Ask the Mentors
You’ve got questions, we’ve got answers. About the business of the practice of law. The guidance you need to have the practice you want.
It’s Ask Alexis Anything month and so many of you have emailed in asking for more reveals about how I managed to write a bestselling book on legal planning, do all those TV experiences, build my practice to a million a year in revenue AND parent my kids, so in this message I’m letting you in on a big piece of it. It’s a long post, but worth reading IF you are making good money in your law practice, but maxed out on time and don’t see a way to the next level … it’ll take about 15 minutes to … Continue reading
I’m going to share with you what I know is the BEST area (niche) of law to practice, for most lawyers. But first, a brief story as background… There was a time when I wasn’t sure I was going to continue serving lawyers. I had a mid-life crisis (or as I like to think of it—a Spiritual Awakening) and I did a deep dive soul-searching inquiry as to what I wanted to be when I grew up. To set the proper context here, this was happening when I had already built two million dollar businesses (one an estate planning and … Continue reading
“Grow or die!” is a vital mantra in business today, even in the law business. As a solo practitioner, there will come a time when you will be faced with the decision of whether to expand your work or maintain the status quo. If you’re like me, you’ll drool at the chance to make a bigger mark on the world. I’d noticed that my firm’s capacity had maxed out about two years after I opened the doors. I had a deep sense of wanting my work to become “our” work, a work done by a team that joined me in … Continue reading
Most lawyers think estate planning is boring because of the way they were taught to do it is all wrong. They also don’t understand how profound and necessary a service it is, either. Fact is, estate planning can be a life-changing and it’s not boring at all. Let me give you a personal example of how important estate family is to the families you already serve: When I was in law school, my father-in-law died. He had spent over $3000 on an estate plan put together so that we, his family, wouldn’t have to deal with the probate court or … Continue reading
It isn’t your fault. You bought the fairy-tale story that the law schools were selling. You went to law school with the intentions of joining a large firm, just like countless law students before you. You would make a great living and work on cases that garnered national attention. However, when you graduated, you realized that reality was nothing like the fairy-tale you’d imagined. If you went to a large firm, you probably were compensated better than your classmates. Yet if you compared what you were paid to the amount of hours you put in, you were … Continue reading
Not so long ago, we celebrated the 10-year anniversary of our law firm. It was a wonderful event with more than 100 of our friends and past clients. As I approached the stage to address the audience, I was overcome with nostalgia. How did we create this amazing and productive community of lawyers, legal assistants, support staff, and clients, all working together as one successful unit? The synergy of the event was inspirational. I was proud to say the least. At that moment, I realized that I could do more. I believe there are far too few resources directly addressing the … Continue reading