Pick two: Good. Cheap. Fast.

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With any task or project, you have to consider the results you want, how long it will take to produce those results, and any costs. You almost always wind up with good outcomes with two of these three factors and not so good with the third.

You can vacation in Italy (good) this weekend (fast) but it won’t be cheap. You can lose weight quickly and cheaply by fasting for a week but it won’t be good (healthy).

If you have a document to prepare you can do it yourself (good, cheap), but if you’re busy, it probably won’t get done quickly. You can hire someone to do it and they might do a good job and do it quickly but it could be expensive. Or, you could hire someone that’s fast and cheap but not very good.

It’s all about choices. Good. Cheap. Fast. Pick two.

So, let’s see how this works with marketing professional services:

  • Blogging: Good, Cheap, (but not Fast)
  • Advertising: Good, Fast, (but not Cheap)
  • Networking: Good, Cheap, (but not Fast)
  • Speaking: Good, Cheap, (but not Fast)
  • Articles: Good, Cheap, (but not Fast)
  • Social media: Good, Cheap, (but not Fast)
  • Cold calling: Good, Cheap, Fast (but not a good idea)

Conclusions? Advertising can produce good results quickly so if you have more time than money and advertising is appropriate for your practice, you might include it in your marketing mix. Everything else is relatively inexpensive but good results usually take time.

Of course if you do it yourself (i.e., networking) you have to consider your time as an expense. It might not cost a lot of dollars, but if it takes up too much time relative to the results, it’s expensive.

Also, “good” is a relative term. You might get good clients from a given activity, but not a lot of them. Or, you might get a lot of clients but if they can’t or won’t pay what you charge, that’s probably not a good result.

It’s funny, the one thing lawyers don’t (can’t, won’t) do, cold calling, can actually produce good results quickly and cheaply. Fortunately, there’s something similar that you can do and it works even better: warm calling.

Call your clients and former clients and say hello. Fast, cheap, good results, almost guaranteed.

Marketing is everything you do to get and keep good clients. Click here for the formula.

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Don’t let your reason why become your excuse not to

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You say that one of the reasons you want to increase your income is to have more free time. Time for family, hobbies, travel, fun.

Those things are important to you but you’re always working and don’t have enough time.

More free time is the “reason why” you want to earn more.

But then I hear you say you don’t have time for marketing. You’re too busy.

Do you see the problem here? You want time (your why) because you don’t have time (always working) so you use the fact that you don’t have time as your excuse for not marketing, even though marketing is what will eventually give you more free time.

It is a riddle wrapped in a mystery inside an enigma.

You’re letting your reason why become your excuse not to.

“But I have to do the work,” you say. You can’t slow down. It’s a Catch 22.

You could hire someone to do some of the work.

“I can’t afford to hire anyone,” you say.

Okay, now you’re being difficult.

You hire someone so you can work less so you can have more time for marketing so you can earn more so you can have more free time.

Try saying that ten times really fast.

It’s called leverage. Working smart. Treating your practice like a business.

You can’t wait for more free time to appear before you start marketing. You must start marketing to create more free time.

You can make money or you can make excuses, but you can’t make both.

I can teach you how to leverage your time. Click here.

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How do you find out why they didn’t hire you?

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In yesterday’s post, How often should I call a prospective client? I said you should follow up with a prospective client after a free consultation, but not call them because calling is bad posture. In response, I got an email from an attorney who said, “If you don’t call them how will you find out why they didn’t hire you?”

It’s a good question.

If they don’t call you within a suitable period to give you the go ahead on their case or matter, you can send them a form letter seeking feedback about your office’s “customer service”. Were you well treated, Did we answer all of your questions, that sort of thing. Then, ask if they plan to go ahead with their case or matter and if not, why not. You might provide multiple choice answers for them to tick off, and room for additional comments.

Send this with a cover letter about how you are constantly seeking to improve your services to your clients and you would greatly appreciate it if they would fill out the survey and return it in the envelope provided. You might offer to send them a free report or a $10 Starbuck’s gift card to say thank you.

Anyway, this should give you some feedback on what you’re doing right and what you need to improve. But there’s an even better way to find out why someone doesn’t hire you: ask them while they are still in the office.

 

Before you hand them a retainer agreement and pen, ask if they see the need for your services and how it will help them. If they do, ask if they are ready to get started. (There are other ways to close). If they aren’t ready, politely ask why.

