The Business Side of Law: What They Don’t Teach in Law School

Episode Summary: In this episode of Resilience and Resolve, Lance Drury shares what law school never prepared him for — running a law firm like a business. Drawing from decades of experience, he discusses how to market effectively, build the right team, and think like an entrepreneur. Lance also offers insight into his firm’s national expansion, the importance of financial management, and why every attorney should embrace modern tools like artificial intelligence to stay competitive. Timestamps: 00:00 – Why running a law firm requires more than legal skills 02:00 – Realizing the difference between law and business 04:00 – How marketing and radio helped launch a successful practice 05:00 – Lessons learned from taking calculated risks 07:00 – Expanding into major markets across the U.S. 09:00 – Why lawyers must think like entrepreneurs 10:00 – Building the right legal team and hiring strategies that work 12:00 – How marketing and referrals built a national reputation 13:00 – Keeping a law firm financially healthy 14:00 – The importance of tracking ROI and adapting marketing methods 15:00 – Balancing leadership, innovation, and long-term vision About the Show: Resilience and Resolve features Lance Drury helps individuals and small business owners fight back when the IRS comes calling. With over 20 years of experience, Attorney Lance Drury shares expert strategies to protect assets, prevent tax problems, and build financial peace of mind.