I’m listening to Peter Diamandis discuss how prizes have spurred innovation from Lindbergh crossing the Atlantic, to private manned space flight, to improving education. This is part of the Reading, Rockets, and ‘Rithmetic episode of the Freakonomics podcast.
Could you apply this to law?
- How about a prize for the best service in a law firm? Wouldn’t you want to know how top firms are keeping their clients happy?
- Or, taking another tack, would you be interested in starting a practice are in a law firm incubator. The business elements are taken care of, but it is up to you to make a go of the practice area you begin?