Welcome to May’s edition of LawBizTips Electronic Magazine
If you haven’t signed up yet for our LawBiz Tips monthly e-zine, do so now and receive the May edition.
This is the line-up for May:
A.Personal Thoughts
1.Calendar
2.Pre-publication offer
3.Podcast, our latest adventure
B.Articles
1.Do your bills convey cost – or value?
2.What doth it profit a lawyer … ?
3.When money’s the game, do you know your score?
Kevin O’Keefe suggests that blogs and RSS feeds are still much more important than podcasts.
But, check out our podcasts. We’d welcome your comments … and your subscription to our web zine.
Patrick J. Lamb, Managing Partner of Butler Rubin Saltarelli & Boyd LLP, a Chicago litigation firm, was interviewed by Ed Poll of LawBiz Management in 2005 about “value added billing.” The principles espoused by Patrick then are still applicable and fresh today.
24 minutes, 51 seconds
5.8 MB
Patrick J. Lamb quotes the leader of Xerox from a recent interview on NPR:
It (their new-found success) wasn’t really the brilliance of the strategy. It was the discipline of the execution that turned this company around. So I think credit where credit’s due would say it would go to the people of Xerox in terms of their combined set of actions that allowed us to execute with a great deal of discipline.
This reminds of Good to Great, the book written by Jim Collins wherein he describes today’s great corporations. The common theme among all of them was a persistence to recognize and stay with their core competencies, their values of why they were in business.
As Pat Lamb suggests, though this seems like Business Success 101, these are rare qualities.
Phyllis Weiss Haserot, a well-known marketing consultant, wrote in the March 2006 edition of “The Lawyers Competitive Edge,” as follows:
“Coaching is the cornerstone of professional development which provides the ultimate benefit. It is personalized teaching that expands awareness, brings clarity, develops new habits that achieve growth, and fosters self-motivation. Studies show that coaching after training increases the value (return on investment) by four times(!), integrating and sustaining newly learned skills. Good ongoing coaching is missing in most firms and needs to be ‘the next big thing.'”
A Tennessee committee voted recently to advance a bill to the full state Senate that would allow motorcyclists older than 21 to ride without a helmet. At present, Tennessee is one of 20 states that have motorcycle helmet laws in place. Some interesting statistics have come from this debate: (more…)
I’ll be conducting a full day seminar for the South Carolina Bar on May 19th (9 a.m. to 5 p.m.).
If you’re in Columbia, South Carolina then, come by and join us.
Scott Rockfeld, Group Product Manager, Microsoft, discusses their new product for note taking and better organization. (more…)
Today’s Wall Street Journal (Moving On, Part D) discusses the differences among women in the workplace. One generation of women has difficulty understanding, mentoring and even working with women of other generations. (more…)
In a recent Diversity Conference of 19 major law firms which I organized, one of the primary conclusions was that the entire firm must be involved to be successful. In other words, top management must be involved in the firm’s diversity efforts; they cannot delegate the responsibility to associates or attorneys of color. They, too, must be involved.
This also was the conclusion, though stated differently, of Derede McAlpin in an article in the National Law Journal. (more…)