Megan Mathias is the Founder of LOPP Mathias Law, she represents business owners with challenges relating to corporate governance, employment issues, shareholder disputes, Family Law disputes and contract issues. Megan talks about how entrepreneurial knowledge and creating a united culture is important in building a good law firm.
She talks about how her law firm started out as a virtual service and how that benefit both the clients and lawyers. Megan also talks about how she was able to manage her time in a season where she had to juggle a lot of responsibilities. They also talk a bit also about political issues that need to be addressed and Megan’s stand as an elected Alderman.
- How it’s like to start a legal office virtually (4:03)
- Educating yourself on entrepreneurship even as a lawyer (9:03)
- Time Management techniques – delegating tasks and investing on people (13:01)
- Political philosophy and issues that must be resolved (16:54)
“It’s not that I’m a superwoman although there are days I feel like I had to be a superwoman to get through that. But it’s also about hiring the right people… outsourcing the things that you’re not good at. I know what I’m great at. I know what I’m not great at. I’ll still get it done but it may not be my hands on it.” – Megan Mathias
ABOUT MEGAN MATHIAS
Megan Mathias, Founder of LOPP MATHIAS LAW
Bio: Megan Mathias is a fierce advocate and compassionate defender of the rights of entrepreneurs, women, children, and BIPOC. After 14 years lawyering for mid to large size law firms, becoming a Partner, and winning over $70 million in commercial and family law cases, Megan knew it was time for a change. Increasingly frustrated with the inefficiencies she saw in large law firms, and not happy with their prioritization of billable hours over-delivering value and results for her clients, Megan knew she could do much better.
She decided to create her own firm, Lopp Mathias Law, driven by her values, her standards, and her integrity. To that end, Megan created an innovative and fast-growing firm of like-minded attorneys. She incorporated state of the art technology for document automation and assembly, better billing practices and alternative fee arrangements to reduce legal fees for her clients. Driven by efficiency and effectiveness, Megan also designed her firm to provide a wide array of specialized legal services through her unique Affiliate Network without the typical law firm overhead and passes those cost savings onto her clients. She is committed to being a loyal and long-term partner for her clients, as she guides them through challenging legal periods in their lives with skill and compassion.
Megan has been recognized for her sophisticated representation in trade secret and other cases involving complex e-discovery issues and forensic analysis of electronically stored information. Megan co-chairs the Seventh Circuit Council on Data Privacy and Digital Information.
Megan is dedicated to her community. She serves on the Boards of the YWCA Metropolitan Chicago, Coalition of Women’s Initiatives in Law, FLASH (Force of Lawyers Against Sexual Harassment), and the Filament Theater.
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“The 1958 Lawyer and his 1938 Dollar” still defines the business of law…
It’s time for a change.
If you’re a lawyer, you’re familiar with the ABA article “The 1958 Lawyer and his 1938 Dollar” which gives our podcast its title, and its inspiration. That article was the start of the billable hour for law firms…And the last major change to the business of law, 70+ years ago now. Well, it’s past time for another change.
This podcast is all about bucking the status quo of the business of law. Your host Ron Bockstahler runs Amata Law Office Suites, providing law firms an alternative to the traditional fixed-cost business model that places unwanted stress on attorneys to work long hours that often-times lead to burn out, broken relationships and in many cases substance abuse. Each week he’ll discuss alternatives to the 12 hours days, endless rotation of clerks and paralegals, and the expensive offices leased to impress clients who rarely show up in person anymore. He’ll interview successful lawyers who are doing law differently, and finding a work-life balance while still running a successful firm.
Do you want to find a better way to run your law firm? It’s time for the next big change in the business of law, and you’ll get it here on The 1958 Lawyer.