You also learned the importance of having a long-term vision statement and annual goals.
Before we move on to discuss monthly planning and daily activities, let's delve a little deeper into the goal setting process.
There are six major areas of life–Career/Financial, Physical/Health, Family/Home, Mental/Educational, Spiritual, and Social/Cultural. For most people, happiness comes from having a well-balanced life, with success in all six areas.
This doesn't mean you need to set annual goals in all six ares. Some areas may be going well for you right now, or there may be one or two areas that are more important to you this year. Throughout your life, your priorities will change and so will your goals. So, right now, if you want to focus on just one or two areas of your life, that's fine.
For each area of focus, you should have no more than three annual goals. One is even better.
Sometimes, people confuse “benefits” with “goals”. For example, in the area of Career/Financial, you may have a goal to earn a certain amount of money, another goal to buy a new house, and a third goal to pay off your credit card balances. But the second two are really benefits to be obtained from the first goal, so, in reality, you have just one goal.
Right now, I have just one area of my life I’m focused on and I have one goal in that area. There are many benefits to be derived from achieving that goal and there also many sub-goals I need to hit before I will achieve it. This works for me and you should do what works for you. (You can always change your goals.)
For each annual goal, follow these five steps and you will be well on your way to achieving them:
STEP ONE
Make sure your goal is S.M.A.R.T.–Specific, Measurable, Attainable, Realistic, and Tangible. Write your goal in the present tense, as though already obtained, make it specific, and attach a date. Since we’re focused on marketing, here’s an example of a S.M.A.R.T. financial goal: “I’m excited that I am now earning a net income of $15,000 per month, or more, in my law practice, by or before December 31, 2010.”
STEP TWO
Benefits to be achieved
- Pride, feeling of accomplishment
- Pay off debts
- Increase savings, build for the future
- Hire another paralegal, gain more free time
- Reduce stress
Losses to be avoided
- Cancelling next year’s vacation
- Moving to a smaller office
STEP THREE
List (a) “Possible obstacles” to obtaining the goal and, for each obstacle, (b) “Possible Solutions”.
Possible obstacles/Solutions [Examples]
- Obstacle: Me–my lack of patience. Solutions: Read Dale Carnegie, other books, find a mentor who has overcome that obstacle
- Obstacle: Not enough clients. Solutions: Study marketing, set up a blog, join networking group.
- Obstacle: Not enough time: Solutions: Find a “time management” system; hire another paralegal.
This will help you identity actions you need to take on the way to achieving your goals and help you identity sub-goals and projects you need to tackle.
STEP FOUR
List specific action steps you need to do to move you forward towards achieving the goal. Schedule target dates for each of these steps and put these dates on your monthly calendar.
These four steps will help ensure that you have meaningful goals, specific action steps and target dates for their achievement.
STEP FIVE
This goal setting process should be reviewed and re-written each month, at your monthly planning session. Ideally, this will take place a day or two before the end of the previous month. "Always plan next month before next month begins."
Each month, as you make progress towards your goals, circumstances will change and your plan will change. As you move forward, you will conduct a weekly review of your monthly plans and make adjustments to your daily activities. We'll talk about that in our next post on this subject.
Filed under Career satisfaction, Goal Setting, Marketing legal services, Personal development, Productivity by
- Long term vision
- Annual goals
- Monthly plans (and weekly reviews)
- Daily actions
Filed under Career satisfaction, Goal Setting, Marketing legal services, Personal development, Productivity by
I talk to a lot of lawyers who tell me they don't have time for blogging or marketing on the Internet (or any marketing, for that matter). You've heard me say it before, marketing is the most important part of building a law practice.
I don't care how good you are at practicing law, if you don't have (enough) clients, you're going to starve. And while your reputation and the natural referrals that flow to you as a result of doing a good job for your clients cannot be discounted, if you aren't regularly engaging in marketing-related activities, you're making a big mistake.
Marketing will bring you
- More clients
- Better clients
- Better paying clients
- More time (by hiring and/or outsourcing more lawyers and staff)
- Writing and speaking assignments (that further build your reputation and bring you more clients, better clients, etc.)
- Do I need to go on?
