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I'm Jayden Doye and I'm delighted that you've joined me for the Law & Quarter Podcast. I'm known as the Traveling CPA, and I've dedicated my professional life to helping law firm owners reach new heights and catch more flights. I believe that you don't have to be tied to a desk seven days a week to have a profitable firm. That's why I'm here bringing ideas and information that can help you create a first-class firm that pays you the salary you deserve and provides you with the lifestyle you ...
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Join us as we discuss new and fresh ideas to help you grow your Law Firm. Each episode, we will interview a new expert who will provide you with the needed insight plus tips and tricks to help you grow your firm.
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In this episode, we talk to Sarah Tetlow, a productivity expert and lawyer, about how to be more productive in your law practice. Sarah shares her tips on how to set priorities, manage your time, and avoid distractions. She also talks about the importance of taking breaks and how to create a sustainable workflow. If you're a busy lawyer who is look…
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In this episode, join Nick Leydorf as he explores the power of humor in the legal profession. Discover how laughter can enhance communication, relieve stress, and build stronger relationships with clients and colleagues. Nick shares his personal experiences and practical tips for incorporating humor into the practice of law, making the legal world …
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In this episode Ryan Kimler delves deep into the strategies and tactics used by successful law firm owners to build and grow their practices. We explore topics such as marketing and business development, client retention and satisfaction, staff management, and financial planning, among others. Whether you're a solo practitioner or managing a team o…
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In this podcast, Jordan Ostroff, will answer legal questions and offer expert advice on a wide range of legal topics. From personal injury cases to business law, Jordan's extensive legal knowledge and experience will provide invaluable insights into the often confusing world of law. Together, we'll explore the ins and outs of legal issues facing en…
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Jayden Doye, is a business coach and consultant who has helped numerous entrepreneurs and small business owners grow their businesses and increase their bottom line. Together, we will dive into the key strategies and tactics for improving your business's profitability, including tips for reducing costs, increasing revenue, and optimizing your prici…
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Alexandra Watkins, is a branding expert and the author of the book "Hello, My Name is Awesome: How to Create Brand Names That Stick." Together, we will delve into the importance of a brand name, the psychology behind it, and how to create a memorable and effective brand name. Join us as we uncover the secrets of successful branding and discover why…
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Ryan McKeen, a successful lawyer and entrepreneur, talks about the unique challenges of running a law firm while balancing his good looks and charm. Jordan Ostroff, a fellow lawyer and host, delves deep into Ryan's experiences, discussing his strategies, mistakes, and insights on how to succeed in the legal industry while being this handsome. Join …
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Law firm owners, if you: Get referrals or Want to get referrals, or Want to turn clients into referral sources… THIS is the episode you MUST watch. Stacey Brown Randall will be joining our own Jordan Ostroff for a deep dive into the top 10 tips and then she’ll be in our Solutions for Lawyers, by Lawyers group sharing them in more detail.…
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In a saturated marketplace, a seasoned lawyer must strategically target a specific niche market and craft a tailored marketing plan to stand out, find their big fish, and convert leads into clients. This episode focuses on targeting a niche market through narrowing down potential clients that have a shared goal or need, how to research and plan mar…
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Learn how to set target revenue goals that are both achievable and realistic for your business. Today I discuss revenue goal setting and explain how to set SMART goals for increasing revenue. This includes being specific, measurable, attainable, relevant, and time bound. It also includes understanding the story behind the number, looking at cost pe…
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Discover how to maximize your cash flow and never worry about money management again! Learn about Cash Flow Management with this podcast episode which discusses a new cash flow method that could help improve your firm's profitability. This method involves having four to five bank accounts, including an income account, an operating expense account, …
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Unlock the Power of Grassroot Marketing: Tune in to our Exhibit (A)ttorney episode with Tom St. Louis and discover: What is Grassroot marketing and why is Grassroot marketing important for Lawyers? How to grow your practice through effective grassroots strategies. How lawyers can connect with their community.…
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If there's one thing Netflix did right, it was to train all of us to be on subscription models. But if you look deeper, you'll find a bunch of other ideas that can help your firm grow. Join me and Billie Tarascio, as we explore "No Rules Rules" a book by Netflix co-founder Reed Hastings and Erin Meyer - Evansville.…
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IOLTA Accounts are trust accounts that collect interest and are used to provide free or low-cost civil legal services. Operating accounts and trust accounts are the main difference between a law practice and other businesses. Retainers must go into the trust account, fees come out of the operating account, and money is transferred from the trust ac…
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Today you will learn the secrets of successful budgeting and cost management to save money like a pro! I am back to give you some tips on managing costs and budgeting. When setting income goals, it is important to consider the time, system, and tools necessary to obtain those goals. Additionally, there are both fixed and variable costs to take into…
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Uncover the secrets of successful financial projections and take your business to the next level! Today, you will learn how to create successful financial projections and grow your business, and the importance of planning for a successful law firm. It's important to analyze projected expenses, revenues, and clientele, gather historical data, and cr…
