The #1 Financial Blunder Killing Law Firms And How to Fix it Fast (Ep. 133)

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The Lawyer Millionaire® Podcast: Business & Financial Planning for Law Firm Owners

Darren Wurz, CFP

140 episodes

3 days ago

The Lawyer Millionaire Podcast is the go-to show for ambitious law firm owners who want to grow their practice, build personal wealth, and achieve true financial freedom. Hosted by financial planner and business strategist Darren Wurz, this podcast delivers actionable strategies to help you scale your firm, increase profitability, and design a future beyond billable hours.

Each week, you’ll discover:
• Practical law firm growth strategies to attract clients, improve efficiency, and scale sustainably
• Exclusive insights on financial planning for lawyers, including retirement, tax strategies, and exit planning
• Real stories from successful law firm owners who’ve built thriving practices and financial independence
• Tools to help you step out of the day-to-day grind and focus on becoming the CEO of your firm

Whether you’re a solo attorney ready to grow, a managing partner scaling a team, or a law firm owner planning your exit, this podcast gives you the roadmap to transform your practice into a wealth-building asset.

Subscribe to The Lawyer Millionaire today and learn how to grow your law firm, build wealth, and achieve the freedom you’ve always wanted.

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The #1 Financial Blunder Killing Law Firms And How to Fix it Fast (Ep. 133)

The Lawyer Millionaire® Podcast: Business & Financial Planning for Law Firm Owners

31 minutes 13 seconds

1 month ago

The #1 Financial Blunder Killing Law Firms And How to Fix it Fast (Ep. 133)

Running a law firm isn’t just about winning cases or delivering great legal advice. If you’re like most ambitious law firm owners, you went to law school not business school and now find yourself juggling the roles of attorney, CEO, bookkeeper, and more. And let’s be real: that’s overwhelming.
On this week’s episode of The Lawyer Millionaire Podcast, Darren Wurz sits down with the Co-founder of cpnLEGAL, Peggy Gruenke. She has helped 400+ law firms clean up their books, streamline trust accounting, and scale with confidence
Peggy discusses:

* The risk of managing law firm finances on paper rather than using dedicated financial software.
* Her surprising journey from IT consultant to law firm operations powerhouse.
* The most common blunders law firm owners make with their trust accounting, financial systems, and collections.
* Real world steps for making the shift from practicing lawyer to confident business owner ready to scale.
* How to identify the KPIs that actually matter.

Resources:

* Buy Back Your Time: Get Unstuck, Reclaim Your Freedom, and Build Your Empire by Dan Martell
* Come Up for Air by Nick Sonnenberg
* 10X is Easier Than 2x by Benjamin Hardy and Dan Sullivan
* Traction: Get a Grip on Your Business by Gino Wickman

Connect with Darren Wurz:

* Schedule a Call with Darren
* The Lawyer Millionaire Website

* The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz
* LinkedIn: Darren P. Wurz
* Join The Lawyer Millionaire Founders Network and Book Club for Free

Connect with Peggy Gruenke:

* Email: peggy@cpn-legal.com
* Website: cpnLEGAL
* Linkedin: Peggy Gruenke