The Lawyer Millionaire® Podcast: Business & Financial Planning for Law Firm Owners
The Lawyer Millionaire® Podcast helps law firm owners grow their firms, build wealth, and achieve financial freedom. Hosted by Darren Wurz, you’ll learn practical business strategies, financial planning tips, and exit strategies designed exclusively for l
Listen to latest episode
Follow Our Podcast
Recent Episodes
Profit First Pt 2: The Mental Traps Sabotaging Law Firm Owners’ Cash Flow (Ep. 150)
On this episode of The Lawyer Millionaire Podcast, Darren Wurz tackles a topic law firm owners can’t afford to ignore: The hidden mental traps that silently sabotage your profits. Drawing from real-life business mistakes and the experience of advising multi-million dollar firms, Darren reveals how even thriving firms can struggle to generate real wealth. You’ll hear about the five most common psychological pitfalls and, more importantly, how to spot and sidestep them before they drain your cash flow. Darren discusses: Why increasing revenue doesn’t guarantee higher profits. The most common money mindsets that derail law firm owners. The biggest secret to success in business. How law firm owners can avoid the survival trap. The critical question you need to ask to address mental traps. The problem with easy money. Resources: Book: Profit First – Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz Connect with Darren Wurz: Want to work with our team? Schedule an Intro Call The Lawyer Millionaire Website LinkedIn: Darren P. Wurz Join The Lawyer Millionaire® Community Don’t Miss a Thing! Subscribe to The Lawyer Millionaire® Email List
Profit First Pt 1: The Growth Trap – Why Scaling Your Law Firm Is Killing Cash Flow (Ep. 149)
Are you chasing growth in your law firm but wondering if it’s actually making you poorer? On the latest episode of The Lawyer Millionaire Podcast, Darren Wurz breaks down “The Growth Trap” as he explores the hidden pitfalls of scaling and what every ambitious law firm owner needs to know to avoid financial stress. Darren discusses: Why bigger firms face bigger (and riskier) problems How rapid growth can hurt your profits The secret to finding your firm’s optimal size for wealth and stability Why 43% of law firms fail? Why revenue growth tends to come with increase in expenses and anxiety? Resources: Book: Profit First – Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz Connect with Darren Wurz: Want to work with our team? Schedule an Intro Call The Lawyer Millionaire Website LinkedIn: Darren P. Wurz Join The Lawyer Millionaire® Community Don’t Miss a Thing! Subscribe to The Lawyer Millionaire® Email List
Why Profitable Law Firms Still Feel Broke And How to Fix It (Ep. 148)
Ever looked at your firm’s bank account and wondered, “Where did it all go?” You’re not alone. Many successful law firm owners find themselves working hard, growing business, and bringing in impressive revenue yet they’re still anxiously watching cash flow or worrying about how to make payroll next month. If you’re tired of feeling like you should be richer (even when your numbers say otherwise), this episode of The Lawyer Millionaire Podcast is for you. On this episode, host Darren Wurz welcomes law firm cash flow expert Leah Miller for a refreshingly candid conversation about why so many profitable law firms still struggle with feeling broke. Together, they share stories from their own firms and clients, break down the Profit First system in practical terms, and reveal why it’s not enough to hope your bank balance will always be there when you need it. Leah discusses: The biggest cash flow mistakes law firm owners make. How the profit first system works. How to ditch the bank balance guessing game. Actionable strategies for setting owner compensation. Why paying yourself a regular salary even in lean quarters? The importance of determining baseline personal salary to build business planning. Resources: Book: Profit First – Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz Book: Buy Back Your Time: Get Unstuck, Reclaim Your Freedom, and Build Your Empire by Dan Martell Connect with Leah Miller: Email – leah@lnmfinancial.com Website – Firmly Profits LinkedIn – Leah (Reid) Miller Youtube – Firmly Profits Connect with Darren Wurz: Want to work with our team? Schedule an Intro Call The Lawyer Millionaire Website LinkedIn: Darren P. Wurz Join The Lawyer Millionaire® Community Don’t Miss a Thing! Subscribe to The Lawyer Millionaire® Email List
