On The Entrepreneur's Journey

SE01E29 Building Enterprise Value in Law Firms With Michael D'Angelo


Listen Later

In this episode of On the Entrepreneur's Journey, Peter Santry interviews Michael D'Angelo, CEO of DeMayo Law Offices, who shares insights on scaling a personal injury law firm. Mike discusses his transition from business to law, the importance of case selection, and how technology and AI are transforming the legal industry. He also explores the challenges faced by law firms, the role of private equity in the sector, and the future plans for DeMayo Law Offices.


What you'll learn, how:

Mike D'Angelo transitioned from business to law, leveraging his experience.
Scaling a law firm requires a focus on efficiency and specialization.
The intake process is crucial for case selection and profitability.
Technology and AI are essential for streamlining operations in law firms.
Private equity is beginning to invest in law firms, changing the landscape.
Historical data helps in forecasting revenue in a contingency-based model.
Case selection is vital to avoid unproductive cases and expenses.
Many law firms struggle with outdated business practices and technology.
The legal industry is experiencing a generational shift as baby boomers retire.
DeMayo Law Offices aims to capture more market share and explore national expansion.

Connect with Michael via https://www.linkedin.com/in/michaelvdangelo/

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

On The Entrepreneur's JourneyBy Peter Santry