This study delves into the intricate relationship between personal financial planning behavior and the financial well-being of legal practitioners. Through a multi-dimensional analysis employing multiple regression techniques, the research aims to elucidate the nuanced interplay of various components of financial planning behavior on the financial well-being of legal professionals. By exploring factors such as Money Management, Investment planning, Insurance, Tax planning and Estate planning this study seeks to offer comprehensive insights into effective financial management practices tailored to the unique challenges faced by legal practitioners. The findings of this research endeavour to inform policymakers, financial advisors, and legal professionals themselves about strategies to bolster financial resilience and prosperity within the legal profession.

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Unravelling the Nexus Between Personal Financial Planning Behavior and Financial Wellness Among Legal Practitioners: A Multi-dimensional Analysis

  • C. Umesh,
  • Diana Erudiyanathan,
  • J. Robert Edwin Chester,
  • R. B. Jovin,
  • S. C. Rukmini,
  • R. Mohan Kumar

摘要

This study delves into the intricate relationship between personal financial planning behavior and the financial well-being of legal practitioners. Through a multi-dimensional analysis employing multiple regression techniques, the research aims to elucidate the nuanced interplay of various components of financial planning behavior on the financial well-being of legal professionals. By exploring factors such as Money Management, Investment planning, Insurance, Tax planning and Estate planning this study seeks to offer comprehensive insights into effective financial management practices tailored to the unique challenges faced by legal practitioners. The findings of this research endeavour to inform policymakers, financial advisors, and legal professionals themselves about strategies to bolster financial resilience and prosperity within the legal profession.