March 30, 2006

Law Firms Train for a Competitive Edge

12:13 pm

Races are won by fractions of seconds, but not by accident.  Athletes and train to win. Is your law firm up to the competitive race? How physically fit and well trained is your team? 

 

Athletes understand that they must measure everything they do to achieve exceptional performance. Marathoners can remember all their best times; everyone knows their heart rate training zones. Cyclists know their power and aerodynamic drag numbers.  In fact, Lance Armstrong’s cycling power output was a closely guarded secret because his coaches knew that if a competitor knew that number, they would have a .  Athletes instinctively understand that measurement increases performance. They break down all the key components of performance and then develop training regimens to improve their fitness and skills in order to give them the best chance to succeed.  Fitness and skill development combined with the proper attitude translates to winning…in sports and in business. 

 

What about your law firm? How fit is it?  Do you measure and train for success? Do you know what your key performance indicators are?  Do you break down the components of those and train to trim off time? How does the time capture process work in your firm?  How long does it take?  What aspects are repetitive, error-prone, slow or wasteful? The difference between a champion and the field is usually less than 5%.  But the champion reaps all the benefits.

 

The cyclist in the photo is Stephen Collins, president of , Inc. He along with other competitors are members of TriStar CyclingTriStar, sponsored by and Bank America, counts several doctors, lawyers, bankers, entrepreneurs and other professionals among their members. The team is a 501c (3) charitable organization focused on the development of junior cyclists (ages 10 to 18), providing mentorship, coaching, and financial assistance. This year, the team is promoting the Edgar Soto Memorial Stage Race to promote the Share the Road initiative to raise awareness for safe cycling.  If you would like to help TriStar with its charitable mission, send your donation to TriStar Cycling, c/o , Inc., 5106 Maryland Way, Brentwood, TN 37027.

 

Morepartnerincome.com is sponsored by , Inc.  For information about ® products and services for increasing law firm performance and partner income, go to www.Juris.com. 

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