The Law Entrepreneur

By: Sam Mollaei and Neil Tyra
  • Summary

  • Where Entrepreneurship and the Law Meet!
    Copyright 2024 Sam Mollaei and Neil Tyra
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Episodes
  • 424. What's Wrong With Your Marketing?
    Nov 15 2024

    Only 4 weeks and 298 seats left for our Lawyer Club Fiesta event on December 12th!

    Click here to register now: https://bit.ly/lawyerclubfiesta24

    In this episode, Sam Mollaei, Esq. and Neil Tyra, Esq. break down why your marketing might not be hitting the mark with insights on how to transform it into a true growth engine.

    You'll hear how to control your strategy, reach ideal clients, and maximize each step in your client pipeline.

    Key Takeaways from Sam and Neil:

    1.Not Running Ads to Generate Qualified Leads

    Relying on organic reach limits growth, while paid ads on platforms like Google and Facebook provide a scalable and trackable way to generate leads.

    This strategy gives you control over your reach and results, allowing for optimization without depending on unpredictable algorithms.

    2.Over-Relying on Marketing Companies

    Fully outsourcing marketing can lead to misaligned campaigns, as agencies may overlook key audience nuances.

    Engaging in the marketing process helps ensure campaigns align with your brand and objectives.


    3.Not Qualifying Your Leads Effectively

    Failing to qualify leads can strain resources and lower conversion rates.

    Screening questions and AI tools can filter out lower-quality leads, allowing you to focus on those with the highest potential.


    4.Failing to Use Dedicated Virtual Intakers

    Without a CRM and dedicated virtual intake specialists, valuable follow-ups can slip through the cracks, leading to missed opportunities.

    Hiring virtual intakers ensures inquiries are managed promptly, improving conversion rates and saving you time.


    5.Not Speaking in Your Client’s Problem Language

    Focusing on credentials can disconnect you from potential clients who seek solutions.

    Addressing specific pain points and demonstrating how you can help builds trust and fosters stronger connections.


    "Let me be very explicit: in your marketing, don’t talk too much about yourself…80% should be about your clients and their problems, and then 20% about you." Sam Mollaei


    "A lot of attorneys have a mindset that says an intake specialist is a ‘salesy, sleazy salesperson’ type of position, and they don’t want their firm to be known for that, when in fact, it’s 100% the opposite." Neil Tyra


    🚀 Want to SCALE your law firm? Go here: https://bit.ly/3z7R5qM

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    Follow us on social:

    • My Legal Academy YouTube: https://bit.ly/3KGieDs
    • My Legal Academy LinkedIn: https://bit.ly/3X3D5qd
    • My Legal Academy Facebook: https://bit.ly/3VJloN7
    • My Legal Academy Instagram: https://bit.ly/3T9RO1G


    If you’ve enjoyed the podcast,

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    37 mins
  • 423. Why Are the Best Lawyers Not Always the Most Successful?
    Nov 8 2024

    In this episode, Sam Mollaei and Neil Tyra discuss why legal skills alone don’t guarantee success and share strategies to help you thrive in today’s competitive market.

    Learn the essentials to run a law practice like a business, how to take calculated risks, and use marketing to stand out.

    This episode shares insights on how to balance introversion and stay ahead of tech trends, plus tools to turn challenges into growth opportunities.

    Key Takeaways from Sam and Neil:

    1. Not Learning the Business Side of Law

    While many lawyers are skilled in law, few are taught business essentials like financial management and client acquisition, making it harder to grow their practice.

    Investing in business knowledge or hiring experts for accounting, marketing, and operations can bridge this gap.

    2. Not Understanding Marketing in a Saturated Space

    With intense competition in law, standing out now requires a proactive marketing approach beyond legal expertise.

    Mastering digital marketing basics like SEO and social media—or partnering with specialists—will help attract clients early on.


    3. Staying in the Comfort Zone and Not Taking Enough Risk

    Risk aversion limits growth, especially as competition and technology rapidly transform the industry.

