January 25, 2019
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A frustration for most legal, tax and financial professionals comes from referrals. The general mindset seems to be that if I refer you a new prospect or client, then it’s incumbent on you to refer me one in return. While hopefully no one expects a direct tit for tat, it’s perceived that the relationship’s balance depends on a roughly even exchange.
The greater the imbalance, the more likely it is that the party referring more and receiving less becomes disenchanted. Let’s explore how those of us in the legal, tax and financial industries might instead evaluate and strengthen our professional relationships rather than expect a quid pro quo.
Origin of Quid Pro Quo
The Latin phrase “quid pro quo” initially meant that one thing was substitute...
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