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Project Planning
As legal professionals we have multiple obligations, not the least of which is to be able to pay our bills and keep our businesses viable. To that end, we must continually assess the best investment of our time and money. Project management needs vary depending on areas of practice and specific matters. For example, I had one client say to me, “I deal with quick-turnaround tax matters, there's no time for project planning. The matter hits my desk and I have to have it out the door within two days.” No doubt that this is true, but it's important to note that this particular partner also has many firm-wide obligations that are longer-term and with significant impact on the firm's operations. For those responsibilities, effective project management becomes one of the most cost-effective and powerful tools in your tool belt.
Why Project Management?
The sobering fact is we all have too many projects happening simultaneously to be able to track them all effectively. When I drill down with my clients, they will inevitably admit that they are all trying to keep track of their obligations with a tool not designed for such work ' the brain. Your brain is not designed to, nor can it, effectively manage more than seven serious projects at the same time. A number of important studies bear this reality out. Yet, we are all trying to keep our lives together using it in this way. I believe this to be the primary source for some of the most devastating and crippling decisions made in corporate America today.
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