Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money

Shaping a Mediation & Arbitration Career with Elaine Block

Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money with Matt Smith, Episode 08 In this episode of the Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money, Matt Smith speaks with Elaine Block, a Law Business Owner specialized in mediation and arbitration of civil lawsuits with 20 years of experience as a mediator and 32 years of experience as a lawyer. Elaine began her mediation career in 1991, having been an active litigator in both personal injury and commercial disputes since 1978. She became a full time mediator/arbitrator in 1996 and has mediated or arbitrated over 6,000 disputes. Her persistence, ability to grasp and analyze complex legal matters, and dedication to helping the parties formulate a deal have made her one of the most active mediators in the Houston area. Tune in to the episode to hear about: * Elaine’s love for law school and her giving back through a donation that named the Elaine Block Active Study Room (a study space with exercise equipment) * Career path: Baker Botts trial practice with strong mentoring; notes later challenges women faced as law became more business-driven * How Elaine transitioned fully to mediation * The current mediation practice, largely Zoom-based, with occasional in-person mediations using a pay-per-day center * Work-life reflections: Elaine believes prioritizing career over family was a mistake, describes adopting a newborn through an adoption consultant/agency process Learn more about Elaine Block: * Connect with Elaine on LinkedIn: https://www.linkedin.com/in/elaine-block-1888439/ [https://www.linkedin.com/in/elaine-block-1888439/] * Visit Elaine’s website: https://elaineblock.com/ [https://elaineblock.com/] * Email Elaine: eb@elaineblock.com [eb@elaineblock.com] *********************************** About “Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money”: You bill in 6-minute increments. Let’s get you some of that time back. “Sidebar with a CFP®” is your space for candid conversations about life inside BigLaw—the real stuff they don’t teach in law school or show in recruiter brochures. Hosted by Matt Smith, CFP® and founder of Concert Financial Planning, this show pulls back the curtain on what it actually feels like to climb the ranks, navigate transitions, and make big decisions in a high-stakes career. You’ll hear from Partners, Associates, and experts across law and finance—each sharing stories, surprises, and strategies for building a life (and career) that works for you. This isn’t a money podcast. It’s a life-in-BigLaw podcast—with a CFP® in the host chair. Watch or listen to more episodes of Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money: * YouTube: https://www.youtube.com/@concertfinplan [https://www.youtube.com/@concertfinplan] * Apple: https://podcasts.apple.com/us/podcast/sidebar-with-a-cfp-pierce-the-veil-on-biglaw/id1847658694 [https://podcasts.apple.com/us/podcast/sidebar-with-a-cfp-pierce-the-veil-on-biglaw/id1847658694] * Amazon: https://music.amazon.com/podcasts/f6d90e4a-7817-4390-b944-091fac616a7c [https://music.amazon.com/podcasts/f6d90e4a-7817-4390-b944-091fac616a7c] * Spotify: https://open.spotify.com/show/2au3zmrNf0hb3BNgZid8aX [https://open.spotify.com/show/2au3zmrNf0hb3BNgZid8aX ] https://open.spotify.com/show/2au3zmrNf0hb3BNgZid8aX * iHeart Radio: https://www.iheart.com/podcast/269-sidebar-with-a-cfpr-pierce-298226554 [https://www.iheart.com/podcast/269-sidebar-with-a-cfpr-pierce-298226554] Connect and learn more from your host, Matt Smith and Concert Financial Planning: * Connect with Matt on LinkedIn: https://www.linkedin.com/in/matthewcharlessmith [https://www.linkedin.com/in/matthewcharlessmith] * Follow Concert Financial Planning on LinkedIn: https://www.linkedin.com/company/concertfinplan [https://www.linkedin.com/company/concertfinplan] * Follow Concert Financial Planning on Facebook: https://www.facebook.com/ConcertFinPlan [https://www.facebook.com/ConcertFinPlan] * Follow Concert Financial Planning on Instagram: https://www.instagram.com/concertfinplan [https://www.instagram.com/concertfinplan]

