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Reviews of books on client development |
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Achieving
Peak Performance
In merely eight pages, the authors discuss a trend and present brilliant strategies to exploit the trend. The trend toward commoditization of certain legal services is driven primarily by “an oversupply of service providers [and] technological change,” the authors say. Commoditized services are those that are form-intensive, cookie-cutter services that can often be handled by junior associates or even non-legal staff. According to the authors, those may include residential real estate, workers’ compensation, foreclosures, collections, small employment cases, general negligence and simple tort cases, and such banking work as basic loan documentation. Clients shop for a law firm to handle their commodity work based on price and delivery; not necessarily based on partner involvement or the size and depth of the firm. At a higher level, “expertise work” is higher-risk work from the client’s perspective. So they feel more comfortable if they’re served by firm partners, rather than by associates. Of course, they will pay a much higher price for that comfort. Expertise work includes, according to the authors, intellectual property, complex litigation, white collar criminal matters, and big M&A deals, for example. The strategies that the authors advise include the following:
I'd like to see these authors expand this section and use examples, case studies, and anecdotes to flesh it out and make it more instructive. Central
theme To implement this strategy, your practice management plan needs four elements:
These strategic elements will require most firms to change (the C word!) their culture and the mentality of their leaders. The authors counsel that persuading partners to implement such change “can be a difficult sell in many firms.” Sorry, they offer no suggestions on how to overcome that difficulty. With respect to compensation, the authors insightfully point out:
How can the firm strike an appropriate balance? Lambreth and Yanuklis offer no suggestions. Dogma Second, it is dogmatic in its prescriptions for effective practice management. The authors don’t allow that their recommended strategy and approach, even if you think it’s brilliant, might not exactly fit every firm. Like most law marketing books, their point of view is based on their own experience as consultants to a limited number of firms in a narrow range of sizes and types of firms (usually those whose primary clients are corporate general counsel). They present no dissenting or alternative points of view, and they do not urge you to study other authors' viewpoints. Third, this book tries to cover a very broad subject in only 128 pages, making it extremely superficial. In many instances it offers some insightful advice, but without any clues whatsoever about how to implement the advice. In that sense, the subtitle on the book's cover – “A Practical Handbook” – is a joke. Here are two examples (in addition to the two mentioned above):
Another weakness of this book is the use of complex, nearly incomprehensible charts, graphs, models, and matrices. Finally, the book is obviously self-published and amateurishly produced. It has no title page, no copyright notice, no price, no ISBN bar code, awkward typesetting, and darkly tinted sidebars. Here’s my advice: Offer Hildebrandt $24 for Appendix 1. That’s $3 per page, and it’s worth it. About the
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