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As the year winds down, the S&P 500 and the DOW Jones are both sitting near all-time highs. That and all of this AI talk brings up the same questions I hear from clients constantly. Are we in a bubble? When will it pop? What will cause it?
What should every Partner do when they lateral to a new law firm? We discuss how leaving your financial strategy largely unchanged when making a move can be costly. New compensation, new benefits, and new tax considerations can mean new opportunities.
Should I pay taxes now (Pre-Tax 401k) or later (Roth)? The real question is: if you're going to put $24,500 into your 401(k) either way, which structure puts more money in your pocket?
If you're a Big Law partner sitting on a large cash position because you're not sure exactly what you'll owe or when, you're not alone, and you're not being irrational. But you may be significantly underestimating the cost of that uncertainty.
This isn’t about avoiding tax-deferred accounts altogether, they serve a purpose. But if that’s the only strategy, you’re missing the bigger picture. The biggest question becomes, “How do I structure my assets so I’m not fully exposed to taxes, now OR in the future?”
A junk drawer isn’t a problem, until you actually need something from it. The same is true with your finances. When everything is siloed, it works… until it doesn’t. And by the time the inefficiencies show up in a meaningful way, they’ve often been compounding for years.
Most portfolios are built to just maximize growth, but almost no one is coordinating how you can access it. You need to keep in mind tax strategy, withdrawal sequencing, asset location, and timing of recognizing income.
Trump accounts are designed to function like a starter retirement account for children, with the goal of encouraging long-term investing from birth. The idea is intriguing, but the tax benefits are not as straightforward as many headlines suggest.
Should I convert some of my IRA or 401(k) to a Roth? With uncertainty around future tax rates and many investors holding significant balances in pre-tax retirement accounts, Roth conversions have become a popular strategy. But the reality is that the answer is rarely straightforward.
Going from a W2 to K1 Partner in Big Law impacts cash flow, tax planning, saving discipline, and lifestyle sustainability far more than most new partners expect.
If you've done the hard work, built the assets, planned carefully, and stayed disciplined, you deserve a retirement that feels abundant, not restrictive.
If you're only asking surface-level questions, you're probably leaving a lot on the table. The partners who get this right aren't necessarily smarter—they're just asking better questions.
Learn about key investment principles that will help you navigate the unpredictability of the financial markets.
Because their firms often represent publicly traded companies, Partners typically cannot buy or sell individual equities directly. But there are ways to structure equity ownership through a managed, compliant framework.
The absence of proper financial planning can create vulnerabilities that are deeper and darker than most attorneys ever imagine.
You think you've done all the right things by maxing out your company benefits or investing a big chunk of cash into the market at one time, but what if the way you're structuring those contributions is quietly costing you millions?
The ability to retire well is about more than just income, it’s about intention. For AM Law attorneys, the stakes are higher, but so is the opportunity.
If your 401(k), IRA, and brokerage account all hold the same blend of stocks and bonds, you're making a common—and costly—mistake.
Attorneys at AM100 law firms operate in a high-performance world: long hours, intense pressure, and high stakes. But behind the prestige and paychecks lies a truth that many partners and associates eventually face: your career’s earning potential doesn’t automatically translate to long-term financial security.
For equity partners at Am Law 100 firms, managing quarterly estimated tax payments is a regular part of life.. but did you know the benefits of paying these with credit cards? Yes, credit cards!
