Do you know the true costs of finding new talent?
Did you know that lawyers report spending up to 17 weeks sourcing, interviewing and hiring a new teammate? Think of all those billables being lost.
This Calibrate Legal, Inc. infographic does an amazing job of laying out the facts. The soft costs – lost opportunities for work and distraction- are tremendous.
But here’s one cost they didn’t factor in when looking at the numbers.
The cost of poorly managing that new hire.
Law school teaches lawyers many things, but how to select and manage an awesome team is not one of them. It’s very likely that you got your management style from you last 3 bosses. Amirite?
You probably learned to a few habits that aren’t great for leading a team. If you fail to delegate or micromanage, you are wasting time, energy, and money, as well as risking a ‘quick quit’ from your new hire.
Invest in training so that you are able to connect with the new hire and maximize their value to you.
Spend time to identify and clarify your values, work ethic, assumptions and non-negotiables when it comes to your law firm team. Who does someone have to be to get invited to your party? What skills are an absolute must?
As you’re doing that work, hopefully with a coach like me, think about how you make trust. Why? Because delegating effectively requires that you trust your team or external talent (virtual assistant). Otherwise, you’ll micromanage or take back the task if you fear a bad outcome.
You have to let go, stop being the bottleneck and manage with empathy and grace.
If you want help, we should talk. My delegation course is exactly what you need to shift into high gear. Book a call