The actual benefits of coaching will vary from one individual to another. But some of the potential benefits are as follows:
Benefits for Lawyers
improved leadership and management skills
increased productivity
better working relationships
increased revenue through more focused practice development
greater integrity in managing and decision making
fewer negative effects of stress
better balance between personal and professional life
improved career planing
greater confidence
Benefits for firms
improved revenues and profits; studies have measured ROI at 500-600% and in some cases far higher
improved organisational performance
retention of high performers and greater staff loyalty
less absenteeism
enhanced operational efficiency and flexibility
improved staff morale and motivation
more effective development and performance of lateral hires
In addition, coaching can unleash the potential of teams and improve their efficiency and performance.
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