If they need to discuss it with someone, that’s your cue that the next time you set an appointment, you need to find out if you are speaking to the decision maker and if not, make sure they come, too.

If they are reticent to share their reasons, there’s a good chance it’s money: they don’t have it or they think you’re too expensive. If they don’t have it, you can remind them that you take credit cards or have a payment plan. If they think you’re too expensive, you need to do a better job of building the value of what you do before they see you (i.e., on your web site) and during the consultation.

By the way, “I want to think about it,” almost always means they have another objection. Ask them what they want to think about: Is it the need? Is it the fee? Is there something else that’s holding you back?

The best time to get feedback is when they are in the office, feeling a little guilty for turning you down.

Do you have The Attorney Marketing Formula? If you want to get more clients, you should. Click here.

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How often should I call a prospective client?

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A lawyer wants to know, “How often should I call a prospective client after a free consultation or a first phone call?”

The answer is you shouldn’t.

Don’t call. But do follow up.

Don’t call, because calling is bad posture. It makes you look like the pursuer, not the pursued. And that’s true even if you have someone in your office make the call.

You want to attract clients, not chase them. You are a professional. Highly sought after. Booked up.

Let them call you when they’re ready to hire you.

There are exceptions. If the prospect asked you to call. If they called you and you’re returning the call. Or if you are calling to find out if their wife’s surgery went okay.

Otherwise, don’t call.

Follow up by email or regular mail. Send them a thank you note. I enjoyed meeting you, let me know if there’s anything I can do to help.

Courtesy, not sales.

Then, put them on your mailing list. Send additional information about their legal issue. Articles and reports. Emails that direct them to relevant content on your website.

But no personal mail or email.

Stay in touch with them and all of your prospects by mail or email. Each time you mail, it reminds them that you still exist and you’re still available to help. You maintain a bit of distance and the correct posture because you’re mailing this information to everyone on your list, not just them.

Information, not sales.

If they came to see you and didn’t hire you, there’s a reason. If they don’t have the money, or they need someone else’s permission, sending information is about all you can do. When they’re ready and able, they’ll call.

If there’s another reason they didn’t hire you, you need to figure out what it is and fix it. Because until you do, no amount of information is going to get them to call.

Get more clients and earn more from the clients you get. Click here.

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Give up good to go for great

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You can do anything you want to do in life; you just can’t do everything.

You have free will. You have unlimited choices. But you don’t have unlimited time. So you can do anything, just not everything. You must choose.

As you choose what to do, you also choose what not to do. The word “decide” means to “kill the other option”. When you chose to go to law school, you also chose not to go to medical school.

If you want to accomplish great things, you must focus on great things and let go of things that are merely good. Give up good to go for great.

What is important to you? Family. Faith. Career. Community. It’s probably not a long list. What’s important to you is where you will find your greatness. Get those things right and you’ll have a happy and fulfilling life.

Quick note: Today is the last day to get Cash Flow for Attorneys and The Quantum Leap Marketing System (at 50% off). I’ll be taking down these two products tonight and they will no longer be available.

Get the details here.

Is marketing important to you? It should be. Here’s a good place to start.

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Why clients stay with a bad attorney

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Ever wonder why clients stay with a bad attorney? Because human beings are creatures of habit. They’ll stay with the same dry cleaner, mechanic, or attorney, even if they aren’t thrilled with the service, because it’s too much work to find a new one. Plus, the next one might be even worse.

So things might be bad but until they get bad enough, they stay.

But sometimes it doesn’t take much to go from bad to bad enough. How many clients are just one unreturned phone call away from leaving?

How about your clients? You may think everything is fine but is it?

You need to know.

Survey your clients. Take a poll. Talk to them privately. Do whatever you have to do to find out how they really feel because if your clients don’t love you, you will never be able to build the kind of practice I’m sure you want.

But here’s the thing. Other lawyers’ clients are staying with them because things aren’t bad enough. That’s an opportunity for you.

No, don’t go courting other lawyers’ clients. There’s someone at your state bar with a stick up his ass who’s just waiting for you to do that.

What you can do is write and talk about how important your clients are to you. How you bend over backwards to keep them happy. And how any attorney who doesn’t do the same just doesn’t get it.

Post articles on your web site. Do a video. Develop a talk.

Become an advocate for treating clients with respect and kindness and appreciation. If you do, it won’t be long before you are approached by clients whose lawyers didn’t get it.

