The #1 Financial Blunder Killing Law Firms And How to Fix it Fast (Ep. 133)
Update: 2025-09-23
Description
Running a law firm isn’t just about winning cases or delivering great legal advice. If you’re like most ambitious law firm owners, you went to law school not business school and now find yourself juggling the roles of attorney, CEO, bookkeeper, and more. And let’s be real: that’s overwhelming.
On this week’s episode of The Lawyer Millionaire Podcast, Darren Wurz sits down with the Co-founder of cpnLEGAL, Peggy Gruenke. She has helped 400+ law firms clean up their books, streamline trust accounting, and scale with confidence
Peggy discusses:
- The risk of managing law firm finances on paper rather than using dedicated financial software.
- Her surprising journey from IT consultant to law firm operations powerhouse.
- The most common blunders law firm owners make with their trust accounting, financial systems, and collections.
- Real world steps for making the shift from practicing lawyer to confident business owner ready to scale.
- How to identify the KPIs that actually matter.
Resources:
- Buy Back Your Time: Get Unstuck, Reclaim Your Freedom, and Build Your Empire by Dan Martell
- Come Up for Air by Nick Sonnenberg
- 10X is Easier Than 2x by Benjamin Hardy and Dan Sullivan
- Traction: Get a Grip on Your Business by Gino Wickman
Connect with Darren Wurz:
- Schedule a Call with Darren
- The Lawyer Millionaire Website
- The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz
- LinkedIn: Darren P. Wurz
- Join The Lawyer Millionaire Founders Network and Book Club for Free
Connect with Peggy Gruenke:
- Email: peggy@cpn-legal.com
- Website: cpnLEGAL
- Linkedin: Peggy Gruenke
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