Latest / Scrappy but Successful [Consultant's Personalities When No One's Watching] / 57. From Metal Bands to Legal Marketing: The LegalFenix Story with Ron Latz
Transcript
- 0:03What's happening, everybody? Welcome to Scrappy What's Successful, the show where I sit down with
- 0:07your favorite consultants and we find out if they're successful today because they're sophisticated or
- 0:11because they're a little bit scrappy. I'm your host, Jack Tompkins, CEO of Pineapple Consulting
- 0:16Firm and Pineapple Analyst AI, always helping small businesses become more data-driven. Fun fact of
- 0:20the day: most suburbs were built after the invention of the car. However, where our
- 0:25guest is from, Westchester, New York is widely considered the first ever planned suburb community.
- 0:291683. Couple two, three years before the car. But that's neither here nor there. Today
- 0:34I'm joined by my friend Ron Latz. He's the founder of Legal Phoenix. They're a
- 0:38marketing advisory firm. And they honestly they redefine how law firms approach growth. He's got
- 0:43more than 15 years experience in the legal marketing industry. He's guided countless firms through
- 0:47the complexities of modern marketing. And he does it with some clarity and a whole
- 0:52lot of candor. So, Ron, buddy, thank you for joining. So pumped to have you
- 0:56on. We know that you're successful, but the question we have for you today. Do
- 1:01you think you fall more on the sophisticated side, more on the scrappy side? Ron
- 1:05Latz | LegalFenix (01:08) Well, first and foremost, thanks so much for the invite. I
- 1:10know this will be a fun, probably wide-ranging conversation, Jack. Did not know that about
- 1:14Westchester. I'm actually a transplant,
- 1:16Here we go. Ron Latz | LegalFenix (01:17) born and raised in New Jersey, where
- 1:19most of
- 1:20Okay. Ron Latz | LegalFenix (01:20) my roots are, but it's very good to know.
- 1:22And
- 1:23Yeah. Ron Latz | LegalFenix (01:25) as far as scrappy or sophisticated, I like to
- 1:27think that it's a blend of both, but I to if I had to choose
- 1:32one, I would definitely say scrappy. I've got two younger sisters. One is incredibly book
- 1:37smart. The other is just very motivated and determined to great learner, book smart as
- 1:42well. But I was certainly the one that was scrappy and street smart out of
- 1:47the family here.
- 1:48Okay. Nice. Okay. Let's we'll go through the the question, see if the data agrees
- 1:52with you. So take me back to Jersey. Where in Jersey are you growing up?
- 1:56Did you have any entrepreneurs in the family? Ron Latz | LegalFenix (02:00) Did not.
- 2:00I grew up born and raised in central New Jersey in a town called Sierreville.
- 2:04I went to a cool school called Saint Joseph's in Matucheon, about fifteen miles away.
- 2:09I went there because my local high school didn't have an ice hockey team. And
- 2:13at that point in my life I thought that I was going to the show.
- 2:17Wanted to do everything that I could to put myself on the path to the
- 2:21NHL. I know you can't see on this call, but you know, being just under
- 2:25six foot, a little under two hundred pounds, like I was I was kinda s
- 2:30you know, I had a right size, but not for
- 2:33Yeah. Ron Latz | LegalFenix (02:34) not for the pros and relied much more so
- 2:36on my my hands and speed. Again the scrappiness, right? I wasn't the most physical
- 2:40player there. So
- 2:41Gotcha. Okay. what do the parents do for work? Ron Latz | LegalFenix (02:46) I
- 2:47I grew up with a family of teachers. My mother's a teacher. My younger sister
- 2:53is a teacher, my other younger sister married a teacher, and my father was in
- 3:00the insurance industry, was an actuary for for AIG, a career AIG. Yeah.
- 3:06Okay, look at that. Very nice. I was an actuary for about 20 minutes in
- 3:09college, passed one exam, was like, all right, that's enough for me. Ron Latz |
- 3:13LegalFenix (03:14) Yeah, my sister also took the examination. She was like, Dad, I'm I'm
- 3:17not going down that path. But I'll teach math. I'll teach math. So
- 3:21There you go. Okay. That's much more fun. how were you as a kid? Did
- 3:25you have a lemonade stand? Were you selling candy at school? Did you have that
- 3:29kind of entrepreneurial lean to you? Ron Latz | LegalFenix (03:31) Yeah, I mean I
- 3:33was you know the garage sales, a couple of my buddies were flipping cut co
- 3:38so we would knock on doors and cut the ropes with the and the pennies
- 3:42with the scissors and sell the ice cream scoops because frankly I think that was
- 3:46the best piece that they had in the entire set. going through high school, a
- 3:51couple jobs, I would dial for doll. you know, call on behalf of the fraternal
- 3:55order of police, local fire stations, just to collect donations, right? So I've always had
- 3:59that as as as part of what I do. I've always, you know, got involved
- 4:04with you know, for the sports teams, selling the candy bars so that we could
- 4:08get a little bit better equipment, better jerseys, you know, whatever it may be. So
- 4:12I've had that in me, you know, since I was a a young guy and
- 4:17was also involved in a in a band, right? So you gotta sell tickets, you
- 4:21gotta sell CDs, you gotta sell merch, right? So we were always grinding and trying
- 4:25to get the word about word out about who we were and what we were
- 4:30Okay. What was your role in the band? Ron Latz | LegalFenix (04:34) although I
- 4:34was a terrible musician, I played keys. So we were originally a piano rock band,
- 4:39kind of coming up
- 4:41Okay. Ron Latz | LegalFenix (04:41) in the in the emo days. And then as
- 4:45we progressively as we continued to listen to heavier and heavier music, we got progressively
- 4:49heavier and heavier. So by the time I rolled out of the band, we were
- 4:53full-blown metal. So it was
- 4:55Nice. Ron Latz | LegalFenix (04:56) quite the transformation.
- 4:58Okay. what was the first concert you ever attended? Ron Latz | LegalFenix (05:06) It
- 5:04was probably something either at Asbury Park or Stone Pony or something down the shore
- 5:11in in Jersey.
