I caught a post today from Jaimie Field, one of my Legal Marketing Extraordinaires, Rainmaking Recommendation #91: The Mathematics of Time for Rainmaking where she breaks down the myth that you don’t have time to make rain.
She’s right. I don’t care how busy your practice is, you can find the time to make some rain.
We are going to start with a few assumptions:
- That you are required to bill 2000 hours per year, and
- That you like to sleep.
That means you have to average 40 hours a week for 50 weeks of billable time (I’m giving you two weeks of vacation a year – am I nice or what?) or 160 hours per month.
So let’s talk about just one month of time (and we aren’t even going to discuss working weekends):
On average, there are 20 business days per month.
20 business days x 24 hours per day = 480 hours total hours.
480 hours – 160 hours (8 hours of sleep per night for 20 nights) = 320 hours left
320 hours – 160 hours of billable time per month = 160 hours left
Even if you work out 1 hour per day for those 20 working days you have 140 hours remaining per month. Those 140 hours per month (and remember, this is only during the working week, this does not include weekends) equals 7 hours per business day to use any way you want.
Fine. You’re busy. I get it. Plus you have to add in a commute, the gym, watching a TV show or game. But even with all that, you still have a good three hours a day in which to market, or goof off around the office, hang out on Facebook, or play video games.
Which one’s going to make you money?
Here are some suggestions on what to do with some of those three hours: Read more