Archives

Categories

Registration

Resources

Archive for the ‘Law Firm Leadership’ Category

Avoid Presentation Disasters

Sunday, January 15th, 2012

By Amazing Firms Amazing Practices, Gerry Riskin.

If you ever present to others, or even might, you need to see this (less than 4 minutes)

Thanks to my friend Matt Homann for bringing this to my attention by posting this on his wonderful Blog,  "The [non]billable hour" on January 14, 2012

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

2012 Law Firm Strategy Lessons from the Apollo 13 Moon Mission

Thursday, December 22nd, 2011

By Amazing Firms Amazing Practices, Gerry Riskin.


Your law firm’s success in 2012 may require considerable ingenuity under extreme pressure just as it did from the crew of Apollo 13 for their safe return to Earth.

Apollo 13 was the third mission in the American Apollo space program intended to land on the Moon. The number 2 oxygen tank in the Service Module exploded en route to the Moon, approximately 200,000 miles (320,000 km) from Earth.  The developing drama was shown on television and depicted in the Apollo 13 movie based on the mission.

If you saw the movie, you may recall that the head of Mission Control assembled a team in a conference room and requested that the materials available to the astronauts in the Service Module be brought to the room because they had but a few hours to learn how to make oxygen to save the astronauts’ lives.

By contrast, when the senior leadership team in most law firms meets to explore strategy, there is no sense of urgency. Worse, after extraordinarily bright people come up with some amazing plans, in most firms they are doomed to atrophy due to a lack of execution.

As you consider 2012, I recommend that you:
 

  • Take off the rose colored glasses… the apparent good economic news is at best an exercise in extreme optimism and at worst the willful concealment of the truth
  • Clients have tasted economic power in the lawyer/client relationship and they are not going to give it up. In fact, if you are not exploring legal process management (LPM) in harmony with some of your most important clients, your firm is headed for rough seas.
  • Make your plans as if they were a matter of life and death because they very well may be. In today’s perilous times, your firm’s fate may be as precarious as that of the 3 astronauts when the oxygen tank exploded.


I confess that I have framed this in a slightly melodramatic way in order to be provocative. The serious lesson I ask you to take from this is that your plans need a deadline and they must be executed as if life itself dependent upon them. That is why in Edge, we make no apology for being obsessed with action.

Your comments would be appreciated as usual.

 

(Thanks to Wikipedia for the image and details)

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

Angry Birds help with best practices in one of India’s most sophisticated law firms

Monday, July 4th, 2011

By Amazing Firms Amazing Practices, Gerry Riskin.

I received this correspondence from Hoshedar Wadia, a partner in one of India’s most sophisticated law firms, Juris Corp.  This firm deals in matters that range up to the hundreds of millions of US dollars in sophisticated areas like Capital Markets, Structured Finance, Securitization and so on.  In the spirit of disclosure, I have had the privilege of serving this firm.  Do you believe the protocol contained in the following correspondence could serve your firm as well?

"We just shared something with our new recruits as part of their orientation and I thought I would drop you a line cause you have used examples like this very effectively in the past with us.
 
"There is a game ‘Angry Birds’ that I have on my mobile that is available for PC download as well.
 
"You have to shoot birds at structures (and at a pig) and make points to go to the next level. Each level is tougher and there seem to be an unlimited number of levels. At each level, you can try any number of times. But in the version available on my phone, after 2 attempts (and failures), it asks me if I want to connect to the internet and see how it is done (on you tube). If you view the link, the task suddenly becomes easier (not easy – but significantly easier).

"Message:
"Like angry birds, in Juris Corp too:
"(i)         Please try for yourself to get the results – try once try twice but if you don’t get it by then then seek help (ego and stubbornness have little place in a knowledge-based industry);
"(ii)        The reason you must try yourself is because you may come up with a better way of doing something than the internet or ‘online help’ version will show you;
"(iii)       The reason you must take help after a few tries is because you owe the Firm and the Client, if any, (a) a quick turnaround (so it is not acceptable that you try and try and try till you succeed); (b) best costs (which means you don’t re-invent) – but always subject to you trying first on your own (the reason you are in Juris Corp is because somebody believes you may find a better way);
"(iv)      Look at the online version/precedents, even if you succeed – to see if it could have been done better?
(v)       Learn and adapt – the higher levels will always require you to draw from what you have learnt at the lower levels."

Punchline: Too many partners throw their associates to the research and protocol winds with a sink or swim attitude.  This policy deprives both associates and clients of what they deserve.  I think Juris Corp has it right and I am grateful to my friend, Hoshedar Wadia (Juris Corp partner), for granting me permission to share this with you.

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

Recovering from information overload (McKinsey Quarterly)

Tuesday, February 8th, 2011

By Amazing Firms Amazing Practices, Gerry Riskin.

