PODCAST · business
The Law Firm Owner Podcast
by Melissa Shanahan
The Law Firm Owner Podcast, powered by Velocity Work, is the go-to resource for law firm owners looking to take their business to the next level. Host and founder Melissa Shanahan shares insights and practical advice on how to organize your numbers, grow your team, increase your revenue, and achieve a better work-life balance. Through quarterly strategic planning, accountability, and coaching, Melissa shows listeners how to create sustainable success for both their firms and their personal lives. Tune in each week to join the community of law firm owners who are committed to taking their businesses from where they are now to where they want to be.
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#379: Generosity Has to Be Engineered for a Healthy Business
Generosity is a value many law firm owners want to prioritize, but what happens when that generosity is not supported by a healthy business? In this episode, Melissa explores why good intentions are not enough and why generosity has to be intentionally designed into the firm. Taking care of your team through benefits, compensation, flexibility, and other investments is a worthwhile goal. But when those decisions are made without considering the health of the business, the firm can end up carrying costs it cannot sustain. Melissa shares why the entity itself has to be strong enough to provide generosity and how owners can evaluate whether their current approach is creating long-term stability. In this episode, you'll learn how to think differently about generosity, the financial metrics that reveal whether your firm can support your current investments, and why protecting the health of the business is ultimately what allows you to take better care of your people. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://vwrk.cc/gideonasen Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/379
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#378: Financial Clarity and Law Firm Profitability with Shavon Smith
What changes when you stop guessing about your firm's financial health and start understanding what the numbers are actually telling you? In this episode, Melissa continues her conversation with Velocity Work client Shavon Smith about the financial clarity that helped her better understand her firm, identify opportunities, and make more intentional decisions about growth. Shavon shares how looking more closely at write-offs, producer multiple, hours, and financial data changed the way she viewed the business. She discusses the mindset behind cutting time from bills, how tracking the numbers helped her change those habits, and how clearer financial visibility created more confidence around hiring, capacity, and future growth. This episode will help you think differently about the role financial data plays in running a law firm. You'll learn why understanding your numbers creates more options, how profitability metrics can reveal the health of your business, and why having better visibility allows you to make decisions from a place of confidence instead of uncertainty. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://vwrk.cc/gideonasen Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/378 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#377: Valuing Your Expertise and Growing Your Law Firm with Shavon Smith
What happens when a law firm owner realizes growth requires more than just continuing to work harder? In this episode, Melissa sits down with Velocity Work client Shavon Smith, a business attorney who serves entrepreneurs and growing companies as a fractional general counsel, to talk about the shifts that helped her move beyond a growth ceiling and run her firm more intentionally. Shavon shares what changed when she started looking more closely at the numbers, setting clearer standards, and making decisions based on data instead of instinct. She discusses raising her rates, valuing her experience, delegating more effectively, creating better expectations for her team, and becoming more selective about the clients and work she takes on. This episode will help you think differently about what it takes to grow a law firm without simply adding more hours. You'll learn why visibility into your numbers changes the decisions you make, how valuing your expertise affects profitability, and why intentional changes in how you lead can create more capacity and alignment in your firm. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://vwrk.cc/gideonasen Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/377 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#376: Supporting Law Firm Growth: People, Systems, and Culture with Jenni Evans
What happens when your law firm grows faster than your capacity to keep doing everything the way you always have? Jenni Evans, the operational backbone at Evans Family Law and Velocity Work client, joins Melissa to share her perspective on the firm's evolution and 48% growth over the past year. As the firm has grown, so have the demands on Jenni's role, making it clear where the business and its people need more support. In this episode, Melissa and Jenni discuss the work happening behind the scenes at Evans Family Law. Jenni shares how they have invested in their people, built a strong culture of accountability and support, and learned to surround themselves with partners who bring expertise to the business. She also shares what she is learning about letting go of lower value work so she can focus on where she contributes most. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://vwrk.cc/gideonasen Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/376 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#375: The Honest Assessment Every Law Firm Owner Needs with Jimmy Evans
What happens when you take an honest look at your law firm and realize some of the things that need to change might not be what you expected? In this episode, Melissa continues her conversation with Velocity Work client Jimmy Evans about the importance of challenging assumptions, using data to make decisions, and being willing to adjust how you lead your firm. Jimmy shares what he has learned from evaluating his firm's growth, including the changes he made around hiring, team expectations, and accountability. He discusses why experience alone is not always the best indicator of the right hire, how data can reveal opportunities and blind spots, and why owners have to be willing to step back and ask whether their current approach is actually serving the firm they want to build. This episode will help you think differently about how you lead and grow your law firm. You'll learn why honest assessment is essential for making better decisions, how hiring for the right qualities can change your team, and why creating clear expectations and accountability allows the right people to thrive. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://vwrk.cc/gideonasen Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/375 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#374: Investing in Your Team to Create a Mission-Driven Firm with Jimmy Evans
