“It had evidently not occurred to her as yet that those who consent to share the bread of adversity may want the whole cake of prosperity for themselves.”
― Edith Wharton
I cannot think of anything more important in a law firm partnership than associating yourself with partners who share your values.
Back when I was practicing law, I considered publications like The Lawyer’s Daily to be an unwelcome but necessary evil. I would skim the headlines and case digests looking for information that I had to know to remain competent. There were many times that I did not even read news about upcoming legislation. I figured that it was a waste of time to focus on things that may never be enacted, and I could just wait until it became law to worry about it.
In the 14th century, the philosopher Jean Buridan told a story about a donkey who, equidistant between two piles of hay, starved to death because he could not decide which one to eat.
Adults often ask young children what they want to be when they grow up. I knew one child who insisted that he wanted to be a fire truck. Nobody could convince this fellow that he could not be a fire truck. You can be a “firefighter” they told him. But no, he insisted that he wanted to be a fire truck.
My friend Steve tells a story about the loss of his uncle at age 58, when Steve was 18 years old. While Steve’s parents were aghast at the tragedy of losing their relative at such an early age, Steve remembers thinking, “what are they talking about, the guy was 58 years old. He had a good run.”
I whine a fair bit about the legal profession. Occasionally someone asks me what I would have done differently if I could go back and start over. Of course, the trite answer is “be an optometrist.” (Some neat things about being an optometrist: (i) you get to wear a white coat; (ii) the hours are fairly regular; (iii) you rarely have to worry about getting sued for prescribing the wrong lenses; and (iv) according to Dr. Google, your average salary will be higher than the average salary of a lawyer.)
The magic of a franchise system is that someone brilliant develops a business system and then documents every step that must be taken to permit someone less capable to follow the system and replicate the results. So, wherever you go in North America, someone much less accomplished than Colonel Sanders can sell you a bucket of chicken that is just as tasty and unhealthy as the original.
In 1639, John Clarke said, “Early to bed and early to rise, makes a man healthy, wealthy, and wise.”
I go to bed early and like other older folks I can no longer sleep through the night, so I suppose I wake up early. So, I should have it made. But I don’t.
Back when I started practicing law, fax machines were just coming into vogue. This was an extremely useful development, especially since email had not been invented yet.
The timeline for the introduction of fax machines into law offices had two distinct markers.
I am of the opinion that, generally speaking, lawyers are not particularly good businesspeople. I attribute this to the following: