Maximum Lawyer

Let’s talk about running a law firm but instead of talking about running it the “right” way — let’s talk about what NOT to do and the mistakes that Jim and Tyson have made. 

Here are six mistakes that cost them financially that they wish they could go back and fix. Hopefully you find this helpful and hopefully you can shortcut some of these mistakes to save yourself the financial headache. 

Mistakes of: 
➡️ Starting your own firm and not knowing your first hire
➡️ Riding a financial roller coaster ride of “rich” to “broke” 
➡️ Confusing people with your marketing message 
➡️ Hesitating with hiring a team 
➡️ Being the #allthethingslawyer


2:57  Set up your books and hire a bookkeeper on day one … DO NOT WAIT! 
5:48 Niche down as much as you can as early as possible
8:18 Let go of the niches that your heart is not in, it’s not worth hanging on and screws up your marketing with mixed messages about what you do
11:26 Waiting too long to hire a team of people to help move the firm forward 
15:26 Know your numbers. What numbers are important? What numbers aren’t important?  What do the important numbers mean to you and your firm, both in the short term and the long term? 
18:16 Not paying yourself a salary 


Jim’s Hack: Read a book called Stillness is the Key by Ryan Holiday. 
Tyson’s Tip: Need a pump up of motivation? Go to YouTube and search “I Want More Levels with Kevin Hart.” 


🎥 Watch the full video on YouTube.


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Creators and Guests

Host
Jim Hacking
Jim launched Hacking Immigration Law in 2008 and his firm has grown to over 30 employees and helped thousands of individuals obtain their immigration benefits. He is the co-founder of Maximum Lawyer.
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.