Tax Planning for Big Law Attorneys During Tax Season with Brian Leben

Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money with Matt Smith, Episode 7 In this episode of the Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money, Matt Smith speaks with tax advisor Brian Leben, partner of Lulloff, Leben & Taylor, LLC, a tax advisory firm. Tune in to the episode to hear about: * Tax planning considerations for big law attorneys during tax season * Avoiding steep underpayment penalties * Common gaps among high earners, including not maximizing pre-tax 401(k) and HSA contributions * Backdoor and “mega” backdoor Roth strategies, allowing after-tax contributions and in-service rollovers * A caution to popular social-media tax strategies (heavy vehicle deductions, conservation easements, intangible drilling costs, and the Augusta rule) are often inapplicable, complex, or not worth the hassle * Practical opportunities including properly applying composite/PTE state tax payments Learn more about Brian Leben: * Connect with Brian on LinkedIn: https://www.linkedin.com/in/brian-leben-mba-cpa-pmp-pfs-cfp-r-7b29045 * Visit Lulloff, Leben & Taylor, LLC’s website: https://www.lltcpas.com * Email Brian: bleben@lltcpas.com *********************************** About “Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money”: You bill in 6-minute increments. Let’s get you some of that time back. “Sidebar with a CFP®” is your space for candid conversations about life inside BigLaw—the real stuff they don’t teach in law school or show in recruiter brochures. Hosted by Matt Smith, CFP® and founder of Concert Financial Planning, this show pulls back the curtain on what it actually feels like to climb the ranks, navigate transitions, and make big decisions in a high-stakes career. You’ll hear from Partners, Associates, and experts across law and finance—each sharing stories, surprises, and strategies for building a life (and career) that works for you. This isn’t a money podcast. It’s a life-in-BigLaw podcast—with a CFP® in the host chair. Watch or listen to more episodes of Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money: * YouTube: https://www.youtube.com/@concertfinplan * Apple: https://podcasts.apple.com/us/podcast/sidebar-with-a-cfp-pierce-the-veil-on-biglaw/id1847658694 * Amazon: https://music.amazon.com/podcasts/f6d90e4a-7817-4390-b944-091fac616a7c * Spotify: https://open.spotify.com/show/2au3zmrNf0hb3BNgZid8aX * iHeart Radio: https://www.iheart.com/podcast/269-sidebar-with-a-cfpr-pierce-298226554 Connect and learn more from your host, Matt Smith and Concert Financial Planning: * Connect with Matt on LinkedIn: https://www.linkedin.com/in/matthewcharlessmith * Follow Concert Financial Planning on LinkedIn: https://www.linkedin.com/company/concertfinplan * Follow Concert Financial Planning on Facebook: https://www.facebook.com/ConcertFinPlan * Follow Concert Financial Planning on Instagram: https://www.instagram.com/concertfinplan

