Have you ever wondered if you are financially prepared for retirement or if you’re just hoping for the best? As a law firm owner, the difference between financial freedom and endless work hours hinges on a crucial concept – your wealth gap.
In this solo episode of The Lawyer Millionaire Podcast, host Darren Wurz guides you through understanding and closing your wealth gap, specifically tailored for law firm owners.
Darren discusses:
The wealth gap and why it is critical for your financial strategy.
The importance of tracking your expenses to gauge your current standard of living.
How to differentiate between traditional retirement and financial freedom.
How to calculate your wealth gap.
The differences between your income gap and wealth gap and how to address each of them.
How to transform your law practice into a major financial asset.
In the digital age, LinkedIn isn’t just a networking platform; it’s a gateway to new opportunities and connections. Success on LinkedIn doesn’t come from simply having a profile; it comes from making the most of every pixel and feature. For ambitious law firm owners, optimizing LinkedIn can translate to business growth and professional acclaim.
In our latest episode of “The Lawyer Millionaire,” we bring you Marc Halpert, LinkedIn specialist and business growth guru, who shares his top strategies to elevate your LinkedIn presence in 2024.
Marc discusses:
Strategies for consistently creating high-quality posts on LinkedIn.
The critical components of an impeccable LinkedIn profile, from eye-catching visuals to a compelling “About” section.
Practical tips on crafting posts that inspire action, without over-relying on superficial engagement tactics like emojis.
How to create a compelling “About” section.
The nuances of using client and colleague reviews ethically on LinkedIn, and why it’s crucial for compliance.
How to create a powerful first impression that significantly attracts potential clients.
Marc W. Halpert is a self-described “multi-preneur.” Since leaving the corporate finance world in 2001, Marc has started 3 companies, all of which he still operates.
Two of those companies offer specialized, paperless electronic payment services to optimize cash flow of by speeding of payments, to:
retailers, small- and medium-sized businesses (Your Best Interest LLC)
nonprofit organizations, professional and membership groups (e-giving).
In 2010 he started his third company, connect2collaborate, to spread his LinkedIn and networking evangelism to train and coach others. In all his LinkedIn training and coaching, he offers professionals the opportunity to better explain their brand and positioning on their LinkedIn profile pages: who they really are and why them vs. the competition.
As a LinkedIn trainer, Marc has been recognized as a high-energy speaker at national and regional conferences and instructor to sales/marketing and HR/training departments at large and small professional service firms and businesses.
He is one of a handful of “evangelists” recognized by LinkedIn nationwide to train nonprofits to cultivate their talent pool, volunteer, board member and donor development opportunities.
His specialty in customized personal coaching has helped individuals in all walks of life and industries to use LinkedIn to better achieve their professional goals.
Marc has authored numerous articles on innovations using the latest LinkedIn techniques for self-branding in national publications, both in paper and online. He serves as a subject matter expert for the business, technology and social media press. He is a frequent contributor to inc.com and has been heard frequently on WCBS Newsradio 880 AM giving LinkedIn advice on their business reports. He blogs every business day with a LinkedIn Nugget.
In April 2021 the second edition of his book published by the American Bar Association “LinkedIn Marketing Techniques for Law and Professional Practices was released.
A perfect gift: “I wanted to let you know that my son was very happy to get your book on LinkedIn for attorneys for Christmas!”
In June 2018, he self-published the only book on the market specifically aimed at teaching LinkedIn concepts to nonprofit professionals, “You, Us, Them: LinkedIn Marketing Concepts for Nonprofit Professional Who Really Want to Make a Difference,” available on Amazon and Kindle. This book has an online course as a companion, available at https://connect2collaborate.wordpress.com/nonprofitcourse/.
Are you a law firm owner aiming to build a fortune that lasts generations? If so, our latest episode of The Lawyer Millionaire Podcast is a must-listen!
In Episode 65, Host Darren Wurz welcomes Bobby Sawyer, a seasoned estate planning attorney, to explore innovative strategies for securing generational wealth.
Together, they delve into innovative approaches to estate planning, including the novel concept of a subscription-based model designed to adapt to your evolving life circumstances.
Bobby discusses:
The essential documents involved in Estate planning.
The innovative Forever Estate Plan and its benefits.
