Maximum Lawyer

Watch the YouTube version of this episode HERE

Are you a business owner who is looking to learn about running a more successful firm? In this episode of the Maximum Lawyer Podcast, Tyson interviews Mike Payne, the founder of BOSS Advisors, about his pioneering journey in establishing an alternative business structure (ABS) that combines legal and accounting services. 

Mike, a lawyer and CPA, shares his motivations, challenges, and the regulatory landscape in Arizona that allowed him to create this unique firm. Being able to provide clients with multiple services is such a huge benefit to a business owner and can make one look desirable to clients who want more than one thing. Mike shares his insights in marketing to clients who might want multiple services. 

For Mike, marketing to these clients involves providing them with services that go hand in hand, like legal and accounting support. Without having to register as a CPA, Mike is able to help business owners with their taxes, provide bookkeeping services and legal services.

For a firm that has 5 different departments all doing different work, it is inevitable that silos will exist. It is easy for people to learn or share knowledge within their own teams. For Mike, it is important to eliminate silos and ensure there is cross collaboration and information sharing. This happens through training that is provided across departments. For example, accountants are provided training from an attorney's perspective on how things work and vice versa. A successful business will ensure to show how all roles affect each other and encourage collaboration.

Listen in to learn more!


04:00 Ideal Client Profile 
10:53 ABS Application Process 
13:29 Stigma of Working with Lawyers 
18:53 Annual Re-evaluation for ABS 
22:30 Global Perspective on ABS 
30:41 Starting the Firm 
43:14 Transition to Remote Work 


Tune in to today’s episode and checkout the full show notes here. 


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Creators and Guests

Host
Tyson Mutrux
Tyson is the founder of Mutrux Firm Injury Lawyers and the co-founder of Maximum Lawyer.

What is Maximum Lawyer?

Maximum Lawyer is the podcast for law firm owners who want to scale with intention and build a business that works for their life.

Hosted by Tyson Mutrux, each weekly episode features candid conversations with law firm owners, business experts, and industry leaders sharing real strategies and lessons learned in the trenches.

If you're ready to grow your firm with less stress and more support, this is your next must listen. Subscribe today.