- 5:13Okay. Ron Latz | LegalFenix (05:14) there was another local like local venue. It was
- 5:16probably some, you know, up and coming pop punk random random band. I don't recall.
- 5:20I went to a lot of the festivals, warp tours, skate and surf where it'd
- 5:24be like
- 5:25Yeah. Ron Latz | LegalFenix (05:27) a three-day event and you get to see all
- 5:28your favorite bands and you're just listening to music, hanging with your friends for twelve
- 5:32hours a day. It was amazing.
- 5:34Man, I was I I never actually went to Warp Tour, but I looked at
- 5:38the list, I was like, that's every band that I like and a few ones
- 5:42that I'm probably gonna like a heck of a lot more too. Like, that was
- 5:46the coolest thing back in the day. Ron Latz | LegalFenix (05:48) it great, great
- 5:51memories, you know, and and playing some of those shows and you get the lanyard
- 5:55there, you get to hang out backstage and like see bands that I mean at
- 5:59that point. It was when it was pre it pre dates even like Fall Out
- 6:03Boy, Yellow Card, Koheed,
- 6:05Yeah. Ron Latz | LegalFenix (06:06) like all these big bands that hadn't hadn't like
- 6:09had their huge awakening and didn't get super big. Take like even taking back Sunday,
- 6:13Story of the Year, Get Up Kids, Thursday. I mean it was some gr it
- 6:18was it was it was awesome. I think now it's referred to, I don't even
- 6:22know if it's still in existence, but Skate and Surf, they had to sunset that.
- 6:26Then I think it turned into Bamboozle Fest and then something
- 6:30Okay. Ron Latz | LegalFenix (06:31) else. But I'm not I'm not on the the
- 6:34the show circuit as much these days as I was when I was actively playing
- 6:38in the band.
- 6:39Fair. I I mean the bands you just listed off describe my entire middle school
- 6:42and high school years. That was the soundtrack day in, day out. Ron Latz |
- 6:45LegalFenix (06:45) Right. Right. And now we listen to stuff and it's like, you know,
- 6:49the oldies and goodies and it's like, no, what do you mean? It's right. But
- 6:52now
- 6:53All these I know. It's insulting. Ron Latz | LegalFenix (06:57) all these bands are
- 6:57doing like their twenty year anniversary and it's like, man, it's
- 7:01I know. Ron Latz | LegalFenix (07:02) it's been some time.
- 7:03Did you see I think it's all American rejects or or I I think it's
- 7:07them, but they're just like they'll show up in a backyard house party and just
- 7:11start jamming and then obviously big crowd comes l like they just show up and
- 7:15have a good time. Ron Latz | LegalFenix (07:16) Yeah. Well, two of my favorites,
- 7:19August Burns Red and then Under Oath, Define the Great Line has been twenty years,
- 7:23so I'm gonna try to get out to to see that locally if I can,
- 7:27but I digress.
- 7:28Nice. Nice. Okay, cool. All right. We got a whole lot of scrappiness going on.
- 7:33Give me 30 seconds on today. What the heck do you guys do at Legal
- 7:39Phoenix today? Then we're gonna build a bridge from from the band years to today.
- 7:44Ron Latz | LegalFenix (07:42) There you go. Well, these days we're exclusively helping law
- 7:50firms with managing their entire marketing ecosystem. That would include its people, the process, and
- 7:55the technology, right? So law firms come to us as an outsource solution where we
- 8:01act as fractional CMOs and help develop, refine, improve marketing strategy, budget. Channel allocation and
- 8:06marketing mix, oversee and help manage any marketing partners, agencies, and vendors, and then also
- 8:12provide support to in-house resources so that they can continue doing the great work that
- 8:17they do. So anyone that is interested in kind of alleviating the burden of managing
- 8:23all those components of their marketing program, law firms tap into Legal Phoenix and we
- 8:28help them out in that regard.
- 8:31Very nice. Okay. How'd you land on the law marketing? The very niche marketing. And
- 8:35I know even within law, curious, like I know you have a couple of specialties
- 8:39in there. What are the specialties within the law field? And how the heck do
- 8:43you land on this? Ron Latz | LegalFenix (08:47) like most, it was my dream
- 8:47to only work with lawyers, right? You know.
- 8:50Of course. Ron Latz | LegalFenix (08:53) No, and and I know that I'm joking,
- 8:54but I really do enjoy it. Like there is a a a a level of
- 8:59just selfishness in that we are able to put ourselves in a position to help
- 9:04individuals find and become aware of service professionals, of lawyers that can help them through
- 9:09some of their most difficult times in their life, right? And allowing Then to connect
- 9:14with the firm through the visibility and the awareness and the reach that we have
- 9:19a part in facilitating with all of our partners definitely feels good, right? Because there
- 9:24are some things that they really need help with. No light at the end of
- 9:28the tunnel, but the lawyers is the one that can step in and kind of
- 9:33alleviate that, vindicate them, get them financial recovery, whatever it may be. and while we
- 9:38do only work within legal, there's really no practice area law firm. That we wouldn't
- 9:43partner with outside of the fact that we work on Just you know, plaintive side
- 9:48work. So we're not representing defense, and we're if we're with employment engagements, we're representing
- 9:53firms that help out the employee and not the employer. So we offer a consulting
- 9:58service. We've had pretty much every single practice area that's out there where we're just
- 10:03offering advisory so that they can get the right direction, get great counsel from someone
- 10:07that's an independent third party and can at least steer them in the right direction
- 10:12and let them execute, and then when they're ready, to essentially assign that over to
- 10:17somebody else to. manage and sit directly within that seat, that's when the fractional CMO
- 10:22offering makes sense. The majority of our clients are personal injury, but we do work
- 10:27with family, criminal, you know, you name it.
- 10:30Okay. Okay. Very nice. Did you go to school for this type of marketing work?
