How To Structure Personal Injury Firms

Mills Knows Bills

Welcome to the Mills Knows Bills Podcast! Host Mills Bender, founder and CEO of Mills Knows Bills, discusses strategies for variable income earners to manage their finances effectively. Let's get to those burning financial questions!

*Please note that we had some technical difficulties while shooting this episode. It in no way takes away from the valuable information that you will find!

In this episode, Mills is joined by special guest Hope Soto, a personal injury lawyer from Miami. Hope seeks advice on how to structure her law firm’s budget and manage finances while working on a contingency fee basis. Mills provides detailed strategies, including creating specific savings accounts and using the "profit first" method. The discussion also covers maximizing recovery for emotional damages in injury cases. Tune in for valuable financial tips and resources for financially structuring a legal firm.

To connect with Hope:

Website: https://www.sotolawfl.com/attorney-hope-soto/

Instagram: https://www.instagram.com/hopesoto.esq/

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Instagram: https://instagram.com/@millsknowsbills

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Website: https://MillsKnowsBills.com

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00:00 Introduction to Mills Knows Bills Podcast

01:07 Special Guest Introduction: Hope Soto

01:56 Hope's Financial Question

02:53 Mills' Financial Advice for Hope

05:30 Implementing Financial Strategies

05:46 Profit First Method Explained

10:01 Hope's Legal Practice and Services

11:57 Conclusion and Final Thoughts

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