Financial Pathways for Attorneys Beyond Big Law

16min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Exploring alternative career options for attorneys, including smaller law firms with equity ownership, in-house corporate practice, and boutique solo practices. The chapter compares various legal specialties to medical specialties, highlighting high-paying areas like bankruptcy law and corporate specialties. It emphasizes the importance of understanding personal finance, seeking expert advice for estate planning, and navigating the financial aspects unique to the legal profession.

Today we are having our first ever full episode focused on lawyers. Our friend and lawyer, Chris Avery, joins Dr. Dahle to discuss education costs and processes for legal professionals, when and why what school you go to matters, what bimodal pay is and what it has to do with lawyers, what lawyers typically make, if there really is a difference with lawyer vs. doctor finance and so much more.

Tax season is now nearly over, and it's usually when most doctors with 1099 income worry about having overpaid the IRS due to complex tax laws. With this in mind, Alexis Gallati, founder of Cerebral Tax Advisors and Cerebral Wealth Academy, recently launched "The Doctor’s 4-Week Guide to Smart Tax Planning," an online course specifically designed for medical professionals with side gigs and locum tenens. This course offers video lessons, live Q&As, 1-on-1 sessions, worksheets, and templates. An important reminder: it will only be open for enrollment until April 30th. Use the new coupon code WCIAPRIL300 for a $300 discount. Visit https://www.cerebralwealthacademy.com today!

The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you!

Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter