What They Didn't Teach Us About Running a Business in Law School

With
Sam Mollaei
and
Neil Tyra

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Do you ever feel like what you learned in law school didn't prepare you for the world of running a law practice? Law school didn't teach us how to start our practices the right way so we could scale them into a thriving business. We didn't learn how to make sure that our businesses would meet our financial goals and provide the type of lifestyle we deserve. After ten years, I was fed up with struggling in my practice and decided to begin a journey to scaling a

successful practice that would actually allow me to finally live the life I've always dreamed of. I invite you to listen in on the conversations I'm having with some of the most successful solo and small firm practitioners  along with leading business entrepreneurs and share how I am implementing what I am learning. All with the goal of helping you take control of your practice, and your life. This is The Law Entrepreneur.

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406. Lawyer AI Updates For Apple and iPhone Users

By | July 12, 2024

In this episode Neil and Sam dive into the exciting world of Apple’s latest AI advancements unveiled at the Apple Developer Conference. They explore how these cutting-edge updates, including Apple Intelligence, promise to revolutionize the user experience across iPhones, MacBooks, and iPads while maintaining a strong focus on privacy. As avid Apple enthusiasts, Neil and Sam break down the top seven updates, shedding light on how Apple’s deliberate and thoughtful integration of AI aims to enhance functionality without compromising user data security. Tune in to discover how these innovations could transform your daily tech interactions and streamline your law practice.

Key Takeaways from Neil and Sam:

  • Apple Intelligence: Apple introduced “Apple Intelligence” (AI), an advanced system that knows everything about you while keeping your data private and stored only on your iPhone. Apple states “your data is never stored” on external servers and is used solely for your requests. This contrasts with companies like Google, which extensively collect user data. Siri enhancements include better understanding, typing like a chatbot, on-screen awareness, and eventually controlling your iPhone upon request.
  • Integration of ChatGPT with Apple Devices: ChatGPT, now officially integrated with Apple devices, marks a significant collaboration as Apple joined forces with its competitor Microsoft. This partnership arose because Apple had not developed its own language model, and integrating ChatGPT prevents them from falling behind in the AI race, allowing users to benefit from one of the best LLMs natively on Apple devices​​.
  • AI Writing Tools: Apple introduced new AI writing tools across Mac apps that utilize AI to write emails, summarize text, rewrite content, proofread, and suggest responses and tones, enhancing productivity and communication efficiency​​.
  • AI-Generated Emojis and Text Effects: “Genmoji” allows users to create AI-generated emojis and text effects. This feature, which takes user descriptions to generate new emojis, elevates the emoji experience significantly​​.
  • AI-Powered Image Editing: AI capabilities now include the ability to clean up images and remove people from photos, offering enhanced photo editing functionalities​​.
  • AI-Powered Call Transcripts and Summaries: The AI-powered call transcript feature transcribes calls, summarizes them, and enables sharing across apps and emails. It also allows for summarizing audio recordings and voice memos​​.
  • iPhone Mirroring on Mac (Sam’s favorite update): You can now mirror your iPhone on your Mac. This feature enhances the existing convenience of using your phone’s text on your laptop, marking a significant improvement in user experience​​.

 

“I think what sets Apple apart is they don’t ever jump into anything in a rush or haphazardly. They think it all through and they think it through their entire ecosystem.” —  Neil Tyra

“It’s the part of AI that I think will be most impactful when Siri is able to do things for you and control the iPhone when you ask it to do something. So it’s kind of AI plus actions being done.” —  Sam Mollaei

Join Lawyer Club FREE, where lawyers and law firm owners come to reclaim control of their firms and their lives! Plus, get the full list of Best AI Tools For Lawyers inside!

Get in touch with Sam:


If you’ve enjoyed the podcast, please head to Apple Podcasts, leave a rating and a review for the show! It only takes a moment, and really helps us to reach new listeners. You can also head to the website at TheLawEntrepreneur.com for more information on the podcast.

Listen to the episode here

405. 5 Biggest Mistakes Law Firm Owners Should Avoid To Have Their Best Year Yet (Part 2)

By | July 5, 2024

In this episode, Neil and Sam continue their exploration by delving into another set of five (plus one) crucial mistakes that law firm owners often encounter and must avoid for a successful year ahead. Building on our previous discussion, Neil and Sam provide fresh insights and actionable strategies to help you navigate these additional pitfalls. Whether you’re a seasoned entrepreneur or just starting out, join us for another enriching discussion filled with practical insights that can transform both your law practice and personal journey. Tune in and discover how to steer clear of these new challenges to achieve your best year yet!

