John Chisholm retweeted
“Value price” defined: a price derived collaboratively with a buyer BEFORE the work is done/sold. VP is NOT: a) unilaterally set by seller, b) set after work is done, or c) presented to buyer as “THE price.”
John Chisholm retweeted
Compared with people at low-trust companies, people at high-trust companies report 74% less stress, 106% more energy at work, 50% higher productivity, 13% fewer sick days, 76% more engagement, 29% more satisfaction with their lives, and 40% less burnout. hbr.org/2017/01/the-neurosci…
Q. Where does #Oldlaw get their productivity gains?
A. From their professionals working longer & longer hours and annually increasing their hourly rates.
Q. Where does #Betterlaw get their productivity gains?
A. From innovation,ai, the wellness of their p…lnkd.in/gBa8YFJx
John Chisholm retweeted
And how many will passively resist hoping this too shall pass? It’s actually customers that must demand & drive this change. And most of those buyers are from same tribe suffering from same addiction to billable hours. The first step to recovery is admitting you have a problem
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Great interview with @mediationshaun in Legal Futures on "SME law firms:why time is ticking on the billable hour." Worth a read for lawyers who care.
#lawfirms #legal #lawyers #legaliconoclast #billablehour #valuepricing #innovationinlaw #oldlaw #newlaw lnkd.in/gq3w3Rp7
Well-being a HUGE issue for the legal profession in UK @LeahSteeleUK #legaliconoclasts Expo#2
Q. Wonder what #Oldlaw lawyers will be doing this time tomorrow? A.Probably filling out their timesheets.
Meanwhile over 80 legal iconoclasts have registered for the Expo#2 tomorrow discussing better ways to practice law.
Can't wait to meet and mix with…lnkd.in/gxbStCrD
Legal Iconoclasts unite. Expo#2 16th May. What a great 4 hours this will be. #legaliconoclasts #lawfirms #innovationinlaw #valuepricing
Read "The decline of time-based law firms" by @jordan_law21
What do you think? Is Jordan right?
Obviously I hope and wish but #Oldlaw has shown remarkable resilience to do almost anything not to have to change its business model.
M…lnkd.in/gCZmjJyK lnkd.in/gTnx-gn6
John Chisholm retweeted
Peter Drucker believed the five most important questions you will ever ask about your organization are:
What is our Mission?
Who is our Customer?
What does the Customer Value?
What are our Results?
What is our Plan?
bit.ly/2qSAxiz
#leadership
#management
#LFreakpost
So looking forward to this virtual event on 16 May to hear in particular from the amazing Melissa Lyon Karen Finch and Elani Maas.
These 3 genuine legal game changers will share the stories of their respective journeys from #oldla…lnkd.in/gUvdTu6t lnkd.in/gYpaWPqz
Pretty ironic reading all those #oldlaw lawyers who are worried about the ethics of using tools like ChatGPT yet they don’t blink an eye about the ethics of time based billing🫤#ChatGPT #lawyers #ethicsinlaw #timebillingsucks
2 weeks to go until all these legal iconoclasts get together. They have broken the mould-what about you? #legal #legaliconoclasts #lawfirms #innovationinlaw #billablehour #valuepricing lnkd.in/daZTFsGY
H/T to @markkoziel for sharing this T Shirt. With their firm's logo imprinted seems like quite the perfect #oldlaw client gift. 🤣 #oldlaw #timebilling #lawfirms lnkd.in/gb4asAEF
3 weeks to go until Legal Iconoclasts Expo#2. Can't wait to meet up with fellow legal iconoclasts from around the world.
Will you be there?
#legal #legaliconoclasts #innovationinlaw #pricinginlaw #billablehoursucks #businessmodelchange lnkd.in/g8CJtT6g
@Life4Law is so right.
Most of your so called “competitors” don’t have prices anyway- they have hourly rates and rates are NOT prices. Differentiate yourself in your marketplace by pricing up front,offering your clients options and a service guarantee and…lnkd.in/gzWqzkN8
Could law firms genuinely collaborate with other professions in a subscription model? You bethcha. Read and watch this #lawfirms #collaboration #subscriptionmodel #subscriptioninlaw Legally Yours @ronaldbaker lnkd.in/gG79pgYj
I drew this in 2012. What has genuinely changed in #Biglaw in the last 11 years? #biglaw #oldlaw #newlaw #shiftingthedeckchairs #biglawcruiselines #law lnkd.in/g-EWAgvR








