Excerpted from a LinkedIn post that resonates with me today:
As a young lawyer, when work was slow, I got nervous, anxious, and fixated on working harder to get busy again. Now, I take a different approach. I tell myself, “Build a fire”.
In law school, Professor, Chief Judge, and former Marine James Baker told a story: It was freezing during a winter live-fire exercise in Infantry Officer school. He and his fellow trainees were shivering and sullen.
During a lull, a Major walked up and barked, what are you doing?
Judge Baker yelled out, waiting for the enemy so we could attack.
The Major said, No, what are you doing freezing?? Build a fire!
Judge Baker built the fire. Soon the soldiers warmed up, rejuvenated, and returned to their ferocious selves more ready to charge ahead.
As a young, ambitious lawyer, work getting slow was worrying. Where would the next deal come from? Would I be slow forever? Would I hit my target hours? I focused on all the things I could to generate business. I would wrote articles, built my skills, networked, scheduled coffee meetings, and made myself busy. This was deeply hurtful to my wife. She had unconditionally supported me when I was busy, but how could I not focus on my relationship with her during work slow times? Regardless of my efforts and anxiety, the next deal always came and I exceeded my billable-hour targets each year. As the economy slows and private equity and venture capital activity decrease, a lot of younger corporate lawyers are biting their nails. Some have reached out to me asking, what should I do when I’m slow?
My response: build a fire.
Invest in the parts of you that you neglected during the busy times. Engage with people who love you. Do the hobbies that make you feel free and happy, and allow your mind to wander.
I deepen my connection to my wife and children. I go on hikes with them and breathe fresh air. I exercise more. I walk my goats to greener pastures and fix the chicken coop. I call my parents, my brothers, and friends that I long since neglected.
I stay up late laughing and sleep a bit later in the morning. Work will get busy again and when it does I will be a more energized, mentally healthy, and productive M&A lawyer.
Even though I love being an M&A lawyer, an M&A lawyer is not all I am. I have other parts of me that must be nurtured and cultivated.
When work is slow, let’s resist sprinting to the next goal post. Instead, stop and build a fire. You will be better for it.