Key Takeaways from Neil and Sam:

  • Being Clever, Not Clear. Avoid the trap of focusing solely on creativity in marketing; instead, leverage Donald Miller’s Storybrand framework to craft a compelling one-liner. Begin by identifying your client’s primary problem, propose your distinctive solution, and articulate the benefits your client will enjoy once their issue is resolved. This approach emphasizes clear, straightforward messaging that directly addresses your client’s needs and challenges, ensuring potential clients easily understand how your services can benefit them.
  • Not Knowing Your Numbers. A deep understanding of critical financial metrics such as Cost Per Acquisition (CPA) and Customer Lifetime Value (CLV) are essential for scaling your law firm. Regular monitoring and analysis of these numbers empower data-driven decisions that drive growth and efficiency, ensuring you can optimize marketing efforts and maximize return on investment across all client acquisition channels.
  • Focusing on The “What” More Than The “Who.” Shift your focus from simply listing your services to understanding and empathizing with your ideal client’s specific pain points and desires. Tailor your messaging to directly address these client needs helps build a stronger connection and enhances client engagement.
  • Ignoring Technology and Automation. Overcoming limiting beliefs about technology and embracing automation tools can significantly boost your law firm’s operational efficiency and profitability. Integrating technology enables streamlined processes and better client service delivery.
  • Over-Networking. While networking is valuable, excessive networking without a clear purpose or strategy can lead to burnout and superficial relationships. Focus on quality over quantity, prioritizing meaningful connections that align with your business objectives.
  • Self-Doubt in Content Creation. Don’t let perfectionism hinder your content creation efforts. Embrace the mindset that “done is better than perfect.” Consistently publishing content—even if you feel it’s not flawless—builds visibility, credibility, and engagement with your audience.

 

“Making mistakes is a learning methodology, and you have to embrace that. It doesn’t mean you should go out and purposely make them, but if you don’t make mistakes, you’re not trying.” —  Neil Tyra

“I challenge people that if they post one meaningful social media update per day, sharing something of personal value that resonates with them, it’s likely more effective than attending networking events.” —  Sam Mollaei

Join Lawyer Club FREE, where lawyers and law firm owners come to reclaim control of their firms and their lives! Plus, get the full list of Best AI Tools For Lawyers inside!

Get in touch with Sam:

If you’ve enjoyed the podcast, please head to Apple Podcasts, leave a rating and a review for the show! It only takes a moment, and really helps us to reach new listeners. You can also head to the website at TheLawEntrepreneur.com for more information on the podcast.  

Listen to the episode here

404. 5 Biggest Mistakes Law Firm Owners Should Avoid To Have Their Best Year Yet (Part 1)

By | June 28, 2024

In this episode, divided into two parts, Neil and Sam delve into some of the most common pitfalls that law firm owners face and how to steer clear of them. Drawing from personal experiences and industry insights, they share practical advice to help you avoid costly mistakes and achieve a balanced, successful practice. Whether you’re just starting or looking to refine your approach, this episode is packed with valuable takeaways that can transform your law practice and personal life. Tune in for a thought-provoking conversation and gain insights that can make a real difference in your journey as a law entrepreneur!

Key Takeaways from Neil and Sam:

  • Not Owning Your Own Marketing Assets: Ensure that all marketing assets, including ad accounts, websites, email lists, and social media profiles, are created and maintained under your ownership to prevent losing control over these critical resources and to enhance the value of your firm.
  • Analysis Paralysis: Avoid indecision by committing to making timely decisions and acting on them promptly, understanding that taking action—even with the possibility of making mistakes—will lead to faster results and continuous improvement.
  • Not Having a Clear Schedule: Implement and consistently use a comprehensive scheduling system that includes both professional and personal commitments, utilizing tools like calendars and task management apps to effectively manage your time and increase productivity.
  • Making ‘or’ Decisions Instead of ‘and’ Decisions: When faced with multiple options, adopt a mindset of making ‘and’ decisions rather than ‘or’ decisions, allowing you to explore various paths simultaneously and evaluate their effectiveness, which can lead to better overall outcomes.
  • Not Having a Mentor: Proactively seek and maintain relationships with mentors who are more experienced and successful, as their guidance, accountability, and insights can significantly accelerate your growth and help you avoid costly mistakes.

 

“If you’re a slave to the tool, if the tool is driving you, rather than you using the tool to enhance your knowledge and your capability, then you’re looking at it from the wrong end of the spectrum.” —  Neil Tyra

“One of the biggest factors in my own growth has been having a good, amazing mentor in my life who has been able to kind of show me the ways.” —  Sam Mollaei

Join Lawyer Club FREE, where lawyers and law firm owners come to reclaim control of their firms and their lives! Plus, get the full list of Best AI Tools For Lawyers inside!

Get in touch with Sam:

If you’ve enjoyed the podcast, please head to Apple Podcasts, leave a rating and a review for the show! It only takes a moment, and really helps us to reach new listeners. You can also head to the website at TheLawEntrepreneur.com for more information on the podcast.

Listen to the episode here

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