Building Wealth Through Real Estate Investment with Luke Sanders

Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money with Matt Smith, Episode 6 In this episode of the Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money, Matt Smith, speaks with Luke Sanders, owner of River City Screen Printing and Embroidery in San Marcos, Texas, which was founded by his parents in 1978 and grown to 85+ employees across multiple buildings. Tune in to the episode to hear about: * How Luke first built wealth through acquiring and expanding commercial real estate for his operating business, including buying adjacent buildings and leasing one to a pawn shop tenant * Entering short-term rentals in 2019, including a large river house in New Braunfels/Green and multiple Fredericksburg properties * How COVID initially created cancellation risk but later produced a major demand surge (e.g., $80,000 revenue in one month) followed by market oversaturation * Regulatory and licensing uncertainty (city council efforts to restrict or sunset short-term rental permits) * Commercial loan structures with five-year rate resets that can turn cash flow negative * Reliance on local market knowledge and specialized realtors * Frequent maintenance/replacement costs from guest wear-and-tear * Using property management companies (typically 20–30% of revenue) to avoid 24/7 operational issues * Rising insurance costs (e.g., from $3,000 to $15,000 annually) * FEMA floodway rezoning that can eliminate short-term rental use * Why short-term rentals are risky for anyone depending on slim monthly margins * Why Luke’s best, least stressful results have been in commercial buildings with stable tenants Learn more about Luke Sanders: * Connect with Luke Sanders on LinkedIn: https://www.linkedin.com/in/luke-sanders-b2b4711a [https://www.linkedin.com/in/luke-sanders-b2b4711a] * Visit RiverCity Screenprinting & Embroidery’s website: https://welogoit.com [https://welogoit.com] * Follow RiverCity Screenprinting & Embroidery on Facebook: https://www.facebook.com/RivercityScreenprinting [https://www.facebook.com/RivercityScreenprinting] * Follow RiverCity Screenprinting & Embroidery on Instagram: https://www.instagram.com/rivercityscreenprinting [https://www.instagram.com/rivercityscreenprinting] *********************************** About “Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money”: You bill in 6-minute increments. Let’s get you some of that time back. “Sidebar with a CFP®” is your space for candid conversations about life inside BigLaw—the real stuff they don’t teach in law school or show in recruiter brochures. Hosted by Matt Smith, CFP® and founder of Concert Financial Planning, this show pulls back the curtain on what it actually feels like to climb the ranks, navigate transitions, and make big decisions in a high-stakes career. You’ll hear from Partners, Associates, and experts across law and finance—each sharing stories, surprises, and strategies for building a life (and career) that works for you. This isn’t a money podcast. It’s a life-in-BigLaw podcast—with a CFP® in the host chair. Watch or listen to more episodes of Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money: * YouTube: https://www.youtube.com/@concertfinplan [https://www.youtube.com/@concertfinplan] * Apple: https://podcasts.apple.com/us/podcast/sidebar-with-a-cfp-pierce-the-veil-on-biglaw/id1847658694 [https://podcasts.apple.com/us/podcast/sidebar-with-a-cfp-pierce-the-veil-on-biglaw/id1847658694] * Amazon: https://music.amazon.com/podcasts/f6d90e4a-7817-4390-b944-091fac616a7c [https://music.amazon.com/podcasts/f6d90e4a-7817-4390-b944-091fac616a7c] * Spotify: https://open.spotify.com/show/2au3zmrNf0hb3BNgZid8aX [https://open.spotify.com/show/2au3zmrNf0hb3BNgZid8aX] * iHeart Radio: https://www.iheart.com/podcast/269-sidebar-with-a-cfpr-pierce-298226554 [https://www.iheart.com/podcast/269-sidebar-with-a-cfpr-pierce-298226554] Connect and learn more from your host, Matt Smith and Concert Financial Planning: * Connect with Matt on LinkedIn: https://www.linkedin.com/in/matthewcharlessmith [https://www.linkedin.com/in/matthewcharlessmith] * Follow Concert Financial Planning on LinkedIn: https://www.linkedin.com/company/concertfinplan [https://www.linkedin.com/company/concertfinplan] * Follow Concert Financial Planning on Facebook: https://www.facebook.com/ConcertFinPlan [https://www.facebook.com/ConcertFinPlan] * Follow Concert Financial Planning on Instagram: https://www.instagram.com/concertfinplan [https://www.instagram.com/concertfinplan]

The Financial Realities of Becoming an Equity Partner

Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money with Matt Smith, Episode 5 In this episode of the Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money, Matt Smith speaks about the challenges and changes associated with transitioning from associate to equity partner with an aim to prepare attorneys for the financial realities that come with that career transition. Tune in to hear about: * Equity buy-in * Changes in compensation structure * Mandatory retirement savings * Increased benefit costs * Complex taxation requirements * Enhanced lending opportunities * The importance of advance planning * Understanding financial responsibilities * The necessity of working with specialized tax advisors *********************************** About “Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money”: You bill in 6-minute increments. Let’s get you some of that time back. “Sidebar with a CFP®” is your space for candid conversations about life inside BigLaw—the real stuff they don’t teach in law school or show in recruiter brochures. Hosted by Matt Smith, CFP® and founder of Concert Financial Planning, this show pulls back the curtain on what it actually feels like to climb the ranks, navigate transitions, and make big decisions in a high-stakes career. You’ll hear from Partners, Associates, and experts across law and finance—each sharing stories, surprises, and strategies for building a life (and career) that works for you. This isn’t a money podcast. It’s a life-in-BigLaw podcast—with a CFP® in the host chair. Watch or listen to more episodes of Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money: * YouTube: https://www.youtube.com/@concertfinplan [https://www.youtube.com/@concertfinplan] * Apple: https://podcasts.apple.com/us/podcast/sidebar-with-a-cfp-pierce-the-veil-on-biglaw/id1847658694 [https://podcasts.apple.com/us/podcast/sidebar-with-a-cfp-pierce-the-veil-on-biglaw/id1847658694] * Amazon: https://music.amazon.com/podcasts/f6d90e4a-7817-4390-b944-091fac616a7c [https://music.amazon.com/podcasts/f6d90e4a-7817-4390-b944-091fac616a7c] * Spotify: https://open.spotify.com/show/2au3zmrNf0hb3BNgZid8aX [https://open.spotify.com/show/2au3zmrNf0hb3BNgZid8aX] * iHeart Radio: https://www.iheart.com/podcast/269-sidebar-with-a-cfpr-pierce-298226554 [https://www.iheart.com/podcast/269-sidebar-with-a-cfpr-pierce-298226554] Connect and learn more from your host, Matt Smith and Concert Financial Planning: * Connect with Matt on LinkedIn: https://www.linkedin.com/in/matthewcharlessmith [https://www.linkedin.com/in/matthewcharlessmith] * Follow Concert Financial Planning on LinkedIn: https://www.linkedin.com/company/concertfinplan [https://www.linkedin.com/company/concertfinplan] * Follow Concert Financial Planning on Facebook: https://www.facebook.com/ConcertFinPlan [https://www.facebook.com/ConcertFinPlan] * Follow Concert Financial Planning on Instagram: https://www.instagram.com/concertfinplan [https://www.instagram.com/concertfinplan]

