and understanding what it means for strategic decision-making creates unnecessary anxiety and missed opportunities.In this episode, I'm talking with Danielle Hendon, a fractional CFO who specializes in helping law firms transform their relationship with their finances. We explore how to structure your revenue streams and expenses to understand which practice areas are truly profitable, why treating all costs the same way obscures important business decisions, and how budgeting becomes a strategic tool rather than an annual exercise you dread.Get full show notes, transcript, and more information here: https://www.agileattorney.com/78

Activist shareholders can make things difficult for the companies they target. But they represent a significant source of revenue for the law firms that represent those companies—and their shareholders. Bloomberg Law reporters Drew Hutchinson and Andrew Ramonas recently dug through the data on which firms did the most work on shareholder fights in the first half of this year. And Hutchinson talks about what they learned on this episode of our podcast, On The Merits. She said this spring's stock market dip is likely contributing to more activity in this space because it allowed activist investors to purchase more of their target companies at discounted prices. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

Want to Start or Grow a Successful Business? Schedule a FREE 13-Point Assessment with Clay Clark Today At: www.ThrivetimeShow.com   Join Clay Clark's Thrivetime Show Business Workshop!!! Learn Branding, Marketing, SEO, Sales, Workflow Design, Accounting & More. **Request Tickets & See Testimonials At: www.ThrivetimeShow.com  **Request Tickets Via Text At (918) 851-0102   See the Thousands of Success Stories and Millionaires That Clay Clark Has Helped to Produce HERE: https://www.thrivetimeshow.com/testimonials/ Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire   See Thousands of Case Studies Today HERE: www.thrivetimeshow.com/does-it-work/  

In an increasingly competitive legal landscape, even the most skilled lawyers can struggle to stand out without the right marketing strategy. Gone are the days when a solid reputation and word-of-mouth were enough to keep the phones ringing. Today, visibility, credibility, and connection are critical—and that means understanding how to leverage modern marketing tools effectively. In this episode, your host, Cindy Watson sits down with Jordan Whelan to discuss Effective Marketing for Law Firms. Jordan is the founder of Grey Smoke Media, bringing a unique blend of experience as a former TV and radio producer, publicist, and media strategist. With over a decade in the industry, he has overseen more than $3 billion in class action claims communications and managed upwards of $50 million in media buying. From digital marketing to targeted messaging, Jordan has logged his 10,000 hours and then some—making him a sought-after expert for firms looking to elevate their visibility and impact. We peel back the curtain on what it takes to build a powerful brand presence in the legal world. From navigating digital advertising and media buying to crafting messaging that truly resonates, we explore the strategies law firms need to thrive in today's attention economy. Whether you're just starting out or looking to scale your firm, this conversation offers a roadmap to smarter, more impactful marketing. In this episode, you will learn: How SEO is changing, how do we use it effectively? What are some ways we can generate web traffic? The importance of optimizing  you Google Local Page. What can a firm do with they've got a limited marketing budget? How can they compete with the big players? The challenges in marketing lawyers. And many more! Learn more about Jordan: Website: https://greysmokemedia.com/ If you're looking to up-level your negotiation skills, I have everything from online to group to my signature one-on-one mastermind & VIP experiences available to help you better leverage your innate power to get more of what you want and deserve in life. Check out our website at www.practicingwithpurpose.org if that sounds interesting to you. Get Cindy's book here:   Amazon   https://www.amazon.com/Art-Feminine-Negotiation-Boardroom-Bedroom-ebook/dp/B0B8KPCYZP?inf_contact_key=94d07c699eea186d2adfbddfef6fb9e2&inf_contact_key=013613337189d4d12be8d2bca3c26821680f8914173f9191b1c0223e68310bb1   EBook   https://www.amazon.com/Art-Feminine-Negotiation-Boardroom-Bedroom-ebook/dp/B0B8KPCYZP?inf_contact_key=94d07c699eea186d2adfbddfef6fb9e2&inf_contact_key=013613337189d4d12be8d2bca3c26821680f8914173f9191b1c0223e68310bb1   Barnes and Noble   https://www.barnesandnoble.com/w/the-art-of-feminine-negotiation-cindy-watson/1141499614?ean=9781631959776   Practicing With Purpose https://www.amazon.com/Practicing-Purpose-Winning-Law-Life/dp/B0BW3HQY72 CONNECT WITH CINDY: Website: www.womenonpurpose.ca Facebook:  https://www.facebook.com/womenonpurposecommunity/ Instagram: https://www.instagram.com/womenonpurposecoaching/ LinkedIn: linkedin.com/in/thecindywatson Show: https://www.womenonpurpose.ca/media/podcast-2/ (X) Twitter:  https://twitter.com/womenonpurpose1 YouTube:https://www.youtube.com/@hersuasion Email:cindy@womenonpurpose.ca