Why you need to select a competent trustee.
How to safeguard your assets from increasing tax liabilities.
Key considerations for succession planning in law firms.
Essential estate planning tools for law firm owners.
Attorney Robert Sawyer, known as Bobby, is a highly skilled attorney focusing on estate planning, business law, and helping families continue their legacies. With experience representing individuals, companies, and local governments, Bobby is dedicated to providing comprehensive legal solutions to his clients.
Before embarking on his legal career, Bobby served in the United States Army Corps of Engineers, where he held the position of combat engineer platoon leader and executive officer. During his service Bobby was awarded the Bronze Star, Meritorious Service Medal, Army Commendation Medal, Army Achievement Medal.
Bobby graduated from Auburn University in 2001, obtaining a BS degree in Education. Following his military service, he pursued his passion for law and achieved remarkable success. Bobby graduated Summa Cum Laude from the Charlotte School of Law in 2011 and passed the North Carolina Bar Exam in August of the same year. Subsequently, he obtained admission to the South Carolina Bar in February 2012.
In 2015, Bobby established Sawyer Law, a law firm dedicated to providing exceptional legal counsel and services to clients. Recognizing the value of collaboration, he later co-founded Johannesmeyer & Sawyer, PLLC in June 2016, further expanding his legal expertise.
Outside of his professional pursuits, Bobby cherishes spending quality time with his family. He has his pilot’s license, loves to barbecue all sorts of meat and pork. He and his wife Katie, also an accomplished attorney serving as an Assistant District Attorney in Cleveland County, have been proud residents of Belmont, North Carolina since 2005. Together, they raise their three children.
With his diverse background, dedication, and commitment to his work, Bobby Sawyer is a trusted legal professional who continues to positively impact the lives of his clients and his community.
Are you a law firm owner struggling to manage billing cycles and case workflows efficiently? You’re not alone. In Episode 61 of The Lawyer Millionaire Podcast, Darren Wurz and guest Randa Prendergast dive deep into practical solutions for transforming your firm into a no Accounts Receivable (A/R) powerhouse.
Randa explores the future of AI in legal work and discuss strategies for effective task delegation.
This episode is packed with actionable advice that will help you streamline your processes, improve client communication, and ultimately, boost your firm’s profitability.
Randa discusses:
The pros and cons of Clio, Lawmatix, and other case management systems for better case workflow and billing capabilities.
How AI can revolutionize case workflow and billing tasks, making your firm more efficient.
The art of delegation with actionable tips, ensuring detailed instructions, regular progress monitoring, and initial support for team members.
How setting efficient task management systems can free up your time and increase profitability.
How to implement smaller, more frequent billing cycles and manage retainer-based billing to create a no A/R law firm.
Randa Prendergast is an experienced Paralegal, Intake Specialist, and Task List Developer Extraordinaire. She has a legal background working with boutique law firms, solo practitioners, and virtual settings. She maintains excellent client and business relations skills with well-versed office and project management experience. She offers professional support, paralegal services, and guidance while you grow your firm and/or take your firm virtual!
In the digital age, a strong online presence is essential for any law firm looking to grow and succeed. In our latest episode of The Lawyer Millionaire Podcast, hosts Darren Wurz and guest Ashley Robinson delve into powerful strategies that can help law firm owners elevate their digital footprint.
Ashley emphasized the significance of SEO and email marketing in consistently producing leads and gaining the trust of Google. She also covers the importance of developing a well-designed, mobile-friendly website that ranks high on search engines.
If you’re aiming to attract more clients and stand out in a saturated market, you won’t want to miss a single minute of this insightful discussion.
Ashley discusses:
Why SEO is indispensable for ranking well on Google and attracting a steady stream of clients to your website.
The importance of utilizing short-form videos and AI-driven content creation to adapt to evolving digital trends.
The importance of website optimization.
Find out why regular email marketing keeps you top of mind through the long buyer’s journey, especially for niches like family law.
How to measure effective KPIs—like conversion rates, contact form activity, and call tracking—to gauge your marketing success accurately.
