creating a lean foundation for innovation in professional services firms

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For Innovation in Professional Service Firms

Laying the Foundation

4©Gimbal Canada Inc., 2016. All rights reserved.

Gimbal - Lean Practice Management Advisors

Karen Dunn Skinner & David Skinner Gimbal Canada Inc.

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ObjectivesWhat’s new and innovative in law these daysHow Lean can helpWhat can go wrong…

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©Gimbal Canada Inc., 2015. All rights reserved.

Trends in Law Today

Technology, Globalization, Commoditization

Excess capacity, DIY law7

Is Legal Innovation an Oxymoron?

Big, traditional, conservative and change-averse organizations

Highly profitable (although a little less so than before)

There’s not a lot of incentive to innovate

8Victor Habick/freedigitalphotos.net

“Yes…if” not “No…because”Think about how you can make something happen, not the reasons why it might not work

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©Gimbal Canada Inc., 2016. All rights reserved.

What’s driving it?Clients

Technology

A tough economy

Competition10

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What “Innovations”?Knowledge Management

Legal Project Management

Pricing and Alternatives to the Billable Hour

Process Improvement11

Lean and LPM

To get value from legal project management, you have to create a foundation of efficient processes

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Lean and PricingTransparency and Predictability

Flat fees

Budget estimates

Profitable pricing models

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©Gimbal Canada Inc., 2016. All rights reserved.

The Pressure Equation

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PressureVolume of WorkTime Available

=

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Small Changes WorkSaving 1 minute, 5 times a day means

20 hours/year

If five of you do the same thing, you get

2.5 free weeks a year15

©Gimbal Canada Inc., 2016. All rights reserved.

The Essence of Lean

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Eliminate waste

Add value

©Gimbal Canada Inc., 2016. All rights reserved.

So What’s Value?Three key value criteria:

1. does your work move the matter forward?

2. is it what the client wants and is willing to pay for?

3. is your work done right the first time?

17stuart miles / freeditigalphotos.net

©Gimbal Canada Inc., 2016. All rights reserved.

Lean’s Eight Wastes

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Eight Wastes

Defects

Inventory

Transport

Non-utilized talent

Waiting

Over-production

Extra processing

Motion

©Gimbal Canada Inc., 2016. All rights reserved.

©Gimbal Canada Inc., 2016. All rights reserved.

DMAIC - A Powerful Approach

Define: What does the client want?

Measure: How do we work to get that result?

Analyze: How can we improve?

Improve: Let’s create a better process

Control: Are we following the new process?

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©Gimbal Canada Inc., 2016. All rights reserved. Used under license.20

©Gimbal Canada Inc., 2016. All rights reserved. Used under license.

Process Map

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Image©GimbalCanadaInc.

What Could Possibly Go Wrong?

Processes? What processes?

It’ll never work

If I can’t bill for it, it’s not worth it

22Wikimedia Commons, full cite at http://bit.ly/1E4soFi

©Gimbal Canada Inc., 2016. All rights reserved. Used under license.23Image: freedigitalpphotos.net/africa

Won’t This Mean Fewer Billable Hours?

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Pulling it all together

©Gimbal Canada Inc., 2016. All rights reserved.

Gimbal

Karen Skinner: [email protected] David Skinner: [email protected]

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gimbalcanada.com 514-667-2288

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