All of the Managing Partners with whom I work are devoured by their "multitasking work environments".  "Recovering from information overload" (McKinsey Quarterly, January 2011) authors Derek Dean and Caroline Webb have succinctly laid out their take on the problems and solutions:

Problems (multitasking):

slows us down,

hampers creativity and

makes us anxious and it’s addictive)

Solutions (Coping with the deluge):

Focus,

Filter and

Forget

Perhaps the most valuable part of the article lies in an exploration of how to hit the "reset button".

If you are the Managing Partner (or have any leadership responsibilities in your firm) I suggest you read this article twice, once to assimilate it and next to make your action plan for the parts or pieces you want to implement.  Download the PDF or read online.

 

 

 

 

 

 

 

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

Attorney at Work Delivers Daily Ideas for Lawyers

Thursday, December 9th, 2010

By Amazing Firms Amazing Practices, Gerry Riskin.

I am honoured to be in the esteemed company of the publishers and advisors of Attorney at Work that promises “One Really Good Idea Every Day”

There is no cost to subscribe and the ideas will flow starting in January.

I recommend that you subscribe now

Congratulations in particular to my long time friend, Merrilyn Tarlton who conceived this idea with Joan and Mark Feldman

 

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

Simon Tupman’s Future Firm Forum 2010 New Zealand The Management Imperative

Sunday, November 7th, 2010

By Amazing Firms Amazing Practices, Gerry Riskin.

Download by clicking on image or HERE  Registered participants were provided with Password in session.

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

“Do, Don’t Say !” Seth Godin simply nails it.

Saturday, October 30th, 2010

By Amazing Firms Amazing Practices, Gerry Riskin.

Sorry for offering the punchline in the title… but Yoda would be so proud (of Seth Godin)

Extract from Seth Godin's blogpost: Won't get fooled again 

If you catch yourself making a promise that's been made before, stop. Don't spend a lot of time and effort building credibility with this sort of promising, because it doesn't pay off.

Make different promises, or even better, do, don't say.

Law firm leaders, if you don't know who Seth Godin is, subscribe to his blog and/or read his books. He offers a perspective that you won't get at bar association meetings.

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

Finding Success in a Global Paradox (Keynote ALPMA Sydney 22 Oct 2010 — Password Protected — registered participants only)

Sunday, October 24th, 2010

By Amazing Firms Amazing Practices, Gerry Riskin.

 

Download by clicking on image or HERE  Registered participants were provided with Password in session.

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

Around the World Speaking Tour (Gerry Riskin — Edge International)

Thursday, September 23rd, 2010

By Amazing Firms Amazing Practices, Gerry Riskin.

SEPTEMBER 2010

September 24th, 2010
ADR Institute of Canada National Conference September 23-24, 2010
Plenary Session: Optimal Marketing for ADR professionals
Workshop: Effective Marketing for ADR professionals
Calgary, Alberta

OCTOBER 2010

October 9th, 2010
Fordham Law School (for Prof Silvia Hodges)
Guest Lecture: Law firm management: Strategy
New York, New York

October 14th, 2010
(with Nicole Auerbach a— Valorem Lw Firm))
Making Alternative Fees Work in Litigation: How to Approach and Craft AFAs
Virtual Program… webinar: Find out how to incorporate AFAs for your litigation matters, and how to avoid the many pitfalls that can arise along the way in this information-packed audio conference. During this 75-minute program, our expert faculty will present best practices for approaching, crafting and implementing these highly sought-after engagements.
Information & Registration

October 22, 2010
ALPMA summit
Keynote address:  Finding Success in a Global Paradox
Sydney, Australia
Information & Registration
 
NOVEMBER 2010

November 4th, 2010
Chief Legal Officer Forum, Public Sector
Auckland, New Zealand


November 5th - 7th, 2010
Plenary Session: Future Firm Forum 2010
The Management Imperative
Tongariro Lodge at the south end of Lake Taupo, on the North Island of New Zealand
Information & Registration

November 11th - 14th, 2010
(with Edge partner, Juhi Garg
GROWTH STRATEGIES 2015
LAWASIA 2010 Conference
The session will describe how Asian law firms can prepare for a flourishing economy including strategies and processes required to fuel growth both organically and inorganically.
New Delhi, India
More Information

 

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

Welcome to Edge International, Pam Woldow !

Thursday, September 2nd, 2010

By Amazing Firms Amazing Practices, Gerry Riskin.

My Edge International partner, Jordan Furlong, has done a nice welcome piece on Pam Woldow already (at his Law 21 blog) but I thought I would echo that Edge International is so very proud and delighted to have her on board.

Also, thank you to friends who have joined us in congratulating Pam, like Valorem's awesome founder, Pat Lamb, who expressed delight in his In Search or Perfect Client Service blog post.

Those of you who know Edge International well can be assured that we are intent on growing in strength and capabilities.

Please make sure you follow Pam's new Blog, At The Intersection, for her continuing wisdom and counsel. 

Stay tuned.

 

 

 

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.