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Shownotes can be found at https://www.profitwithlaw.com/504.

Freedom starts with exit planning.

Many law firm owners shy away from exit planning. Maybe you think your firm is too personal, too complex, or that retirement is decades away. The truth is, ignoring this now can quietly cost you hundreds of thousands—or even millions—of dollars in unrealized value.

In this episode, Moshe Amsel talks with financial planning expert Bill Harris about why exit planning isn’t about “selling out”—it’s about making smart business decisions today so your firm—and your future—thrive. You don’t have to give up control or change your vision to unlock real wealth and freedom.

⏰It’s time to double your take-home pay and cut hours in ½.

Long hours, inconsistent income, and no clear path out of it are not fun revenue rollercoasters for any solo attorney.

In a free, 30 minute call, we help law firm owners with a proven roadmap to escape that cycle and build predictable growth.

In that growth call, get:

🗺️ A custom 12-month growth roadmap for your firm

🔎Clarity on exactly what’s holding you back

📈 Step-by-step actions to create predictable, scalable growth

Book your free session before spots fill up (they go fast): https://profitwithlaw.com/strategysession

Chapters:

[00:00] Why most law firm owners ignore exit planning—and why that’s a mistake
[03:22] Moshe’s origin story: how generational wealth drives law firm success
[06:44] From widows to wealth: Bill Harris’s mission to prepare business owners
[08:29] The painful truth: why so many firms close instead of sell
[10:21] Unlocking true firm value: how to step away and boost margins
[13:51] Running your law firm “for sale”: creating lasting value every day
[16:16] Understanding the 4% rule and bridging your wealth gap
[20:20] What buyers really want: systems, repeatable revenue, and independence
[22:37] Facing the hard truths: benchmark, assess, and transform your law firm
[24:43] Advanced planning strategies: taxes, retirement, and unique opportunities for attorneys

Resources mentioned:

Book your FREE strategy session today!: profitwithlaw.com/strategysession

Take the Law Firm Growth Assessment and find out how you rate as a law firm owner!

Check out our Profit with Law YouTube channel!

Learn more about the Profit with Law Elite Coaching Program here

Connect with William Harris: Website | LinkedIn

Your Baby's Ugly: Maximize the Value of Your Business or You'll Have Nothing to Sell by Justin A. Goodbread

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Nuit de l’Oulipo 2/2 5/9 : Les décraqués : lipogramme en "o" sur la tirade de Rodrigue, par Jacques Bens