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October 2000 Newsletter

WE’RE LOOKING FOR A FEW IDEAL CLIENTS. COULD ONE OF THOSE CLIENTS BE YOU? ©

PeopleWealth’s mission and vision position us as a leader in response to concerns that the American Law Firm, as we all know it, is an anachronism in danger of extinction. Lawyers are leaving their jobs and the profession with alarming speed. Generation X is much smaller than the Baby Boom generation, assuring that many well trained, experienced lawyers can never be replaced. Survey after survey reflects that fewer than five percent of parents want their children to become lawyers; lawyers are among the least respected group in society; law firm partnerships are not desirable to young lawyers; and 70% of lawyers are dissatisfied with the practice of law. "No more! This is insane!" we said.

We want to change the world. We know we can do so, we know why and how. Our Ideal Clients want to change the world, too. They want to change it now. Together, we will do so.

Well known Massachusetts Institute of Technology senior lecturer Peter Senge is also a member of the Society of Organizational Learning, a global consortium of researchers and companies examining learning and change. He and his colleagues have published The Dance of Change: The Challenges to Sustaining Momentum in Learning Organizations (Doubleday/Currency March 1999). Senge details the unacknowledged fact that real change in a firm rarely happens from the top down. Instead, significant change usually starts small, with one team, and spreads to other teams.

Senge identifies challenges of change in three critical areas: (1) challenges of initial change; (2) challenges of sustaining momentum; and (3) challenges of system wide redesign and rethinking.

A small but growing group of forward-thinking lawyers are acknowledging the issues, assessing the situation, and addressing job satisfaction one step at a time. They are watching the consulting firms, who employ thousands of lawyers, and adopting some of their successful retention strategies. They are studying businesses that are dealing successfully with the same declining population, strong economic prosperity, and multitude of opportunities for workers in all aspects of American life. They are looking at successful solo and small firm practitioners for clues to success.

Groups of lawyers in forward-thinking firms are doing climate surveys to assess how their lawyers feel about their jobs and what can be done to improve the picture within the business constraints of the practice. They are putting programs in place to attract, retain, advance, and promote lawyers in their practices. Lawyers and their firms are learning how to improve job satisfaction, master the art of appropriate goal setting, generate well-paying legal work that is fun to do, and infuse their practices with meaning and prosperity.

Such lawyers are moving forward because they want to. Because the practice of law doesn’t have to be so overwhelmingly smothering. Because the law is too much to give up. They want to keep the best and change the rest. These are the lawyers that will be with us in the future. These are our Ideal Clients.

Ideal Clients are innovative, creative and committed to our Mission: To encourage, facilitate and promote the profession by improving job satisfaction for lawyers and keeping experienced lawyers available to the public.

Ideal Clients share our vision: Lawyers we’ve counseled are happy people, well satisfied professionals, respected by society and leaders in their communities.

Our Ideal Clients focus on playing ANGEL’S ADVOCATE, they support "what’s RIGHT with it," encourage lawyers to believe it CAN work, and the practice of law CAN be enjoyable as well as meaningful, lucrative and life enhancing. They know that life balance IS possible and desirable.

Our Ideal Clients understand that the practice of law is truly a noble profession, one that we should all aspire to perfect and in which we should participate, that it is the most flexible work in the world, work that has space to accommodate all good lawyers.

Career building skills are designed to improve productivity, increase performance and raise job satisfaction to the point where the size of the profit pie can comfortably accommodate more partners and higher salaries. Appropriate goal setting eliminates hoarding work below one’s level of expertise as well as the temptation to accept unprofitable or undesirable work.

If you have the desire to be one of PeopleWealth’s Ideal Clients, you’re on the road to getting to a happier, more prosperous life within the practice of law. Call us. We want to work with you.

You know you’re an Ideal Client if within the last month you have:

  • Told more than one associate what you love about practicing law
  • Written down five things you are grateful for about your current practice
  • Asked your lawyers and staff about the level of lawyer job satisfaction in your practice
  • Worked on a project you’ve truly enjoyed ü Implemented a creative solution to any management issue facing your practice
  • Created and instituted a marketing plan for a new area of practice or new client base ü Scheduled a Career Design Workshop
  • Revised and instituted a new mentoring program
  • Identified the common characteristics of YOUR Ideal Clients

PeopleWealth can assist your Professional Development staff on a consulting basis to communicate effectively with lawyers and to help lawyers design and build successful careers in your practice. Contact our office, visit our web site at www.PeopleWealth.com, or e-mail us: info@PeopleWealth.com ©PeopleWealth October 2000