the history of the billable hour: creative mornings toronto (without speaker notes)

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

CREDITS

Tegan Mierle - Illustration

Ronald Baker - verasage.com

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