In this episode of the Scalable Law Podcast, I explore one of the most powerful tools for law firm management and long-term growth: Standard Operating Procedures (SOPs). If you're looking for a sustainable way to grow your practice, reduce overwhelm, and delegate with confidence, this episode is for you. Most law firms rely heavily on their practice management software—but without the right law firm SOPs, your systems are incomplete. SOPs are what create consistency, improve onboarding, and ultimately allow you to scale your law firm without it depending solely on you. Key Segments Understanding What Law Firm SOPs Actually Are SOPs are step-by-step documented processes that outline how tasks are completed in your law firm. While software like LEAP or Smokeball helps manage day-to-day operations, it's your SOPs that provide the structure and direction your team needs to use those tools effectively. The Cost of Operating Without SOPs Without documented SOPs, your firm relies too heavily on individual memory and inconsistent training. This leads to inconsistent service delivery, bottlenecks, and team burnout. SOPs are essential to reduce risk, improve performance, and ensure business continuity when key team members are absent or move on. The Areas in Your Firm That Need SOPs SOPs shouldn't just exist for legal work—they're critical across all departments. From opening and closing files, billing and trust accounting, to handling client intake, social media, HR onboarding, and document processing, every part of your practice needs structure to scale sustainably. Why SOPs Are Essential to Scaling a Law Firm SOPs allow you to create consistency, reduce duplication, and delegate tasks without confusion. They support faster onboarding, improve team accountability, and give you the freedom to step back from the day-to-day without quality slipping. When it comes to how to scale a law firm, SOPs provide the operational backbone that allows growth without chaos. How We Help Law Firm Owners Build SOPs Inside the Scalable Law Accelerator, we work closely with law firm owners to create SOPs that support high-performing teams and smooth internal operations. We provide templates, training, and support to roll out SOPs across every area of the business—helping you move from reactive to strategic. Your Next Step to Systemise and Scale If your law firm is still relying on informal processes or ad-hoc communication, start by documenting just one core task this week. Whether it's onboarding a new client or preparing a brief, take the first step in building a firm that runs on systems, not people. My Takeaway Building a scalable law firm doesn't start with flashy software or hiring more people—it starts with clarity. And clarity comes from systems. What I've seen time and time again is that law firms that invest in creating and implementing law firm SOPs grow faster, experience less chaos, and give their owners more freedom. If your firm still relies on memory, verbal instructions, or "how we've always done it", you're holding back your potential. Documented systems don't restrict you—they liberate you. SOPs are what allow you to lead, not just manage. If This Episode Gave You Clarity or Motivation... Share it with another law firm owner who's ready to grow—or leave a quick review on Apple Podcasts or Spotify. Your support helps more driven lawyers discover tools and strategies to scale smarter and build firms they truly love. Apple Podcasts: Listen on Apple Spotify: Listen on Spotify

Law firm owner case study

On today's minisode of LegalTechTalk Uncovered 2025, we talk to returning guest Sahar Farooqi (now CEO of Legalencia, formerly CEO of LegalNC). He is now a leading legal transformation expert and barrister, renowned for driving change in law firms worldwide. With decades of experience as a commercial dispute resolution specialist and advocacy partner (at DAC Beachcroft, DWF, and Harneys), he's guided firms through digital culture, governance, and tech integration challenges. A high-profile LinkedIn influencer with over 40,000 followers, Sahar regularly shares insights on modernising the profession, using social media for network-building, and championing collaborative strategies to improve access to justice.