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Learn that Key Performance Indicators (KPIs) are important for measuring progress, setting goals, and ensuring efficiency in law firms. Common KPIs for law firms include billable hours, new client acquisitions, and case is one. Additionally, KPIs can also help measure client satisfaction, marketing efforts, and financial KPIs such as revenue growth…
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Creating one's dream is definitely like an art. Most of the time, we operate on vision, goals, and experiences. Unlike other dreams, we are lucky that the art of building a business involves having several templates we can use to kick-start our journey. It involves developing strategies and tactics for success in the marketplace, building and maint…
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This episode is about the essential financial statements you need for your law firm where I unpack the balance sheet, income statement, and cash flow statement. All three statements are critical for assessing the financial position and profitability of a business. The balance sheet shows assets, liabilities, and equity. The income statement shows r…
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Communication is always a key to a lot of things that can make or break our business. This 2023, I hope that we find just the right strategy that can help us gain more clients and keep them through connections. If you are still wondering how to do that for your firm, then this is the right episode for you. Join our guest Joe Musso as he discusses T…
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This episode is about comparing time & money to help you decide if you should switch software. I will talk about how to determine if it is time to switch software by comparing the savings from labor expenses to the cost of the software. Additionally, you will learn that the implementation cost of the software should be taken into account and that c…
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Want to take your law firm to the next level financially? Then, take advantage of our first episode of the year, where guest Chelsea Williams shares the top 10 tips for growing your law firm's bottom line. Tune in for practical advice and expert insights on increasing profitability and success in the legal industry. Chelsea will also post and talk …
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A determined rainmaker must overcome the challenges of legal automation to reduce labor costs, improve client experience, and scale their firm to multimillion-dollar success. This episode is about the Benefits of automation. I explain how automation can free up time, reduce duplication, provide a better client experience, improve access to data, an…
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Discover the secrets to mastering time management, organization, and prioritization for a successful and stress-free life! This episode is about Time Management, Organization, and Prioritization. Effective time management is key for business success and entrepreneurs must be purposeful when it comes to how they spend their time. This episode provid…
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In a race against time, a “Chief Everything Officer” must delegate, create Standard Operating Procedures, and manage human capital in order to scale their law firm and protect against costly mistakes. This episode is about the power of Standard Operating Procedures (SOPs). I learned that having SOPs in place is essential for law firms, as they can …
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As an attorney, it is very important to plan what entity you are going to be from a tax perspective, and today we're going to talk about the pros and cons of each entity type. Are you considering forming a business entity and unsure of what type to choose? With so many options, it can be overwhelming to decide which type of entity is best for your …
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This episode is about Tax deductions for businesses. I cover different deductions that firm owners should be aware of such as meals, home office, professional fees, furniture, computers, other equipment, the Augusta Rule, and vacation deductions. Furniture, computers, and other equipment are considered fixed assets, so they must be depreciated and …
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In this episode of the podcast, we discuss various tax deductions that law firm owners should be aware of, including strategies like hiring family members and deferring income, to help lower your tax liability. I'm always meeting with law firm owners who are missing out on different tax deductions. It's crazy how much money they're leaving on the t…
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The tax planning process is essential for ensuring that business owners are in the right tax entity. However, many people avoid working with a CPA who specializes in tax planning, which can lead to them not getting the correct advice. This can result in them overpaying taxes, as was the case with one of my clients. By electing that this client be t…
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Do you know the difference between tax planning and tax preparation? If you're like most people, you probably think they're the same thing. But in reality, they're very different. And when you combine the two, that's how you can maximize your personal and business income investments even after you pay your taxes. So, what is tax planning? Tax plann…
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"The more that you actually say it, the more you are telling the universe and the powers that be around you that this is what you want. And that is what you will attract." Today we’re talking about how to properly plan your exit from your current job or firm. If you want to make a successful transition, you should follow these eight steps. The firs…
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"My method is a holistic method that actually addresses all of these topics and will do so from a numbers perspective." I'm a law firm owner, and I know that I need to delegate, but I don't always know what to delegate or to whom. I've been working with a CPA who specializes in law firms, and he's helped me understand where I can cut costs and beco…
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I'm Jayden Doye and I'm delighted that you've joined me for the Law & Quarter Podcast. I'm known as the Traveling CPA, and I've dedicated my professional life to helping law firm owners reach new heights and catch more flights. I believe that you don't have to be tied to a desk seven days a week to have a profitable firm. That's why I'm here bringi…
  continue reading
 
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