Archives for July 2026

Fifty-Four Percent

That number should reframe how every professional thinks about a bad day, a lost case, a client who walks, or a deal that falls through. Attorneys in particular tend to carry losses like weight, because the profession trains you to believe that competence means winning, consistently. But the math simply doesn’t support that belief, not even for the best in the world at what they do. You can build a successful career by being spectacular in aggregate while being almost exactly average point by point. The players and professionals who last are not the ones who avoid losing. They are the ones who have made peace with losing and have built a system sturdy enough to keep producing excellent results anyway.

This was brought home in June 2024, when Roger Federer stood in front of the graduating class at Dartmouth College and told them something that should have felt deflating but instead landed as a liberating truth. Over the course of his career, he played 1,526 singles matches and won almost 80 percent of them. He hoisted 20 Grand Slam trophies, including a record eight at Wimbledon. And yet, across all of those matches, he won only 54% of the points he played. Yes, 54%. Barely more than a coin flip. Federer, one of the greatest to ever hold a racket, lost nearly every second point he played over the course of his career and still became one of the most decorated players to play the game.

What makes losing nearly every second point bearable, as Federer explained, is not a tolerance for losing so much as a discipline about what you do with it. He said that when you’re playing a point, it has to be the most important thing in the world, and it is. But when it’s behind you, it’s behind you. That sentence is worth sitting with because it describes a mental transaction most professionals never learn to complete. The lost point, the lost motion, the client who didn’t sign, the negotiation that went sideways — all of it demands your full presence while it’s happening and then you have to release it the instant it’s over. Federer’s point was that this mindset frees you to fully commit to the next point and the next point after that, with intensity, clarity, and focus.

I think about this constantly in the context of practicing law, because the profession is not built for forgiveness. You lose a motion, and it’s public. You lose a client, and it’s personal. You make a mistake, and it can follow you in ways a missed backhand never will. But the underlying mechanics are the same as they are on a tennis court. Replaying an unfavorable result over and over means you’re not fully present for the next thing. If you treat every setback as evidence of some deeper inadequacy you will eventually convince yourself that inadequacy is real. Federer won so much by being beaten on roughly half of every match he ever played, and he did it by refusing to let any single point outlive its own moment. That is not a tennis lesson. That is a career-long instruction manual, and it applies whether you are standing at the baseline or standing in front of a judge.

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Effortless Is a Myth

There is a certain kind of professional who makes the whole thing look easy. The attorney who stands up and delivers the perfect argument without seeming to reach for it. The advisor who reads a complicated situation in seconds and somehow already knows the move. Watching people like this, it is tempting to assume they were simply born with something the rest of us weren’t, which is comforting because it lets you off the hook. It is also wrong.

What actually produces that kind of polish is not some innate gift, it’s repetition. The argument that looked effortless was rehearsed, revised, and delivered badly a dozen times before it was ever delivered well. The instinct that read the room in four seconds was built by sitting through years of rooms that were misread. Ease, when you actually trace it back, is built on hard work and preparation that has been through enough repetitions that the labor itself becomes invisible. What you are seeing on the surface is the last five percent of a process that took time, being invested, and grit.

Here is the part that gets left out of most stories about grit. Putting in the work does not guarantee the outcome. You can prepare more thoroughly than anyone else in the room, argue the case better than you have ever argued anything, and still lose, because the other side had a stronger set of facts, or the judge saw it differently. Effort buys you your best possible version of the attempt. It does not buy you the result. Professionals who haven’t made peace with that distinction tend to treat every loss as proof that they didn’t work hard enough, when the truth is sometimes simpler and harder to accept: you did the work, and it still wasn’t enough this time. This is not the same thing as failure.

Perfection was never actually on the table, for you or for the person who makes it look easy. You want to reach the point where you’re just further along in absorbing the losses that come with doing hard things repeatedly, and better at not letting any single one of them define what you think you’re capable of. The standard worth chasing isn’t flawless work or guaranteed outcomes; it’s knowing you prepared as well as you could have, and having enough grit left over to show up fully the next time. That is the only version of mastery that actually exists, and it is available to everyone willing to keep doing the unglamorous part, the hard work.

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Friendships Are the Wealth of Life

Nobody puts “number of good friends” on a balance sheet, but maybe they should. Over a career and a lifetime, the relationships you build and protect turn out to matter most in life. I have seen people reach extraordinary professional heights only to look around and realize they did it largely alone and that the summit wasn’t nearly as satisfying as they imagined it would be. The people who seem genuinely fulfilled, not just accomplished, are almost always surrounded by real friendships built over time, through shared experience, honesty, and a mutual commitment to showing up. These types of friendships bring meaning to life.

Sometimes things get in the way of those friendships such as our unwillingness to let things go. Grudges feel powerful when you’re holding them, but the reality is that they cost you far more than they cost the person you’re directing them at. While you are replaying the offense, nursing the resentment, and spending your emotional energy on something you can’t change, the other person is out dancing. They have moved on. You’re the only one still standing in that moment, and it isn’t serving you. The high road is the smarter strategic choice. Be the one who’s dancing.

Letting go of resentment is only half of it. The other half is actively wanting good things for the people you love. Genuine friendship means their wins feel like your wins, and you root for them without reservation. That is harder than it sounds, especially in competitive professional environments where comparison is constant and the temptation to measure yourself against your peers is real. But the professionals and people I most admire have figured out that someone else’s success doesn’t diminish theirs. When you truly care for a friend, a colleague, or a family member, you want the best for them, full stop, with no asterisks attached.

The practical takeaway here is simple even if the execution requires discipline: invest in your friendships the way you invest in anything else that matters. Show up. Be honest. Forgive faster than feels comfortable. Celebrate the people around you loudly and without hesitation. The career achievements are meaningful, but the relationships are what give them context and make them worth having. Long after the deals are done and the titles have changed, what you will remember and what people will say about you is how you made them feel and whether you were truly in their corner. Build that kind of wealth, and you will never be poor.

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Experience Is Everything

Think of yourself as the patient. Your chief complaints include the same routine, the same vacations, the same everything. Your symptoms include days that are the same, vacations that are technically different locations but functionally the same trip, year after year, a vague sense that “someday” you’ll do something different, maybe right after this next busy season, and difficulty remembering the last time you thought about anything other than work, errands, and the next thing on the calendar.

This condition is common. It’s also quietly expensive. Not in dollars but in perspective. This sort of routine blindness doesn’t hurt physically, which is what makes it dangerous. You don’t notice what you’re not seeing.

When you do something different from your norm and get out of your routine you suddenly feel better. Nothing about your trip to somewhere new and doing things out of your “same old” travel routine is medicinal on paper. But something happens anyway – maybe you found new activities you love or even, gasp, disconnected from work long enough to notice the size of the world again.

Then you came home and rewrote your own prescription for the future including different kinds of vacations and different family trips. Not because the one new location you just went to is magic but because distance from the routine is what created the space to think clearly about what you actually want and need. The active ingredient is disruption.

You want to do this before you burnout, not after. Don’t look to the future or wait for retirement to do this because that date in your head has a way of moving, and you may never reach it. It you don’t break out of your routine now, the opportunities you lose are shared memories and a clearer sense of your own priorities. Try to break out of the same old same old and then repeat doing so as often as you can.

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