Financially Legal
Financially Legal is a twice-monthly podcast with accompanying articles on the financial aspects of the business of law. Host, Dan Lear, talks with law firm leaders, academics, business professionals and thought leaders to provide compelling and provocative insights at the intersection of finance, economics, and law.

Webinar: Building a Scalable, Healthy Practice with Subscriptions

Posted by Dan Lear on January 12, 2021

We've been talking a LOT about subscription legal services lately. In fact, check out our recently launched Subscription Legal Services Resource Center where we've collected a bunch of our best subscription-related content all in one place.

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Topics: Subscriptions, Gravity Legal News

Gravity Legal's Dan Lear on Law Firm Autopilot with Ernie 'the Attorney' Svenson

Posted by Dan Lear on December 5, 2020

Ernie “the Attorney” Svenson has been thinking about law, tech, and making law practices work better for lawyers for a long time. So, we were stoked when he invited our own Dan Lear to be a guest on his Law Firm Autopilot podcast.

The occasion was the recent release of Gravity Legal’s subscription legal services white paper and the topic was . . . wait for it . . . subscription legal services.

Dan and Ernie talked about subscription fatigue (fact or fiction?), the importance of a solid value proposition for subscription legal services, how to get started with subscription legal services, how subscriptions can allow you to leverage your highest and best use as an attorney, the economics of law firm subscriptions and how that’s related to niche marketing, and how Gravity Legal is different from LawPay.

Check out the episode here and a big thanks to Ernie for the invitation!

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Topics: Business of Law, Gravity Legal News

Virtual Learning: Credit Card Fees for Law Firms

Posted by Emery Wager on December 3, 2020

For many law firms, credit card processing fees are a sizeable item on the income statement. Because there are a variety of different types of processing fees, it can be difficult to determine exactly how much a firm is paying and how those fees can be reduced.

This event is designed for accounting and financial consulting professionals who work with and advise law firms. We will cover:

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Topics: Firm Financials, Credit Card Fees, Business of Law, Gravity Legal News

Litigation from the Client's Perspective - An Interview with Dan Price

Posted by Emery Wager on October 16, 2020

Recently, our team invited seasoned litigator Diana Siri Breaux, a partner at Summit Law Group in Seattle, to interview Gravity’s founder and CEO Dan Price about this very topic. As a longtime business owner, Dan has his fair share of experience with the legal system. In 2016, that experience reached new levels when Dan’s brother and co-founder, Lucas Price, took him to court after alleging that Dan’s decisions as CEO--including the decision to raise Gravity’s minimum wage to $70,000 a year--had cost him money as a minority shareholder. At stake was not just millions of dollars but the very existence of the company--and the jobs of its 120+ employees.

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Topics: Firm Financials, Business and Culture, Business of Law, Gravity Legal News

Legal-ize QuickBooks with Gravity Legal and LeanLaw

Posted by Emery Wager on October 16, 2020

Many law firms use QuickBooks as their accounting solution. Some firms even use QuickBooks to send invoices. But QuickBooks as a complete time-keeping and billing solution?

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Topics: Quickbooks, Business of Law, Gravity Legal News

Litigation from the Client's Perspective - Event with Dan Price

Posted by Emery Wager on October 3, 2020

Have you ever been caught in the middle of a case with no idea what your client is thinking? Take this opportunity to get inside the mind of a CEO who's been there.

In this virtual event, Diana Siri Breaux, partner at Summit Law Group in Seattle, interviews CEO Dan Price of Gravity Payments to uncover the answers to these and many other questions:

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Topics: Business and Culture, Gravity Legal News

Gravity Legal Presents at the ABA Dispute Resolution Tech Expo

Posted by Emery Wager on September 26, 2020

This September I had the pleasure of speaking to the innovative lawyers, mediators and greater dispute resolution community members at the American Bar Association's Dispute Resolution Tech Expo. 

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Topics: Firm Financials, Key Performance Metrics, IOLTA, Business of Law, Gravity Legal News

Incubating The Future

Posted by Dan Lear on July 11, 2020
A lot of people talk about the “access to justice” gap. In 2007 Fred Rooney decided to do something about it. Applying lessons he’d learned helping a network of lawyers in New York build businesses to represent the poor and moderate means clients, Rooney created the first law firm incubator at CUNY School of Law. 
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Topics: Business and Culture, Gravity Legal News

In Support of Civil Rights

Posted by Jose J Garcia on July 8, 2020

In times like these we tend to turn to philosophers, poets, musicians, writers and artists for comfort and direction - wise minds that always have an answer for the trickiest of situations and the most uncertain of times. More specifically, Bob Dylan's "The Time They Are A-Changin'" seems more relevant now than ever.

Your old road is rapidly agin'

Please get out of the new one

If you can't lend your hand

For the times they are a-changin'

We at Gravity Legal, while in full support of racial equity and civil rights, have taken a moment to reflect on what we could do to make a meaningful impact. We feel that stating our support accomplishes far less than action. Epictetus stated, "Don't explain your philosophy. Embody it." 

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Topics: Credit Card Fees, Civil Rights, Gravity Legal News

Dan Talks Law Firm Finances, Company Culture and More with Mark Homer of GNGF

Posted by Emery Wager on June 27, 2020

Dan Lear was recently interviewed by Mark Homer of legal marketing firm GNGF. Dan and Mark dove into many different topics including: 

  • Company culture
  • A $70,000 minimum wage
  • The Gravity Legal platform
  • Law firm finance
  • Alternative fee structures
  • Expectations of the modern consumer of legal services
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Topics: Firm Financials, Key Performance Metrics, IOLTA, Accounting, Business and Culture, Business of Law, Gravity Legal News

Gravity Legal's Dan Lear and Emery Wager Featured on Martindale-Avvo's Legal Tech Event

Posted by Emery Wager on June 26, 2020

This week Dan Lear and Emery Wager joined Erin Levine of Hello Divorce and Liam Moriarty of Lawgood to talk the future Legal Tech. 

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Topics: Firm Financials, Key Performance Metrics, Business and Culture, Gravity Legal News

Three Things I Learned from the HTM Coronavirus Growth Symposium and Why You Should Attend

Posted by Dan Lear on April 6, 2020

Starting back on March 23, RJon Robins of How To Manage a Small Law Firm held a series of free daily phone conversations with lawyers  in response to the coronavirus/COVID-19 pandemic. RJon was his typically direct but his message was hopeful: there is opportunity out there for lawyers and law firms .

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Topics: Firm Financials, Business of Law, Gravity Legal News

Gravity Legal's Dan Lear Featured on the Clio Daily Matters Podcast

Posted by Emery Wager on April 1, 2020

In this episode of Clio Matters, Dan discusses different ways firms are navigating the new remote work environment. He lists helpful technology resources and tells us whose ideas he's leaning on amidst the chaos (Nate Silver and RJon Robins of How to Manage a Small Law Firm to name a few).  

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Topics: Firm Financials, Credit Card Fees, Key Performance Metrics, IOLTA, Gravity Legal News

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