393. Responsible Mining and Responsible Law Firm Ownership with Peter Smith

393. Responsible Mining and Responsible Law Firm Ownership with Peter Smith

Author: My Legal Academy November 20, 2023 Duration: 40:59

Today, my guest, Peter Smith, founded a law firm in beautiful Coeur d'Alene, Idaho. Peter’s firm does a number of things, but much of it is centered around the mining industry. While we don’t often talk about specific areas of law on the show, but today it is a fascinating conversation touching on the starting of Peter’s firm that focused on creating a different kind of firm, mining law, real estate, and so many other things. It’s a great conversation that everyone can take something from. I hope you enjoy! 

In this episode, Neil and Peter discuss:

  • Staking a mining claim, and how mining ties in with business and real estate. 
  • Running your law firm as a business and treating your employees with respect. 
  • Creating mentor/mentee relationships in your firm. 
  • Evolving your law firm as technology and situations change. 

 

Key Takeaways:

  • There is a larger process to actually mining on claimed land that involves multiple groups of people, including the indigenous tribes of the area. 
  • Most mining projects today go through vigorous processes to ensure minimal impact on the environment in a way that was not done in the previous centuries. 
  • Paying forward in life is what it is all about. 
  • Engage your younger attorneys (and even interns) into the work from the beginning and let them follow through on things. It will benefit the business but also benefit the attorney. 

 

"If you ask the lawyers that work here, I think they get a real, meaningful experience and they feel very supported. Anyone, at any time, can ask for help from anyone else, and I think they're always willing to give it. And that's something that we defend that vigorously." —  Peter Smith

Get in touch with Peter Smith:

Website: https://www.smithmalek.com/ 

LinkedIn: https://www.linkedin.com/in/pjsiv/ 

Twitter: https://twitter.com/smith_malek 

Facebook: https://www.facebook.com/smithmaleklaw/ 

LinkedIn: https://www.linkedin.com/company/6470576/admin/ 

Thank you to our sponsors!

  • Ruby Receptionist - Virtual receptionist & live call services that will help you grow your office (and save money), one call at a time - to learn more, go to https://get.ruby.com/TLE or call 844.311.7829


  • The Net Profit CFO - Ryan Kimler works with attorneys who want to enjoy higher net profits without working longer or harder. With just 9 Simple Numbers, Ryan will help you drive more profit to your bottom line-and he won't confuse you with all the details! Connect with Ryan at www.netprofitcfo.com.


Get in touch with Neil:

Website: https://thelawentrepreneur.com/

Twitter: https://twitter.com/lawentrepreneur

Facebook:


Navigating the legal landscape while trying to build a sustainable business is a unique challenge, one that The Law Entrepreneur tackles head-on. This isn't just about legal theory; it's a practical guide for anyone who sees their legal expertise as the foundation for a thriving enterprise. Each episode feels like a candid conversation, pulling back the curtain on the real-world business of law. You'll hear from the podcast host and guests about building a brand, implementing efficient systems, and finding clients in a modern market, all while maintaining the rigorous standards of the profession. The discussions go beyond typical career advice, delving into the mindset shifts required to transition from practitioner to owner. Whether it's marketing, technology, leadership, or niche development, this series provides actionable insights for the journey. Brought to you by My Legal Academy, this podcast serves as an essential resource for lawyers, paralegals, and legal consultants ready to architect their own success. Tune in for honest stories of setbacks and breakthroughs, all focused on creating a law practice that is as innovative as it is compliant.
Author: Language: English Episodes: 100

The Law Entrepreneur
Podcast Episodes
398. Legal Tech for a More Efficient Law Firm with Karl Seelbach [not-audio_url] [/not-audio_url]

Duration: 43:52
Today my guest is Karl Seelbach. Karl is an attorney down near Austin, TX with a very interesting practice in which he defends or works with corporate clients that have the option of opting out of worker's comp (and self…
395. Starting Your Solo Law Firm with Jason Rice [not-audio_url] [/not-audio_url]

Duration: 39:32
Jason Rice is a solo practitioner up in the beautiful state of Maine, having left the Sunshine State of Florida to pursue his legal practice near his wife's hometown was a matter of fact, and he has a family law practice…
394. The Restaurant Lawyer with Sean Morris [not-audio_url] [/not-audio_url]

Duration: 40:12
This is a classic re-run of my episode with Sean Morris.Neil chats with Sean Morris about his experience as a primary authority in the restaurant community of Washington D.C., as well as their experience as co-graduates…
392. Project Management for Law Firms with Katherine Porter [not-audio_url] [/not-audio_url]

Duration: 36:52
Today my guest is Katherine Porter. She is a litigation attorney out of Southern California who developed, originally as a side gig, a project management consulting firm that has become more and more of her primary role.…
391. Living a Technicolor Life with Wendy Meadows [not-audio_url] [/not-audio_url]

Duration: 47:13
Today, I am happy to welcome back Wendy Meadows! If that name seems familiar to you, she was a guest back on Episode 307 talking about time management techniques. This time, I am excited to speak with her primarily about…
390. Exit Strategies for Law Firms with Christine McDannell [not-audio_url] [/not-audio_url]

Duration: 29:36
Today, my guest is Christine McDannell. Christine is a mergers and acquisition specialist and advisor. I wanted to have her on the program today to talk about a subject area that we solo and small firm practitioners don'…
389. Getting the Most from Your Next Conference with Janet Falk [not-audio_url] [/not-audio_url]

Duration: 46:30
I am pleased to welcome back, Janet Falk. While we talked previously about PR in episode 199, in our conversation today, we're going to talk about another aspect of services that she provides - marketing and communicatio…
388. Choosing Your Law Firm Name with Alexandra Watkins [not-audio_url] [/not-audio_url]

Duration: 39:26
Today, my guest is Alexandra Watkins. Alexandra has a company based around her website, EatMyWords.com - which you'll understand once you listen to the podcast - she is a naming specialist, that nuanced and niched aspect…