- 10:35Did you kind of stumble into it? How did you get your like your first
- 10:41start there? Ron Latz | LegalFenix (10:39) No, I just went to school for business
- 10:47management and administration. I fell into legal after I left Xerox, which is my first
- 10:52job, I got connected with a couple guys that were with Reuters and within their
- 10:58legal division, worked for a company that they no longer own called Fine Law. And
- 11:04then from there, as I had continued down my professional, you know, path. Had those
- 11:09clients that maintained in touch with me. We had great relationships. They continually wanted to
- 11:15just bend my ear, get recommendations and suggestions, which is when I originally incorporated what
- 11:21I would call the first version of Legal Phoenix. It'll actually be 10 years incorporated
- 11:26in September. So.
- 11:28Nice. Wow. Ron Latz | LegalFenix (11:29) you know, it looked a little bit different
- 11:32ten years ago. I also wasn't calling it fractional CMO. I just said I was
- 11:37a legal marketing consultant and now it's all the rage, but I was just trying
- 11:42to help lawyers protect their investment, ensure that they weren't getting the wool pulled over
- 11:47their eyes or price gouged, and really just A lot of times reset expectations, right?
- 11:52Because they have an under they believe that there's an understanding about how long things
- 11:57should take, how much they should invest, and how successful they should be from those
- 12:01efforts. And it's not always in alignment with reality. So stepping in there and being
- 12:06able to act as a a completely neutral party because I'm not selling SEO or
- 12:11ad management or designing or developing websites, right? I just want to make sure that
- 12:16they've got the best advice that they possibly can. They're working with partners that do
- 12:21a Great job at a market competitive rate so we can try to create this
- 12:26this win-win-win situation.
- 12:27Okay. So coming in as s especially at this time as the legal consultant, right?
- 12:31So it's hey, let's make sure everything is kind of aligned. And the classic thing
- 12:35is like dentists and doctors, they teach you how to do that, but they don't
- 12:39teach you how to run a business. I imagine it's the same thing with lawyers.
- 12:44So they want to come in or they want you to come in rather and
- 12:48have that overview of all right, what are your business goals? How the heck are
- 12:52you talking to people? Is the messaging aligned? Are you getting the right things from
- 12:57ads and SEO and all this other stuff? You are that overarching Let's get everybody
- 13:01on the same page. Ron Latz | LegalFenix (12:59) Yeah, just so that the left
- 13:05hand knows what the right's doing. And sometimes that's the issue, Jack, right? The marketing
- 13:10strategy isn't tied to the firm's business goals and objectives. Right? So understanding the role
- 13:14in which each channel plays in helping you hit your growth target or your business
- 13:18objective is i is important. So that's why we get brought in many times.
- 13:23Gotcha. Makes perfect sense. You mentioned version one. Where was what was what was version
- 13:28one? Let's talk about that a little bit. Was that a side hustle? Ron Latz
- 13:33| LegalFenix (13:32) Yeah, I guess I would consider it a side hustle. you know,
- 13:38this th these are all DBAs now, but the original company was Athlete Consulting. And
- 13:43I I I did work with other service professionals outside of lawyers at that time.
- 13:48I had a bunch of accountants that were, you know, kind of looking at business
- 13:53development strategy, how to continually network to build up their book of business. that was
- 13:58like the largest subcategory of of service professionals. you know some other financial advisors as
- 14:03well. But like once I left Reuters and had started Atelite, I was just having
- 14:08fun. Again, yeah, like to your point it was probably just like it w it
- 14:13was. It was more of a side hustle, just people that I enjoyed speaking with
- 14:18and working with and helping. And then that continued to grow and it got to
- 14:23the point where I was able to kind of go out on my own and
- 14:28make it a full-time thing.
- 14:30Okay. And you mentioned they're all DBAs now. How do you come up with let's
- 14:35start with the name first. Was Adele was the first one? Adelite. Ron Latz |
- 14:40LegalFenix (14:37) Ad elite, yeah. And then it was you know, a play on words
- 14:45of like advertising elite. And then I shifted over to Tetra Peak, and that was
- 14:50when I had really refined it down to four primary key offerings. and it was
- 14:55still it was still mostly legal, but I hadn't officially started like turning away non-legal
- 15:00clients.
- 15:01Defining it as mostly legal is hilarious out of context, but mean mostly legal targeted,
- 15:05got it. Ron Latz | LegalFenix (15:06) Yeah, mostly legal targets. Yeah. but yeah, outside
- 15:10of that, I finally landed. I wanted to just kinda completely reset, rebrand, rename, let
- 15:15it be very well known that this is the space that we are in, this
- 15:19is what we do, this is how we do it, and this is how we
- 15:24do it differently than the guys or gals next door. And I finally landed on
- 15:29Legal Phoenix, which I guess it took me ten years to finally land on a
- 15:33name I actually liked.
- 15:35It's how it goes, man. It's how it goes. Some stick and a lot don't.
- 15:37and the Ron Latz | LegalFenix (15:39) That's it. That's it.
- 15:40intentional spelling, so for for the audio listeners, legal, spelled like it sounds, and then
- 15:44Phoenix F E N I X. Take it behind. Why why the slightly different spelling?
- 15:49Ron Latz | LegalFenix (15:51) Well, you know, being an SEO, if I were to
- 15:54spell it like the city there, I would probably get conflated and thrown in the
- 15:59mix with Phoenix legal service providers.
- 16:01Yeah. Ron Latz | LegalFenix (16:02) it was also just something that was a little
- 16:06bit different. and I wanted to I just wanted to, you know, just break break
- 16:11out from the the the normal. It would be a little bit unexpected. That's all.
- 16:16It occasionally gets mispronounced, but it's all good.
- 16:19Yeah. Yeah, that's that's kind of the price you're paid, but it's well worth it
- 16:24too. Cause I think a little bit of differentiation creates a little bit of intrigue.
- 16:29I'm a fan of it. So taking back to the beginning, kind of a side
- 16:34hustle and then eventually building up enough to be full time. was it just you?
- 16:39Did you have any partners? Ron Latz | LegalFenix (16:35) No, it was just me.