What happens after you hire the right people? The next challenge is making sure they understand how your firm operates, what you value, and what it takes to deliver the experience your clients expect. In this episode, Melissa continues her conversation with Velocity Work client Jimmy Evans about the intentional investment he made in developing his team and creating a mission-driven firm. Jimmy shares how he created an incubator and accelerator process to transfer his knowledge, systems, and approach to his team. He explains why hiring experienced people is not enough, why owners cannot expect team members to simply know how they do things, and how investing upfront in training creates stronger alignment, confidence, and consistency over time. This episode will help you rethink how you develop people inside your law firm. You'll learn why your expertise needs to be transferred intentionally, how creating systems around your values strengthens your team, and why investing in your people can become one of the most important decisions you make as an owner. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://vwrk.cc/gideonasen Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/374 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#373: Rebuilding a Law Firm Around the Right People with Jimmy Evans
What happens when you realize the biggest challenge in your law firm isn't your clients or your reputation, but the people and culture needed to support the firm you want to build? In this episode, Melissa sits down with Velocity Work client Jimmy Evans, owner of a family law practice, to discuss the difficult decisions he made to rebuild his team around a clear mission, stronger accountability, and the right people. Jimmy shares the story of how he went from believing he could solve his firm's challenges through hard work and investing in his team to recognizing that something deeper needed to change. He discusses the difficult process of rebuilding his culture, making tough personnel decisions, using data to understand what was really happening inside the firm, and creating a team aligned with the values and mission of his firm. This episode will help you think differently about the role of leadership in building a law firm that can grow beyond you. You'll learn why hiring the right people matters more than simply filling roles, how accountability and clarity shape culture, and why making difficult decisions can create the foundation for a stronger firm. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/373 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#372: Reaching Your Revenue Goals: Reverse Engineering the Plan
A revenue goal is more than just a number on a page. To make it a reality, you need to understand what has to happen underneath it. In this episode, Melissa walks through how to reverse engineer your revenue goal by breaking it down into the smaller goals, data points, and strategic priorities that create a clear path forward. Melissa explains how understanding your average revenue per matter, the percentage each revenue stream contributes, and the numbers behind your firm can transform the way you plan. Instead of relying on assumptions or simply hoping you reach a target, you can use real data to understand what needs to happen to move your firm forward. If you want to create a more strategic approach to your firm's growth, this episode will help you understand how to work backwards from your goals and identify the actions that make them achievable. You'll learn how to use the right numbers to plan with more clarity, make smarter decisions, and build a roadmap based on what is actually possible for your firm. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/372 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#371: Get Out of Your Own Way: Strategic Planning With the Right Partner
Strategic planning can feel overwhelming when you try to do it all on your own. In this episode, Melissa explains why law firm owners often get stuck and how having the right partner or support can help you clarify priorities, make better decisions, and maintain momentum throughout the planning process. Melissa walks through common pitfalls owners face when attempting to facilitate their own strategic plan and shows how structured support can help you stay focused, evaluate opportunities, and plan effectively without feeling overwhelmed. You'll hear practical insights on balancing ownership, leadership, and accountability while making strategic decisions that move your firm forward. This episode will help you see why you don't have to do strategic planning alone, how to leverage support effectively, and how to approach your firm's priorities with clarity and direction. By integrating these practices, you can make intentional progress, maintain focus, and set your law firm up for sustainable growth. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/371 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#370: Mid-Year Reflection: 4 Anchors for Clarity and Growth
As the year moves into its second half, are you clear on what truly matters for your law firm and where you want to end the year? In this episode, Melissa shares a framework of four anchors you can use to reflect on your current situation. This is a good time to focus on your priorities and take intentional actions that drive meaningful progress. Melissa explains how these anchors can help you evaluate opportunities and clarify next steps. They provide perspective on where to allocate resources, how to prioritize effectively, and ways to stay focused without feeling overwhelmed. Applying this approach lets you guide the rest of the year strategically while managing your time and energy intentionally. By the end of the year, you'll be able to look back with confidence knowing you addressed what mattered most. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/370 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#369: Personal Integrity: Did I Do What I Said I Was Going To Do?
