Color-coding allows you to efficiently track your weekly workload and quickly determine areas of your operation that need improvement.
Yellow time is the time you spend working on your law firm business. By “working on your law firm business” we do not mean creating a trust or crafting an asset protection plan for a client. Rather, we mean working on things that will help your firm, your business, move forward. You should devote 20 percent of your week to yellow time.
Yellow time can be broken down into Present Firm and Future Firm. Present Firm encompasses team meetings in which weekly progress is reviewed and discussed. This includes reviewing weekly reports, the firm’s marketing and sales efforts, work-in-progress, and firm revenue.
Future Firm involves working on what individuals and the team as a whole need to improve upon to ensure the firm’s revenue and other goals are met. Most firms do a rather poor job with respect to Future Firm. By working closely with your coach and implementation specialist, you can adopt a proactive approach to address unsatisfactory work performance before it becomes acute and detrimental to the firm.
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