- 16:44And you know, before I actually started hiring people, I did I did help and
- 16:49did a little bit of work at another smaller boutique legal marketing agency. and I
- 16:54really just got tired of the blame game and finger pointing, Jack. It was still
- 16:59a situation, even though we were doing great work where Agency points finger at firm
- 17:04or firm points finger at agency. A lot of blame game. Leads aren't good. You're
- 17:09not answering your phone. You're dropping the ball at the one-yard line. You're not responsive
- 17:14to our comp. It was just a lot of time spent not focusing on helping
- 17:20the firm achieve the goals that they want. More time just spent rationalizing and justifying
- 17:25why we're doing certain marketing or why certain marketing makes sense. Whereas if we're all
- 17:30just aligned on the target and aiming in the right direction, we probably would get
- 17:35a lot more done. Which is another reason why I didn't want to go and
- 17:40and offer agency services. I really wanted to ensure that I was providing, you know,
- 17:45objective guidance then from a vendor neutral perspective, and that there was never, you know,
- 17:50any incentive to bring a firm to a particular partner because they were lining our
- 17:55pockets. This this keeps everything on the up and up.
- 17:59Yeah, I like it. It's a very honest approach too, which is great. early days,
- 18:03maybe a couple of struggle days. What was your version of like a ramen noodle
- 18:07dinner back then? Ron Latz | LegalFenix (18:10) well I mean in college it was
- 18:11all hungry man's You know, just the
- 18:14Okay, sure. Ron Latz | LegalFenix (18:16) microwaveable stuff. I go across to the Sinoco
- 18:19A plus to to eat my dinner 'cause I you know, I was poor as
- 18:24hell, man.
- 18:25Yeah. Ron Latz | LegalFenix (18:27) But you know, here I initially it was just
- 18:29I I don't want to say lifestyle business, but I didn't expect to start hiring
- 18:33people and growing it as as as fast or quickly, or some people might say
- 18:37as as slow as I have. I just I really wanted to do great work,
- 18:41get into like I love the strategic development, I love putting puzzle pieces together to
- 18:45figure out a way to reach the goal. I like building and putting those pieces
- 18:49together. and when you kind of see that light at the end of the tunnel,
- 18:53having get brighter and brighter because you're you're doing the right things. You're you're crawling,
- 18:57you're walking, and you're then running to to get to the finish line. And not
- 19:01that there's ever gonna be a finish line when you're building a business there. I
- 19:05mean, maybe there would be for some that want to sell in and walk out,
- 19:10but like this is just an ongoing effort that I want to continue on the
- 19:14path because it it excites me. I'm passionate about it. I get to work with
- 19:18people that I absolutely love working with and we get to help some incredible clients.
- 19:22So those beginning days as far as like you know, the Ilio's dinner or the
- 19:26ramen noodle nights, it was like
- 19:28Yeah. Ron Latz | LegalFenix (19:29) I was very lucky, very fortunate and I'm super
- 19:33grateful that that there there wasn't a lot of that Jack. I I had been
- 19:38in this space for again well over a decade and a half, right? I was
- 19:43very much in legal. I had great clients and relationships with a ton of firms
- 19:48and there were the handful there that really helped like catapult or just spring launch
- 19:53us into what we're able to build over the past couple of years and I
- 19:58I I couldn't be more grateful and thankful to those individuals.
- 20:02Very nice. Anything in the beginning that you wildly overthought? People often go website or
- 20:06something like that, but you're a marketing guy, so I don't think it's gonna be
- 20:11the website. Ron Latz | LegalFenix (20:12) Yeah, no, I mean again I was very
- 20:16lucky that I had all that stuff in place. I already had a wet I
- 20:20mean, yes, I was rebranding and and relaunching, but outside of that, you know, things
- 20:25like the business name, the banking, the accounting software, the invoice software, like the CR
- 20:30like the CRM, the like I had most of the infrastructure already there. I grossly
- 20:35underestimated how long it was going to take to trademark the name.
- 20:39Yeah. Ron Latz | LegalFenix (20:40) And once it was originally approved, again, oversight, my
- 20:44part, lawyers part, but they snuck a space in between legal and phoenix. So we
- 20:50had to reapply and
- 20:52no. Ron Latz | LegalFenix (20:52) get that done. So that was like a 14,
- 20:5716 month process. That took way longer than I had thought. it also took me
- 21:03way shorter to have to hire the first full-time employee. because again, I was not
- 21:08expecting that. So I had worked with some contractors on Upwork. My my longest tenured
- 21:14now employee has been with me almost since day one. She's my EA, turned ops
- 21:19manager, and worked with her for over two years on Upwork, bought her out, now
- 21:25full-time employee. and then that first W-2 employee in November will be two years. So
- 21:30got some cool anniversaries coming up.
