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

Cash Flow for Law Firm Owners Part 2: The #1 Fix for Lumpy Revenue (Ep. 135)


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Are you tired of riding the cash flow rollercoaster in your law firm? Maybe you hold your breath between case settlements, wonder where the money really goes, or feel that familiar stress when your income dips unexpectedly. If so, you aren’t alone and you definitely don’t have to figure this out on your own.

On this week’s episode of The Lawyer Millionaire Podcast, hosts Darren Wurz and special guest Charley Mann pull back the curtain on one of the biggest game-changers for law firm owners: paying yourself a consistent salary. If cash flow chaos has left you anxious at work and home, this episode offers a fresh, practical way forward.

 

Charley discusses:

  • Why predictable personal income leads to better decisions for your firm and family.
  • Actionable strategies for stabilizing your finances.
  • How financial uncertainty affects leadership and decision-making in law firms.
  • The danger of making 5-figure mistakes.
  • How to identify your money mindset and how it impacts your financial success.
  • The qualities to look for in a financial advisor.
  •  

    Resources:

    • Paying Yourself as a Law Firm Owner: A Practical Guide by Darren Wurz
    • A Random Walk Down Wall Street: The Best Investment Guide That Money Can Buy by Burton G. Malkiel
    • Simple Numbers, Straight Talk, Big Profits by Greg Crabtree
    • American Gods: A Novel by Neil Gaiman
    • Unreasonable Hospitality by Will Guidara
    • Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz
    •  

      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 Charley Mann:

        • Website: Law Firm Alchemy
        • Website: Red Kraken Creative
        • Linkedin: Charley Mann
        • Podcast: They Don’t Teach This in Law School
        • Book: They Don’t Teach This in Law School by Charley Mann with Bryan Austin
        •  

          About Charley Mann:

          Charley Mann is the host of “They Don’t Teach This in Law School” and founder of Law Firm Alchemy, a company dedicated to providing resources and coaching for law firm growth. With over 15 years of experience in the legal industry, Charley guides law firm owners in optimizing their practices and achieving success. He emphasizes the importance of networking, providing value, and maintaining strong client relationships, focusing on both business operations and personal growth. Known for his approachable demeanor and deep industry knowledge, Charley values integrity, transparency, and genuine connections

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          The Lawyer Millionaire® Podcast: Business & Financial Planning for Law Firm OwnersBy Darren Wurz, CFP

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