One of my lawyers' office was closed by auctioneers after he forgot to pay rent for over six months. A few years ago, another lawyer was disbarred for mismanaging client money. I stopped dealing with another lawyer because he had so much work, he couldn't attend to mine.

Another top law firm is losing its junior lawyers because the managing partner and owner of the firm often withdraws large sums, and his workers' salaries get delayed. You might be tempted to tell me my choice of lawyers is poor, but the irony is that I personally know all these lawyers and they are all brilliant people and excellent in their areas of competence. So, why do their firms fail?

Many professionals do not realise that running an office like a legal firm is not the same as being a good lawyer and requires a different skill set. They evaluate their professionalism using the criteria of their respective professions therefore, if I am a good lawyer then I am automatically a good manager.