Attention, law firm owners. Have you ever stopped to consider if your personal beliefs about money could be hindering your financial success?
In this solo episode of The Lawyer Millionaire Podcast, host Darren Wurz dives deep into the concept of money scripts and how they may be quietly dictating your financial destiny. Let’s uncover what money scripts are, how they affect you, and how changing them might transform your financial future.
Darren discusses:
The concept of money scripts and how deeply ingrained beliefs about money shape financial behaviors and attitudes, often without realization.
The potential personal and business effects of money scripts, including overspending, difficulty saving, and impacts on law firm financial management.
Common money scripts, such as “money is bad” and “more money will make things better,” and how they may be influencing financial decisions.
Practical strategies for reflecting on and analyzing personal money scripts, including techniques for identifying and discussing these beliefs with others.
The importance of seeking professional guidance from a financial planner or financial therapist to navigate the intricate journey of unearthing and reshaping money scripts effectively.
Are you a law firm owner looking to navigate the maze of taxation while maximizing your profits? This exciting episode of The Lawyer Millionaire Podcast promises to be your guiding star.
Our host Darren Wurz sits down with Jayden Doye, a mastermind in tax strategy who has carved out a niche in optimizing law firms’ tax situations. Jayden shares valuable insights into selecting the right market, implementing innovative cash management systems, and changing your business’s financial trajectory.
As a proponent of work-life balance, Jayden also dives deep into making your firm not only successful but also a source of personal fulfillment, allowing you to enjoy life’s luxuries like six vacations a year!
Doye discusses:
The benefits of incorporating a ‘profit first’ system to manage your cash better and ensure year-round readiness for tax obligations.
Strategies for ethical law firm owners to distinguish themselves in a competitive market.
Why he doesn’t work for people he doesn’t like.
The differences between a value first firm and a volume first firm.
How involving family members in your firm could be a masterstroke for tax deductions, retirement benefits, and instilling strong work ethics.
Practical tips on leveraging business conference attendance to grow your firm’s network, expand your knowledge base, and enjoy tax-deductible travel perks.
Jayden was not always the financial guru that he is today. Growing up in a household just shy of the federal poverty line in Prince George’s County, Maryland, he knew the importance of money management but didn’t have the tools to create the financial stability he so desperately craved. After graduating Towson University with a B.S in Accounting and incurring a large amount of debt, Jayden was determined to make a change.
With a little hard work, and A LOT of sacrifice, Jayden became independent, gained professional growth as an accountant at a small CPA firm in Atlanta, and became a Certified Public Accountant. Over the next years, he’s worked with clients in just about every industry — helping them not only expand their financial portfolios, but to create plans that ensure financial sustainability and minimize taxability.
As a CPA, Jayden’s goal is to help entrepreneurs like himself gain independence and create a unique action plan to bring more to their bottom line while paying less in taxes. Invest in yourself and start working with Jayden TODAY!
Are you ready to be inspired by a true David vs. Goliath story? In the latest episode of The Lawyer Millionaire Podcast, Host Darren Wurz engages in an insightful conversation with Brian LaBovick, a warrior against injustice and a savvy business mind. Discover how his gritty childhood and disdain for bullies propelled him from fistfights to fighting insurance companies in the courtroom.
LaBovick’s tale isn’t just about success; it’s a masterclass in resilience and business acumen. Whether you’re a law firm owner navigating growth or an entrepreneur seeking financial freedom, there’s a wealth of experience to glean from Brian’s story.
LaBovick discusses:
How to overcome financial struggles and the temptation of lifestyle creep.
Community engagement and philanthropy as part of a business’s ethos.
Methods to strategically reduce expenses, manage debt, and judiciously leverage resources for the benefit of the firm’s progression.
Why you need to define your CORE values for business success.
An exclusive peek into the EOS system for maximizing meeting efficiency.
Brian LaBovick is a lawyer and entrepreneur who has earned more than $400 million for his clients after establishing his injury law practice in 1991. As one of two students selected to the prestigious Order of the Barristers as the outstanding litigator in his class at the University of Miami, Brian was hired by the US Department of Justice Honors Graduate Program after graduation.
He is now CEO of the LaBovick Law Group, an advisory board member of Keiser University’s legal education division, a past president of the North Palm Beach County Bar Association, and former director of the Palm Beach County Justice Association.
In this insightful episode of The Lawyer Millionaire Podcast, host Darren Wurz sits down with Karen McClure, a veteran attorney turned burnout coach, to dive into the all-too-common experience of burnout in the legal profession and how to overcome it.
