Скачать или смотреть Ep129 CLIPS: The Three Biggest Challenges Lawyers Face When Starting or Growing a Practice in 2025

Join us on Great Practice, Great Life, as we flip the script and invite thought leader Steve Riley into the spotlight as the guest.

Go here to listen → https://atticusadvantage.com/podcast/...

Guest host Glenn Gutek and Steve explore the dynamic and ever-evolving landscape of the legal profession in 2025, discussing how the rapid changes in technology, politics, and economics contribute to the anxiety and stress attorneys face today. Steve shares insights on how lawyers can maintain a healthy balance between their professional commitments and personal well-being. He emphasizes the importance of navigating these challenges while maintaining a clear vision for their lives and practices.

Glenn and Steve’s conversation also explores the role of vision protection in achieving greatness. It's easy to lose sight of one's aspirations amidst the daily grind, but we emphasize the importance of nurturing one's vision and legacy through strategic actions. The fast-paced world, full of social media distractions, requires focused attention and control over where we direct our energy. Steve addresses the detrimental effects of “hurry sickness”. He stresses the importance of pursuing meaningful visions, encouraging attorneys not to settle for mediocrity and to maintain high standards in both their personal and professional lives.

As we navigate the influence of AI on the legal profession, we discuss its impact on traditional business models and billing practices. AI offers efficiencies that challenge the billable hour model, compelling law firms to reassess how they provide value to clients. Steve discusses the trend toward hyper-niching, where attorneys can specialize in highly specific subspecialties, enhancing their practice with AI-driven tools. This episode provides invaluable guidance for lawyers seeking to adapt and thrive amidst the changing legal landscape, making it a must-listen for anyone interested in the future of legal practice.
Thanks to The Best Notary for sponsoring this episode!

In this episode, you will hear:
-Steve Riley discusses the rapid technological, political, and economic changes impacting the legal profession as we approach 2025
-Maintaining a clear vision and high standards amidst the stressors of the fast-paced legal environment
-AI's role in reshaping legal business models and the tension between traditional billing practices and AI-driven efficiencies
-The importance of developing essential business skills, such as communication and relationship building, for legal professionals
-Challenges lawyers face in balancing intense work commitments with personal well-being and family time
-The trend towards hyper-niching in legal practices, leveraging AI to expand specialized subspecialties
-The potential future impact of AI on dispute resolution, billing trends, and the need for lawyers to adapt to maintain their value proposition

Chapter
00:00 - Introduction / Future in focus
03:16 - Business skills for lawyers
07:24 - Hyper-niching trends
09:20 - Human after AI

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Supporting Resources:
Glenn Gutek: atticusadvantage.com/team/glenn-gutek
Steve Riley: atticusadvantage.com/team/steve-riley
The Best Notary: thebestnotary.net/services-overview
Workshop Series: Grow Your Practice With AI: atticusadvantage.com/workshops/grow-your-law-practice-with-ai (Use discount code AIPODCAST300 for $300 off your registration!)
On-Demand Workshop: Billable Hour: atticusadvantage.com/workshops/level-up-your-billable-practice

Episode Credits
If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

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