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Breaking The Million Pound Myth

Breaking The Million Pound Myth

著者: Michelle Peters | The Business Instructor
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Are you a small law firm owner chasing your next million in revenue, yet still overworked and underpaid? The truth is, revenue alone doesn’t equal success. In Breaking The Million Pound Myth former "Magic Circle" lawyer turned law firm growth strategist Michelle Peters shows how to build a high-profit, low-stress, self-managing law firm. A firm with more freedom, rewards and less risk than the traditional high-revenue, low-profit model. Michelle brings legal experience and 10+ years guiding firm growth to share strategies to escape the billable hours trap and create freedom. Subscribe now.Michelle Peters | The Business Instructor 経済学
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  • 10. Real Questions, Real Answers
    2025/12/10

    "The questions you're afraid to ask about growing your law firm? We're answering them all. No fluff, no side steps, just honest insights from 15 years of helping lawyers break free from the grind."

    This episode tackles the real, raw questions Michelle Peters hears from law firm owners every single day. From "I've tried this before and it didn't work" to "My clients won't pay higher fees" and "I became a lawyer to practice law, not be a salesperson" – Michelle addresses the doubts, fears, and beliefs that keep talented lawyers stuck in low-profit, high-stress firms.

    If you've ever wondered whether change is really possible for your specific situation, this candid Q&A episode will give you the clarity and confidence to take the next step.


    Key Takeaways:

    • Implementation Concerns: Why previous attempts may have failed and what makes the Profitable Practice Operating System different

    • Time Objections: The truth about "I'm too busy" and how 30 minutes a week can transform your firm

    • The "My Firm Is Different" Myth: Why universal growth principles work across all practice areas and firm sizes

    • Marketing and Sales Resistance: Reframing "selling" as serving and "marketing" as connecting your expertise to those who need it

    • Fee Anxiety: Addressing the fear that clients won't pay more and why competing on price is a race to the bottom

    • Team Resistance: How to bring your team along when implementing changes to established processes

    • Scaling Without Hiring: How to increase profitability through better processes, fees, and conversions, not just more people

    • Timeline for Results: What to expect within 1 week, 30 days, 90 days, and 6-12 months

    Ready To Get Answers Specific To YOUR Firm?

    Book a free 15-minute Accelerator Call to discuss your challenges, ask your questions, and get personalised guidance on what to focus on first.

    >> Book Your Call


    Have a question for a future episode? Connect with Michelle on LinkedIn and send your questions there.

    Your Freedom Firm is waiting.



    Disclaimer: This podcast is not intended to provide personalised business, legal, financial or professional ethics advice. Before starting any new marketing or business development initiatives you should always check with your local law society or bar standards board that you meet your professional standards requirements. We disclaim any liability, loss or risk which is incurred as a consequence (directly or indirectly) of the use and application of any of the content of this podcast.

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    12 分
  • 9. The Profitable Practice Operating System: Turning Clarity Into Action
    2025/12/10

    "Clarity without action is just an idea. Discover the operating system that turns your law firm ambitions into consistent, profitable results.”

    You've got the vision. You've done the planning. So why aren't you seeing results? Because clarity alone isn't enough, you need a system that creates sustainable momentum towards your goals.

    In this episode, Michelle Peters unveils the Profitable Practice Operating System: a comprehensive framework that combines strategic planning, skills development, and accountability into one repeatable rhythm.

    Learn why most lawyers fail to implement what they learn, how to build new skills in focused 2-week sprints, and why the right support structure is the missing piece that turns knowledge into growth.


    Key Takeaways:

    • The 3 Layers Of The Operating System: Strategic Planning (your roadmap), Skills and Tactics Development (what you need to learn), and Support and Accountability (keeping you on course)

    • The Implementation Gap: Why knowing what to do isn't the same as doing it, and how structure bridges that gap without adding overwhelm

    • Sprint-Based Learning: How 2-week focused sprints allow you to learn one skill at a time, implement it immediately, gather data, and optimise before moving to the next

    • Addressing Common Obstacles :Honest answers to "I don't have time," "I've tried this before," and "My firm is different"

    • Continuous Improvement Rhythm: How quarterly reviews create compounding momentum without requiring perfection

    Ready To Implement The Profitable Practice Operating System In Your Firm?

    Book a complimentary 15-minute ‘Accelerator’ Call with Michelle or one of her team to discuss your specific situation and explore whether this system is right for you.

    No pressure. No hard sell. Just clarity on your next steps.

    >> Book Your Call



    Disclaimer: This podcast is not intended to provide personalised business, legal, financial or professional ethics advice. Before starting any new marketing or business development initiatives you should always check with your local law society or bar standards board that you meet your professional standards requirements. We disclaim any liability, loss or risk which is incurred as a consequence (directly or indirectly) of the use and application of any of the content of this podcast.

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    12 分
  • 8. Eliminate Overwhelm With Your Strategic Action Plan
    2025/12/10

    "Feeling stuck between ambition and action? Discover the 3+3 Formula that transforms overwhelming goals into focused 90-day wins, without the burnout."

    Strategic planning isn't just for big corporations. It's the secret weapon that transforms small law firm chaos into profitable momentum.

    In this episode, Michelle Peters reveals her proven 3+3 Formula To Rapid Profitable Growth: the exact planning system she uses with every client to turn the overwhelm of big goals into focused action.

    Learn how to break down your biggest goals into manageable 2-week sprints, why 90 days is the perfect planning window, and how to finally stop spinning your wheels and start moving forward with purpose.


    Key Takeaways:

    • The 3 Essential Elements (WHAT): Understanding how Attract, Convert, and Maximise work together as your growth foundation, and why missing even one creates a "brake" on your progress

    • The 3 Strategic Pillars (HOW): Strategy (your detailed plan), Skills (what you need to learn), and Support (advice and accountability to keep you on track)

    • The 90-Day Planning Framework: Why 90 days is long enough to get meaningful results but short enough to maintain focus.

    • From Goals To Action: How to reverse-engineer your biggest ambitions into small, achievable steps that build real momentum

    • Free Planning Resources: Access Michelle's exclusive 90-Day Planning Worksheet and guided video (normally reserved for paying clients) to create your own Strategic Action Plan

    Ready To Turn Your Goals Into Focused 90-Day Action?

    Download your FREE 90-Day Strategic Action Plan Worksheet and Video - the same resources Michelle uses with paying clients to create clarity and momentum.

    >> Get Your Planning Tools


    Before you start planning, spend 3 minutes (if you haven’t done so already) taking the Law Firm Profitable Growth Score Quiz to ensure you're focusing on the RIGHT areas first.

    >> Take The Quiz


    Disclaimer: This podcast is not intended to provide personalised business, legal, financial or professional ethics advice. Before starting any new marketing or business development initiatives you should always check with your local law society or bar standards board that you meet your professional standards requirements. We disclaim any liability, loss or risk which is incurred as a consequence (directly or indirectly) of the use and application of any of the content of this podcast.

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    15 分
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