Tag Archive: Management

Why Airlines Keep Losing Your Baggage

Do you travel frequently? Do you check your baggage? If yes, then you are a likely target for the baggage gremlin! (more…)

How long must a lawyer keep client records?

Lawyers have two duties of care concerning client records.  (more…)

Management tips from McDonald’s

Jim Skinner, CEO of McDonald’s, was interviewed in Wall Street Journal and discussed his philosophy of management. Seems to me that his 5 tips apply to all businesses, even the lawyering business.
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People: The key to success

In a Business Week article, Campbell Soup CEO, Doug Conant, was featured. Among the tactics he discussed that has caused greater success for the company is his emphasis on the employees of the company. (more…)

You may have to change your business model in 2007

In today’s USAToday, Section B, there is an interesting review of three new books. If you believe the messages, you may have to change your business model. (more…)

Compensation for Partners

This time of year, when bonuses and compensation issues are at the forefront of discussion, causes much angst for many lawyers, especially newer partners who have not yet had a chance to develop a solid track record for themselves within the firm. (more…)

Plan now for 2007!

The Dynamics of Billing, Profits and Compensation.

Many law firm compensation models are designed for individual gains rather than long-term growth and sustainability. Yet if a firm wants to promote the kind of cooperative effort that increases billings and profitability, it must change to a more cooperative compensation model.

The popular dicta says that people do that which is rewarded. Thus, review your compensation system to see what you want to achieve and what you reward. Are they the same? This is a good time of year to be asking this question, before 2007 begins.

Work-Life Balance: Or Is It?

"A day-and-a-half ago," as my mother used to say when talking about age, I was president of the California Young Lawyers Association, then about 50,000 lawyers age 36 or younger. I remember my induction dinner. I was proud to have been elected; my work schedule prevented me from being with my family as often as I should have or wanted … thus, I took my then age 6 and 8 son and daughter with me to the dinner. This was a first for those in my circle of colleagues and friends and set the standard for many young lawyers thereafter.
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Are you ready for the labor shortfall?

The Wall Street Journal last Saturday wrote about what will happen to companies when their Baby Boomers retire. This discussion is consistent with our recent comments about law firms forcing partners to retire at an arbitrary age, usually at 65 years.
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Knowledge Management depends on Knowledge Sharing

Dennis Kennedy’s post today on this subject is brief, yet poignant, and the quotes he shares deserve deliberate thought. They echo my beliefs and previous commentary.