Why is the traditional law practice model broken, and what can we do about it? with Ali Katz
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In this episode, I speak with Ali Katz, Family Law Attorney and Founder and CEO of New Law Business Model.
What Ali Katz kept discovering was that the traditional law practice model we’ve been taught -- based on forms and documents, billable hours, and one-off transactions -- is broken, both for lawyers and their clients.
So, she invented a new law business model in her own practice back in 2003, and within three years had built a 7-figure law practice on this new model, as a single mom, working just 3 days a week in her office. From there, she founded New Law Business Model to teach her revolutionary model to other lawyers who want to serve families and business owners as a trusted advisor, while loving their lives and law practices.
Today, Ali is the CEO/founder of New Law Business Model, as well as the lead Personal Family Lawyer, serving as senior partner and law business mentor to more than 300 Personal Family Lawyer law firms across the US.
We talk about:
- How the law industry is broken
- Why the scarcity mentality doesn’t work
- What meaningful service means to Ali
- Tips to make your law practice saleable
- How to niche down and why you want to
Resources mentioned in this episode:
- The New Law Business Model: Build a Lucrative Law Practice That You (and Your Clients) Love
- New Law Business Model Resources
- Recapture the Rapture: Rethinking God, Sex, and Death in a World That's Lost Its Mind
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Connect with New Law Business Model here:
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