Episode 70 - Retirement for Law Firm Owners Pt 2: Valuing Your Law Firm

How much is your law firm truly worth? What if you could amplify its value by two or three times without earning an extra cent in revenue? On the latest episode of The Lawyer Millionaire Podcast, host Darren Wurz delves deep into strategic retirement planning for law firm owners.
If you're a law firm owner on the brink of retirement-or simply eager to grow your firm’s value-this episode is a treasure trove of insights you won't want to miss.
Darren discusses:
• How to evaluate your law firm’s value.
• The importance of client relationships and intangible assets.
• The key difference between business owners and non-business owners when it comes to their financial assets.
• Key insights on closing your wealth gap.
• How to uncover hidden value in your law firm.
• Strategic insights into who might buy your practice and why it matters for your financial future.
Resources:
Book a Call with Darren: calendly.com/darrenwurz/intro
Wurz Financial Services: wurzfinancialservices.com/fin...
The Lawyer Millionaire: wurzfinancialservices.com/the...
Linkedin: / darren-p-wurz
Download Whitepaper - How Intangible Capitals Make or Break a Business: app.precisefp.com/w/2as9oc
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Schedule your free 30-minute introductory call today to:
• Plan to maximize your financial future
• Get answers to your specific questions
• Get personalized recommendations for your unique situation
www.wurzfinancialservices.com...
We work with successful attorneys and retiring couples who want more than just a statement every month. Our clients want a personal financial advisor who will help them get organized, simplify their complicated financial life, and manage their investments so they can lead the life they want and preserve a legacy for their kids, grandkids and the causes they care about. Our clients want a financial advisor who will be proactive and who will be there to help them make the right decision at every stage and in all different scenarios.
When we first sit down with you, we will take a deep dive into getting to know and understand you and the people and things that matter most to you. We'll talk about where you are now, and clarify where you want to be five years from now, ten years from now and beyond.
Then we will collaborate with you to create a comprehensive and organized financial strategy to make sure you are on track to your future goals. We will analyze your entire financial life and help you get a better sense of the entire picture. We will analyze your cash flow and help you find ways to reduce your taxes and improve efficiency. We will help you create and implement an investment strategy appropriate for you. And we will help you think through all the complex decisions you need to make like when to take Social Security and which pension benefit is best for you. We don't just tell you what to do. We work with you to come up with a plan that feels good to you.
Do you want to hear from us every month? No problem. Once a quarter? Sure! Once a year? That's fine too.
But we will be watching over and managing your portfolio full time. We manage portfolios on a discretionary basis. That means we do the work for you. Our commitment to you is:
• We will reach out proactively
• We will alert you when it's time to make a change
• We will tell you when we see an opportunity
• We will answer your calls and return your emails.
You need a financial advisor who you trust and who understands your unique needs and challenges. We have been the trusted guide for successful attorneys and retiring couples for over 30 years. And as fiduciaries and independent advisors, we will put your interests first.
Schedule your free 30-minute Social Security call below:
www.wurzfinancialservices.com...