Karen draws from her personal experiences as an attorney and her journey towards becoming a burnout coach, shedding light on the challenges faced by legal professionals and offering actionable insights for law firm owners.
Karen discusses:
The difference between stress and burnout.
The impact of burnout on physical and mental health.
Physical and emotional manifestations of burnout.
Key strategies law firm owners can adopt to detect burnout in their teams.
Practical tips for managing time and overcoming procrastination.
Common objections attorneys have against working with a burnout coach.
Karen McClure is a lawyer, a mom of two boys, dog mom, cat mom, and a certified lawyer burnout coach.
I live with my family outside of Birmingham, Alabama. I’ve grown to love it here, even though all I wanted as a teenager was to leave.
I went to law school in 2003 because I had an English degree, a Women’s Studies minor, and no idea what I wanted to be when I grew up.
I’ve practiced law since 2006, and I’ve been running a law firm with my husband since 2013. It was my dad’s practice before he passed away that year.
My dad was my mentor, and he taught me that the only way to succeed was to work harder. He worked right up until he died, and I vowed that my life wouldn’t look like that.
It wasn’t long after we started running the practice that I burned out.
I remember what it feels like to want to stay home because you feel so anxious about going into work but then the only way you know how to deal with that anxiety is to just keep going.
I lost sleep and gained weight.
I tried desperately to get myself out of it, but the only way I found to overcome burnout was to work with a coach
And, that was when I found my calling. I knew I needed to get certified, so I could help other lawyers who are going through what I went through.
I’m here to help you.
If you’re feeling drained, anxious, and hopeless when it comes to your practice and your life, we can talk about how to get you out of it.
Are you ready to elevate your legal career and financial future? Take a note from a lawyer who’s truly mastered it all.
On Episode 44 of The Lawyer Millionaire Podcast, we explore the profound techniques and financial acumen of Mike Alder, an esteemed trial attorney who has mastered the art of wealth-building within the legal profession.
Host Darren Wurz engages in a thought-provoking conversation with Alder, who shares his systematic approach to trial preparation, the significance of a positive mindset, and the delicate balance between financial success and giving back to the community. His story is one of resilience, innovation, and the relentless pursuit of excellence in every facet of law practice.
Alder discusses:
How to refine your trial preparation strategies to enhance your courtroom efficacy and create an optimal experience for jurors.
How a lawyer’s upbringing shapes their approach to the industry.
The impact of positive language and intentionality on success.
How to stay grounded irrespective of the level of success you have attained.
Why failure is a critical path of success and part of the journey.
How to use wealth for systemic change and philantrophy.
Michael Alder is recognized as one of the top trial attorneys in California and has recovered over $2.1 billion in verdicts & settlements.
Michael Alder is the owner and Senior Trial Attorney at AlderLaw, a leading Los Angeles firm that represents plaintiffs in personal injury and employment litigation cases. He is known as one of the top trial attorneys in California, an advocate for underdog clients, and a generous supporter of fellow trial attorneys, charitable causes, and community giving.
Mr. Alder vigorously pursues all cases on behalf of his clients who have suffered injustices and takes pride in being personally involved in every case his firm takes on. Along with his team of lawyers and staff, he consistently breaks records and earns the praise of the press with significant settlements and impressive verdicts including the City of Modesto v Dow Chemical $60 million total verdict. To date, his firm has recovered over $2.1 billion in verdicts and settlements for his clients.
Over his 29+ years in litigation, he has received numerous accolades. This includes being the youngest recipient ever of CAALA’s Trial Lawyer of the Year in 2004 (the nation’s largest association of plaintiff’s attorneys), winning the prestigious California State Bar Clay Award “California Attorney of the Year” for personal injury in 2014, named one of the Daily Journal’s 2012 Top 100 Lawyers in California and named a “Top 100 Southern California Super Lawyer” 13 consecutive years. Mr. Alder has also been a member of the American Board of Trial Advocates (ABOTA) since 2003 and currently serves on their Executive Committee.
A well-renowned speaker and published author on trial strategy, Mr. Alder has a long history of supporting other trial attorneys. He maintains a 9,000-deposition database and expert witness directory plus provides information, at no charge, to his colleagues. He is a devoted mentor to young lawyers and offers access to his archived depositions, as well as financial assistance with the establishment of the AlderLaw Warrior Fund program, networking opportunities, and free seminars.
