How to build an efficient, effective and profitable law firm with Mike Chastaine (Ep. 36)

Are you a law firm owner languishing over unmet profit goals and overwhelmed with the business side of running your firm? Profits seem elusive, productivity is low, and happiness is just another dream. Today, we have something that could be a game-changer for your practice. On Episode 36 of The Lawyer Millionaire Podcast, host Darren Wurz sits down with experienced attorney, consultant, and author Mike Chastaine to discuss the secrets of transforming your law firm into a profitable business. Mike discusses the importance of having a financial plan, efficient bookkeeping systems and how to set rules for client and employee engagement. Mike discusses: How law firm owners can use the 80/20 rule to maximize their productivity. Embracing the “profit first system” as a key to lasting success. The importance of setting up effective intake systems and rules of engagement. Creating a hiring strategy that ensures every legal employee amplifies your law firm’s profit. The importance of financial readiness and why you need an emergency fund. Resources: Wurz Financial Services Connect with Darren Wurz: [email protected] 30 Minute Chat With Darren Wurz Financial Services The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz LinkedIn: Darren P. Wurz LinkedIn: The Lawyer Millionaire Twitter: Wurz Financial Services Connect with Mike Chastaine: Linkedin: Michael Chastaine Website: Michael Chastaine Book: LegalEase: The Ultimate Guide on How to Survive A Law Practice About our guest: Mike Chastaine is an award-winning attorney, speaker and author. His career spans many decades and covers a wide range of experiences, both in and out of the court room. As a successful entrepreneur, nationally recognized trial lawyer and endurance athlete, he has a unique perspective for success that puts him in a unique position to help others.   Nationally Recognized criminal defense attorney for over 37 years Founder of Chastaine Law – “Best Criminal Defense firm in Northern California in 2020 and 2021 by New World Reports Legal Excellence Award for Literary distinction, LEA award and author of five books Radio host of ‘Legal Ease’ Video blogger of 20 minutes with Mike Entrepreneurial Attorney of the Year finalist in 2017 and 2018 Extreme Adventure Racer National Ski Patroller Alumni Harmonica and bass player Husband, father and grandfather