I tried uni-wb, but found the upside of capturing full DR wasn't enough to compensate for not being able to use the LCD for chimping, especially when shooting outdoors with flash where dialing in rations are a factor. What works for me very well is to set my picture style in camera to neutral and everything else to zero or -4. That gets me the best unbiased histogram (highlight alert is spot on). When I shoot, I either shoot at 5K or a resonable choice of WB, but not auto WB. If possible I put a white target in frame or look for a white target that's not specular. I shoot, check the histogram for blinkies. I back the expsure to 1/3 under the white target blinking.
I also use an incident light meter a lot, along with sunny 16. It just depends on what and how I'm shooting.
Proper WB is very important when trying to squeeze your exposure. To see the difference, open an image in LR with some highlights and set what you think is a good exposure, then move the temp slider and watch the histogram and higlights.
Another thing with regard to LR4 is that, unlike LR3, LR4 tends to knock down highlights when imported using the default profile and tonal curve. When I used LR3, I would use the exposure slider to move the complete exposure up or down. With LR4 I have to set my mid tone, then set my white point and black points. It's taken some time to get used to, but it's nice once I got the hang of it. Exposure in LR4 is more of a mid tone adjustment.