Un-Billable Hour: Business Management Strategies for the Busy Lawyer Around the Community Table

Applying Lean Startup Principles to a Law Firm


Listen Later

While identifying a client base, deciding on office space, and making countless other decisions, assumptions are made when developing a legal business plan that are, at best, educated guesses. Many startups have decided to follow in the path of previous companies only to find that their firm does not thrive in such a structured methodology. In the incredibly complicated world of legal business, social media attorney Scott Malouf argues that the Lean Startup method provides an alternative and relatively efficient approach to identifying the specific needs of potential clients.

Lean Startup is a trial and error based business model in which a startup company makes small, specific assumptions and does vigorous testing on the results rather than depending on a big picture business plan. On this episode of The Un-Billable Hour, Christopher T. Anderson interviews Malouf about the benefits and difficulties of applying Lean Startup to law firms. New law firms can benefit by limiting wasted money, efforts, and time by truly sampling what clients might want and eliminating unnecessary services according to direct feedback. However, there may be challenges in ethical statutes surrounding lack of certain services and the ability to be transparent with clients.

Scott Malouf is an attorney who helps other attorneys turn texts, social media, and web-based information into evidence and advises in social media risk reduction. He has extensive insight into the best practices for startups, challenges that may arise, and examples of how he has personally applied Lean to his practice. He writes the Social Media Law column for the New York Daily Record and can be found on Twitter @scottmalouf.

Stick around to the end for details on how you can learn more about Lean Startup.

...more
View all episodesView all episodes
Download on the App Store

Un-Billable Hour: Business Management Strategies for the Busy Lawyer Around the Community TableBy Legal Talk Network

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

31 ratings


More shows like Un-Billable Hour: Business Management Strategies for the Busy Lawyer Around the Community Table

View all
This American Life by This American Life

This American Life

90,613 Listeners

Best's Insurance Law Podcast by Best's Recommended Insurance Attorneys & Adjusters

Best's Insurance Law Podcast

20 Listeners

The Digital Edge by Legal Talk Network

The Digital Edge

14 Listeners

The Kennedy-Mighell Report by Legal Talk Network

The Kennedy-Mighell Report

10 Listeners

The Paralegal Voice by Legal Talk Network

The Paralegal Voice

57 Listeners

The Legal Toolkit by Legal Talk Network

The Legal Toolkit

26 Listeners

Digital Detectives by Legal Talk Network

Digital Detectives

22 Listeners

New Solo by Legal Talk Network

New Solo

115 Listeners

Lawyerist Podcast by Lawyerist.com

Lawyerist Podcast

136 Listeners

On the Road with Legal Talk Network by Legal Talk Network

On the Road with Legal Talk Network

8 Listeners

Lunch Hour Legal Marketing by Legal Talk Network

Lunch Hour Legal Marketing

53 Listeners

Above the Law - Thinking Like a Lawyer by Legal Talk Network

Above the Law - Thinking Like a Lawyer

457 Listeners

The Law Entrepreneur by Sam Mollaei and Neil Tyra

The Law Entrepreneur

2 Listeners

ABA Journal: Asked and Answered by Legal Talk Network

ABA Journal: Asked and Answered

9 Listeners

ABA Journal: Modern Law Library by Legal Talk Network

ABA Journal: Modern Law Library

37 Listeners

State Bar of Texas Podcast by Legal Talk Network

State Bar of Texas Podcast

33 Listeners

Maximum Lawyer by Tyson Mutrux

Maximum Lawyer

201 Listeners

Pod Save America by Crooked Media

Pod Save America

86,163 Listeners

Up First from NPR by NPR

Up First from NPR

55,842 Listeners

State Bar of Michigan: On Balance Podcast by Legal Talk Network

State Bar of Michigan: On Balance Podcast

13 Listeners

@theBar by Legal Talk Network

@theBar

47 Listeners

The Peter Attia Drive by Peter Attia, MD

The Peter Attia Drive

7,955 Listeners

Profit with Law: Profitable Law Firm Growth by Moshe Amsel

Profit with Law: Profitable Law Firm Growth

90 Listeners

Fiction - Comedy Fiction by The Sunset Explorers

Fiction - Comedy Fiction

6,443 Listeners

The Law Firm Owner Podcast by Melissa Shanahan

The Law Firm Owner Podcast

33 Listeners

BE THAT LAWYER by Steve Fretzin

BE THAT LAWYER

47 Listeners

The Game Changing Attorney Podcast with Michael Mogill by Michael Mogill

The Game Changing Attorney Podcast with Michael Mogill

519 Listeners

Litigation Radio by Legal Talk Network

Litigation Radio

32 Listeners

SideBar: Optimism In Action - Conversations with Lawyers & Leaders Inspiring Positive Change by Legal Talk Network

SideBar: Optimism In Action - Conversations with Lawyers & Leaders Inspiring Positive Change

38 Listeners

For the Innocent: A Podcast About Wrongful Convictions, Legal Failures, Prison, True Crime, Forensic Science, and Criminal Justice by Legal Talk Network

For the Innocent: A Podcast About Wrongful Convictions, Legal Failures, Prison, True Crime, Forensic Science, and Criminal Justice

46 Listeners

In Dispute: 10 Famous Trials That Changed History by Attorney J Craig Williams and Legal Talk Network

In Dispute: 10 Famous Trials That Changed History

4 Listeners