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I gave this talk on the history of the billable hour at Creative Mornings Toronto Feb 28, 2014. There was a baby in the audience. This version does not have speaker notes... for version with speaker's notes go to... http://www.slideshare.net/jonlax/creative-mornings
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CREATIVE MORNINGS TORONTO
Feb 28, 2014JON LAX TEEHAN+LAX
FREDRICK TAYLOR
1856 –1915
HENRY GANTT1861–1919
“The service the lawyer renders is his professional knowledge and skill, but the commodity he sells is time”
- Reginald Heber Smith, INVENTOR OF THE BILLABLE HOUR
– ABA Comm. on Professional Ethics Opinions (1961)
“the habitual charging of fees less than those established in suggested or recommended fee schedules… may be evidence of unethical conduct.”
David Ogilvy
I pioneered the fee system, but I no longer care how I get paid, provided I make a reasonable profit.
– David Ogilvy
IRON ORE PRICES (2011 $/DRY METRIC TON)
“The last buggy whip factory was no doubt a model of efficiency….
There is nothing so useless as doing efficiently that which should not be done at all.”
― Peter F. Drucker
FURTHER READING
The One Best Way: Frederick Taylor and the Enigma of Efficiency - Robert Changes
Measure What Matters - Ronald Baker The Billable Hour Must Die - Scott Turow
THANK YOU@jlax
@teehanlax www.teehanlax.com