In the online world, you need (a) quality content, in (b) sufficient quantity, to attract (c) more traffic to your web site. People come, they see you as an authority who offers value (good content), and they (a) hire you, (b) refer clients, and/or (c) opt-in to your newsletter or other lists whereby you can stay in touch with them until they are ready to (a) hire you, or (b) refer clients.
But that's just for starters. The traffic you generate to your blog who like what you have to say will tell others about you and your blog and those others will, in turn, (a) hire you, (b) refer clients to you, and (c) opt-in to your lists whereby you can stay in touch with them until they are ready. . .
And (and this is the big point) those visitors do the same. On the Internet, the growth of your web site and your practice is geometric, as this recent article explains. More begets more and if you're not leveraging this opportunity for growth, you are missing out.
And so instead of saying, "I don't have time. . ." you should be asking, "How can I find the time. . .", because once you've made that transition, you will find the time. We all have 25 hours a day (God gave lawyers one extra hour) and we cannot manage time, all we can do is manage our priorities. When your priorities change, so will your schedule.
Filed under Blogging, Increase your income, List building, Online Marketing, Referrals, Time Management, Web traffic by
I just got an email from a investment company representative that is a classic illustration of the WRONG way to use email to generate new business.
Hi David,
My group wanted to reach out to you to see if you have any interest in our services.
We are an independent, fee-only investment advisor with a proven track record and compelling value proposition. We have a sophisticated investment process that combines individual bonds and equities/ETFs to produce a tax sensitive, highly liquid, totally transparent, risk managed portfolio. Our philosophy is grounded in academically proven methodologies. We don't do broker talk, just easy to understand investing.
Our CIO was formerly an executive corporate risk manager at BIG COMPANY, and a MAJOR UNIVERSITY grad and CFA. We have a solid understanding of not only equities and bonds but also foreign currency and interest rate risk management. We have retained over 95% of our clients over the last 5 years.
I wanted to see if you were open to exploring opportunities with us? Perhaps I can email you a 1 page breakdown about our firm, bio’s and performance?
Apologize for the email intrusion, however we believe it’s a less intrusive way of an introduction.
Best,
Name
Managing Director
Company Name
Okay, what do you think? Is this likely to bring in any business? What would you do differently?
I'm not concerned that it's unsolicited. It's okay to approach prospective clients or referral sources to introduce yourself in an unsolicited email. But you've got to do it right and the first thing that's wrong with this email is it seeks to do much more than that and takes too much for granted about my interest in using this company's services.
Too much, too soon.
Selling investment services is like selling legal services. It's a process, over time. It's based on a relationship between the professional and the prospective client or referral source and trust is integral to that relationship. Trust takes time and must be earned. (It can also be borrowed from a mutual contact who refers the parties).
Before marriage there is courtship and before courtship is the first date. You haven't even asked me out but you want me to meet your family?
Too much, too soon.
So what's a better offer? How about information that could help me save or make money, like a report or mp3 or newsletter with investing tips, strategies, or predictions? Or, how about an invitation to a free tele-seminar or web-inar? This would not only provide value it would also allow me to identify myself to you as a potential prospect for your services.
Offer something I want and I can have without a big commitment or a sales pitch. Make it easy for me to say yes.
(There's another benefit (to you) of offering valuable information: it gives you an opportunity to demonstrate your expertise, which is much better than you simply proclaiming it.)
An offer must contain a benefit. What's in it for me? What do I get out of it? Had this email offered valuable information I may have been interested in receiving it. The door to our relationship would have opened. You would have gotten my attention and eventually, over time, as trust is built, we might begin courting.
Another problem with this email is that it's all about you–your firm, your experience, you, you, you. Talk to me about me–my concerns, my desires, my portfolio. I'm interested in my life, not yours.
Show me made an effort to learn something about me and what I do, perhaps a comment about my blog . I know it's a form letter but if you had made any effort to personalize it, you'd have a much better chance of getting my attention.
Marketing is common sense. If we met in person, what would you say to get my attention? What would you offer that might make me interested in speaking further?
Emails like this make me think that common sense isn't really that common.
Filed under Advertising, Online Marketing, Referrals by