Following through on your own commitments is one of the most important ways to build self-trust and personal integrity. In this episode, Melissa breaks down how law firm owners can use a simple daily question, "Did I do what I said I was going to do today?" to measure progress and maintain accountability in both personal and professional life. Melissa explains how this approach can help you prioritize what matters most, plan your time intentionally, and avoid letting overwhelm or distractions derail your goals. She also highlights the importance of balancing work, family, and personal well-being while keeping commitments to yourself. If you want to strengthen your self-trust and make intentional decisions in your law firm, this episode will show how following through on daily commitments drives consistent personal and professional results. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/369 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#368: Navigating Risk and Opportunity in Your Law Firm with Bobby & Abby Botnick
Law firm owners often face difficult decisions when strategic changes are needed. In this episode, Melissa sits down with Velocity Work clients Bobby and Abby Botnick to discuss how they navigated risk and opportunity while making major changes in their criminal defense practice. They share insights on evaluating options, weighing trade-offs, and making thoughtful decisions that support long-term growth. Melissa and the Botnicks explore the challenges of balancing risk with opportunity, how to assess the impact of key decisions, and strategies for executing changes without disrupting firm operations or partnership dynamics. They also discuss lessons learned from previous changes and how those experiences inform better decision-making today. If you want to understand how to manage strategic change in your law firm, this episode will help you identify the decisions that matter most, evaluate risk effectively, and implement changes that drive sustainable growth. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/368 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#367: Scaling a Law Firm Together: Hiring and Delegation with Bobby & Abby Botnick
Scaling a law firm with your spouse presents unique challenges and opportunities. In this episode, Melissa sits down with Velocity Work clients Bobby and Abby Botnick, who run a criminal defense practice, to discuss how they grew their firm together, sharing insights into hiring, delegation, and managing responsibilities. Melissa and the Botnicks explore how to identify the right time to hire, set clear expectations, and delegate effectively. They also discuss how building systems and refining processes have helped them manage workload and reduce stress while supporting both personal and professional partnerships. If you want to understand how to grow your law firm while working closely with a partner, this episode will help you see what decisions matter most, make strategic hires, and build a team that supports your growth and your marriage. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/367 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#366: The First Quarter After a Strategic Reset: Why It Feels Hard and What to Do About It
The first quarter after a strategic reset can feel unexpectedly hard for law firm owners. In this episode, Melissa explains why momentum after a reset often feels heavy and why the work can seem more challenging than anticipated. You'll hear insights on what to expect in the early stages and how to navigate the initial push of implementing strategic changes. Melissa discusses why progress can feel slower than expected and how to keep perspective during this period. She shares strategies for staying focused, maintaining energy, and approaching each decision intentionally as you implement changes from a recent reset or planning retreat. If you want to understand what's typical after a strategic reset and how to maintain forward momentum, this episode will help you recognize the challenges of the first quarter, prioritize effectively, and approach your firm's next steps with clarity. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Calculate your producer multiple with our free Producer Calculator here: https://vwrk.cc/pm Get full show notes, transcript, and more information here: https://www.velocitywork.com/366 Watch this episode on YouTube: https://youtube.com/@velocitywork
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#365: A Law Firm Growth Diagram: Intentionally Change Your Trajectory
