The History of the Billable Hour: Creative Mornings Toronto (without speaker notes)

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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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The History of the Billable Hour: Creative Mornings Toronto (without speaker notes)

  1. 1. CREATIVE MORNINGS TORONTO JON LAX TEEHAN+LAX Feb 28, 2014
  2. 2. FREDRICK TAYLOR 1856 –1915
  3. 3. HENRY GANTT 1861–1919
  4. 4. “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
  5. 5. “the habitual charging of fees less than those established in suggested or recommended fee schedules… may be evidence of unethical conduct.” – ABA Comm. on Professional Ethics Opinions (1961)
  6. 6. David Ogilvy
  7. 7. I pioneered the fee system, but I no longer care how I get paid, provided I make a reasonable profit. – David Ogilvy
  8. 8. IRON ORE PRICES (2011 $/DRY METRIC TON)
  9. 9. “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
  10. 10. CREDITS Tegan Mierle - Illustration Ronald Baker - verasage.com
  11. 11. 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
  12. 12. THANK YOU @jlax @teehanlax www.teehanlax.com

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