LawBiz® Blog

LawBiz® Blog

Your Practical Guide to Profit ™.

Category Archives: Life After Law

Subscribe to Life After Law RSS Feed

Where does a golfer go to retire?

Posted in Life After Law
At some point, you will say, “What kind of life do I want to live?”  In a recent article in the Los Angeles Times (Thursday, August 14, 2014), a retired “workaholic” entrepreneur said “’You cannot not have a plan when you retire.’” He turned to retirement; though he didn’t plan it that way, he traded… Continue Reading

Selected retirement statistics

Posted in Life After Law
The Wall Street Journal, October 28, 2013, published some interesting statistics; To meet basic retirement needs, one needs to save 8 to 11 times salary by the age of 67; if your annual income is $100,000, you should have saved a minimum of $800,000 by the time of retirement. There are a number of “disconnects”… Continue Reading

What is your “end game” for your second season?

Posted in Life After Law
  To paraphrase Charlie Wilson, Texas Congressman, from the movie, Charlie Wilson’s War, "…we changed the world, but we had no end game…" in Afghanistan. Chaos and catastrophe resulted. This reminds me of so many lawyers who have no "end game." They do not see the end of their law practice until, one day, they awake… Continue Reading

Legacy = Goodwill

Posted in Buying & Selling a Practice, Life After Law
I have been getting more calls from lawyers wanting to retire, wanting to sell their law practices. As a result, I started writing a new book. I just finished Life After Law: What Will You Do With the Rest of Your Life?  It is being edited now and will be available for sale in October.… Continue Reading