- 21:33Very nice. Okay. And I know we've talked a little bit about your not the
- 21:36hiring strategy, but hiring process now. Tell us about the early day hiring process and
- 21:40how that has evolved. Ron Latz | LegalFenix (21:45) it was all me originally and
- 21:44now I don't do any of it and work with a partner that helps me
- 21:48identify
- 21:49Right. Ron Latz | LegalFenix (21:50) candidates way way better, way faster,
- 21:53Yeah. Ron Latz | LegalFenix (21:54) than I than I ever would. it is not
- 21:57a hat that I necessarily want to wear. I'm doing it in other in other
- 22:02other capacity. capacities during conversations with individual. Like I see people that are active on
- 22:07social. I see people, you know, that have a voice within the space and really
- 22:12share some thoughtful and strategic stuff that are representing, you know, other agencies. And like
- 22:17those are always relationships that You know, I want to make sure I'm developing and
- 22:21nurturing. but initially it was just word of mouth, networking, good old fashioned, like hopping
- 22:26on a Zoom call. And I started, I I I I discovered Kristen is who
- 22:31I'm talking about here through a post from somebody else that worked at CallRail that
- 22:36was connected with her. And I was like, there's no way that this woman's ever
- 22:41gonna want to work for Legal Phoenix. Like, why why would you do this? She
- 22:46was at an agency, like had a had a a pretty senior role. And, you
- 22:50know, we talked for probably like a handful of months before we even were like,
- 22:55okay, we're gonna do this. Like, are you good? This is kind of a risky
- 23:00thing, you're gonna be number one. but it's been it's it's it's been it's been
- 23:05great. It's been great. So
- 23:07Now you fly in candidates when you're trying to hire them if they're from somewhere
- 23:11else. You'll fly out. Okay. Ron Latz | LegalFenix (23:11) I'll fly out. I'll fly
- 23:16out. Yeah, just because, you know, at this point, I still feel like sitting down,
- 23:21face to face, breaking bread, grabbing a drink, whatever it is, like you're able to
- 23:26pick up some signals on a Zoom, how people carry themselves, how they present themselves,
- 23:31their confidence, their follow-up, how they treat others throughout the process. But like sitting down
- 23:36with somebody, interacting with them, right? I I I tend to like to grab a
- 23:41coffee, grab a meal. Are they on time? Are they appreciative? Are they thankful? Do
- 23:45they respect the hostess or the server? Right? Like Are they thank like there's just
- 23:50so many different things that you can pick up in a real real life experience
- 23:55that, you know, we're still very small, seven, eight employees now. So it's like they're
- 24:00very important. And I just wanna do everything that we possibly can to make sure
- 24:05that we're making the right decision. So I'll fly out. to go do that. I
- 24:10didn't have to fly out the last time. The most recent employee was in New
- 24:15York, so I got to hop on a train, go right to Grand Central. I'll
- 24:19be in the city next week where we'll fly someone in on the team and
- 24:24we'll meet up with a guy that's in New York and kinda just sit down
- 24:29in war room style. Just bunker down.
- 24:32Nice. Okay, I do like that a lot 'cause I mean, I I think everybody
- 24:36has made a bad hire in some fashion. And sure you spend five hundred bucks
- 24:41on a plane, a thousand for the total trip, whatever it ends up being, that's
- 24:46a heck of a lot less expensive than a hundred thousand dollar hire that turns
- 24:50out to be pretty bad in six months. Ron Latz | LegalFenix (24:51) Completely agree.
- 24:55Completely agree.
- 24:56Yeah. It's I I I like it a lot. And I think do you do
- 25:00you fly out just 'cause of the logistics of you don't want to have them
- 25:04fly to you and then the logistics of, hey, I'll reimburse you for this? Or
- 25:08is it just you want them to be in their own kind of home turf?
- 25:12Ron Latz | LegalFenix (25:11) It's a lot to ask someone to invest the money
- 25:17and the time. people have family. So I've just found it it's always been just
- 25:21a little bit easier for me to say, Hey, I'll fly out, we'll grab a
- 25:25meal, and I'll you know, if they're in a market where we've got clients or
- 25:29other people that I'm connected with, like I try to make obviously the most out
- 25:33of the trip. but we You know, it's not like we're we're again, it's not
- 25:38this like talk about scrappy versus sophisticated. I'll tell you what, we do not have
- 25:42a sophisticated like interviewing process, right? It's like you talk to me for me, like
- 25:46I talk with someone for a little bit just to kind of get a feel
- 25:50of who they are more as a person, not a technical assessment, just like, hey,
- 25:55can we can can can we talk shop? And then I I I pass them
- 25:59on to you know our VP of ops. I usually would pass them on depending
- 26:03upon the role to either another fractional CMO or an account director that's on the
- 26:07team. And then once they kind of pass that gate, right, then we have a
- 26:11much longer, more formal conversation. Then we all huddle together. We kind of say yay
- 26:16or nay. And if everyone's in alignment, I'll say, All right, let's go out. And
- 26:20I'll just have a a more a more formal in-person meeting with them.
- 26:24Has anybody not passed that final in person step? Ron Latz | LegalFenix (26:27) No,
- 26:27but people have said no thank you.
- 26:29Wow, interesting. Okay. I Ron Latz | LegalFenix (26:31) Yep. Yes.
- 26:33that's actually even a test of itself of are they cool with me showing up
- 26:37and saying hi, let's go to your favorite restaurant. I like that a lot. Yeah.
- 26:41Ron Latz | LegalFenix (26:40) Right? To each their own. It's it's I'm not right.
- 26:45Like that's just they're probably not all too interested. Maybe they're interested in the job,
- 26:49but they're probably not all too interested with legal phoenix. So,
- 26:53Sure. Ron Latz | LegalFenix (26:54) you know. And it's not I'm not doing that
- 26:56as a way to filter out candidates. But I just I genuinely want to meet
- 26:59the individual. That's all. Right. So yeah.
- 27:01Yeah. Yeah. Yeah, it makes sense. all right, take me to some client work. Then
- 27:06we're gonna we're gonna get into some more scrappy or sophisticated questions. So client work
- 27:11today. how do you and the team kind of continuously prove value? As a consultant,
- 27:17obviously we're in this situation of expenses get big, consultants are often the first to
- 27:22go. How do you continuously prove value? Ron Latz | LegalFenix (27:23) Yeah, we've got
- 27:27to be proactive in telling our clients, regardless, like the good, bad, or the ugly,
- 27:33and over communicating as much as we possibly can. Right? there's going to be There's
- 27:38usually going to be a disconnect, for example, when when a firm doesn't clearly understand
- 27:44the value that an agency is making on the channels that they might even be
- 27:49managing. So in also ensuring that they have complete clarity around why we are doing
- 27:54the things that we are doing with each of our partners and then the impact
- 28:00that it's going to have on the overall strategy and then what we are doing
- 28:05to drive those things forward, right? It's just ensuring that they know again that the
- 28:10left hand knows what the right is doing and then all the pieces in the
- 28:16ecosystem are on the same page. we have other resources that kind of show the
- 28:21homework, if you will, of what we do. We've got a running Tasks and initiatives
- 28:27and campaigns that are running. We obviously leverage a project management tool to manage that
- 28:32internally, but anytime we are speaking with the client to give them an update on
- 28:37who's doing what, when, where, and why. Right, that's where a lot of those conversations
- 28:43happen. Many of our firms are either on some form of fireproof or EOS or
- 28:48have some sort of like standard cadence in which they are operating the business on.