Ashley Robinson is the founder and CEO of Green Cardigan Marketing, a digital marketing agency that focuses on helping law firm’s grow and achieve their financial goals through marketing strategies that work! Ashley’s journey to starting Green Cardigan Marketing first began with her love for golf; literally (keep reading and you will understand why)! Ashley played collegiate golf at Jacksonville State University where she earned her degree in Public Relations. After college Ashley began her career in marketing where she worked in account management in the automotive and cabinet industries.
In 2019 the opportunity presented itself for Ashley to begin her career in legal marketing. When she began working for lawyers as a side hustle, Ashley quickly realized the need for honest digital marketing services for law firms. As the side hustle grew, Ashley soon realized her passion and love for helping law firms grow through digital marketing. As the business grew, the brainstorming began for what to call the business. Drawing inspiration from her love for golf and the rich history and level of excellence behind the term “The Green Jacket”, the name “Green Cardigan” was born!
Since its inception, Green Cardigan Marketing has been hyper focused on helping law firm owners achieve their goals all while providing out of this world customer service. To date, Ashley and her team have worked with over 150 law firms across 37 states.
Have you ever walked into a room full of professionals and felt lost in the sea of suits and briefcases? You’re not alone. Networking can be daunting, but it’s a goldmine of opportunities when done right. This week on The Lawyer Millionaire Podcast, we dive deep into the art of networking with expert Deb Feder. If your goal is to turn every handshake into a meaningful business relationship, this episode is your roadmap.
Deb shatters common networking myths and shares practical strategies that are immediately actionable and incredibly effective. From clumsy mishaps to strategic mastery, her insights demystify and simplify networking in a way that any law firm owner can appreciate and apply.
Deb discusses:
How to engage meaningfully in group conversations.
How to turn networking mistakes to opportunities.
The hidden value in small talk.
How busy lawyers can manage tasks efficiently.
Effective virtual networking techniques.
How to overcome the fear of putting yourself out there and communicating at networking events.
Deb Feder is a business development coach, strategist, owner and CEO of Feder Development LLC, a consulting firm focused on helping lawyers bring in consistent clients through curious, confident conversations and changing the way we view productivity for professionals.
Deb believes in dropping excuses and simple productivity solutions. Using LinkedIn as a platform to validate and share ideas, Deb helps professionals engage in meaningful content and connections. For the last decade, Deb has committed herself to changing the way we think about work-life balance and tackle high stakes work, allowing for big careers and enjoying our free time. Deb leads the community in dropping excuses, getting productive, and bringing in business through the monthly membership program, Focus30.
Prior to founding Feder Development, Deb practiced corporate law for 15 years and holds a history degree from the University of Michigan and her JD/MBA from the University of Iowa. Deb completed her coach training and certification through New Ventures West and completed the training in The Daring Way™, which is based on the research of Dr. Brené Brown.
In the fiercely competitive legal landscape, achieving breakthrough success requires more than just legal expertise—it demands astute business acumen and strategic foresight.
Join us in this insightful episode of The Lawyer Millionaire Podcast, where Ross Pitcoff, a seasoned attorney and law firm owner, unveils the core strategies that helped catapult his practice to the forefront of the industry.
Ross delves into the significance of precisely identifying and understanding your client base, the intricacies of financial management within a law firm, and the transformative impact of targeted digital marketing strategies.
Ross discusses:
How to identify and target your ideal clients.
How he uses Linkedin to build brand awareness and attract clients.
Practical steps to boost your firm’s finances.
The key reason most lawyers lack business acumen.
The evolution of legal professionals in the digital age.
How to hire the right team members to support law firm operations.
Ross Pitcoff is the Managing Partner & Founder of Pitcoff Law Group, PC (formally known as: Ross Pitcoff Law), a New York City business law firm with a principal office located on Park Avenue.
Mr. Pitcoff is a highly skilled commercial & business litigator, specializing in cases involving business divorce, partnership disputes, contractual breaches, fraud, and alternative dispute resolution. Known for his fierce oral advocacy skills and unique ability to simplify factually complex legal scenarios, Mr. Pitcoff is a powerful advocate for his clients both inside and outside the courtroom.
Having been admitted to practice in the Southern and Eastern districts of New York, Mr. Pitcoff demonstrates his versatile legal skills and ability to effectively navigate complex legal landscapes. He obtained his law degree from the prestigious Fordham University School of Law in 2010, further enhancing his deep knowledge and understanding of the law.
