021: Replace Yourself and Grow Your Law Firm! Dana C Palmer, Esq.
Release Date: 11/22/2015
033: Live Q&A Replay - March 1st, 2019
Law Business Podcast
Questions discussed in this episode: Issues with leasehold improvement asset classification Who needs to issue a 1099, when can I expect to receive one? International taxation issues Tax issues international students face
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032: Live Q&A Replay - February 15th, 2019
Law Business Podcast
Questions discussed in this episode: Scam IRS calls Issues with assets and depreciation Filing status and appropriate withholding levels Business management, expenses and overhead Look out for business networking opportunities
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031: Live Q&A Replay - February 8th, 2019
Law Business Podcast
Questions discussed in this episode: Various tax strategies, and keeping more of the money you earned Reasonable and customary business expenses How account systems work together Education expenses and 529 plans More tax notice questions Happy Chinese New Year!
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030: Live Q&A Replay - January 31st, 2019
Law Business Podcast
Questions discussed in this episode: Do I need an accounting software, or using an excel file good enough? Subcontractors vs. Employees: why is workers comp involved? US tax issues when selling a house or property located in a different country Hiring your first employee Tax questions when selling your primary residence
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029: Live Q&A Replay - January 24th, 2019
Law Business Podcast
Questions discussed in this episode: 529 Plan question; employee tuition reimbusement LLC taxation question. What is an S-Corp Does it make sense to put assets into a trust? How to find a good lawyer? What are the risks? What to do if a client uses questionable bookkeeping practices? Property value question; Accounting for rental income and expenses Completing a W-9 form. Why do contractors ask for this form? IRS payment plan issues Estimated tax payments, penalties and interest
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028: Live Q&A Replay - January 17th, 2019
Law Business Podcast
Answering your business, tax & accounting related questions live on Thursday afternoons. Leave your question under the Comments! Questions discussed in this episode: Bookkeeping and best practices Relying on tax advice found on random websites 1099s received that contain mistakes or wrong information W-2 withholding question, and updating W-4s throughout the year Out of pocket medical expenses, and HSA question Can you employ your kids, and give them a W-2? Questions about retirement plans
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027: Best Practices for Financial Management
Law Business Podcast
Build a law firm that serves you! Freedom to pursue what inspires you and makes you happy! Profits to accomplish the things you want! Peace of mind, so that you don’t stay up at night worrying about the future of your law firm. Joy and fulfillment of serving clients that you enjoy working with. Balance. Remember, your firm needs to serve YOU, and not the other way around.
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026: A lawyer’s insight into how business people purchase legal services. Rochelle Friedman Walk, Esq.
Law Business Podcast
This week we had the pleasure of interviewing Rochelle Friedman Walk Esq. She is the president and owner of the successful Walk Law Firm, PA in Tampa, Florida. Rochelle started her career at a major Cleveland law firm and then moved on to become in-house attorney for large corporations. As general counsel she helped companies reorganize, turn around and succeed in business. Rochelle was in a unique position because she was on the purchasing side of legal services. This gave her a great insight into what companies are looking for when hiring outside counsel. How do businesses want to work...
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025: A Safe Space for Clients. Kristin Wilkinson, Esq.
Law Business Podcast
Kristin represents clients in the area of civil litigation and business law, estates, and family law. What sets her apart from her competitors is that she strives to create a safe space for her clients and connect with them on a personal level. Because clients tend to cross personal boundaries, maintaining a healthy distance while showing empathy is a skill Kristin had to master. Kristin’s empathy and warm personality also influences how she runs her law business. She works with clients to provide flexible payment options and prepayment discounts, but she stands firm on getting paid for...
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024: Happy Holidays
Law Business Podcast
I wanted to take a minute to wish you and your beloved ones a Merry Christmas, Happy Hanukkah and a Happy New Year! I wanted to leave you with three short tips for 2017: 1. Choose yourself - give yourself permission to be successful 2. Surround yourself with people who inspire you 3. Prioritize your daily activities and focus on the ones that lead to business growth
info_outlineWe welcome Dana C Palmer, Esq. back on the Law Business Podcast.
To listen to our previous interview with him, please check out episode 012.
The reason we called Dana back the show is because recently he took six (yes, 6!) weeks off of work with emergency access only, and while he was away, his law firm continued to function normally.
We were curious about how he achieved this level of freedom, and what preparations were necessary for his law firm to function without him being in the office.
Dana was more than generous in sharing every detail about the process he went through to achieve his goals.
Taking six weeks off cannot be done without motivated team members. Dana talks about how he finds the right employees, and how he keeps them motivated.
As a real CEO, Dana works a lot on building his business, but spends progressively less time doing actual legal work. To buy his time back and to be able to focus on higher level issues, he kept hiring new team members to replace himself.
Listening to Dana’s experiences really clarifies what “working on your law firm” means in practice.