Marketing is simple. If you know The Formula.

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Why you should get a marketing partner

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You may not want a law partner but you should definitely have a marketing partner.

Seriously.

It will mean more traffic to your website. More sign ups for your newsletter. And more new clients.

Maybe a ho lotta new clients.

So, this is how it works. You find another attorney, or any other professional who targets the same market you do. It could also be a business owner.

It should be someone who does good work (or sells good products). Someone you would recommend to your clients and contacts if they needed those services or products.

You call them, and ask them if they want to be your marketing partner.

They say yes. Sounds like a plan.

And then. . .

You promote him and he promotes you.

You tell everyone on your list and on social media about how great your partner is. You tell everyone to go visit his website and see all of his great content and sign up for his list.

Your partner does the same thing for you.

You both get traffic. And sign ups. And clients.

Of course your web site should have great content. And a mechanism for signing up visitors on an email list. So if you don’t have these things, you might want to do that first.

And then go get you a marketing partner.

But don’t stop there. Go get another marketing partner. Get as many as you can. Because more is better.

And then, you can talk to your marketing partners about doing more things together to promote each other. Like webinars or teleconferences. Or writing articles for each other’s newsletter or blog.

This is easy. And smart. And very highly leveraged.

It’s called a strategic marketing alliance. Or joint venture. Or cross promotion. And it is one of the best ways for any lawyer to build their practice.

Start making a list. Who do you know who is good at what they do, has a decent website and an email list? Then make some calls.

The Attorney Marketing Formula teaches you more ways to leverage other people’s lists. Click here to get your copy.

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Save 50%–but only for a few days, and then never again

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Yesterday, I wrote about the subject of scarcity and how you can use it in your marketing to get people off the fence. When something is in limited supply, or the clock is ticking and a deadline is approaching, a fear of loss kicks in and motivates action.

The ultimate in scarcity is “no longer available.” When you know that something you want (but have not yet purchased) is going away and may never come back, The Force compels you to reach for your credit card. Or something like that.

For many years, I sold a referral marketing course for attorneys. It was the first of its kind and I sold millions of dollars worth of that course, all over the world. I took it off the market a couple of years ago, intending to update and re-release it.

I still hear from attorneys who bought my course, way back in 1996. They want to know when I’m coming out with the new version. I also hear from attorneys who have heard about the course and want to know when they can order it.

The answer is, I don’t know. It’s a big project and I’m working on other things right now and my plate is full.

“Not available” is about as scarce as it gets. People want it but can’t have it. Value increases. Demand increases. The point is, if it was always available and you could order it at any time, that demand and that perceived value wouldn’t be the same.

That’s the rationale behind the “product launches” you see on the Internet. There’s a big run up to the launch and then the product is removed from the market. Once it’s gone, you can’t get it at any price. No surprise, they sell a lot more of the product during the launch period because people don’t want to miss out.

So. . . what if you announced to your clients that you from this point forward, you would only accept clients who are referred to you by other clients. What do you think would happen?

Yes, demand would go way up.

We see physicians do this. When you hear that a doctor is no longer accepting new patients, that’s the doctor you want, isn’t it?

“Who do I know who can get me in!”

Well, you may not be ready to announce something like this. But what you could do is announce that starting next month, you are strictly limiting the number of new clients you will accept.

You’re super busy and can’t give proper attention to everyone (or you want more time for your family) and so you have to be much more selective about who you accept as a client.

That’s something you should do, anyway. Continually upgrade your client base by eliminating (or not accepting) smaller clients and cases or the ones who give you the most trouble.

Announce it, promote it, and you should see demand for your services go up.

Something to think about.

Okay, announcement time.

Later this month, I’m changing over to a different shopping cart and payment system. In order to do this, I am taking two of my products off the market. I probably won’t re-release them, at least for the foreseeable future.

Anyway, before I remove them, I wanted to give you a chance to pick them up at a great price. So for the next few days, you can order either Cash Flow for Attorneys or The Quantum Leap Marketing System at 50% off the regular price.

Here are the details:

Cash Flow for Attorneys shows you how you can increase your cash flow in the coming year by re-structuring your fees, tightening up your billing and collections, and utilizing other strategies for bringing in more cash. Check it out at http://cashflowforattorneys.com

To get the 50% discount, click on the order button and enter the code <final> (no brackets) in the coupon box. Click to “validate” and you’ll see the price change below to reflect the discount.

