On this episode of The Lawyer Millionaire Podcast, I had the pleasure of diving deep into the world of law firm scaling with Jon Groth, owner of Groth Law Firm. This episode offers invaluable insights into leveraging the Entrepreneurial Operating System (EOS) to streamline operations, delegate effectively, and drive growth in your legal practice. Jon Groth's Approach to Law … [Read more...]
5 Reasons Law Firm Owners Don’t Hire Us: And Why It’s Costing You (Ep. 86)
5 Reasons Law Firm Owners Don’t Hire Us: And Why It’s Costing You (Ep. 86)
Are you a law firm owner putting off financial planning because you're too busy or already have an advisor? You're not alone. Many successful attorneys delay this critical step, and it's costing them big time. In this post, we'll dive into the top five reasons law firm owners hesitate to hire a financial planner and why these excuses are draining their potential for growth and wealth. We'll also … [Read more...]
Why Law Firm Owners Deserve Better: My Journey to Creating a Financial Model That Works (Ep. 85)
Why Law Firm Owners Deserve Better: My Journey to Creating a Financial Model That Works (Ep. 85)
As law firm owners, you are fundamental pillars of the American justice system, diligently contributing to our economy with your entrepreneurial zeal. Yet, a glaring oversight persists in the financial planning industry—your unique financial needs are frequently ignored. In this post, I discuss why law firm owners require a specialized financial framework that brings genuine, measurable value to … [Read more...]
Politics vs. Profits: Why Your Portfolio Should Ignore the Headlines (Ep. 84)
Politics vs. Profits: Why Your Portfolio Should Ignore the Headlines (Ep. 84)
In today's ever-changing political landscape, law firm owners often wonder if they should adjust their investments based on who wins an election. It's a common concern, but one that could cost you dearly in the long run. The Real Cost of Politically-Driven Investing If you've been moving your money in and out of the market based on who's sitting in the White House, you've been making one … [Read more...]
Why the Billable Hour is Dead: Unlock Explosive Growth with a Subscription Model (Ep. 83)
Why the Billable Hour is Dead: Unlock Explosive Growth with a Subscription Model (Ep. 83)
Key takeaways: Are you a law firm owner seeking to unlock explosive growth and financial stability? The traditional billable hour model might be holding you back, limiting not only your revenue but also your client satisfaction and retention. On this episode, we're thrilled to host Matthew Kerbis, a seasoned attorney who has successfully adopted a subscription-based model for his practice. … [Read more...]
Grow Your Firm Pt 5: Developing Your Business Plan (Ep. 82)
Grow Your Firm Pt 5: Developing Your Business Plan (Ep. 82)
On this episode, host Darren Wurz completes our five-part series on growing your law firm by focusing on a pivotal aspect: developing a robust business plan. A well-structured business plan can significantly increase your firm’s profitability and provide a clear roadmap to sustained growth. The Importance of Core Values Establishing unique and action-oriented core values is fundamental for … [Read more...]
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