4 Books To Create Consistent, Sustainable Profit in Your Law Firm (Ep. 147)
On this episode, Darren Wurz flips the script on the traditional law firm success story. He argues that the biggest ethical failure isn’t overbilling but failing to run a profitable business. Why? Because profitability is the backbone of a law firm’s stability for you, your team, and your clients. Darren reveals the 4 books that the Lawyer Millionaire community will be reading together in 2026, essential reads designed to help you drive intentional, reliable profits in your law practice. Whether you’re tired of “expensive chaos” or just ready for a smarter, more sustainable way to build wealth, this episode will show you the roadmap—and invite you to a supportive community that’s doing it together. Darren discusses: Why he describes unprofitability as the ‘biggest ethical failure’ in most law firms? Why profit isn’t a dirty word and focusing on profit isn’t greedy? Four book recommendations and practical tools to install profit-first systems for good. Why involving your whole team can finally end the cycle of burnout and razor thin margins. How to make profitability a priority in your practice. The value of involving the whole team in the profitability mission. Resources: Book: Profit First – Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz Book: Simple Numbers 2.0 – Rules for Smart Scaling: A Play by Play Analysis for Pure Growth by Greg Crabtree Book: The Great Game of Business – The Only Way to Run a Company by Jack Stack Book: The Road Less Stupid by Keith J. Cunningham Connect with Darren Wurz: Want to work with our team? Schedule an Intro Call The Lawyer Millionaire Website LinkedIn: Darren P. Wurz Join The Lawyer Millionaire® Community Don’t Miss a Thing! Subscribe to The Lawyer Millionaire® Email List
How Entrepreneurial Law Firm Owners Think Differently About Exit & Succession (Ep. 146)
On this episode, Darren Wurz sits down with veteran law firm owner Thomas Tona of Tona Law Firm to talk about the mindset and systems that separate entrepreneurial lawyers from those who end up trapped by their own success. Thomas Tona shares why he’s always built his business with an exit in mind and why every law firm owner, no matter their plans, needs to think seriously about succession even while they’re in their prime. Their conversation covers not just the how-to’s of building a sellable firm, but also common myths, mindset shifts, and the real-life stories (both cautionary and inspiring) from the front lines. You’ll get hard-earned advice about scaling your team, investing wisely, and sidestepping the lifestyle traps that can keep you chained to your desk. Thomas discusses: The biggest myth about succession planning Why scaling your team and letting go of owner dependence is your ticket to freedom. How to avoid ‘golden handcuffs’ and creates a firm that supports your life, not one that consumes it. Fostering motivation and avoiding lawyer burnout Connect with Darren Wurz: Schedule a Call with Darren “Join our Next Masterclass Live” The Lawyer Millionaire Website LinkedIn: Darren P. Wurz Join The Lawyer Millionaire Founders Network and Book Club for Free “Get the Strategies Top Law Firm Owners Use to Build Real Wealth (Join the Lawyer Millionaire Insider List)” Connect with Thomas Tona: Linkedin: Thomas Tona Website: Tona Law About Thomas Tona: Thomas Tona is the Founder & CEO of Tonalaw. He has over 30 years of experience as a New York State trial attorney, with a career concentration in Plaintiff’s Personal Injury & No-Fault Collections. For the last 23 years, he has cemented his firm’s culture and reputation for excellence, with the consistent pursuit of the firm’s vision of “Fighting for Injured New Yorkers and the Healthcare Providers Who Treat Them”. In addition, he personally manages all of the high-stakes Personal Injury cases involving traumatic brain injuries, wrongful death, catastrophic injuries, falls, trucking accidents, and automobile accidents.
POWERED BY BLUBRRY