If you've ever wondered why your law firm isn't showing up on Google—or what to do about it—this episode is your playbook. Guest host Bridgit Norris sits down with Lindsey Busfield, Vice President and Director of Operations at Optimize My Firm, to unpack what it really takes to build lasting visibility through SEO and content marketing. Whether you're doing it yourself or paying someone else to handle it, you'll learn how to make smarter decisions, avoid common traps, and start attracting more qualified leads without throwing money at paid ads. This isn't fluff—it's a direct line to better results, more clarity, and a sustainable way to grow online. If you're serious about taking control of your digital presence, hit play now.

Send us a textThere should be a cliché saying like- "This one time, at House of Blues." I know myself has a FEW. Though, I have only seen the New Orleans venue, that treasure box is a whole vibe of it's own. House of Blues holds the key to most of the elements you see at other House of Blues around the country. Listen to this rich history! Your papa is a LITTLE bias because, where in America can you find the most charming and intoxicating (no pun intended) venue, than the House of Blues location here in New Orleans, La? The French Quarter is a preservation pocket of yesteryears. Keeping with the tradition and look of the iconic Quarter, General Manager, I.V. Miller diligently works year round to ensure that House of Blues- New Orleans is not only open- but, thriving. Listen in as we talk about how I.V. got this amazing job opportunity while he was in NYC.  He's a big, biker looking fella- so, he is PERFECT for the Quarter!                       But I can tell he is a teddy bear at heart!This summer, week after week, they have got amazing gigs planned that will elevate yall's weekends! Listen in to all the awesome things coming to House of Blues soon! Wallflowers? Vintage Fest??!! Let's GOOOO!!Find more about House of Blues New Orleans at:www.houseofblues.com/neworleans_________________________________________________________________________________________________Then later, Thanks to our friends at Cafe Du Monde, we are still churning out some of the HOTTEST new releases from New York Times Best Selling Authors, yall! This week, New York Times Best seller, Tiffany Jackson's BRAND NEW hard back Middle Grade novel hit the stores and she is not playin'! Tiffany's ability  to perfectly combine the mystery and suspense, coupled with representation is so brilliantly accomplished for our younger readers. I have some, and let me tell you, START THEM YOUNG, HUNNY! And can I also just say, It starts at home? These young people are OUR FUTURE LEADERS of our amazing country. Thank you, Tiffany for giving these babies your valuable resources; rich in imagination, immersive adventures & strong emotions- all with the ability to have our kids walk away more inspired than a tablet ever could be. Find Blood in the Water now!Mega bestselling and award-winning author Tiffany D. Jackson (The Weight of Blood; White Smoke) makes her thrilling middle-grade debut with a can't-put-it-down murder mystery set on Martha's Vineyard. R.L. Stine, bestselling author of Goosebumps, says, "Don't miss this one!"This summer, beware of sharks...Brooklyn girl Kaylani McKinnon feels like a fish out of water. She's spending the summer with family friends in their huge house on Martha's Vineyard, and the vibe is definitely snooty. Still, there are beautiful beaches, lots of ice cream, and a town full of fascinating Black history. Plus a few kids her age who seem friendly.Until the shocking death of a popular teenage boy rocks the community to its core. Was it a drowning? A shark attack? Or the unthinkable--murder?Kaylani is determined to solThank you to our family of amazing sponsors! Ochsner Hospital for ChildrenWww.ochsner.orgRouses MarkersWww.rousesmarkets.comSandpiper VacationsWww..sandpipervacations.comCafe Du Monde www.shop.cafedumonde.com The Law Firm of Forrest Cressy & James Www.forrestcressyjames.comComfort Cases Www.comfortcases.orgNew Orleans Ice Cream CompanyWww.neworleansicecream.comERA TOP REALTY: Pamela BreauxAudubon Institute www.auduboninstitute.orgUrban South Brewery www.urbansouthbrewery.com

For four years, you've tuned in to Elawvate, the podcast where “personal growth meets the practice of trial law.” Now, host Ben Gideon invites you to a special preview of Elawvate's new “Build & Grow Your Law Firm” podcast, where you'll learn the business of practicing law. Ben and co-host Jeff Wright, the COO of Gideon Asen, reflect on building the firm from startup to profitable powerhouse in just four years. But, as Ben explains in the premiere episode, "I really wish when we started our practice, someone had taken me under their wing and said, 'This is how you do this.'” If you've wished the same, you're at the right place. Subscribe to Elawvate: Build & Grow Your Law Firm now!Learn More and Connect☑️ Ben Gideon | LinkedIn | Facebook | Instagram☑️ Jeff Wright | LinkedIn ☑️ Gideon Asen on LinkedIn | Facebook | YouTube | Instagram☑️ Subscribe: Apple Podcasts | Spotify | YouTubeProduced and Powered by LawPods

