Life & Law: Anti-Hustle Lawyer Podcast for Success On Your Terms #219: Be A Wealthy Lawyer
Dec 16, 2025
Join Jeffrey Lamont, the savvy financial planner specializing in advising lawyers, as he reveals why high earners often struggle with wealth accumulation. He discusses the impact of lifestyle inflation, the importance of intentional saving, and common financial blind spots attorneys face. Jeffrey stresses the value of living modestly for long-term freedom and shares insights on planned financial transitions in retirement. Plus, he offers a simple yet effective action item for lawyers to take control of their finances this week.
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High Income ≠ Wealth
- Many high-earning lawyers feel financial stress despite large salaries because they lack time or desire to manage finances.
- They assume day-to-day comfort means long-term security, which can be false when legal income stops.
The Cost Of Keeping Up
- Lifestyle creep pushes lawyers to match peers' spending on houses, cars, and schools, quickly eroding savings.
- Social optics drive needless spending more than actual needs.
Give Every Dollar A Job
- Give every dollar a job to create structure: protection, growth, and a guilt-free spending fund.
- Use designated accounts so big purchases don't rely on debt.