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Lawyers and Money

Here is a myth: you’re good with money because you are a lawyer. Here is a reality: you’re probably not good with money because you are a lawyer. Before you say it, let me make the obvious disclaimers. First, I am not referring to all lawyers. I am merely talking about 99% of you. Second, I am not talking about trust account management (a completely different riddle). The majority of lawyers I encounter are severely lacking sufficient money management skills in both their business and personal lives. Looking back, I unnecessarily let myself wonder into the “you suck” at money management category for several years. However, I decided to reinvent my money skills. Here is the most important thing I learned: You can do better, a lot better.

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