How To Avoid Probate Court with Amanda Pierson

Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money with Matt Smith, Episode 4 In this episode of the Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money, Matt Smith speaks with Amanda Pierson, owner & attorney at Heights Law Group, a full service Estate Planning and Probate law firm. Tune in to the episode to hear about: * Common estate planning mistakes that can leave your loved ones facing years of court involvement and unexpected costs * The importance of young families protecting their children’s inheritance and how to do it * The real difference between a will and a trust, and how each impacts the probate process * Why beneficiary designations on your accounts sometimes override your carefully crafted will * Digital and practical tools that can make estate planning easier for modern families—and what pitfalls you should watch out for Learn more about Amanda Pierson: * Visit Heights Law Group’s website: https://heightslawgroup.com [https://heightslawgroup.com] * Connect with Amanda on LInkedIn: https://www.linkedin.com/in/amanda-pierson-29671b7 [https://www.linkedin.com/in/amanda-pierson-29671b7] * Call Amanda: (832) 810-3373 * Email Amanda: amanda@heightslawgroup.com [amanda@heightslawgroup.com] *********************************** About “Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money”: You bill in 6-minute increments. Let’s get you some of that time back. “Sidebar with a CFP®” is your space for candid conversations about life inside BigLaw—the real stuff they don’t teach in law school or show in recruiter brochures. Hosted by Matt Smith, CFP® and founder of Concert Financial Planning, this show pulls back the curtain on what it actually feels like to climb the ranks, navigate transitions, and make big decisions in a high-stakes career. You’ll hear from Partners, Associates, and experts across law and finance—each sharing stories, surprises, and strategies for building a life (and career) that works for you. This isn’t a money podcast. It’s a life-in-BigLaw podcast—with a CFP® in the host chair. Watch or listen to more episodes of Sidebar with a CFP®: Pierce the Veil on BigLaw Life, Career, and Money: * YouTube: https://www.youtube.com/@concertfinplan [https://www.youtube.com/@concertfinplan] * Apple: https://podcasts.apple.com/us/podcast/sidebar-with-a-cfp-pierce-the-veil-on-biglaw/id1847658694 [https://podcasts.apple.com/us/podcast/sidebar-with-a-cfp-pierce-the-veil-on-biglaw/id1847658694] * Amazon: https://music.amazon.com/podcasts/f6d90e4a-7817-4390-b944-091fac616a7c [https://music.amazon.com/podcasts/f6d90e4a-7817-4390-b944-091fac616a7c] * Spotify: https://open.spotify.com/show/2au3zmrNf0hb3BNgZid8aX [https://open.spotify.com/show/2au3zmrNf0hb3BNgZid8aX] * iHeart Radio: https://www.iheart.com/podcast/269-sidebar-with-a-cfpr-pierce-298226554 [https://www.iheart.com/podcast/269-sidebar-with-a-cfpr-pierce-298226554] Connect and learn more from your host, Matt Smith and Concert Financial Planning: * Connect with Matt on LinkedIn: https://www.linkedin.com/in/matthewcharlessmith [https://www.linkedin.com/in/matthewcharlessmith] * Follow Concert Financial Planning on LinkedIn: https://www.linkedin.com/company/concertfinplan [https://www.linkedin.com/company/concertfinplan] * Follow Concert Financial Planning on Facebook: https://www.facebook.com/ConcertFinPlan [https://www.facebook.com/ConcertFinPlan] * Follow Concert Financial Planning on Instagram: https://www.instagram.com/concertfinplan [https://www.instagram.com/concertfinplan]