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Bad Math - Undercapitalization || Riches in the Niches?

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Manage episode 391893803 series 1037328
Content provided by Legal Talk Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Legal Talk Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Bad math might be holding you back from your business goals, and, later, is it a good or bad idea to diversify your legal practice areas?

_______________________________________________________________

Lawyers aren’t known for their math skills, but those who are business owners need to understand how to budget their money for continued growth. In fact, if you’re not investing enough in your marketing, you might be moving backwards. Gyi and Conrad talk through strategies for effective marketing investments that will help you reach your business goals.

To maximize your revenue, should you undertake multiple niches in your legal practice? It depends. Practice area diversification isn’t all bad—in some markets it might work well for you, but it can also be problematic. They guys break down the pros and cons of a multi-niche legal practice.

The News:

Mentioned in this Episode:

Maximum Lawyer

Ask a question—get some swag!

Leave Us an Apple Review

Lunch Hour Legal Marketing now on YouTube

Lunch Hour Legal Marketing on TikTok

  continue reading

122 episodes

Artwork
iconShare
 
Manage episode 391893803 series 1037328
Content provided by Legal Talk Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Legal Talk Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Bad math might be holding you back from your business goals, and, later, is it a good or bad idea to diversify your legal practice areas?

_______________________________________________________________

Lawyers aren’t known for their math skills, but those who are business owners need to understand how to budget their money for continued growth. In fact, if you’re not investing enough in your marketing, you might be moving backwards. Gyi and Conrad talk through strategies for effective marketing investments that will help you reach your business goals.

To maximize your revenue, should you undertake multiple niches in your legal practice? It depends. Practice area diversification isn’t all bad—in some markets it might work well for you, but it can also be problematic. They guys break down the pros and cons of a multi-niche legal practice.

The News:

Mentioned in this Episode:

Maximum Lawyer

Ask a question—get some swag!

Leave Us an Apple Review

Lunch Hour Legal Marketing now on YouTube

Lunch Hour Legal Marketing on TikTok

  continue reading

122 episodes

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