Michael Alder is a strong believer in giving back. His involvement in the community includes being a founding member of the Los Angeles Trial Lawyers Charities (LATLC), a nonprofit public benefit corporation organized to improve the lives of those in need in Southern California. He served as LATLC’s President in 2017 and continues to serve on the Board. Mr. Alder is also a founder of the American Museum of Tort Law and a member of the Board of Trustees for the Inner City Law Center (ICLC), a pro bono skid row law firm dedicated to ending homelessness and advocating for veterans’ benefits. In 2020, Mr. Alder was awarded ICLC’s highest honor – the “Katherine Krause” award – for his pro bono trial work on behalf of victims of slumlords. In 2020, he joined the board of directors for the National Hispanic Media Coalition and the Metro Los Angeles YMCA.
Most recently, Mr. Alder and law partner/wife Gina Zapanta founded Z.A. gives, a non-profit formed in response to the COVID-19 crisis to aid food and education insecurities. The charity is funded by a percentage of profits earned through their law firms, AlderLaw and Z.A. Lawyers.
Since March 2020, Z.A. gives has donated more than $150,000 in food and support to local hospitals and restaurants. In all, over 25,000 people have been fed by Z.A. gives’ direct giving.
In his spare time, he enjoys traveling to the family’s Louisiana ranch, exercising, collecting knives, taking care of his chickens and goats, and entertaining family and friends. He has a teenage daughter and son, is a bonus Dad to Gina’s two daughters, and two baby boys.
As a legal professional, you’ve dedicated years to building a successful practice, but have you given the same meticulous attention to your retirement plans? It’s not just about financial security—it’s about creating a fulfilling life after the courtroom battles and client meetings cease.
In Episode 43 of The Lawyer Millionaire Podcast, esteemed retirement and transition coach Denise Henry sits down with host Darren Wurz to deliver an essential masterclass for law firm owners poised to make their transition from the legal landscape to retirement.
Denise discusses:
Practical tips to combat social isolation and maintain a vibrant community life.
The ideal time to start contemplating retirement.
How to navigate identity crisis and find new purpose.
How to embrace the “messy middle” of transitions, whether it’s retirement,
empty nesting, or stepping into a grandparent role, and emerge with renewed purpose.
The changing nature of retirement from relaxation to purpose seeking.
The importance of balancing finances, health, mental well-being, relationships and social life.
Denise Henry is the founder of Summit Coaching & Consulting, Inc., an organization dedicated to assisting individuals in crafting successful pre-retirement transitions and providing invaluable support for retirees navigating the multifaceted challenges of this life phase.
With a distinguished reputation for her empathetic yet candid coaching approach,
Denise has empowered and mentored countless executives and leaders since 2003. Whether engaging in personalized one-on-one sessions or leading group coaching, her unwavering commitment lies in helping individuals attain a clearer vision for their retirement journey. Her exceptional capacity to establish trust swiftly and her collaborative coaching style cultivate an environment where individuals feel encouraged to express their authentic selves, thereby embarking on a purposeful retirement with newfound confidence.
Denise boasts certification as a retirement coach and holds an MBA from the University of Dallas, underscoring her expertise in facilitating successful transitions. She is in high demand as a facilitator and speaker for corporate engagements and community events.
Denise firmly believes that everyone deserves the keys to unlocking the mysteries of retirement.
As a law firm owner, the struggle to balance the demands of your practice with the aspirations for growth and financial freedom can seem unending. In this pivotal Episode 42 of The Lawyer Millionaire Podcast, host Darren Wurz engages with Walt Hampton, founder and CEO of Summit Success International.
Walt talks about the critical transitions law firm owners must navigate to shift from active practitioners to strategic business owners. With Darren, they dissect the intricacies of leveraging a lawyer’s inherent skills into tangible wealth creation and the importance of strategic delegation and goal setting.
Walt discusses:
A huge mindset shift lawyers need to embrace to achieve their business goals.
The importance of effective delegation by using a pancake metaphor.
The necessity of self-care, structured daily habits, and the power of saying no, to safeguard well-being and spur productivity.
Why you should have an evening routine together with your morning routine to end your day.
How he was able to balance his career aspirations as a single parent.
The significance of solid referral marketing and lead generation strategies.
Walt Hampton, J.D. is the Founder and Chief Executive Officer of Summit Success International, a global personal and professional development firm; and the Acquisitions Director at Summit Press Publishers, a premier publisher of expert positioning books.Walt is a business coach, management consultant, leadership trainer and motivational speaker.
