Bad Vibes: Don't Hire Without Running Your Numbers

‘Vibe coding’ references the use of generative AI programs to develop code for building software.  More and more non-coders are using it.  Of course, vibe coding is not so great, for complex coding or for maintenance. 

 

Lawyers tend to hire on vibes, as well – with equally problematic results. 


 

Now, if there’s one thing you have to do, before you hire – it’s to run the numbers.  Figure out the total cost of your new employee = salary + benefits + incidental costs.  Then, determine how much work you have to distribute to that new hire, and the value of the work.  Figure out the difference, and that’s your profit margin & every law firm employee should be a ‘profit center’. 

 

That’s sounds really easy – but, most lawyers don’t engage in that simple process. 

 

Do it & you’re more likely to hire successfully. 

 

Fail to do so, and you’re just crossing your fingers.  That’s a real easy way to get over your skis pretty quick.  And, there are plenty of law firms that hire quickly, then fire quickly – not because the employee is not a fit, but because the law firm didn’t effectively scope out the full ramifications of the hire. 

 

. . . 

 

Need to pick up some good vibrations?  Give us a call! 

Through a unique partnership between the bar association and Jared Correia's Red Cave Law Firm Consulting, National Creditors' Bar Association members have access to experienced law practice management consultants at a special discount rate.

To get started, visit Red Cave's NCBA landing page, and start running your law practice like a business.

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