The NonBillable Hour

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Partnership for Profits?

Todd talks about the book The Partnership Charter on the 800CEOREAD blog. Todd really liked the book, and I'm going to pick it up based upon his recommendation (it will be my first order from the 800 CEO Read site -- how's that for the power of blogging evangelism). In his post, Todd quotes the following passage from the book:

"Researchers from the Center for Study of Entrepreneurship at Marquette University investigated a sample of nearly two thousand companies and categorized the top performers as 'hypergrowth' companies and those at the bottom as low growth companies. Solo entreprenuers founded only 6% of the 'hypergrowth' companies. Partner founded a whopping 94%, and many of those had three or more founders."

I'm still digesting what this might mean for solo lawyers, but now that I have a partner, I can see how a good partner can make a business hum.