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Practice Pulse Podcast

Elevate your law practice with actionable guidance from the Practice Pulse podcast, produced by the State Bar of Wisconsin and hosted by Practice Management Advisor Brent Hoeft. This podcast delivers expert insights and practical strategies from leading voices across the legal industry, tailored to help you run a more efficient and successful law firm.

Whether you're seeking to hang your own shingle, streamline operations in your existing firm, enhance client relationships, implement cutting-edge legal technology, or look for ways to design a practice that aligns with your goals in today's dynamic legal landscape, the Practice Pulse is your go-to resource for optimizing your law firm.

Need practice management assistance? The State Bar's Practice Management Program, Practice411 , assists lawyers in delivering more efficient and effective legal services and in implementing systems and controls to reduce risk and maximize client relations. For more information, schedule a consultation  or contact practicehelp@wisbar.org or (800) 957-4670.​​


Listen now: Apple PodcastYouTube Music | Spotify | Audible iHeart Radio

Find more podcasts: Visit wisbar.org/podcasts

Contact us: Have ideas for a topic or guest? Email podcasts@wisbar.org


Episodes​​
Episode 2: Talking Malpractice Insurance with Matt Beier of WILMIC​​

In this episode of the Practice Pulse podcast, host Brent Hoeft and guest Matt Beier from Wisconsin Lawyers Mutual Insurance Company (WILMIC) dive into the complexities of legal malpractice insurance. They discuss the importance of understanding malpractice insurance, the nuances of claims made policies, and the significance of tail coverage, especially for retiring lawyers. The conversation also touches on trends in legal malpractice claims, the impact of cyber insurance, and the necessity of effective communication to prevent claims. Additionally, they explore the critical aspect of succession planning for lawyers to ensure client interests are protected in case of incapacity or death. The episode concludes with key takeaways emphasizing the importance of communication and proactive risk management in legal practice.​

Chapters
00:00 Introduction to WILMIC and Its Mission
04:31 Understanding Legal Malpractice Insurance
10:50 Claims Made Policy Explained
15:22 Tail or Extended Reporting Endorsement and Career Transitions
27:30 Trends in Malpractice Claims
36:17 Data Breaches and Cybersecurity - Cyber Insurance
40:11 Meaning of Claim
46:31 The Importance of Succession Planning
51:56 Guest Takeaway Tip - Communication



​Episode 1: From Montgomery to Milwaukee - The Journey of Lawyer Lindsey Draper

In the inaugural episode of the Practice Pulse Podcast, produced by the State Bar of Wisconsin, host Brent Hoeft interviews Damien Riehl from vLex about the transformative impact of AI on legal research. They discuss the evolution of legal research tools, the integration of AI in legal practices, and the potential shift from billable hours to flat fee structures. The conversation highlights the importance of leveraging technology to enhance legal services and improve efficiency, while also addressing ethical considerations and the future of legal workflows.
Chapters

00:00  Introduction to Legal Tech and AI
02:49  The Evolution of Legal Research
05:53  vLex and Fastcase: Merging for Better Access
08:35  AI Integration in Legal Research
15:06  Ethics and Security in AI Usage
17:25  Enhancing Legal Services with AI
19:28  Billing Considerations
23:24  Better Legal Services through AI
27:29  AI in Legal Research: Workflows and Integration
30:21  Future of AI in Legal Research
32:37  Takeaway Tip​​