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!
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 law firm owner, you are intimately familiar with the tension between managing case expenses and maintaining positive cash flow. In Episode 39 of The Lawyer Millionaire Podcast, we dive into a solution that not only alleviates financial stress for your firm but also offers a lifeline to your clients who might feel overwhelmed by the cost of litigation.
Join us as we sit down with Laura Moore, a beacon of hope in the injury funding sphere, who brings a wealth of knowledge and an inspirational personal story to the table.
In this episode, host Darren Wurz talks to Laura Moore, the resourceful founder of Moore Injury Funding, who reveals how her innovative approach to funding is transforming the way law firms and injury plaintiffs weather the long and costly process of litigation. From the outset, Moore’s candid discussion about the realities and ethical considerations of case funding sets the stage for an enlightening conversation.
Laura discusses:
How to determine if an injured plaintiff is a suitable candidate for funding.
The advantages of non-recourse funding.
The average duration for settling personal injury cases.
Financing options for attorneys who want to expand their business operations.
The importance of medical funding for injured plaintiffs.
A real-life success story that illustrates the profound impact of timely funding.
Laura Moore, the founder and CEO of Moore Injury Funding, brings a diverse background and a deep commitment to helping those in need. Originally from Kaunas, Lithuania, in North Europe, Laura pursued her education at prestigious institutions, including Vilnius University in Kaunas and the University of Duisburg-Essen in Germany, where she studied German Philology.
In 2001, she immigrated to the United States and embarked on a journey that would lead her to make a significant impact in the personal injury arena. Laura Moore has a Pre-Medical Science Degree from Georgia State University. She spent eleven years in the medical field in various medical settings, including the ER, surgical ICU, pharmacy, cardiology, operating rooms, preventative and sports medicine, family medicine, OBGYN, emergency care, podiatry, DME, and functional medicine.
Laura’s personal experience with a life-altering accident became the catalyst for starting Moore Injury Funding. Following a T-bone collision in December 2021, Laura underwent extensive medical treatment and rehabilitation, enduring numerous procedures and therapies to manage her injuries. Throughout her challenging recovery, she recognized the financial strain and emotional toll that individuals face during the litigation process. Determined to alleviate the burdens of injured individuals, Laura established Moore Injury Funding in June 2022.
With her educational background, extensive knowledge of personal injury cases, and profound compassion for those suffering from injuries, Laura provides nationwide Legal Funding services. Her goal is to offer financial relief to injured individuals, enabling them to meet their basic needs, receive necessary medical treatments, and sustain themselves during the litigation process until a fair settlement is reached. Laura’s personal journey fuels her dedication to helping others navigate the challenges of their own injury claims with compassion and support.
Attention law firm owners and aspiring legal entrepreneurs! Are you ready to unlock the secrets of ethical prosperity and community impact?
Today, we have something that could be a game-changer for your practice. On Episode 38 of The Lawyer Millionaire Podcast, host Darren Wurz sits down with Dan Fulkerson, the co-founder and managing partner at Batta Fulkerson Law Group.
Dan’s approach transcends the traditional models of law firm management as he intertwines ethical business practice with genuine philanthropy, supporting different nonprofits and embedding transparency at the core of his law group’s philosophy. No greedy pursuits, no mass marketing—just a bulldog mascot symbolizing their tenacity and unique grassroots marketing tactics that resonate with the community.
Dan shares his commitment to sustainable growth, demonstrated by his firm’s cautious financial strategy and dedication to ethical representation.
Dan discusses:
Why keeping at least 6 months worth of overhead is critical.
Why he dislikes the solicitous approach to legal advertising.
The power of transparency and building ethical practices in your law firm operations.
Why it is vital to put people over profit.
How to merge your career with causes you care about.
The importance of monitoring your business activities and how to build systems for scaling your business.
Dan Fulkerson is the Co-Founder and Managing Partner at Batta Fulkerson Law Group.
Dan completed his Juris Doctor degree at California Western School of Law in San Diego in conjunction with his Masters of Business Degree at San Diego State University. He is the only person to complete both degrees at the same time in only two and a half years. He has successfully handled over 15,000 car accident cases and personally helped recover tens of millions of dollars for victims.
