Program Details
2026-03-25 13:00:00
Over 1,000+ webinars
Course Overview
2026-03-25 13:00:00
1.5h CLE Credits
Intermediate
1.5
1:00 pm - 1:05 pm ESTExplore why retirement planning is often delayed or avoided by law firm owners and the emotional identity tied to the firm. Understand how reframing retirement as creating options rather than committing to a fixed timeline can transform your planning approach.
Darren P. Wurz 1:05 pm - 1:10 pm ESTReview the core learning objectives and the retirement readiness triangle (personal, firm, and financial readiness). Understand how the five critical questions build sequentially to create a comprehensive retirement decision path.
1:10 pm - 1:25 pm ESTDetermine your sources of retirement income and what constitutes enough. Address personal readiness by identifying what replaces your 40-hour work week and explore the psychological readiness challenges attorneys face when stepping away.
1:25 pm - 1:40 pm ESTAnalyze tangible versus intangible value through the lens of the four C’s: human capital, structural capital, customer capital, and social capital. Learn why owner dependence creates a transferability problem and how to calculate enterprise value.
1:40 pm - 1:55 pm ESTExplore external buyer options (other attorneys and law firms) and internal options (partners and associates). Assess which succession path qualifies for your firm based on factors determining buyer interest and typical post-sale roles.
1:55 pm - 2:20 pm ESTExamine common deal structures including seller financing, earnouts, and installment arrangements. Explore creative tax strategies and learn asset versus equity sales considerations, plus risk management and post-sale liability protection strategies.
2:20 pm - 2:35 pm ESTShift your perspective to view retirement planning as an options strategy. Learn practical steps to reduce owner dependence, align personal and business finances, strengthen cash flow, and establish contingency protection for disability and death.
2:35 pm - 2:40 pm ESTSummarize key takeaways emphasizing that retirement planning is about protecting what you’ve built and maximizing optionality. Review 90-day action priorities and access resources including The Lawyer Millionaire publication and the retirement readiness scorecard.
Darren P. Wurz, MSFP, CFP®, CEPA®, is the Founder and CEO of Lawyer Millionaire Wealth Advisors, where he works exclusively with law firm owners on business planning, cash flow management, tax strategy, long-term personal financial planning, and investment management. A fiduciary and fee-only advisor, Darren specializes in the unique financial planning needs of attorneys and law firm owners across the country, drawing on his experience as a small business owner to better serve solo practitioners and small firms. He is the author of The Lawyer Millionaire®: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence, published by the American Bar Association, and the host of The Lawyer Millionaire® Podcast. Darren holds a Master of Science in Financial Planning from Golden Gate University and is both a Certified Financial Planner™ professional and a Certified Exit Planning Advisor®. His mission is to help attorneys achieve financial independence as they define it.
Darren P. Wurz, MSFP, CFP®, CEPA®, is the Founder and CEO of Lawyer Millionaire Wealth Advisors, where he works exclusively with law firm owners on business planning, cash flow management, tax strategy, long-term personal financial planning, and investment management. A fiduciary and fee-only advisor, Darren specializes in the unique financial planning needs of attorneys and law firm owners across the country, drawing on his experience as a small business owner to better serve solo practitioners and small firms. He is the author of The Lawyer Millionaire®: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence, published by the American Bar Association, and the host of The Lawyer Millionaire® Podcast. Darren holds a Master of Science in Financial Planning from Golden Gate University and is both a Certified Financial Planner™ professional and a Certified Exit Planning Advisor®. His mission is to help attorneys achieve financial independence as they define it.
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
