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

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

Listen Later

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: [email protected]
        • Website: cpnLEGAL
        • Linkedin: Peggy Gruenke
          • ...more
          View all episodesView all episodes
          Download on the App Store
          The Lawyer Millionaire® Podcast: Business & Financial Planning for Law Firm OwnersBy Darren Wurz, CFP
          • 5
          • 5
          • 5
          • 5
          • 5

          5

          23 ratings

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

          View all
          The Law Entrepreneur by My Legal Academy

          The Law Entrepreneur

          138 Listeners

          The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

          The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

          12,073 Listeners

          Maximum Lawyer by Tyson Mutrux

          Maximum Lawyer

          203 Listeners

          White Coat Investor Podcast by Dr. Jim Dahle of the White Coat Investor

          White Coat Investor Podcast

          2,445 Listeners

          Profit with Law: Profitable Law Firm Growth by Moshe Amsel

          Profit with Law: Profitable Law Firm Growth

          91 Listeners

          The Law Firm Owner Podcast by Melissa Shanahan

          The Law Firm Owner Podcast

          36 Listeners

          Grow Your Law Firm by Ken Hardison

          Grow Your Law Firm

          55 Listeners

          Wealthy Woman Lawyer Podcast, Helping you create a profitable, sustainable law firm you love by Davina Frederick

          Wealthy Woman Lawyer Podcast, Helping you create a profitable, sustainable law firm you love

          44 Listeners

          The Law Firm Blueprint by Jay Ruane & Seth Price

          The Law Firm Blueprint

          18 Listeners

          BigDeal by Codie Sanchez

          BigDeal

          789 Listeners

          The Renegade Lawyer Podcast by Ben Glass

          The Renegade Lawyer Podcast

          10 Listeners

          They Don't Teach This in Law School by Law Firm Alchemy LLC

          They Don't Teach This in Law School

          40 Listeners

          Smart Lawyers Position to Transition by Victoria Collier

          Smart Lawyers Position to Transition

          7 Listeners

          Life Beyond the Briefs by Brian Glass

          Life Beyond the Briefs

          40 Listeners

          Your Profitable Law Firm by Kelley Brubaker

          Your Profitable Law Firm

          4 Listeners