Pain and Priorities
Pain and Priorities
Apr 14 2011, 04:38 PM
Joined: 17-July 09
Member No.: 125
This week I am at the ABA TECHSHOW® in Chicago, learning about and using the latest and greatest technology aids for lawyers.
(800) 837-5880 Order Phone
(310) 827-5415 Office Phone
Pain and Priorities
In recent weeks, I've been receiving a larger number of calls from lawyers around the country. They're in more pain than usual, pain about tight cash flow, about too few matters and clients to keep them occupied, about the stress of running their own practice. In fact, one lawyer called me because he understands that lawyers are running a business, not just a "practice." And the operation needs help from someone who can look at the business as a whole unit. In fact, he said that his stress was caused by the chaos inherent in being both the front office and the back office at the same time. He needs help setting his priorities.
Setting Business Priorities
Most lawyers who claim they have too little time, or are overwhelmed by the need to balance practice time with practice management time, generally either fail to make a list of priorities, hop around any list they do make, or allow themselves to be distracted by too many other tasks. The result is the dreaded phenomenon of procrastination, and the root cause is that lawyers simply do not prioritize. The way to set priorities is for the lawyer to define the self- consequences if business priorities are not achieved.
What About Multitasking?
Just as there is no such thing as "life / work balance," (see another commentary of mine on this subject), there is no such thing as multi-tasking. You can only do one thing at a time; you may be able to do many things fast sequentially, but you're only doing one thing at a time. Chaos is created when you fail to have your priorities in order so that you can do sequential tasks effectively.
An example from a different context is that we see with one eye. But most of us move our eyes so fast that we never notice this. We think we're looking at the horizon with two eyes at the same time.
Hire a Coach
So, too, in the practice of law, successful lawyers are able to organize themselves well to do multiple tasks sequentially without the chaos. Acting as your own time management conscience for operational matters is difficult. The more practical way to get priorities established is to work with a coach and have the coach provide accountability. Call me if you want to discuss this further.
LawBiz® Tips Extras
Check out Ed on YouTube
Follow Ed on Twitter
Join the LawBiz Forum
Become a fan of Ed's on Facebook
8 Steps to Greater Profitability The Lawyer's Path to Prosperity
Are you frustrated with how your law firm or practice is running? Are you looking for ways to jump-start your business? Do you want to make the dream of starting your own successful firm a reality?
This 8-CD set provides the most complete audio guide to law practice management available. From crafting a business plan to selling your practice for maximum value, Ed will lead you from start to finish through the eight most crucial steps to law firm success. Earn the living you deserve and find fulfillment throughout your career - embark on the path to success today!
Special New Release Price: $149 (until March 31)
Regular Price: $199
or Order Online at: lawbiz.com
Ed's Latest Book, Published by WEST ®
Growing Your Law Practice in Tough Times
By Edward Poll
Following the worst economic crisis since the Great Depression, and facing a sea change in clients' demands and expectations, law firms must respond and adapt quickly and effectively. Law firms must choose the kind of law practice they will be; the marketing and business development tactics they will use; the overhead that is critical to their functioning; how to price, bill and collect for services; and how to manage the cash flow cycle. Success lies in identifying and capturing the right kinds of clients, providing the services those clients need in ways that add value, and ensuring prompt payment and the ability to grow profits. This book, based on the experiences of the author and his clients over 20 years of coaching and consulting, provides the keys to successfully thriving in the new era.
Call or Order Online at:
1-800-837-5880 or www.lawbiz.com
2011 LawBiz® Management. All rights reserved.
|Lo-Fi Version||Time is now: 7th July 2015 - 10:55 PM|