Time

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In this episode, I’m delving deep into the topic of time, specifically, the billable hour. Lawyers have such an interesting relationship with time. It seems like we’re in a constant race to gain more time in our lives. I wanted to learn about the origins of the billable hour to try to understand where it came from, why we’re using it today, and what lies ahead in its future. I propose the death of the billable hour and I enlist the help of some brilliant guests to help me justify this demand.

My guests for this episode:

Ken Grady

Ken Grady is the Lean Law Evangelist for Seyfarth Shaw LLP, and Adjunct Professor at Michigan State University College of Law.

A recognized thought leader, Ken regularly writes and speaks internationally on legal industry issues, including innovation, leadership, efficiency, and change management. Ken’s articles and posts have been featured in many online and print media publications, and he is the editor and author of the blog SeytLines.com named to the ABA Journal’s Blawg 100. He has earned a number of accolades during his career, including being named to the Fastcase 50, which honors the law’s “smartest, most courageous innovators, techies, visionaries, and leaders” and being honored by the Financial Times for innovative leadership of in-house counsel/outside counsel relationships.

Twitter: @leanlawstrategy

Website: http://www.seyfarth.com/

Ron Baker, Founder of VeraSage Institute

Ronald J. Baker started his CPA career in 1984 with KPMG’s Private Business Advisory Services in San Francisco. Today, he is the founder of VeraSage Institute—the leading think tank dedicated to educating professionals internationally—and a radio talk-show host on the www.VoiceAmerica.com show: The Soul of Enterprise: Business in the Knowledge Economy. VeraSage’s mission is: “To, once and for all, bury the billable hour and timesheet in the professions”

Twitter: @ronaldbaker

Website: http://verasage.com/

Resources Mentioned:

The Time Paradox: The New Psychology of Time That Will Change Your Life. Website here.

ABA Commission on Billable Hours 2002 Report

NALP report on Hours worked by associates

George Carlin video on Time