- 28:53So we'll have a weekly touch base, the normal monthly reviews, plus a quarterly alignment
- 28:59on the big projects that we are working on. So we're we're typically because we're
- 29:04an extension of that leadership team, right? We are having a lot.
- 29:09Okay. Okay. Now selfishly gotta ask. There's gotta be a lot of data going on
- 29:13there. What what what are some favorite KPIs? What do you guys kind of focus
- 29:17on in terms of data? Ron Latz | LegalFenix (29:18) Yes, the the the the
- 29:21data is very often, Jack, I'm sure you you you you know about this, it's
- 29:26it's a struggle. first and foremost we have to get access to it. And if
- 29:30they don't have the permissions or the credentials to get access to it and can't
- 29:34delegate access to us, that's problem number one. then once we do get in there,
- 29:39hygiene, some better than others, right?
- 29:41Yep. Ron Latz | LegalFenix (29:42) And the challenge there is just you got garbage
- 29:44in, garbage out, now you're making decisions based off of bad data. You might be
- 29:48better working off of no data at that point. 'cause you might be making fine
- 29:52Yeah, go straight up, gut instinct. Ron Latz | LegalFenix (29:54) financial decisions based off
- 29:57of that information and either coming out of a market or a channel or going
- 30:02into one that just doesn't make sense based off of the true numbers. Right. So,
- 30:08What we typically are looking at here is dynamic call tracking, software data, CRM data,
- 30:13and then obviously individual marketing channel performance data. We do take data or look at
- 30:18data out of the case management or matter management tool. That's mostly due to like
- 30:24for the PI firms that we are working with to try to get verger settlement
- 30:29numbers, because in their CRMs, they're typically just putting an estimated case value. We can
- 30:34at least, you know, project or build out what like the full funnel works with,
- 30:40what the feat of the firm is going to be, take into account their yield
- 30:45or their take to try to identify and model out what this is going to
- 30:51look like. But, you know, at its most elementary level, we look at a blended
- 30:56scorecard so we can understand all channels: inbound, referral, digital, traditional. what our average cost
- 31:01per lead is, what our average cost per qualified opportunity or wanted lead is, and
- 31:07then what our blended acquisition costs are. Okay.
- 31:10Night. Ron Latz | LegalFenix (31:11) And then in between each of those sales stages,
- 31:15depending upon what your sales stages look like. We would look at the conversion rates
- 31:20between them. So just total raw leads to qualified leads to sign cases. And that
- 31:26gives us conversion rates of qualified to wanted. I'm I'm sorry, qualified and wanted to
- 31:31sign case. So those, you know, not looking at individual channels are the some of
- 31:37the primary business metrics that we are monitoring on a month to month, quarter over
- 31:42quarter, year over year basis. So we can at least give our insights to the
- 31:47client about what's working, what's not, and what do we actually do about it.
- 31:53I love it, man. I love the data driven approach. I love the centralization you
- 31:55got going on too. let me hit you with some scrappy versus sophisticated sort of
- 31:58a lightning round here. how do you Ron Latz | LegalFenix (32:01) Yeah.
- 32:01feel about websites that are dot net? Ron Latz | LegalFenix (32:06) I mean it
- 32:04doesn't really bother me. Sure, if you want.net,
- 32:07Okay. All right. Ron Latz | LegalFenix (32:09) dot io, dot AI, whatever it is,
- 32:11if you can get you can get the dot com, I go with the dot
- 32:15com, but the this day and age, your your HubSot is a central location for
- 32:20people to to to land on. It it's it's a home base, but it kinda
- 32:24hubs and spokes to all your other social profiles, your directory profiles, all of that
- 32:29stuff. So
- 32:30Okay. Okay. do you ever do anything where you're like, yeah, totally hundred percent confident
- 32:33we can definitely do that, absolutely, but you've never actually done it. You're just very
- 32:37confident that you'll be able to do it on the first try. Ron Latz |
- 32:40LegalFenix (32:40) No, I will disclaim that that I have not done it, but I
- 32:44will let them know that I am confident in the ability to do it. But
- 32:48no. I would always rather tell someone I have no idea, but I'll go get
- 32:51the
- 32:52Okay. Ron Latz | LegalFenix (32:53) answer for you, or I'll point you in the
- 32:55right direction. But I just think that that gets you into too much hot water.
- 32:59Fair, okay, all right, pretty good. any any clients early on, or I guess any
- 33:03clients at any point where you're like, All right, this'll be it pretty easy money,
- 33:07easy gig, easy whatever, high value for them and all that good stuff. But then
- 33:11that client ends up seriously losing you money. Ron Latz | LegalFenix (33:15) Yeah, there's
- 33:15been a couple. Mispriced,
- 33:17Yep. Ron Latz | LegalFenix (33:19) misscoped. do you think you set proper expectations? but
- 33:22some you know, people hear what they want to hear. that's gonna happen, right? But
- 33:27I've been in the space long enough, I think, to identify some red flags, also
- 33:32just avoid some of the landmines, but I don't bat a thousand. And in those
- 33:37instances where we find that we don't believe that we are able to deliver. as
- 33:42much value or there is that friction. We have an adult and professional conversation about
- 33:47the misalignment. And if we determine that things just weren't gonna work out, then we
- 33:52try then we try to part ways amicably.
- 33:55There you go. All right. Pretty sophisticated. I like it. do you play the credit
- 33:59card timing game where you wait till tomorrow to charge something? Because that's next month's
- 34:03statement. Ron Latz | LegalFenix (34:04) No, I don't do that. I'm I'm one of
- 34:07those guys. I don't know if ya I mean I just like I pay my
- 34:12credit card more than once a month.
- 34:14interesting. Ron Latz | LegalFenix (34:14) I do. P I personally, I mean maybe I
- 34:17don't do that as I don't I probably don't do that as frequently with the
- 34:21business. But yeah, you know, we go back to those college days of hungry men,
- 34:24right? Like that was the that was the first and I'll tell you Jack the
- 34:28last time I will ever put myself in any type of credit card debt.