Dan’s personal experiences with serious injury car accidents, combined with his experience handling thousands of accident cases, make Dan a dynamic accident injury attorney who helps get his clients the results they deserve. In addition to Attorney Dan Fulkerson’s impressive success rate, it is evident to clients that Dan goes out of his way to treat you like family. Outside of work, Dan sits on 6 charity boards including Active Valor for Gold Star families, Roadogs dog rescue, and Positive Movement Foundation. He also has his own Bulldog rescue that focuses on rescuing French and English bulldogs. Dan loves spending time with friends, family, and his five bulldogs; Winston, Dolly, Teddy, Juan Carlos and Gigi.
Are you a law firm owner looking to harness social media to achieve financial success and build a thriving practice? Then Episode 34 of The Lawyer Millionaire podcast is a must-listen.
Host Darren Wurz is joined by Guest Ryan Stygar, founder of Centurion Trial Attorneys and social media maverick as he delves into his career transformation from aspiring firefighter to trailblazing attorney.
Ryan sheds light on how he creates attention-grabbing content, how his firm quickly gained a strong following on social media and how to deal with haters.
Ryan discusses:
How being authentic builds trust and increases engagement with your content thus fostering client loyalty.
How to find out what kind of content catches traction
The importance of creating a high volume of content such as short 2-minutes videos
The benefits of positioning yourself as an industry expert
Ryan Stygar grew up in San Diego, California. He spent several years as a firefighter for San Diego County and Cal Fire.
While not fighting fires, Ryan was a desert-rescue specialist in the Ocotillo Wells State Park area. During his time as a firefighter, Ryan responded to everything from massive flames to complex rescues for trauma patients.
After four years of service, Ryan left the fire department to earn a law degree. He graduated Magna Cum Laude from California Western School of Law.
Since then, Ryan founded Centurion Trial Attorneys, a California-based employment litigation firm. Ryan has also devoted much of his time to writing.
His nonfiction focuses on helping lawyers and law students develop trial skills.
Today, Ryan is recognized as a leading voice in the field of Labor & Employment law. He has gained a massive following on TikTok as @AttorneyRyan aka “The Labor Lawyer.” Through his videos, Ryan empowers employees and small businesses by educating them about the law and worker’s rights.
Ryan is passionate about promoting education. That is why he started the Young Visionary Project, a nonprofit committed to empowering young people and building strong communities.
His young-readers’ series, the Snot Rocket Adventures, has inspired young scientists, leaders, and entrepreneurs to pursue their dreams. Snot Rocket uses hilarity, outlandish villains, and wild action to teach readers about math, science, and history.
Ryan currently lives in San Diego where he is an active member of the legal, literary, and political community.
Taxes are a major concern for many successful attorneys and law firm owners.
In this episode, Darren Wurz talks with Mike Jesowshek, CPA, and host of the Small Business Tax Savings Podcast. He discusses how he can help you with tax planning, and also walks you through the journey to tax minimization.
Mike discusses:
How he helps business owners and attorneys with taxes
After-tax versus pre-tax dollars
What is unique about tax planning for attorneys
Five main steps in the journey to tax minimization
Mike is the Founder and Host of the Small Business Tax Savings Podcast. He has spent his entire career as an entrepreneur. Mike was CFO and co-founded several companies. Throughout that journey, he has experienced all business stages, from the good to the bad.
Mike’s mission is to help hard-working business owners overcome complex IRS rules and over-inflated tax bills so they can enjoy the fruits of their labor. This is how the Small Business TaxSavings Podcast was born.
Mike earned his Bachelor’s degree in Business Administration and Master’s degree in Accounting. He is a licensed CPA.
When Mike is not in the office you can find him spending time with family and friends. He is also an avid sports fan and you can often find him rooting for his Milwaukee Brewers, Wisconsin Badgers, Milwaukee Bucks, and Minnesota Vikings.
You’ve done it. You’re starting your own law firm. But wait, have you put in enough effort now to make a huge difference moving forward?
In this episode, Darren Wurz will give you critical suggestions on starting your own practice and building it from the ground up and how a little effort now in the beginning can lead to a big pay off later. You will also learn some important strategies for personal and business success.
Darren discusses:
How to start a practice with the end in mind
Why the name of your practice matters
How to manage the ups and downs of running a business
The easy mistake of mixing your business and personal finances