He is the bestselling author of Journeys on the Edge: Living a Life That Matters, named a Top 10 Non-Fiction Book and a two-time recipient of the North American Book Awards; as well as the author of The Power Principles of Time Mastery: Do Less, Make More, Have Fun.
A 1984 graduate of The Cornell Law School, Walt was managing partner of a law firm for nearly 30 years with a practice focused on commercial litigation and criminal defense.
He was trained as a Results Coach by Robbins Research International and worked directly for Tony Robbins as one of Tony’s elite-level certified business coaches.
Walt’s passions are high-altitude mountaineering, ultra-distance running, blue-water sailing & adventure photography.
He and his wife, the publisher Ann Sheybani, reside in Intervale, New Hampshire.
In the competitive arena of law firm ownership, every decision can make the difference between lasting success and missed opportunity.
In the 41st episode of The Lawyer Millionaire Podcast, host Darren Wurz takes an incisive look into the journey of James Grant, a civil engineer turned law firm co-founder who mastered the art of converting professional hurdles into strategic growth for Georgia Trial Attorneys.
Join us as we delve into the vital role of refining processes within your niche, leveraging technology and automation to streamline operations, and the continuous journey of embracing change that every entrepreneur faces.
James Grant’s story is a testament to strategic acumen and the power of resilience in the face of the trials he endured on his path to achieving triumph in both the courtroom and the financial market.
James discusses:
The immense value in hiring experts and not cutting corners when it comes to business and financial operations.
Why he is a massive fan of AI and the disruptive effect it is poised to have in the legal industry.
The importance of implementing strategic systems and procedures that will streamline operations and enhance efficiency.
How niching down in a specific area can differentiate your firm and lead to greater profitability.
How law firm owners can save time by automating payment processes.
Tax strategies that law firm owners can explore to benefit their business and their employees.
Why entrepreneurs need to embrace change and creative disruption.
James Grant isn’t just an attorney; he’s a game-changer. As the co-founding partner of Georgia Trial Attorneys, he’s revolutionized the field of personal injury law in Georgia. He has created a powerhouse law firm that serves as the outsourced litigation arm for other personal injury firms. Gone are the days of personal injury lawyers juggling pre-litigation and courtroom battles. James’ mantra says it all: “We litigate, so you don’t have to!”
Together with his co-founder, Mark Kirchen, James has designed a form that embodies the future of law: where partners thrive, justice is swift, and technology leads. His leadership has shaped Georgia Trial Attorneys into a beacon of:
Absolute Accountability: We own it, fix it, and finish it
Forward Momentum: We accelerate cases, not just activity
Relentless Refinement: We are always looking to elevate
Every Conversation Is A Chance To Excel
Not just a powerhouse litigator, James is a tactical businessman. His dual expertise proves that you can win in the courtroom while maintaining a well-balanced life. A seasoned veteran in the courtroom, his prior roles include stints as an Assistant Solicitor-General and Senior Associate Attorney, where he honed his skills in both criminal and civil litigation. His diverse experiences make him the ultimate weapon against insurance companies and their greed, leveling the playing field for every client he represents.
But James isn’t all business. Outside the courtroom, he’s an amateur strongman competitor and an avid golfer. He values the harmony of a fulfilling personal life,. He lives in Roswell, Georgia with his wife Meredith and their children, James and Leah.
Are you a law firm owner buried in administrative tasks, leaving little time for your true passion for practicing law? It’s time to change the narrative and steer your firm toward greater profits and personal freedom.
In today’s episode of The Lawyer Millionaire Podcast, Guest expert Dan Warburton, a seasoned leadership coach, joins host Darren Wurz to explore the critical importance of delegation as a strategic tool for the modern legal practitioner.
Dan’s transformative strategies, explores how proper delegation transcends merely offloading tasks but can serve as a pathway to elevating your firm’s profits and team morale.
Dan discusses:
Why no leader is ever a true leader without a loyal team.
Empowering staff to take responsibility.
The fastest way to break down team members loyalty.
The critical role of mentorship in reducing staff turnover and increasing profitability.
How to make clear requests without manipulating people or using scare tactics.
Dan Warburton helps Law Firm Partners & CEOs increase their profit and reduce their workload
Dan Warburton a well travelled British entrepreneur is someone who has always had a great ambition to create, live and share an extraordinary lifestyle yet he spent a major part of his life dealing with sadness, anxiety and frustration.
