Cut Hours,Cut Salaries and Increase Profits?

Increase your profitability while increasing work/life balance at your firm--that according to a study published in the ACC Docket.
Labels: work/life balance
A forum for discussing legal marketing and career issues facing associates and partners at law firms. The focus here is on law firm life; but this blog is also relevant to in-house counsel. I currently coach lawyers on how to achieve higher levels business development success and ultimately, greater career satisfaction. I have also been a legal recruiter (a/k/a legal headhunter)and spent many years in the CLE world. I particularly enjoy discussing the intersection of marketing and careers.

Labels: work/life balance
The Progam on Attorney Retention has teamed up with corporate counsel to look at the interconnection between increasing diversity and offering flexible schedules to women and minorities (as reported in the National Law Journal).Labels: diversity, work/life balance

Labels: flexible legal work, women in the law, work/life balance
Labels: law firm salaries, work/life balance
Labels: attorney career satisfaction, law firm news, work/life balance
The central career issue of our day is finding meaningful work which leaves time for our personal lives. Professionals who charge for their time know this firsthand. In the legal profession, where the pressure to bill more hours has never been greater, this is particularly true.
Following your interests is good career planning. But most of us have multiple interests. If you have the choice, choose work that is more predictable. In law, stay away from high stakes litigation where you will be subjected to unpredictable deadlines. Avoid becoming a high powered “deal lawyer” who works on large mergers and acquisitions, IPO’s or other highly time sensitive transactions. Stay away from entrepreneurial clients who want everything to happen yesterday. Instead, choose to focus on work that has more predictable deadlines. In corporate practice, that might mean securities compliance or bank lending. In real estate, that might mean leasing work. If you do choose to spend part of your time on “interesting” litigation matters, make sure you balance out your work with other matters that are less time sensitive (e.g. appellate work.)
2. Early in your career, be a “yes” person and do great work.
If you demonstrate early in your career that you are ready, willing and able to sacrifice nights and weekends for the sake of the firm, you will have a lot more leverage to say “no” when you are more senior. Your ability to say no later on will also increase if you earn the reputation for doing great work.
3. Build strong partner and client relationships.
Taking the time to build your relationships with partners and clients will also give you move leverage in the future. If you have good relationships, you will find it easier to ask a partner or a client if he or she really needs something by the following day.
4. Find a firm where the culture supports outside interests.
Believe it or not, firm cultures do vary. While work/life balance is hardest to achieve at large law firms, there are some small and mid-sized law firms that do high quality work but still manage to allow partners and associates to pursue personal interests. Of course you have to do a lot of homework to find these firms; but they do exist. Talk to associates and ask them what they do outside of work. Find out whether partners are at the office after 7 p.m. on a regular basis.
5. Learn some time management skills and learn to delegate.
I left this one for last because time management does not solve the underlying problem if you simply have too much work to do. On the other hand, managing your time and learning to delegate more effectively can help you to make better use of the limited time that you do have for work.
Labels: work life balance, work/life balance
Principle 1: You are either living YOUR life or someone else’s. Our society places beliefs on who we should become, how we should act, what we should buy and even how we should dress. Once we make up our mind that we are here to live our own life and not the life our parents, friends, teachers and acquaintances then we can live our own life based on the talents, gifts and passions we know to be.
Principle 2: The people that enter your life are the right people... the good and the bad. Those troublesome people are important reminders of wrong directions, ideas and philosophies. Those few exceptional people remind us they cared enough to be a part of our life. Either situation makes them precisely the right people.
Principle 3: Whatever happens…happens. Accepting this focuses attention and appreciation on the present moment, thereby excluding all of the might-have-beens, should-have-beens and what-ifs. "What is" is the only thing present at the moment. Appreciate that!
Principle 4: Whatever happens is the right time. This is an admonition to take things as they are and when they happen. This is living in the moment and a cardinal prerequisite of Living Your Dash.
Principle 5: When it’s over it’s over. This is basically the flip side of the preceding one. Everything has a beginning, middle and end. All three must be appreciated, most particularly the end when it comes.