- 34:32Nice. Okay. Ron Latz | LegalFenix (34:32) Right. So no, clear it out, keep the
- 34:35credit score high. That's it.
- 34:37Okay, all right, pretty good. Ever gotten a review from a family member? Ron Latz
- 34:42| LegalFenix (34:42) No. My
- 34:44Okay. Ron Latz | LegalFenix (34:44) f my family? Nah. No. I I I I
- 34:49sometimes joke and tag my wife on LinkedIn because like she'll never see it and
- 34:55then trying to you know, get my parents or anybody like that on social. that's
- 35:00that's a comedy of errors, I'll tell ya.
- 35:04I'm sure. all right, back to the family, the early days. did you ever collect
- 35:09anything as a kid? Ron Latz | LegalFenix (35:12) I mean as a k as
- 35:14a kid, yeah, pr you know, baseball cards. you know, as I was if you
- 35:19remember POGs.
- 35:20Yeah, wow, yeah. Ron Latz | LegalFenix (35:25) I've got all the original fifty state
- 35:27quarters because both
- 35:29No way, you got all? Ron Latz | LegalFenix (35:31) both side like my my
- 35:33grandfather was a coin collector and then my mother in law Her father was also
- 35:38he collected coins as well. I j yeah, I did that that was just random.
- 35:43No, that's it. Now I got young kids and my son is just completely obsessed
- 35:48with everything Pokemon. So that's what we got here. So Hey, by
- 35:52Hey, some of us are still there, you never know. Ron Latz | LegalFenix (35:54)
- 35:56all means. I mean he's he's bartering, he's trading. He loves he loves it, so.
- 36:01How is at my brother and I would collect all the cards that we could
- 36:04get and binders like six inches thick, full of cards and stuff. I I don't
- 36:08know if either of us thought it was gonna make us rich. It certainly hasn't,
- 36:11but that was like kind of that Ron Latz | LegalFenix (36:14) One.
- 36:15that goal of like maybe one day, you never know. Did you ever have that
- 36:17with any of the happies? Ron Latz | LegalFenix (36:17) Yeah, hold on to Hold
- 36:19on.
- 36:20Yeah. What was the first job? Ron Latz | LegalFenix (36:26) Technically. I mean my
- 36:24first first job when I was like twelve or thirteen, I was a a concession
- 36:29stand attendant and umpire for Little League. Like whatever it was, twelve, thirteen? Like Yeah.
- 36:34I mean it was only
- 36:36You were umping at twelve? Okay. Still. That's awesome. Ron Latz | LegalFenix (36:43) bases
- 36:40and then you could start doing you know, I wasn't behind the plate and it
- 36:45pictured
- 36:46Yeah. Ron Latz | LegalFenix (36:47) like those like it was young kids. but that
- 36:51was probably the first job where I was getting like a a a paycheck. And
- 36:57then throughout college throughout high school and then college. I work for a mortgage comp
- 37:03mortgage company helping them just like administratively like do like help with closings. And then
- 37:08I work my best friend, his father owns a wire mesh fabrication and erection company
- 37:14where they build cages to protect like data centers, storage tenant lockers, window guards, and
- 37:20things like that. So me and him would be on the weaving table, we would
- 37:26weave, you know, four, six, eight plus gauge wires. Someone else would weld it all
- 37:31together and then me and him we'd throw it in the truck and we'd go
- 37:37install it. And I did that through all college.
- 37:41Interesting. Okay. all right, that's a that's a smattering of experiences. Do you ever get
- 37:44paid from any Ron Latz | LegalFenix (37:46) Okay.
- 37:46of the band gigs? Ron Latz | LegalFenix (37:49) No.
- 37:49No. Okay. Ron Latz | LegalFenix (37:52) No, not a single one, man. I mean
- 37:53y you know, you you and I mean at at that stage we we would've
- 37:57we would've we would've paid to play.
- 37:59Yeah. Ron Latz | LegalFenix (38:00) you get whatever cut back from tickets that you
- 38:03sell or the merch that we sold, but like you're never making anything on it.
- 38:07That's just like you gotta play until everyone knows who you are. Very difficult way
- 38:11of breaking in and and and making money.
- 38:14Okay. Ron Latz | LegalFenix (38:15) After I had parted ways, they did eventually get
- 38:18signed to a smaller indie label, did like a, you know, couple tours, and unfortunately
- 38:23Okay. Ron Latz | LegalFenix (38:24) it just it it it fizzled it fizzled apart
- 38:26a few short months later.
- 38:28Okay. Ron Latz | LegalFenix (38:29) I had our I was I had already parted
- 38:33ways. I wasn't able to keep up with it, keep up with like recording and
- 38:38sessions and all that stuff, so but still close with the guys.
- 38:42Nice. Okay, good. Good, good, good. did you have to unlearn anything from your parents?
- 38:46I know they weren't necessarily entrepreneurial, but teaching and insurance stuff, there's a dash of
- 38:50that sort of entrepreneurial spirit, at least in the teaching side. Ron Latz | LegalFenix
- 38:55(38:58) You know, it's just like a lot of the lessons that you don't appreciate
- 38:59growing up that you
- 39:01Okay. Ron Latz | LegalFenix (39:02) should have learned previously, now they have now they
- 39:06are learned.
- 39:07Yeah. Ron Latz | LegalFenix (39:06) I think that also happens when you become a
- 39:10a parent and you don't realize how much, you know, they they they do I
- 39:13I when I became a parent, Jack, I couldn't be more grateful and appreciative, you
- 39:16know, for my folks and what they did and the fact that my, you know,
- 39:19my father didn't just throw me down a hill, right? Like it was you
- 39:22Yeah. Ron Latz | LegalFenix (39:24) you really do appreciate it. So it's probably more
- 39:26so the things that they were trying to instill upon me then that I was
- 39:31naive and just immature and didn't accept it, that I now understand and know that
- 39:36wow. Right? They they they were right. They were right. So I've got no problem
- 39:41telling them that now.