The cause of his deep dissatisfaction was a feeling of not fitting in at school and college, failing to succeed in numerous business ventures and not being able to make his father proud. From his mid-twenties and throughout his thirties Dan became ever more determined to discover why he found himself to continually fail in creating even one satisfying business and so turned to self-reflection and development for the answer.
Initially, Warburton read hundreds of books about leadership and success all in an attempt to find that missing key to breaking through and begin succeeding as a business owner. He implemented what he learned from books such as The Monk Who Sold His Ferrari by Robin Sharma. Think and Grow Rich by Napoleon Hill, Losing My Virginity by Sir Richard Branson, The Way Of The Peaceful Warrior By Dan Milman and A New Earth By Eckhart Tolle, The 4 Hour Work Week By Timothy Ferris and The Richest Man in Babylon By George Clason.
Along with reading such literature Dan also spent time learning to meditate with Buddhist monks, he practised Thai Chi for years and was awarded a Thai Chi Master certificate, he also practised Yoga under great teachers in India and in the Himalayas. All of this was again to enhance his abilities in creating and living the greatest lifestyle an entrepreneur possibly can.
While reading and carrying out such practices Dan also completed nearly two-hundred courses in self-development that covered ontology (the study of being), leadership skills and self-transformation which is now his primary expertise.
Warburton gained great insights as to how he’d been subconsciously dominated by ways of thinking that no longer served him. These where totally life-transforming insights for Dan. After further years of studying self-transformation, Dan is now able clearly to guide others to implement the self-transformational methods that he’s discovered to have greatly elevated his lifestyle as an entrepreneur.
Dan now has numerous testimonials online from entrepreneurs stating that the quality of their life has dramatically elevated from receiving Dan’s coaching and thus he is now seen as the pioneer of transformational coaching and is often invited to speak at large events around the world about what transformation makes possible for those who truly want to succeed.
What makes Dan happier than anything is coaching entrepreneurs, seeing them impact humanity in a great way and in the process create and live their dream lifestyle.
From his own lives journey and from now having coached over one thousand entrepreneurs, in his books, the author Dan Warburton reveals his greatest insights about what it takes to succeed in an extraordinary way as an entrepreneur both in business and in dream lifestyle creation.
Are you a law firm owner seeking the keys to success and financial prosperity? In this episode we dive into the incredible journey of Jordan Ostroff, founder of Jordan Law, who not only reshaped the legal landscape but also unlocked the secrets to building a digital first firm that has rapidly grown to become a prominent force in Central Florida.
In this episode, Jordan Ostroff, our guest, explores the business principles lawyers need to adopt to enjoy remarkable financial success. Jordan highlights the importance of mentorship, how his firm thrived during the pandemic and why he passionately believes in sharing his knowledge online.
From learning how to build valuable relationships with clients to effective referral systems, this episode is packed with insightful nuggets for lawyers aiming to build a thriving law firm
Jordan shares:
Why it is very important to know your ideal client
How law firms can price their offerings and increase their profitability
How to maintain a healthy work-life balance
How attorneys can build a team that works for them and eventually transition into a leadership role
What it means to be a digital first law firm and how it has improved his clients experience
Jordan Ostroff is a visionary entrepreneur, Managing Partner of Driven Law Fl, Host of multiple Facebook live shows, and a board member of Big Brothers Big Sisters of Central Florida.
From a young age, he knew that he wanted to be a lawyer, even when he had no idea what that meant. During college, he began competing in trial competitions across the country, where he was an award-winning advocate for fictitious cases.
After law school, he started his legal career as a Prosecutor for the State Attorney’s Office. There he cut his teeth in the trenches and learned how to truly be a “real” lawyer.
Today, he manages Driven Law FL, a firm focused on personal injury and helping injured victims get the recovery they deserve. His firm utilizes the latest technology and automation to provide top-level legal work, with a low volume of cases but a high touch level of care and compassion. The son of a postal employee and a substitute teacher, he is the first lawyer in his family, and with no business experience, his first few years of running a firm were incredibly difficult.
He was consistently taken advantage of by marketing companies because he didn’t get it and didn’t know what to ask for or what to look for. Having been faced with the prospect of learning how to run a successful business or close his firm and file for bankruptcy, he chose the latter. Now Jordan works 2-3 days a week, usually 20-25 hours each week.
Board member of his local Big Brothers Big Sisters chapter, a non-profit that pairs hundreds of underserved children with professionals who mentor them for most of their lives and help them achieve success.
Jordan’s life motto is that High Seas Raise All Boats – we are stronger together and we can make the world a better place.
