The Lawyer Millionaire: Business and Financial Planning for Law Firm Owners

The Lawyer Millionaire: Business and Financial Planning for Law Firm Owners


Succession Planning for Law Firm Owners Series, Part 1 (Ep. 20)

June 19, 2023

Why do law firm owners need a succession plan? What makes succession planning difficult? Can I really sell my law firm? How much is it worth? What does a succession plan look like? How is selling a law firm different from selling other businesses? 


In this episode, part 1 of a mini-series on Succession Planning for Law Firm Owners, Darren Wurz answers these questions and more! Over the next several episodes, Darren and his guests will highlight the importance of succession planning for law firm owners and provide solutions to common challenges that prevent you from planning for the next phase of your career.


Darren discusses:


  • Biggest barriers to succession planning
  • How to align succession planning with your personal life goals
  • Options for exiting your law firm (internal transition, apprenticeship, merger, and more)
  • Tips for a smooth transition of leadership and ownership
  • And more

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