The ABA Journal reports that when GCs (a/k/a CLOs) were asked about pricing strategies [PDF], only about one in ten picked “cheapest” as the #1 factor. The biggest peaks on the applause meter came for “transparency” and for “guaranteed pricing”, each picking up about one vote in three, with another fifth choosing results-influenced pricing.
I had two opportunities recently to watch professional golfers up close. I was a marshal for a Senior Tour event and I played a round with a former tour pro.
I learned some things about my golf game, and was reminded of an important aspect of project management.
Re project management: As a marshal, I [...]
Sundown this evening marks the start of the Jewish new year, Rosh Hashanah. It is not just a calendar celebration but the start of ten days of looking inward, seeking to understand our shortcomings of the past year, making amends to those we may have hurt, and looking forward with renewed resolve to live the [...]
An article in the Nautilus journal by Tom Vanderbilt, the author of Traffic, caught my eye today. It contains an interesting observation that relates to why project management is not only hard but is so often wrong-headed.
The article summarizes a lot of theoretical math, and the first half is laden with that work. However, [...]
Diana Nyad, at age 64, has accomplished something truly astonishing in this day and age.
Oh, I don’t mean her 100-mile swim from Cuba to Florida. That’s heroic and astonishing in its own right, deserving of more celebration and attention than it really has received.
But she did it in the face of failure.
(This article is #2 in a series on uncertainty, surprises, and scope creep.)
Part of the job of a project manager is to control uncertainty.
In putting up a building, you know in advance how many yards of concrete the foundation will require, how long it will take to frame the walls, and so on. [...]
My bimonthly column for Slaw, Canada’s online legal magazine, is now live.
In it, I talk about reasons legal professionals fear Legal Project Management, and explain, with The Boss’s1 help, why LPM need not be a dark ride.
Footnotes ( returns to text) Bruce, not the managing partner. [...]
At a high level, traditional project management aims to accomplish three objectives:
Minimize uncertainty. Avoid surprises. Stop scope creep.
Most of the “hard goals” – on budget, on time, etc. – derive from managing uncertainty, surprises, and scope (task list).1
However, in the legal world, these three objectives are far, far harder to accomplish than [...]
I saw an ad for “Legal Project Management” training Friday featuring someone with no background at all, as far as I can discern, in either Legal Project Management or training.
On the bright side, it’s cool that so many people are realizing the value Legal Project Management offers legal professionals.
There are three recognized, [...]
Three Geeks’ recent “elephant post” targets basic processes that law firms are “still really bad” at.
Here’s what their respondents list (comments in parentheses are my annotations):
1. Maintaining Practice Group Forms 2. Budgeting Processes 3. Work and Business Processes 4. Effective Employee Interaction 5. Remembering What We’ve Done (central database of forms, [...]