• Good Guys Make Money, Too. Sometimes Quite A Lot. Building Your Law Practice with Milberg Co-founder Dan Bryson

  • May 16 2024
  • Length: 21 mins
  • Podcast

Good Guys Make Money, Too. Sometimes Quite A Lot. Building Your Law Practice with Milberg Co-founder Dan Bryson

  • Summary

  • Like it or not, law firms are businesses. Lawyers who own their own firms are business people as well as lawyers, but how can lawyers effectively handle the business side of their practice?

    In this episode of Voices of NCAJ, host Amber Nimocks speaks with experienced plaintiffs’ attorney Dan Bryson of Milberg Coleman Bryson Phillips Grossman, LLC, one of the largest and most successful plaintiffs’ firms in the country. Tune in as Amber and Dan discuss tips for building up a law firm from the business side including, contingency fees versus hourly billing, keeping up with emerging technology such as AI, and getting out of bad cases.

    Dan will present at NCAJ's upcoming Strategy Summmit, a Marketing, Business Development & Innovation Conference for Legal Professionals, Sept. 12-13. Register here.

    🎙️ Featured Guest 🎙️

    Name: Dan Bryson | LinkedIn | NCAJ Hero Profile

    Connect: Milberg Coleman Bryson Phillips Grossman, LLC | LinkedIn

    💡 Episode Highlights 💡

    [00:35] NCAJ Convention 2024: Join Dan Bryson as he speaks about building a successful law firm at NCAJ Convention 2024 in June. Register for Convention at www.ncaj.com/convention-2024.

    [02:06] Why Dan Does Plaintiffs’ Work: Dan Bryson began his career doing civil defense. He discusses what his experience was like, and why he made a career change and began doing plaintiffs’ work.

    [06:17] The Business of Plaintiffs’ Firms: Running a plaintiffs’ firm is a challenge. What type of work to do, how to get clients, and how to get paid are all things a plaintiffs’ firm owner needs to know.

    [08:45] The Advantage of Contingency Fees: Billing clients hourly is tedious and often leads to clients complaining about their bills. But switching to a contingency fee structure can result in higher revenue and fewer complaints.

    [11:51] Embrace Emerging Technology: Dan was a pioneer of law firm internet marketing, and he discusses embracing emerging technologies such as artificial intelligence to increase a firm’s efficiency.

    [14:55] Tips for Building a Successful Law Firm: Lawyers face diverse obstacles everyday, and it is important to be grounded in your work, and also to get out of bad cases as soon as possible.

    Connect with North Carolina Advocates for Justice

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