Turn Your Law Firm Into Your Greatest Asset with William Harris
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.
🔹 You’ll learn how to:
- Run your firm “for sale” without ever losing control—creating lasting value every day.
- Identify hidden profit opportunities so your firm works harder for you.
- Build systems, recurring revenue, and a team that increases both independence and enterprise value.
- Understand the 4% rule and close the gap to a secure retirement—without stressing over numbers.
- Diversify your wealth beyond your firm, so your life and business are both protected.
Your law firm can be your most powerful asset—but only if you plan ahead. Even if you’re not ready to sell, thinking like a buyer today means more freedom, more options, and more security tomorrow. Listen now to start planning your firm’s future with confidence.
Episode Highlights
[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
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
⏰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
About William Harris
Even when markets are volatile, there is one person you can count on for staying the course: Bill Harris. As a CERTIFIED FINANCIAL PLANNER™ Practitioner, a Retirement Management Advisor®, a Certified Exit Planning Advisor and an Ed Slott Elite IRA Advisor and past President of the Financial Planning Association (FPA of Massachusetts). With his knowledge and expertise, Bill optimizes our client’s financial resources to help them achieve their dreams in both calm and storm times. How? Bill’s experience in the financial sector began over 30 years ago. In his former roles, Bill worked for State Street Global Advisors and in the custodial field for State Street Bank with numerous mutual fund companies, fund managers and investment advisors as an account manager in domestic and international operations.
Connect with William Harris on his Website. You can also follow him on LinkedIn.
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Author
Moshe Amsel
Author
Moshe Amsel the host of the Profit with Law podcast is not an attorney. As the owner of a successful accounting firm DreamBuilder Financial and Law Firm Growth coaching organization Profit with Law, Moshe has proven that there are better and different ways for a law firm to do business and be successful.
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