Episode 337 | The Practice You Built vs. The Business You Want
About this episode
Davina Frederick discusses the critical distinction between a law practice and a law firm business, helping lawyers recognize the difference and transform their firms into sustainable businesses.
In this episode of the Wealthy Woman Lawyer® Podcast, Attorney Davina Frederick draws a line most law firm owners have never had drawn for them—and once you see it, the way you look at your firm changes. Have you ever felt that even though you have your own firm—maybe even with other people working alongside you—you’re still doing too much lawyer work and not nearly enough “running the business” work? If so, you’re not alone. Hundreds, maybe thousands, of small law firm owners are caught in the same trap. And most of them don’t realize they’re in it. Davina names the distinction that changes everything: the difference between a law practice and a law firm business. They can look identical from the outside. They are worlds apart from the inside. One pays you while you work. The other pays you whether you’re working or not. One ends when you do. The other becomes a legacy. One is a job in expensive clothing. The other is real wealth. In this conversation, Davina walks you through how to tell, honestly, which one you’ve actually built—and why so many talented, hardworking women lawyers wake up years into their firms only to realize the ceiling they keep hitting is a ceiling they…
More episodes of Wealthy Woman Lawyer Podcast, Helping you create a profitable, sustainable law firm you love
- Episode 335 | The Ryan Kimler Takeover: The Numbers Behind Your Law Firm’s Profit
- Episode 334 | Control Freak to CEO: Breaking the Habit That's Capping Your Law Firm at Six Figures
- Episode 333 | What’s Not Being Said Might Be Costing You More Than You Think with Tracy Callahan
- Episode 332 | Podcast Takeover with Marilyn Jenkins: What Your Online Reputation Is Really Saying About Your Firm
- Episode 331 | The Great Wealth Transfer: Positioning Your Law Firm for the $84 Trillion Shift
- Episode 330 | The Maverick's Playbook — Why the Real Answer to the Gender Wealth Gap is Building Your Own Firm
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