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Five Mistakes That Keep Estate Planning Lawyers Broke

Posted On: September 8, 2021

By: Jennifer Goddard

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Written by: Jennifer Goddard

Jennifer Goddard is CEO and co-founder of IMS. She has been at the helm of the agency since its start-up in 1995. Jennifer specializes in helping estate planning and elder lawyers grow 7-figure firms with digital marketing. Jennifer has a bachelor's degree in journalism from the University of Missouri-Columbia and a master's degree in business administration from Michigan State University.
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You never meant to take a vow of poverty when you opened your estate planning or elder law practice ... but sometimes it just feels that way, right? The truth is that most lawyers in estate planning and elder law struggle to create personal wealth ... and the irony is that the very people who work every day to help other families preserve and protect generational wealth, seldom do the same for their own families!

Here are the top five mistakes we see lawyers make that prevent them from building personal and generational wealth.

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Disclaimer: Growing a small law firm to six or seven figures (or more) is not easy. The journey is both challenging and exhilarating. At every step you may be tempted to quit. Those who succeed are committed, coach-able and resourceful. If that’s you, let’s talk.