How to Make Subjective Assessments Effective

Lawrence Lessig: In some circumstances, if you don't have objective measures for people to do certain things, then the conversations become more difficult. He says law firms get incentives and free riders, free riders; he gives his advice on subjective assessments. More than hiring a CFO by June 1 is worth $5,000 or submitting an updated three-year strategic plan by September 15 will be valued at $7,000 - less than one quarter of what it would cost to hire a full time employee. Lawless: It seems like, again, it's trying to drive behavior with money I don't necessarily believe that is effective way to do it.