“You make more money on the cases you decline, not the cases you take.”
Looks like Warren Buffett was inspired by an old lawyer in his younger days when he now says–
“The difference between successful people and really successful people is that really successful people say no to almost everything.”
But then again there was a little bit of economic theory behind both when Abe Lincoln said —
“A lawyer’s time and advice are his stock in trade.”
All of which overlook a basic tenet of self-interest found in Adam Smith’s Wealth of Nations which boils down to the wealth of a single human in dealing with another single human incorporating the basic food drive of two dogs and a bone.
“Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog.”
Or as on old trial lawyer told me when I was evaluating a case…. “Ya need to look at the facts that ‘hurt ya’ and not just those facts that ‘hep ya’! That look see at the beginning of a case and followed by a constant reevaluation as facts develop can be the difference in a successful practice at anything you do and a life of living from paycheck to paycheck.
Just thought I would throw you a bone to chew on today.
