Friday, August 5, 2011

Picasso's Napkin

Picasso’s napkin
Picasso was sitting in a Paris café when an admirer went up to him and asked if he would do a quick sketch for him on a paper napkin. Picasso politely agreed, did a quick sketch and handed back the napkin — but not before asking for a rather large amount of money. The admirer was horrified: “How can you ask so much? It only took you a minute to draw this!” “No”, Picasso replied, “It took me 40 years”

The reason that I posted this is because there is a lot of talk in the cut-rate legal community of their lower hourly rates. There is a good reason for that. They are worth less money. The problem is that while they are fumbling around trying to figure out how to do it, they are charging the client by the hour. The end result of the greater hours spent is a bigger bill. Often a bigger overall bill-not to mention result issues-than you would have with an experienced attorney. Think about Picasso when you are looking at lawyers.

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