    Lawyers who evaluate risks and take bold, calculated actions are better positioned to advance their practices.


    4. Being Introverted or Extroverted When a Balance Is Needed

    Balancing introversion with extroverted skills is essential for building trust, networking, and connecting with clients.

    Adopting an approachable presence—both in person and online—helps create client confidence and professional credibility.


    5. Failing to Keep Up with Changing Industry Trends and Tech Innovations

    As technology accelerates, lawyers must adapt to stay relevant and meet clients’ evolving needs.

    Staying updated on tools like CRM software and AI enhances client service, efficiency, and competitiveness in a fast-paced field.

    "If you're an introvert, you cannot just be an introvert in business. God favors the bold, and God wants you to be a well-rounded person." Sam Mollaei

    "Lawyers are particularly risk-averse…we’re trained to be risk-averse, and that's not consistent with creating a great practice. You have to take risks." Neil Tyra



    🚀 Want to SCALE your law firm? Go here: https://bit.ly/3z7R5qM


    ⭐️ Want to join our FREE lawyer community? Go here: https://bit.ly/4bUMLZz


    Follow us on social:

    • My Legal Academy YouTube: https://bit.ly/3KGieDs
    • My Legal Academy LinkedIn: https://bit.ly/3X3D5qd
    • My Legal Academy Facebook: https://bit.ly/3VJloN7
    • My Legal Academy Instagram: https://bit.ly/3T9RO1G

    If you’ve enjoyed the podcast, please...

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    31 mins
  • 422. 5 Hiring Mistakes Costing You Millions
    Nov 1 2024

    In this episode, Sam Mollaei, Esq. and Neil Tyra, Esq. uncover hidden hiring pitfalls that may be costing your firm millions.

    They share insights from their experiences running successful law practices, offering stories and strategies for both new and seasoned firm owners.

    Poor hiring decisions can derail your business. Tune in to discover actionable steps to enhance your team's performance and culture.

    Key Takeaways from Sam and Neil:

    1. Hiring Talkers Instead of Doers

    Prioritizing candidates for their communication skills over execution ability leads to poor performance.

    Use behavioral questions and trial projects to identify doers, especially for management or operational roles.

    2. Hiring for Skills, Not Cultural Fit

    A strong resume is irrelevant if the candidate disrupts team dynamics.

    Focus on hiring individuals who align with the company culture to enhance long-term productivity and engagement.

    3. Overvaluing Credentials Over Practical Skills

    Impressive qualifications don’t ensure practical skills.

    Favor candidates with hands-on experience who can tackle real-world challenges, especially in small law firms where adaptability is vital.


    4. Failing to Define the Role Clearly

    Unclear job roles create confusion and inefficiency.

    Clearly outline responsibilities, KPIs, and expectations to help new hires understand their role and take ownership.


    5. Not Setting Up a Proper Onboarding Process

    Poor onboarding can lead to disengagement and decreased productivity.

    Create a structured onboarding plan with specific goals and a timeline to align new hires with firm objectives.


    6. Bonus: Not Tracking Performance Metrics from Day One

    Without clear performance metrics, assessing a hire’s contribution is challenging.

    Establish measurable goals and conduct regular reviews to ensure alignment and support growth.

    "If you happen to be a talker, then you're more likely to need a doer. And if you're a doer, then you might potentially want to surround yourself with a couple of talkers." Sam Mollaei

    "It doesn't matter if the person is the greatest thing since sliced cheese. If they're a pain in the backside to work with, they're going to alienate everybody in the office and all your clients around you." Neil Tyra


    References from the episode:

    Scribe- https://scribehow.com/

    Synthesia- https://www.synthesia.io/


    🚀 Want to SCALE your law firm? Go here: https://bit.ly/3z7R5qM


    ⭐️ Want to join our FREE lawyer community? Go here: https://bit.ly/4bUMLZz


    Follow us on social:

    • My Legal Academy YouTube: https://bit.ly/3KGieDs
    • My Legal Academy LinkedIn:...
    Show More Show Less
    31 mins

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