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Michael Poropat, Partner and Attorney with Stockman & Poropat, PLLC
Summary
In this episode of the Building Brands podcast, host Robert interviews Michael Poropat, a partner at Stockman & Poropat, a boutique law firm specializing in entrepreneurial law. Michael shares insights into the firm’s unique approach to client relationships, marketing strategies, and the challenges of maintaining quality assurance as the firm grows. He emphasizes the importance of education in legal services and how their marketing efforts focus on providing valuable information to potential clients. The conversation also touches on the significance of building a strong team and the wins the firm has experienced since its inception in 2022.
Takeaways
- Stockman & Poropat is a boutique law firm for entrepreneurs.
- The average client generates between $1-3 million in annual revenue.
- Marketing efforts are split into name recognition and name reputation.
- Quality assurance is crucial for maintaining a good reputation.
- Education is a key component of their marketing strategy.
- They focus on treating clients like friends rather than just clients.
- The firm has grown to four attorneys since its founding.
- Moving to a new office increased client walk-ins significantly.
- Hiring the right team members is essential for productivity.
- Procrastination and perfectionism can hinder business growth.
