48 episodes

Delivering business and financial insights for ambitious law firm owners so you can enjoy more time, more abundance, and less stress, even if you’re still growing your practice

The Lawyer Millionaire: Financial Planning for Law Firm Owners Darren Wurz

    • Business
    • 5.0 • 21 Ratings

Delivering business and financial insights for ambitious law firm owners so you can enjoy more time, more abundance, and less stress, even if you’re still growing your practice

    Minimizing Taxes and Maximizing Profits with Jayden Doye (Ep. 47)

    Minimizing Taxes and Maximizing Profits with Jayden Doye (Ep. 47)

    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.





    Resources:



    * Wurz Financial Services



    Connect with Darren Wurz:



    * dpw@wurzfinancialservices.com

    * 30 Minute Chat With Darren

    * Wurz Financial Services

    * The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz

    * LinkedIn: Darren P. Wurz

    * LinkedIn: The Lawyer Millionaire

    * Twitter: Wurz Financial Services



    Connect with Jayden Doye:



    * Twitter: Jayden Doye

    * Instagram: Jayden Doye

    * Tiktok: Jayden Doye

    * Website: Accounting Atlanta





    About our guest:

    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!

    • 30 min
    From Courtroom to CEO with Brian LaBovick (Ep. 46)

    From Courtroom to CEO with Brian LaBovick (Ep. 46)

    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.



     



    Resources:



    * Wurz Financial Services



    Connect with Darren Wurz:



    * dpw@wurzfinancialservices.com

    * 30 Minute Chat With Darren

    * Wurz Financial Services

    * The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz

    * LinkedIn: Darren P. Wurz

    * LinkedIn: The Lawyer Millionaire

    * Twitter: Wurz Financial Services



    Connect with Brian LaBovick:



    * Linkedin: Brian LaBovick

    * Instagram: Brian LaBovick

    * Website: Brian LaBovick





    About our guest:

    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.

    • 36 min
    How to conquer lawyer burnout with Karen McClure (Ep. 45)

    How to conquer lawyer burnout with Karen McClure (Ep. 45)

    Are you a law firm owner struggling with burnout?

    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.





    Resources:



    * Wurz Financial Services



    Connect with Darren Wurz:



    * dpw@wurzfinancialservices.com

    * 30 Minute Chat With Darren

    * Wurz Financial Services

    * The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz

    * LinkedIn: Darren P. Wurz

    * LinkedIn: The Lawyer Millionaire

    * Twitter: Wurz Financial Services



    Connect with Karen McClure:



    * Linkedin: Karen McClure

    * Website: Karen McClure



    About our guest:

    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.

    • 27 min
    Effective trial preparation strategies with Mike Alder (Ep. 44)

    Effective trial preparation strategies with Mike Alder (Ep. 44)

    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.



     



    Resources:



    * Wurz Financial Services



    Connect with Darren Wurz:



    * dpw@wurzfinancialservices.com

    * 30 Minute Chat With Darren

    * Wurz Financial Services

    * The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz

    * LinkedIn: Darren P. Wurz

    * LinkedIn: The Lawyer Millionaire

    * Twitter: Wurz Financial Services



    Connect with Mike Alder:



    * Email: cmalder@alderlaw.com

    * Linkedin: Michael Alder

    * Youtube: AlderTalk

    * Instagram: Mike Alder

    * Website: Michael Alder 



    About our guest:

    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” f...

    • 33 min
    How to plan towards Retirement and enjoy it fully with Denise Henry (Ep. 43)

    How to plan towards Retirement and enjoy it fully with Denise Henry (Ep. 43)

    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.





    Resources:



    * Wurz Financial Services



    Connect with Darren Wurz:



    * dpw@wurzfinancialservices.com

    * 30 Minute Chat With Darren

    * Wurz Financial Services

    * The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz

    * LinkedIn: Darren P. Wurz

    * LinkedIn: The Lawyer Millionaire

    * Twitter: Wurz Financial Services



    Connect with Denise Henry:



    * Email: denise@denisehenry.com

    * Linkedin: Denise Henry

    * Twitter: Denise Henry

    * Website: Denise Henry





    About our guest:

    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.

    • 30 min
    Mastering the Art of Effective Leadership and Delegation in Law Firms with Walt Hampton (Ep. 42)

    Mastering the Art of Effective Leadership and Delegation in Law Firms with Walt Hampton (Ep. 42)

    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.





    Resources:



    * Wurz Financial Services



    Connect with Darren Wurz:



    * dpw@wurzfinancialservices.com

    * 30 Minute Chat With Darren

    * Wurz Financial Services

    * The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz

    * LinkedIn: Darren P. Wurz

    * LinkedIn: The Lawyer Millionaire

    * Twitter: Wurz Financial Services



    Connect with Walt Hampton:



    * Email: walt@walthampton.com

    * Linkedin: Walt Hampton

    * Facebook: Walt Hampton

    * Instagram: Walt Hampton

    * Youtube: Walt Hampton

    * Website: Summit Success





    About our guest:

    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.

    • 34 min

Customer Reviews

5.0 out of 5
21 Ratings

21 Ratings

Navigating Transitions ,

Insightful

Thank you, Darren, for the platform to discuss the nuances of transitioning to retirement. Often, it's the absence of a non-financial plan that hinders a smooth transition, despite meticulous financial preparations. Let's encourage everyone to prioritize both aspects for a truly fulfilling retirement journey! 🌟🔑

rtsawyer3 ,

Highly Recommend

Darren has phenomenal insight on how to maximize take home pay and minimize tax burden. If you’re an attorney and serious about building generational wealth, give Darren a call.

DebFeder ,

Great conversation!

I was recently a guest on Darren’s show and he was an excellent host. Our conversation was engaging, with so many subjects covered, and in a way that is meaningful for the audience and actionable. Thanks for having me on!

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