ROI
Why TopLawyerCoach Is Worth The Investment
Is an ROI of over 500% worth your investment?
Coaching is all about RESULTS! 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 custom complaints
- 23% reduction in costs
- 22% improvement in bottom-line profitability
Other studies show that over 93% of executives who have received executive coaching would recommend it to others. Furthermore, 20% of major U.S. corporations use coaching to help refine and grow their businesses. The benefits are there – just ask my satisfied clients.
9 Reasons Why Coaching Makes Good Lawyers Great
1. Build business – Learn the skills to become a successful rainmaker AND generate big books of business.
2. Manage your time – Don’t let the work day get away from you. Coaching teaches you how to make time management a priority.
3. Get a competitive edge – Set yourself apart. Coaching will show you how to strengthen individual branding by identifying competitive differentiators.
4. Recognize your strengths – Learn to narrow your practice focus and emphasize your strengths and skill set.
5. Market your value proposition – Make a value proposition work for you and your practice. Coaching will help refine your message and give you an edge in the market.
6. Polish your professional presence – From attire to attitude, coaching can help you create a professional presence that will make you stand out and succeed.
7. Build leadership skills – Gain confidence in your ability to lead your practice and effectively mentor students and colleagues.
8. Teach team work – Some firms shy away from team work, but coaching will show you how to use it to your firm’s advantage.
9. Deepen your social intelligence – Learn and understand the art of connecting with other legal professionals on a deeper, more meaningful level - including tips for handling anxiety and reading social cues.
Still not convinced?
This table shows the difference between training supported and unsupported by coaching. Take a look at the power of how customized coaching, combined with targeted learning, can translate into new, positive behavior.
Valuable Viewpoints
“…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.”
CNN.com
"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
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