The one law is a strange one. It is called The Law of Two Feet. Stated succinctly, if at anytime you find yourself in a situation where you are neither learning nor contributing, use your two feet. Go somewhere else. Do something useful. Live Your Dash. Stay in the moment and don’t get stuck in the moment.
Living in the moment means leaving behind a life of societal status quo, which by definition is the accepted way of doing things. The path of least resistance can be attractive. But by living in the moment you do precisely what you have been gifted to do…take action and therefore Live Your Dash.
Labels: attorney career satisfaction, attorney coaching, work/life balance
Findings which indicate that female attorneys are not opting out, but rather finding work outside of law firms, and in astonishingly high percentages at every stage (associate, partner, etc.) provide important documentation, and refutation for those claiming that women really are just "choosing" to be stay-at-home moms.OK, I admit it - at first I thought - this is not new news. We've been hearing it and saying it for quite a while. Women aren't progressing in their career paths and are earning significantly less than their male counterparts. "Opaque" discrimination now makes it harder to identify factors such as less desirable work assignments, inferior mentoring and tougher challenges with regard to business development. This doesn't seem so much a wake up call, as it does a signal from the "snooze alarm:" we've heard it before, and now it's blaring again. But we also know that change happens slowly, especially in large, powerful and at heart conservative organizations (like law firms). So I say bravo to those of you who continue to reset the alarm, letting it blast, rather than simply shutting it off.I do have a question for Lauren especially: you really are calling for in essence a revolution in the legal profession: an overhaul of how firms handle compensation, what kinds of professional practice and activities will get acknowledged in terms of the bottom line, and along with this, a necessary shift in the values which underlie these practices. What kind of response are you getting from your audiences, from firms, from individuals? Is anyone hearing and responding? Can you give us some hope here?I couldn't help but think, as I listened to the presentations yesterday, of comparisons with other professional fields. Physicians, for example (female and male alike) are standing by as more and more of their professional freedoms are slipping away. Health insurers are dictating reimbursement and even basic medical practice. It has occurred to me that many professionals are in the position that factory workers found themselves in in previous decades - only factory workers formed unions and were able to go on strike. They found ways to take back or establish power (ok, maybe I'm idealizing a bit). Can anything comparable be done in the current arena(s)?Since I am sharing my morning musings and subjecting you all to some stream of consciousness (except for those of you who may have had the wisdom to hit the "delete" button already :-) I'll take it one step further. I fantasized about a walk out of female attorneys, hopefully accompanied by their male supporters - perhaps only an hour or two in length, to protest current conditions and to express support for the ideas/strategies proposed at yesterday's briefing. Or an all day conference, a sort of pre-planned walkout, filled with workshops on getting better asssignments, business development, the work-life continuum (I agree with Lauren that "balance" is not a realistic term!), self-care, etc. - not held on the weekend, but pointedly during the workday.
Labels: flexible legal work, work life balance, work/life balance
Labels: attorney headhunting, legal job search, legal recruiting, trends in the legal profession, work/life balance
Labels: attorney career satisfaction, career success in the law, work/life balance
Labels: career success in the law, legal job search, women in the law, work/life balance
Labels: attorney career satisfaction, flexible legal work, legal careers, part time legal work, women in the law, work/life balance
Labels: work life balance, work/life balance
Labels: attorney career satisfaction, attorney headhunting, legal recruiting, work life balance, work/life balance
Labels: attorney career satisfaction, career success in the law, legal careers, work life balance, work/life balance
Labels: attorney career satisfaction, work life balance, work/life balance
Labels: work life balance, work/life balance
Labels: attorney career satisfaction, work life balance, work/life balance
Labels: flexible legal work, work life balance, work/life balance
Labels: attorney career satisfaction, work life balance, work/life balance
Labels: work life balance, work/life balance
Labels: attorney career satisfaction, attorney coaching, work life balance, work/life balance
Labels: flexible legal work, work life balance, work/life balance
Labels: work life balance, work/life balance
Labels: work life balance, work/life balance