Is Hiring a Lawyer Coach Worth the Investment?
The answer is a resounding YES!
Career consulting yields results. In fact, according to The Manchester Study, the reported average return on investment is 5.7 times greater than the cost of coaching. The study found:
- 77% improvement in working relationships
- 53% increase in productivity
- 48% increase in quality
- 39% increase in customer service
- 43% reduction in customer complaints
- 23% reduction in costs
- 22% improvement in bottom-line profitability
Other studies show that over 93% of executives who have received career consulting would recommend it to others. Furthermore, 20% of major U.S. corporations use coaching to help refine and grow their businesses.
Still Not Convinced?
Coaching programs have made headlines in the news over the past decade. And now, as the US climbs out of recession, more and more professionals are using these services, including marketing consulting, to get their businesses booming again.
Here are just a few recognizable mentions about coaching.
“…a well-executed coaching program can achieve 500% and 700% return on investment.”
Executive Coaching Study, 2001, by Manchester Consulting
“The goal of coaching is the goal of good management: to make the most of an organization’s valuable resources.”
Harvard Business Review
“Coaching now is part of the standard leadership development training for elite executives and talented up-and-comers at IBM, J.P. Morgan, Chase, and Hewlett Packard. These companies are discreetly giving their best prospects what star athletes have long had: a trusted advisor to help reach their goals.”
"Workers at all levels of the corporate ladder, fed up with a lack of advice from inside the company, are taking matters into their own hands and enlisting coaches for guidance on how to improve their performance, boost their profits, and make better decisions about everything from personnel to strategy."
Betsy Morris, Fortune