What if lawyers had an ethical obligation to be efficient, and that failing to work as efficiently as ‘reasonably possible’ could lead to disbarment and/or financial penalties? One thing is for certain, market change would be hugely accelerated.
First, what is meant by being efficient? Scientifically it is defined as: ‘Efficiency = useful power out / total power in’. But in the legal workplace where the outputs are intellectual, e.g. a contract, the closing of a transaction, or the response to a claim, it’s a bit more subjective.
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