Find the Cost of Opportunity

October 1, 2018

Reprinted with permission from American Bankruptcy Institute Journal, October 2018

Economists have long used the concept of opportunity costs to quantify the choices made among mutually exclusive options. In effect, every choice involves a "cost" associated with the thing not chosen and the benefits that might have been alternatively realized. Attorneys make a similar kind of calculation all the time in connection with the way one's practices and careers are developed. These roads taken — and not taken — comprise the balance that we all strive to attain between work obligations and personal desires.

Becoming certified by the American Board of Certification (ABC) in business bankruptcy, consumer bankruptcy or creditors' rights law provides attorneys with an opportunity to stand out among their peers, attend networking events with other certified practitioners and pave their paths to other leadership opportunities. Read More

Copyright © 2018 by Ballard Spahr LLP.
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