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How Non-Lawyer Owned Law Firms Could Change the Legal Business Model

Cut To The Chase: Podcast Hosted by Gregg Goldfarb

Release Date: 10/02/2024

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Cut To The Chase: Podcast Hosted by Gregg Goldfarb

Ever wonder why Staten Island feels disconnected from the rest of New York City? The answer goes far deeper than geography… and it starts with transportation decisions made generations ago. In this episode of Cut to the Chase: Podcast, host Gregg Goldfarb is joined by historian and CUNY professor Kenneth Gold (aka Dr. Forgotten Borough) to explain why Staten Island never became part of New York City’s subway system and how that absence continues to shape the borough’s identity, politics, and daily life. From missed early opportunities and the rise of car culture to the realities of...

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Cut To The Chase: Podcast Hosted by Gregg Goldfarb

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Two high-profile public figures face charges, but different outcomes in court?! In two decades covering the biggest trials in America, Adam Klasfeld reports that he has never seen a successful selective prosecution defense—except for a groundbreaking case currently underway that could shift that trend. As legal scrutiny intensifies over the handling of classified information, law firms and legal professionals are being forced to reflect on the complexities of selective prosecution, evidence management, and the impact of public perception on justice. These questions aren't just for...

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Cut To The Chase: Podcast Hosted by Gregg Goldfarb

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Cut To The Chase: Podcast Hosted by Gregg Goldfarb

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Cut To The Chase: Podcast Hosted by Gregg Goldfarb

If the victims in the Boy Scouts of America sexual abuse case aren’t getting paid… who is? And how are NDAs protecting the abusers? Tune in as we break it all down. This week on Cut to the Chase: Podcast, we’re continuing the conversation with attorney Jason Joy, a leading advocate for BSA survivors, and Curtis Garrison, a survivor, speaker, and driving force behind major legislative reform. What to expect in this episode: What is Trey’s Law? Who’s really getting paid from the Boy Scouts abuse case? How NDAs and the law have historically protected institutions and abusers The...

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With nearly 100,000 claimants coming forward in the Boy Scouts of America sexual abuse case, pressure is ramping up and the demand for justice is stronger than ever. Today on Cut to the Chase: Podcast, we’re bringing clarity to one of the largest sexual abuse litigations in U.S. history, answering the question: Why aren’t victims getting compensated? Gregg is joined by two essential voices: attorney Jason Joy, a leading advocate for BSA survivors, and Curtis Garrison, a survivor, speaker, and driving force behind major legislative reform. What to expect in this episode: Why survivors are...

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What happens when you put someone on stage to tell their personal story in front of their community? Unexpected and unforgettable connection. In this episode of Cut to the Chase: Podcast, Gregg Goldfarb sits down with David Levy, the Founder and Artistic Director of Cincinnati’s True Theatre, for an eye-opening conversation about the power of unscripted, real-life storytelling. Inspired by The Moth, David built a thriving storytelling community in Cincinnati where everyday people take the stage to share honest, personal stories around universal themes, from love to crime to the color blue....

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More Episodes

What could happen if non-lawyers start running law firms and how would it reshape the legal landscape?

With Arizona's groundbreaking shift to allow non-lawyers to bring in business for law firms, this episode dives into the broader implications of such industry changes and how they might affect everything from competition to investment opportunities in the legal field.

Today we’re showcasing an episode of Be That Lawyer hosted by Steve Fretzin, a renowned legal business development coach. Steve invited our host, Gregg Goldfarb, on his show to explore how these changes impact the future of law and law firm ownership.

Steve Fretzin has been at the forefront of legal tech discussions and recently participated in a cutting-edge legal tech roundtable. His expertise in leveraging AI to boost firm efficiencies and tackle new business opportunities makes him an invaluable resource for any legal professional.

In this episode, you'll discover how non-lawyer owned law firms could transform the legal business model, the potential for collaborations with major corporations like Google and Deloitte, and the essential role of networking and continuous learning for today's lawyers.

What to expect in this episode:

  • Overview of Arizona's pioneering law changes that allow non-lawyers to own law firms.

  • Potential ripple effects of these changes across other states and the associated boost in tax revenue.

  • How major players such as Google and Deloitte might enter the legal sector, increasing competition for traditional law firms.

  • Interest from Wall Street and insurance companies in investing in the legal industry.

  • The value legal conferences provide in terms of practical knowledge and networking opportunities.

  • Importance of financial advice and support from lenders for diversifying practice areas and growth.

  • The evolution of legal marketing & How you can adapt as a law firm owner.

  • Steve’s and Greg’s personal perspectives on investing in yourself to boost business growth.

Key Actionable Takeaways for Law Firms:

  • Expand Networking: Identify strengths and leverage them to form strategic partnerships and referral networks.

  • Stay Informed: Continuously educate yourself on industry changes and new technologies, especially AI.

  • Diversify Practice Areas: Consider branching out into different legal fields with the help of financial lenders.

  • Invest in Marketing: Hire qualified marketers and make use of social media and TV ads to capture potential clients.

  • Participate in Conferences: Attend legal conferences to gain practical insights and build valuable connections.

  • Adapt Quickly: Embrace the fast-paced nature of client expectations and emerging business models like non-lawyer owned firms.

 

Stay tuned for more updates, and don't miss our next deep dive on Cut to The Chase: Podcast with Gregg Goldfarb!

Subscribe, rate, review, and share this episode of the Cut to the Chase: Podcast to stay ahead in your legal practice!

 

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This episode was produced and brought to you by Reignite Media.