In this episode, Jim and Tyson interview Michael Whelan. Michael runs his own law firm, organizes a lawyer conference and is writing a book about running a law business. They will go over his background, the conference and the book; it’s main principles about being a solo practitioner, deep expertise and legal supply chain.
“Law is not a business plan, it’s a product, it’s a monetization strategy. It’s how we turn knowledge in to cash so that we can live. How we do that is really up to us.”
The Book:
3 main ideas:
- Financial capital is not a good play for specially solo attorneys, but social capital is highly available, and should be the leverage point for people trying to run their own law firms.
- The 2 most valuable pieces of any transaction are the relationship and deep expertise.
- People should connect on a legal supply chain. A different way to structure human capital.
“I create content when I have something to say.”
Michael’s tip: A daily task app that is fantastic and it’s gamified. Great to use with your kids.
Tyson’s tip: A tool to manage social media.
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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.
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