by admin | Feb 24, 2014 | Legal Business Models
The basic premise of my search for the Grand Unified Theory of Legal Value has been that Value is the gap between what you Invest and the Benefit you receive in a particular transaction. Otherwise stated: Value = Benefit – Investment My discussion so far has focused...
by admin | Feb 22, 2014 | Improve Your Strategy
A quick detour from my search for the Grand Unified Theory of Legal Value… I had high hopes for Carolyn Elefant’s blog post The Billable Hour Stifles Pricing Innovation. I heartily agree with Elefant’s premise that the billable hour can stifle...
by admin | Feb 21, 2014 | Productivity
In my last post I kicked off my search for the Grand Unified Theory of Legal Value by proposing a simple equation: Value = Benefit – Investment In other words, Value is the gap between what you Invest and the Benefit you receive in a particular transaction. I also...
by admin | Feb 19, 2014 | Legal Business Models
As long as I’ve been practicing law, and certainly since the recent recession, I’ve heard much talk about “value” without a satisfactory explanation of what value is. You’ve heard it too: Clients talk about “getting more value for...
by admin | Feb 17, 2014 | Legal Business Models
After several years away from blogging I’ve decided to give it another go with a new subject and an outrageous goal: to develop a Grand Unified Theory of Legal Value.™ I’ve spent years in operations, in legal practice, and in legal operations, always in...
