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The 1958 Lawyer
Ron Bockstahler
43 episodes
3 months ago
In 1958 the ABA published a pamphlet with an article titled “The 1958 Lawyer and his 1938 Dollar” which gives our podcast its title, and its inspiration. Prior to 1960, most attorney engagements were project based. As a result, many lawyers felt their pay scale was falling behind that of other professional service providers. For many lawyers, this article spurred them to change the way they billed for legal services and thus the billable hour was born. It is a stark reminder that change is the only constant in our world and those that do not keep up with the change often times find themselves obsolete. To be sure, the business surrounding the practice of law has continued to change since the billable hour went mainstream. This podcast is all about how law firms and their clients are adapting to a changing business world to remain viable. Your host, Ron Bockstahler, is the Founder and CEO of Amata Law Office Suites, an attorney support Services company. For more than 30 years Ron has worked with law firms of all sizes, helping them manage expenses, implement new technologies and strategically grow their law practice. Ron will pull from his experience and those of his guests to uncover new developments in the business world and how the legal industry is adapting to meet the changing demands of their clients. Each show will feature successful business people, politicians, judges and attorneys to provide insight into their thoughts and how they are meeting today's challenges.
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Management
Business,
Careers,
Entrepreneurship
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In 1958 the ABA published a pamphlet with an article titled “The 1958 Lawyer and his 1938 Dollar” which gives our podcast its title, and its inspiration. Prior to 1960, most attorney engagements were project based. As a result, many lawyers felt their pay scale was falling behind that of other professional service providers. For many lawyers, this article spurred them to change the way they billed for legal services and thus the billable hour was born. It is a stark reminder that change is the only constant in our world and those that do not keep up with the change often times find themselves obsolete. To be sure, the business surrounding the practice of law has continued to change since the billable hour went mainstream. This podcast is all about how law firms and their clients are adapting to a changing business world to remain viable. Your host, Ron Bockstahler, is the Founder and CEO of Amata Law Office Suites, an attorney support Services company. For more than 30 years Ron has worked with law firms of all sizes, helping them manage expenses, implement new technologies and strategically grow their law practice. Ron will pull from his experience and those of his guests to uncover new developments in the business world and how the legal industry is adapting to meet the changing demands of their clients. Each show will feature successful business people, politicians, judges and attorneys to provide insight into their thoughts and how they are meeting today's challenges.
Show more...
Management
Business,
Careers,
Entrepreneurship
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Ep 4: Destination Checklist – An Exit Strategy for a Balanced Life
The 1958 Lawyer
17 minutes 26 seconds
4 months ago
Ep 4: Destination Checklist – An Exit Strategy for a Balanced Life
They say all good things must come to an end—including your time as a business owner. The trick is making sure your exit isn’t a dramatic collapse but more of a graceful bow-out—preferably with a cocktail in hand. Ron Bockstahler is back one last time to talk about exit strategies, or as I like to call it, ‘How to Leave Without the Whole Thing Going Up in Flames.’ Ron, be honest—how many business owners wait way too long to think about this part? Why should business owners think about their exit strategy from the start? How can entrepreneurs separate their identity from their business? What are the signs that it’s time to step away from a business? How does someone create a business that can run without them? What’s the most common reason business owners stay too long? How do you transition from being a business owner to the next chapter of life? How can someone ensure they are financially ready to exit? What role does mindset play in successfully exiting a business? What’s one thing you would have done differently in your own exit planning? What’s the most important piece of advice for business owners who want both success and balance? Huge thanks to Ron Bockstahler for sharing his insights on how to balance life and business—without losing your sanity. If you want to dive deeper, grab a copy of his book Don't Lose Your Balance: Live Life or Build a Business? Do Both. It’s packed with real-world advice, practical steps, and a few hard-earned lessons you won’t want to miss. If you enjoyed this episode, don’t forget to subscribe, leave a review, and share it with a friend who really needs some work-life balance. Thanks for listening, and we’ll catch you next time! About Ron Bockstahler: Ron Bockstahler is a father to six children, husband to a loving wife, athlete, and entrepreneur. With a unique perspective on life, Ron started his business, Amata Holdings, LLC, more than 22 years ago with the twin goals of raising a family and attending as many home Chicago Cubs games as possible. Throughout his career, Ron has had a relentless focus on setting and achieving life goals. After initially dropping out of high school to make money to support a young family, Ron was able to go back and finish his high school career and graduate with his class. To pay for college, and gain the discipline to thrive in college, Ron joined the Marine Corps, where he served four years as an enlisted Marine. After his tour in the Marines, Ron attended Northern Illinois University, where he completed his degree in less than three years. After graduating college, he took a position as a copier sales person, where he cut his teeth and learned what it took to succeed in business. Within a corporate career spanning fourteen years with two companies, Ron worked his way up from copier salesman to the C-Suite, always setting and working tirelessly to achieve his written goals. A self-proclaimed workaholic through most of his career, it took running his own business for Ron to learn to appreciate the values of a balanced life. For more than 22 years, Ron has worked to maintain a balance between running a successful company, raising six children, maintaining a healthy marriage, and actively working to be a competitive athlete (during this time, Ron has competed in seven full Ironman races, and numerous triathlons and marathons). Connect with Ron Bockstahler: Email: ronb@amataoffices.com LinkedIn: https://www.linkedin.com/in/ronbockstahler/ Company website: https://amatacorp.com/ “Don't Lose Your Balance” book: https://www.amazon.com/Dont-Lose-Your-Balance-Business/dp/1964046467 Show notes by Team Podcastologist Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
The 1958 Lawyer
In 1958 the ABA published a pamphlet with an article titled “The 1958 Lawyer and his 1938 Dollar” which gives our podcast its title, and its inspiration. Prior to 1960, most attorney engagements were project based. As a result, many lawyers felt their pay scale was falling behind that of other professional service providers. For many lawyers, this article spurred them to change the way they billed for legal services and thus the billable hour was born. It is a stark reminder that change is the only constant in our world and those that do not keep up with the change often times find themselves obsolete. To be sure, the business surrounding the practice of law has continued to change since the billable hour went mainstream. This podcast is all about how law firms and their clients are adapting to a changing business world to remain viable. Your host, Ron Bockstahler, is the Founder and CEO of Amata Law Office Suites, an attorney support Services company. For more than 30 years Ron has worked with law firms of all sizes, helping them manage expenses, implement new technologies and strategically grow their law practice. Ron will pull from his experience and those of his guests to uncover new developments in the business world and how the legal industry is adapting to meet the changing demands of their clients. Each show will feature successful business people, politicians, judges and attorneys to provide insight into their thoughts and how they are meeting today's challenges.