Many law firm owners struggle to see the bigger picture of their firm's growth and wonder what steps will move them forward. In this episode, Melissa introduces a diagram that maps different stages of law firm growth, showing how decisions and priorities influence the firm's trajectory. You'll learn how recognizing where your firm is on this path can provide clarity and perspective as you consider next steps. Melissa explains how the diagram highlights key points where choices matter most, helping you identify areas that may need more attention or support. Understanding your firm's current stage can guide the decisions you make day to day and help you approach growth more intentionally. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Get full show notes, transcript, and more information here: https://www.velocitywork.com/365 Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://www.elawvate.fm/show/elawvate-build-grow-your-law-firm/ Watch this episode on YouTube: https://youtube.com/@velocitywork Monday Map / Friday Wrap: https://www.velocitywork.com/monday-map
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#364: Your Capacity Is Data, Not a Character Flaw
Many law firm owners reach a point where they feel maxed out and wonder if the business itself is the problem. In this episode, Melissa explores how to separate personal capacity from the challenges of running a firm and why feeling overwhelmed doesn't mean the business is failing. She explains how to read your own bandwidth as data and gain clarity on what's truly holding you back. Melissa also discusses practical ways to assess your limits and make better decisions about where to focus your energy. She shares strategies for understanding when to step back, when to delegate, and how to protect both your personal capacity and your firm's performance. If you are feeling stretched or considering changes in your workload or responsibilities, this episode offers guidance on recognizing your true capacity, managing overwhelm, and making decisions that support sustainable growth. Listen to learn how to read your capacity and make informed decisions about your future. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Get full show notes, transcript, and more information here: https://www.velocitywork.com/364 Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://www.elawvate.fm/show/elawvate-build-grow-your-law-firm/ Watch this episode on YouTube: https://youtube.com/@velocitywork Monday Map / Friday Wrap: https://www.velocitywork.com/monday-map
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#363: When Your Firm Hits a Capacity Ceiling, Elevate the Constraint
Law firm owners often hit a point where the firm can't keep up with demand, and work piles up. In this episode, Melissa explains how to recognize these bottlenecks, what causes them, and how they can limit growth and profitability. She covers the key signs that your firm is reaching its capacity ceiling and how to approach these constraints strategically. Melissa also discusses practical ways to address bottlenecks, including reallocating resources, adjusting processes, and identifying which constraints to elevate first. She shares how disciplined execution and thoughtful decision-making can turn capacity limits into opportunities for better flow and stronger results across the firm. If you are looking to grow your law firm sustainably, this episode offers guidance on identifying and solving bottlenecks, optimizing throughput, and making strategic decisions that keep your firm moving efficiently while protecting profit and team performance. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Get full show notes, transcript, and more information here: https://www.velocitywork.com/363 Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://www.elawvate.fm/show/elawvate-build-grow-your-law-firm/ Watch this episode on YouTube: https://youtube.com/@velocitywork Monday Map / Friday Wrap: https://www.velocitywork.com/monday-map
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#362: The Employee You Keep Excusing: Why the Problem Isn't What You Think
Law firm owners sometimes keep employees who are holding the team back, convincing themselves the problem isn't what it seems. In this episode, Melissa explores why that happens and what it costs you, your team, and your firm. She covers the signs of broken trust, the impact on morale and productivity, and why taking action is essential for maintaining a high-performing team. Melissa also discusses how delayed terminations can create bigger problems over time and offers guidance on how to make leadership decisions that protect both your team and your business. This episode provides a framework for identifying issues early and addressing them strategically. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Get full show notes, transcript, and more information here: https://www.velocitywork.com/362 Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://www.elawvate.fm/show/elawvate-build-grow-your-law-firm/ Watch this episode on YouTube: https://youtube.com/@velocitywork Monday Map / Friday Wrap: https://www.velocitywork.com/monday-map
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#361: Structuring Successful Law Firm Deals: Fit, Strategy, and MSOs with Michael Di Gennaro
