We sit down with Wendy Witt, founder of the Million Dollar Attorney, to find out how she helps lawyers change their mindsets, achieve specific goals, and grow their firms.
How To Break $1M In Revenue In A Law Firm Staffed Only By The Owners
Toady’s Hot Take is from Forbes.com, “He Said “No” To Law-Firm Life And Built A Six-Figure Solo Practice Helping Others In Need, ” by Elaine Pofeldt. This is the third post of a three part series that chronicles the journey of a lawyer from solo to joining a larger firm and then back to solo. She writes:
“The number of professionals making decisions like Lima’s is rising. The total tally of small businesses in the U.S.—most of them one-person operations—will rise from about 30 million in 2014 to about 42 million in 2026, according to Intuit’s Future of Small Business report, which dubs solo firms “personal businesses.” Lima is among a growing number of solopreneurs who are figuring out how to generate six-figure revenue while navigating the challenges of operating independently.”
It’s not so far-fetched really – with more tech advances and gig-working lawyers bridging the gap between the capabilities of a small firm and a larger firm, it seems the major barriers left are those created by law firm culture and self doubt.
Making Millionaires out of Lawyers
Wendy Witt spent 15 years as a Trusts and Estates Attorney before moving to the business side becoming a Master Law Firm Business Strategist and Attorney Success Consultant and launching “Million Dollar Attorney” where she’s helped over 8000 lawyers step on the gas, accelerate their firms financial growth, and achieve the success and freedom they crave. Wendy got her JD from the Dickinson School of Law, she’s got a degree in psychology, she’s an ABA published author, she’s been quoted and noted everywhere, and now, after all that, her career takes a stunning turn with an appearance on the LAWsome podcast
Get More Information About Achieving Measurable Financial Success and Personal Freedom for Lawyers
Be sure to listen to the entire podcast episode for information and conversation about how to build a system for success, earn the money you want and still have the time to do what you enjoy. If you want more LAWsome subscribe to the show on your favorite podcast platform, and for the latest in legal marketing insights and information be sure to subscribe to the Consultwebs Newsletter here –>SUBSCRIBE<—