Why is hiring crucial for law firm growth? Hiring is often the primary constraint that limits law firm growth – […]

What happens when a lawyer trades courtroom conflict for real estate closings? In this episode of YOUR STORY. YOUR BANK PODCAST, we meet Ryan Byrne and John Westmoreland—founders of Byrne Westmoreland, PLLC, a thriving real estate and estate planning firm with five offices across Mississippi and Tennessee. From helping first-time buyers navigate closings to wiring funds with precision, they share how building a client-first culture—and partnering with the right bank—has fueled their growth. Learn how First Commercial Bank's personal service, real-time wire support, and commercial banking tools helped them scale during booms and weather downturns. Whether you're buying your first home or running a high-volume practice, this story will inspire you to rethink what a great banking relationship can do for your business.

What does it take to pivot from a career in law enforcement to launching a solo elder law practice? In this episode of New Solo's First Flight series, Adriana Linares sits down with Andrew Schierberg, a former police chief who retired after 20 years of service and started a second career in law. Andrew shares how he found his passion for elder law, why he chose a holistic service model, and the systems he put in place to build a client-centered firm in Northern Kentucky. From his decision to practice law on his own terms to hiring a care coordinator as his first team member, Andrew's story is one of intentional design, service-driven values, and entrepreneurial smarts. Later in the episode, Adriana is joined by ALPS Insurance's Rio Laine to talk about hiring smart, supervising staff, and how the right technology and documented workflows help safeguard your growing solo firm.   Hear the original episode with Andrew Schierberg Learn more about ALPS Insurance.  Receive email notifications every time we release a new episode.

Most law firm owners build a business that depends entirely on them—then wonder why no one wants to buy it.  In this episode, we talk with Victoria Collier, founder of Quid Pro Quo, about how to build a firm that's not only profitable, but truly sellable. Victoria shares what she learned selling her own estate planning and elder law firm after 18 years—and how she now helps other lawyers do the same.  You'll learn what buyers actually look for (hint: it's not just revenue), why your firm needs to run without you, and how a shift in mindset can create more freedom and future value. Victoria also shares surprising truths about law firm sales—like the possibility of getting cash upfront—and how AI is quickly becoming a key part of due diligence for buyers and sellers alike.     Listen to our other episodes on the selling your practice:  #369: Selling Your Practice, with Tom Lenfestey Apple | Spotify |  Lawyerist  #326: A Succession Plan for Your Law Practice, with Tom Lenfestey Apple | Spotify | Lawyerist    Have thoughts about today's episode? Join the conversation on LinkedIn, Facebook, Instagram, and X!    If today's podcast resonates with you and you haven't read The Small Firm Roadmap Revisited yet, get the first chapter right now for free! Looking for help beyond the book? See if our coaching community is right for you.    Access more resources from Lawyerist at lawyerist.com.    Chapters/Timestamps:  00:00 - Introduction: The Mindset of a Sellable Law Firm  02:45 - The Dangers of Being the Bottleneck: Why Delegation Matters  06:58 - Lessons from a Successful Firm Sale: What Works and What Doesn't  09:22 - What Buyers Look For: Red Flags and Green Lights in Your Firm  21:52 - Surprising Realities of Selling a Law Firm: Financing and Debt  31:21 - AI's Role in Increasing Your Firm's Value  34:02 - Life After Law: Preparing for Your Next Chapter  36:46 - The Fundamental Mindset Shift: Owning a Business, Not Just a Job  37:50 - Taking the First Steps Toward a Sellable Firm 

