Becoming a Deep Expert of Law and Running a Business ft. Michael Whelan ML108

In this episode, Jim and Tyson interview Michael Whelan. Michael runs his own law firm, organizes a lawyer conference and is writing a book about running a law business. They will go over his background, the conference and the book; it’s main principles about being a solo practitioner, deep expertise and legal supply chain. “Law is not a business plan, it’s a product, it’s a monetization strategy. It’s how we turn knowledge in to cash so that we can live. How we do that is really up to us.” The conference: http://www.lawyerforward.com/ The Book:You can sign up to be on a mailing list where Michael talks about what’s going on with the book: http://www.lawyerforward.com/bookupdates/ 3 main ideas: Financial capital is not a good play for specially solo attorneys, but social capital is highly available, and should be the leverage point for people trying to run their own law firms.The 2 most valuable pieces of any transaction are the relationship and deep expertise.People should connect on a legal supply chain. A different way to structure human capital. Hacking’s hack: Jim’s been listening to James Schramko (https://www.superfastbusiness.com/about/) and he said something that really struck a nerve with him. “I create content when I have something to say.” Michael’s tip: A daily task app that is fantastic and it’s gamified. Great to use with your kids.https://habitica.com/static/home Tyson’s tip: A tool to manage social media.https://www.agorapulse.com/ // Thanks so much for listening to the show! If you want to know more about this and keep on maximizing your firm, please join our Facebook Group or like us on Facebook and comment!You can also go to MaximumLawyer.com or, if you’d prefer, email us at: [email protected] Do you want to get on the show? Shoot us an email or message us! The Maximum Lawyer Podcast. Partner up, and maximize your firm. Resources:Join the Guild MembershipSubscribe to the Maximum Lawyer Youtube ChannelFollow us on InstagramJoin the Facebook GroupFollow the Facebook PageFollow us on LinkedIn