My Favorite Mistake — 143: Law Firm Founder Leslie Tayne Thought She Needed a Male Partner to Get Started

Founder and managing director of the Tayne Law Group, P.C.

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My guest for Episode #143 of the My Favorite Mistake podcast is Leslie Tayne, an award-winning financial attorney and author of the book, Life & Debt. She has over 20 years of experience in consumer and business financial debt solutions.

Leslie’s extensive background spans in negotiations with large international banks and credit agencies for loans, lines of credit, credit cards, and student loans.

She is the founder and managing director of the Tayne Law Group, P.C., a law firm headquartered in New York dedicated to debt solutions and alternatives to bankruptcy for individuals and businesses. Leslie frequently provides her expertise on financial, credit, and debt topics both as a public speaker and in the media.

She is also a board member for the Guide Dog Foundation for the Blindand America’s Vet Dogs.

In today’s episode, Leslie shares her “favorite mistake” story about thinking she needed a male business partner when she started her first law firm. Why was this a mistake and why was it a mistake to partner with that particular man? What did she learn, including the need to hire for a fit with the vision and values?

We also talk about questions and topics including:

  • % of firms headed by women?
  • Business owner financial mistakes?
  • Mistakes with Merchant Cash Advance loans?
  • Personal financial mistakes?
  • Mistakes with debt relief, tax debt relief, or debt consolidation programs / services?
  • Red flags to look for?
  • When should somebody reach out to an attorney?
  • Bankruptcy is not always the answer

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