Send us a textShownotes can be found at https://www.profitwithlaw.com/489.How to Build the Dream Team That Will Double Your Law Firm's RevenueThis episode brings you inside a powerful session from the Law Firm Growth Summit, where Moshe dives deep into how to assemble a dream team for your law firm and avoid the most expensive hiring mistakes.Law firm owners constantly tell host Moshe Amsel the same thing: “I can't find good people.” But in this episode, Moshe challenges that mindset—and shows exactly what's really holding you back from hiring top talent.Whether you're overwhelmed, stuck with underperformers, or afraid to offer competitive salaries, Moshe breaks down how to approach hiring differently—so you can build a team that not only gets the work done but drives serious growth.From calculating the actual cost of a bad hire (spoiler: it's close to $200k) to setting up salary ranges that attract A-players, Moshe lays out the exact strategies he's coached law firm owners through to grow fast without breaking the business.Chapters:[00:00] Live from the Law Firm Growth Summit: Building a ‘Dream Team'[01:31] The true cost of cutting corners: Why underpaying is your biggest mistake[04:19] Hire slow, fire fast: The law firm owner's golden rule for team growth[09:46] Overwhelmed and understaffed? Emergency solutions to law firm bottlenecks[14:42] From contract labor to referral partners: Temporary fixes that free your time[17:31] The secret “ninja trick” to doubling revenue when you're at capacity[21:03] The 6-step proven hiring process for rock star law firm employees[22:43] Core values and mission alignment: Unlocking long-term team loyalty[26:02] Position clarity: Writing job descriptions that attract more A-players[29:55] Salary strategies that attract the best: Why posting compensation matters[32:50] Performance-based compensation: Ethically justifying top-level pay for resultsResources mentioned:Book your FREE strategy session today!: profitwithlaw.com/strategysessionTake 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 hereJoin 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 info@dreambuilderfinancial.com.Connect with Moshe on:Facebook - https://www.facebook.com/moshe.amselLinkedIn - https://www.linkedin.com/in/mosheamsel/

In this episode of the Wealthy Woman Lawyer® podcast, I chat with Liz Weber, a leadership advisor, strategic and succession planning consultant, keynote speaker, and author. Liz is the founder of Weber Business Services and a trusted advisor to boards, owners, and C-suite teams across the country. Her mission? To help leaders focus on the right things at the right time to get the right impact—and that includes law firm leaders.Listen in as Liz and I explore:The biggest leadership gaps law firm owners face—and why many never see them coming.How to know when it's time to build a leadership team—and how to do it smartly.The biggest hiring mistakes attorneys make when trying to scale their firms.Why culture and clarity are essential ingredients to sustainable growth.What it really means to make the leap from lawyer to law firm leader—and how to step into that role with confidence.LINKS TO LOVE:Learn more about Liz and her work at www.WBSLLC.com or connect with her on LinkedIn at LizWeberCMC.Few of us are born knowing how to lead—but as your law firm grows, leadership becomes non-negotiable. This mini-course is designed to help law firm owners begin to build a foundation of leadership in their business. Whether you're building a team or struggling to get the best from the one you have, you'll gain the skills, mindset, and practical tools to lead with authority, inspire performance, and scale with intention.Don't want to be a micromanager? Afraid you are too “hands off?” This mini-course will help you become a “just right” leader. As an added incentive, I'm offering a limited time incentive for Wealthy Woman Lawyer listeners only.  Click here to get started.If you enjoyed this episode, please leave us a review on Apple Podcasts!

The Lawyer Stories Podcast Episode 229 features Marc Brown, Founder & Managing Attorney at the Marc Brown Law Firm, serving personal injury and wrongful death victims across South Carolina and Georgia. With a unique perspective shaped by years representing major insurance companies and corporations, Marc now fights for the individuals on the other side of the courtroom — the injured and their families. Since launching his firm in 2019, Marc has brought big-firm experience and dedication to a boutique, client-focused practice. Tune in to hear how Marc's journey from defending powerful entities to championing justice for the underserved has shaped his mission, mindset, and message. This is the story of a lawyer who knows both sides — and chooses to stand with the people.