- 39:43Okay. All right. Take me inside the office. How many monitors are on the desk?
- 39:49Ron Latz | LegalFenix (39:50) Three. Three.
- 39:52wow. Okay. Are they all the same make and model? Ron Latz | LegalFenix (39:55)
- 39:55They are not. It's just because I've got the stand for the laptop, which goes
- 39:59right here. And then I have two Dell, I don't even remember what they are,
- 40:032045s. I forget what
- 40:04Okay. Ron Latz | LegalFenix (40:05) the model is, but you know, two in front
- 40:08of me, and I've considered consolidating down to just like one. But yeah, it works
- 40:12for me right now. I don't feel like uninstalling it and getting all my wire
- 40:16management done right now, so I'm not gonna get the other one.
- 40:20I that is the next question. Is it all in a docking station or just
- 40:23random wires everywhere? Okay. Ron Latz | LegalFenix (40:24) No, it's very neat and all
- 40:27in a dock it's it's completely hidden from anything else out there. I've got an
- 40:31uplift desk so they have like basically like cargo storage in the back of a
- 40:34trunk that you can kinda hide it all in there. So it wouldn't be as
- 40:38organized as it would be if I didn't have that blocker. But no, no one
- 40:42else can see the chaos that is with within that and neither can I, so
- 40:46it works for me.
- 40:47There you go, okay. anything really unique or like the most unique thing in your
- 40:54office? Any any trinkets, any client gifts, trophies? Ron Latz | LegalFenix (41:01) I've got
- 41:02the 1980s Micah Ruzioni miracle goal
- 41:05Nice. Ron Latz | LegalFenix (41:05) up right here. when I was like a young
- 41:10kid, my dad, I forget where he went, but he brought back a like a
- 41:15crocodile head. I have like a little small crocodile head there.
- 41:19Okay. Ron Latz | LegalFenix (41:22) trying to like, what else do I have here
- 41:22that would be weird?
- 41:24it seems like a pretty tidy office. Ron Latz | LegalFenix (41:27) Yeah, yeah, I'm
- 41:28I'm it's it's gotta be neat, it's gotta be clean, it's all organized, like yes,
- 41:33I can tell if anybody shifted anything on my desk.
- 41:36Okay. All right. Maybe one of the last ones. Ron Latz | LegalFenix (41:39) I
- 41:39know I got a whiteboard over here that the kids just completely demolish and graffiti
- 41:42all over it, but it's cool. So I leave all their stuff there.
- 41:45There you go. Okay. All right. have you ever used two previously already used dryer
- 41:49sheets instead of one new dryer sheet? Yeah. Yep. Ron Latz | LegalFenix (41:54) yeah.
- 41:54I played hockey. I played hockey. I would throw those sheets into my bag. Not
- 41:59like
- 42:00Yep, same. I still do that. Ron Latz | LegalFenix (42:03) yeah, it's a great
- 42:03hack. It is, but
- 42:05Yeah. Keeps everything a little fresh. Ron Latz | LegalFenix (42:08) nothing'll nothing will get
- 42:09those gloves or skates to smell good though. Yeah. Never.
- 42:12Never. Never never never. you ever use clean Tupperware instead of a bowl because you're
- 42:16already out of bowls. Ron Latz | LegalFenix (42:18) Like just eat right out of
- 42:21the Tupperware? Yeah.
- 42:22All right. Okay. Ron Latz | LegalFenix (42:23) have you have you not?
- 42:25No, I mean like so if all the bowls are dirty and you have a
- 42:29clean tupperware that doesn't have anything in it, you're gonna make some cereal in the
- 42:33Tupperware. Ron Latz | LegalFenix (42:38) See like I was thinking like if there was
- 42:38no clean bowls and like unless I was gonna have ice cream, I would just
- 42:42eat right out of the ice cream carton. but putting it into a Tupperware I
- 42:47mean I've ha I feel like I've had to have done it. I don't feel
- 42:51I don't you know, but I can think of something off the top right now.
- 42:56It's fair, that's fair. Ron Latz | LegalFenix (42:58) But definitely like leftovers that were
- 43:00already in there. Yeah, no no doubt.
- 43:02Okay. If you if you order delivery, do you take the food out of the
- 43:05container and plate it or do you leave it in? Ron Latz | LegalFenix (43:10)
- 43:09I keep it in, my wife takes it out for the kids.
- 43:13Okay. I mean this is this is the full duality of man. Complete scrappiness in
- 43:17so many ways, but utter sophistication across the board, really. Ron Latz | LegalFenix (43:23)
- 43:22That's more of the best part about ordering out is you didn't have to cook
- 43:26and the cleanup is so easy. So just, you know,
- 43:30Yeah. Ron Latz | LegalFenix (43:31) rinse them out, recycle the bit like and I'm
- 43:33just gonna eat right out of that.
- 43:35Yep, it's efficient. It's one less dish. It's great. Ron Latz | LegalFenix (43:37) It
- 43:38is, it is, it is.
- 43:40I love it, man. Ron Latz, Legal Phoenix, a foot in both worlds. A lot
- 43:44of scrappiness, but also a lot of sophistication. thank you so much for coming on,
- 43:48Ron. Anything you want the folks out there to know? Anything you want to promote?
- 43:52Ron Latz | LegalFenix (43:55) Hey, if you've got trouble figuring out what's working, what's
- 43:56not working, if you don't know if you've got the right fit partners, or you're
- 44:01just looking for an independent and neutral perspective on how your marketing's going, check us
- 44:05out at legalphoenix.com. I also share and give away as much as I possibly can
- 44:09on LinkedIn. So by all means, check that out or sign up for the newsletter.
- 44:13You get a weekly drop. But I appreciate it, Jack. This is a lot of
- 44:17fun, very different, and hopefully we can do it again soon.
- 44:21Awesome, Ron. I appreciate you coming on, man. Thanks so much for listening, everybody, and
- 44:27stay data driven.