Law firm transactions are about far more than valuation or signing paperwork. What actually makes a deal succeed or fall apart? In this episode, Melissa is joined again by Michael Di Gennaro of The Law Practice Exchange to explore the strategic, operational, and relational factors that shape successful law firm deals. Melissa and Michael discuss why strong deal structure, proper representation, and clear alignment are essential for successful transactions. If you are thinking about selling, buying, scaling, or planning your long-term exit strategy, this episode offers an advanced look at what it takes to structure better deals and protect both value and legacy. Learn how to think beyond headline valuation, avoid costly mistakes, and position your firm for stronger opportunities in an evolving legal marketplace. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Get full show notes, transcript, and more information here: https://www.velocitywork.com/361 Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://www.elawvate.fm/show/elawvate-build-grow-your-law-firm/ Watch this episode on YouTube: https://youtube.com/@velocitywork Monday Map / Friday Wrap: https://www.velocitywork.com/monday-map
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#360: MSOs for Law Firms: Succession Planning, Valuation, and Private Capital with Michael Di Gennaro
What happens to your law firm's value, clients, and legacy if you do not have a clear succession plan in place? For many owners, Management Services Organizations (MSOs) may seem like something reserved for massive firms or private equity headlines, but understanding how these structures work could have major implications for your future. In this episode, law firm transactions expert Michael Di Gennaro returns to explain Management Services Organizations and their growing role in succession planning, valuation, and private capital. He breaks down how MSOs function, why they matter, and what law firm owners need to understand about preserving firm value. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Get full show notes, transcript, and more information here: https://www.velocitywork.com/360 Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://www.elawvate.fm/show/elawvate-build-grow-your-law-firm/ Watch this episode on YouTube: https://youtube.com/@velocitywork Monday Map / Friday Wrap: https://www.velocitywork.com/monday-map
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#359: Law Firm Acquisitions: Deal Structures and Financing Explained with Michael Di Gennaro
Have you ever assumed buying a law firm was out of reach because you do not have the capital or experience? Melissa sits down with Michael Di Gennaro from Law Practice Exchange to break down the financial side of buying a law firm. They explore how most deals are structured, including cash down, earn outs, and alternative financing options. Michael explains why many acquisitions are designed to be financially viable for the buyer and how different deal structures can support a range of goals depending on the size of the firm and the path you want to take. You will hear why buying a law firm may be more accessible than you think and how to begin evaluating whether it is a strategic move for your growth. If you have ever considered acquisition as a lever in your firm but assumed it was not realistic, this episode will give you a clearer picture of what is possible and what to consider next. Let's talk! If you are a law firm owner looking to talk with us about partnering on your personal and professional growth, book a short, free, no-pressure call with Melissa here: https://velocitywork.com/calendar Get full show notes, transcript, and more information here: https://www.velocitywork.com/359 Check out Ben Gideon and Jeff Wright's podcast Elawvate: Build and Grow Your Law Firm on Apple, Spotify, or wherever you get your podcasts: https://www.elawvate.fm/show/elawvate-build-grow-your-law-firm/ Watch this episode on YouTube: https://youtube.com/@velocitywork Monday Map / Friday Wrap: https://www.velocitywork.com/monday-map
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ABOUT THIS SHOW
The Law Firm Owner Podcast, powered by Velocity Work, is the go-to resource for law firm owners looking to take their business to the next level. Host and founder Melissa Shanahan shares insights and practical advice on how to organize your numbers, grow your team, increase your revenue, and achieve a better work-life balance. Through quarterly strategic planning, accountability, and coaching, Melissa shows listeners how to create sustainable success for both their firms and their personal lives. Tune in each week to join the community of law firm owners who are committed to taking their businesses from where they are now to where they want to be.
HOSTED BY
Melissa Shanahan
CATEGORIES
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