Ever wondered how a small law firm can dominate Google and YouTube? Hint: it's not about matching billing rates; it's about building authority. On this episode of The Liquid Lunch Project, Matthew R. Meehan and Luigi Rosabianca chat with Dennis “DM” Meador, founder of The Legal Podcast Network. Dennis breaks down how niche-focused podcasts help lawyers stand out, attract better clients, and transform their business through strategic content and marketing automation. What You'll Learn: How question‑based podcasts boost niche positioning for small law firms Why DIY directory listings drive commoditization and race-to-the-bottom pricing Legal marketing ethics: disclaimers, bar rules, and staying on the right side of the line The turnkey “marketing‑in‑a‑box” approach: tech checks, gear, setup, no hassle for attorneys Coaching lawyers to be themselves: suit-ups vs. ratty tees (authentic branding matters) Using podcast content to feed Google, YouTube and even ChatGPT The value of travel and cultural empathy in business and team leadership Favorite Quote: “You're at the same crossroads now. You either step into the next thing or miss another one.”   Who is Dennis? Dennis “DM” Meador is the founder of The Legal Podcast Network, transforming attorneys into authority figures through strategic podcasting. A serial entrepreneur and Air Force brat, Dennis has leveraged cultural exposure and tech savvy to build full‑stack marketing solutions tailored for small law firms.   Why Should You Listen? If you're an entrepreneur or professional looking to elevate your brand and reach the right clients, this episode is your blueprint. Tune in now, then start asking the questions your future clients are already Googling.   Connect with Dennis: Website: https://www.thelegalpodcastnetwork.com (thelegalpodcastnetwork.com) Book a 5-Minute Intro Call: https://calendly.com/thelegalpodcastnetwork/5-minute-initial-call LinkedIn (Founder): https://www.linkedin.com/in/dennismeador/  Facebook: https://www.facebook.com/p/The-Legal-Podcast-Network-61555141202856/ Instagram: https://www.instagram.com/legalpodcastnetwork.lawyer/ YouTube: https://www.youtube.com/@thelegalpodcastnetwork_  

You don't need more time — you need fewer excuses. In this encore episode of The Game Changing Attorney Podcast, Michael Mogill sits down with social media advertising powerhouse Billy Gene Shaw to unpack what it really takes to win in a digital-first world. From growing up with nothing to reaching millions daily, Billy shares the mindset, skillset, and speed it takes to stay relevant, dominate attention, and build a brand that can't be ignored. Here's what you'll learn: Why imperfect execution beats perfect hesitation — every single time How to build brand equity through content (even if no one knows who you are — yet) What it takes to be truly valuable in a saturated, attention-starved market You're not too late — you're just not moving fast enough.. ---- Show Notes: 00:00:00 — Introduction: Why Billy Gene's message still resonates 00:03:47 — From welfare to wealth: The origin story that shaped his mission 00:06:53 — The class he walked away from and the lesson in choosing freedom 00:14:30 — The $80 test that unlocked his digital empire 00:18:13 — Why making people laugh can make you rich 00:20:37 — Speed over polish: How imperfect execution wins 00:25:19 — Controlling your narrative in a digital world 00:45:02 — What it really means to be a game changer ---- Links & Resources: Billy Gene is Marketing University of San Diego Tony Robbins Shark Tank Daymond John Dollar Shave Club Poo~Pourri ---- Do you love this podcast and want to see more game changing content? Subscribe to our YouTube channel. ---- Past guests on The Game Changing Attorney Podcast include David Goggins, John Morgan, Alex Hormozi, Randi McGinn, Kim Scott, Chris Voss, Kevin O'Leary, Laura Wasser, John Maxwell, Mark Lanier, Robert Greene, and many more. ---- If you enjoyed this episode, you may also like: 19. Harlan Schillinger — The Future of Legal Marketing 348. Ross Pomerantz. Sales, Sarcasm, and Success: Inside the Mind of Corporate Bro 358. Your Competitors Don't Want You to Know These Game Changing Marketing Strategies

Donald Trump issued several executive orders punishing law firms who represented clients or causes he didn't like. Four of the law firms sued him, arguing his executive orders were unconstitutional. Given a new court ruling in favor of the fourth law firm, it's a clean sweep - Trump and his DOJ have now lost all four cases. But, it's something of a surprise, with just one day left to appeal his first loss, Trump's DOJ has filed an appeal to one of those cases.If you're interested in supporting our all-volunteer efforts, you can become a Team Justice patron at: / glennkirschner If you'd like to support Glenn and buy Team Justice and Justice Matters merchandise visit:https://shop.spreadshirt.com/glennkir...Check out Glenn's website at https://glennkirschner.com/Follow Glenn on:Threads: https://www.threads.net/glennkirschner2Facebook: https://www.facebook.com/glennkirschner2Instagram: https://www.instagram.com/glennkirsch...Bluesky: https://bsky.app/profile/glennkirschn...TikTok: https://www.tiktok.com/glennkirschner2See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.