As the Managing Partner of Pitcoff Law Group, Mr. Pitcoff has spearheaded the Firm’s recent tremendous growth, earning the Firm the prestigious “Law Firm 500” award in 2023 while officially ranking as the 11th fastest-growing small law firm in the country. This notable achievement is a testament to Mr. Pitcoff’s exceptional leadership, commitment to excellence, and passion for delivering exceptional legal services to his clients.
In addition to his legal practice, Mr. Pitcoff is a highly sought-after speaker, sharing his insights and expertise on topics related to commercial business practices and alternative dispute resolution. His ability to provide strategic guidance and navigate complex legal challenges has earned him the trust and respect of his clients and peers alike.
Mr. Pitcoff’s areas of expertise extend beyond litigation. He and the Firm also act as trusted General Counsel to business owners, providing strategic guidance to businesses in matters such as entity structuring, operating and shareholder agreements, contractual negotiation and review, internal investigations, and overseeing acquisitions via asset sales or stock purchases. His comprehensive approach ensures his clients receive exemplary legal support and guidance tailored to their specific needs.
Are you tired of feeling like the legal mastermind but the business novice?
Do you find yourself mired in the daily grind at your law firm, unable to make the leap from lawyer to business mogul?
On this episode of The Lawyer Millionaire Podcast, host Darren Wurz sits down with legal entrepreneur Alexis Austin, a maverick who transformed her career from a frustrated attorney to an entrepreneurial powerhouse.
Alexis shares her journey and the hard-earned wisdom she gained while scaling her practice into a seven-figure criminal law firm. Through her narrative, Austin unearths the secrets of approaching business with a strategic mindset, the significance of delegation, and the savvy integration of technology in today’s competitive legal landscape.
Alexis discusses:
How she applies the Pareto principle in her daily operations to magnify results and streamline workflow.
How to turn mistakes into growth opportunities.
The importance of continuous personal and professional development.
How to navigate the delicate balance between trusting your team and maintaining control, a critical aspect for any leader looking to expand their firm.
Her journey of recognizing areas of personal weakness and how turning to the right support staff — including her husband — helped bolster the firm’s robust foundations
Alexis Austin is the CEO and Managing Partner of Right Law Group, a Colorado Springs criminal defense law firm she founded in June of 2018.
Before founding Right Law Group, Ms. Austin was a Deputy District Attorney in Pueblo and Colorado Springs. She left the D.A.’s office to become a partner in a well-respected criminal defense firm in Colorado Springs. During her time there, she learned what it takes to run a successful law practice. Armed with that knowledge and a desire to start a firm wired for the 21st century, she set out on her own and founded the Right Law Group. Right Law Group has since become one of the top criminal defense firms in Colorado Springs by specializing in enhancing the client’s experience through leveraging technology.
Ms. Austin has a passion for helping people get back on the right path and work towards bettering their lives. She also believes that clients should be treated as more than case files. They should be able to build a strong relationship and trust with their law firm as they go through the most difficult times in their lives. Ms. Austin has made that philosophy the cornerstone of Right Law Group. Based on her background in cognitive psychology and domestic violence research, Ms. Austin particularly enjoys working with people who are charged with domestic violence charges or who suffer from PTSD. Her knowledgeable and compassionate approach to helping clients see the light at the end of the tunnel is one of the things people love best about working with her.
Not only is Ms. Austin passionate about zealously representing her clients, she is also a dedicated businesswoman. Her leadership and vision have led the Right Law Group to consecutive years of increased growth and success, including during the Covid-19 pandemic. Since June of 2018, she has grown the business from a single employee (herself) to four full-time attorneys, and a staff of ten. She has also mentored local entrepreneurial attorneys who have used Ms. Austin’s example and advice to open and grow their own legal enterprises.
Alexis Austin’s expertise goes beyond her role as a lawyer; she’s also the founder of 360 Strategic Success, a consulting business focused on coaching and advising criminal defense law firm owners to effectively build and manage their practices. With personalized coaching and strategic guidance, Alexis empowers fellow attorneys worldwide to achieve their business objectives while maintaining the highest standards of legal representation for their clients.
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!