The Quantum Leap Marketing System shows you how to quickly bring in a lot of new business. It’s over ten hours of videos and comes with some great bonuses. You can see what’s included at http://quantumleapmarketingsystem.com.

Important: When you get to the big box that says, “Add to Cart,” scroll down a bit and click on the link for “one payment”.

On the next page, (near the top), you’ll see a box that asks for a “Coupon”. Enter the code <final>  (no brackets) and click the link to validate the code. The price will change below to reflect a 50% discount.

After you order, you’ll receive a confirming email with download and/or access instructions. Please make sure to download everything as soon as possible. If you have any questions, please email info@attorneymarketing.com.

Please note, all sales are final–there will be no refunds accepted, so make sure this is something you want before you click the button.

You have the rest of the week to get these. And then. . .  they will be gone.

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How to use scarcity to get more clients and increase your income

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Scarcity creates value. When something is in short supply and people want it, its value increases. A soda may cost less than a dollar at any supermarket but that same soda costs $4 at the baseball game where there is no competition.

If you are the only attorney in town, the value of what you do increases. When a client needs you, they will pay a premium price for your help. On the other hand, if there are lots of attorneys in your market who do what you do and a client can choose any of you, the value of what you offer goes down.

This is why you must show prospective clients that you aren’t like other attorneys. You must show them that you are different in a way that is important and valuable to them.

If you specialize in personal injury cases for clients who ride motorcycles, for example, and ride one yourself, your superior knowledge and commitment to that niche market gives prospective clients a clear reason for choosing you instead of other attorneys.

You can learn more about showing people why they should choose you instead of other attorneys you in The Attorney Marketing Formula. Right now, I want to talk to you about another form of scarcity you can use in your marketing: “limited availability”.

You know that people want what they can’t have, right? When you put a time limit or a quantity limit on something you are offering, (assuming it is something people want), it tends to increase demand.

Why?

The first reason is “fear of loss”. They don’t want to miss out. Limited availability suggests that other people are getting something that could be theirs, thus, they are losing something they already “own,” i.e., whatever you are offering. Fear of loss is one of the most powerful motivations there is.

The other reason is “social proof”. As people see others buying what you are offering, it strengthens the perceived value of your offer. It’s like when you see a long line waiting to get into a restaurant. It tells you the food must be good.

You can use limited availability to get more people to sign up for your webinar or other event by letting them know there is limited seating or phone lines. If they wait too long, they might not get in.

You can use the same idea with impending fee increases. “Book your appointment now and lock in our current rates before they go up on the first of the month”.

Anything with a deadline invokes scarcity. If you ever use special offers–discounts, bonuses, freebies–a time limit on the offer (e.g., “This week only”) will almost always increase response.

I do this when I release a new product or service. I offer a discount to early bird purchasers and put a strict time limit on that discount. Wait too long and you miss it. I do the same thing when I hold a sale. The time limit forces people who might otherwise procrastinate to make a decision that allows them to get something they want.

Limited availability also applies to you and your time. If you are always available, you appear less valuable. If you answer your own phone, for example, it suggests that you are not “in demand” by others. Better to have someone else answer your phone and grant limited access to you and your valuable time.

The same goes for setting appointments. You don’t want clients to think you aren’t busy and that they can see you at almost any time. Put them off for a day or three or give them a short window of availability (i.e., “The only time available is Tuesday between 4 and 4:30 and Thursday at 2”.)

Put limits on what you offer, including your time. Especially your time. You’ll get more people waiting in line to get it.

Learn how to get prospective clients to choose you instead of other attorneys. Click here.

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10 signs you are a successful lawyer (marketing edition)

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How do you know you are a successful lawyer? Some measure success in terms of money. Others use milestones like number of clients, courtroom win/loss ratio, or receiving a prestigious award. I knew I was successful when clients sent me thank you notes and gave me hugs.

Today, I want to give you 10 signs of success from a marketing point of view. I got the idea by reading a similar article for small business owners.

  1. Clients send you referrals. The sine qua non of success. Nothing says you are doing things right better than getting most of your clients via referrals from happy clients.
  2. Other lawyers send you referrals. Successful lawyers get referrals from lawyers in other practice areas. The best lawyers get referrals from lawyers in the same practice area.
  3. Non-lawyers send you referrals. Influential people in your community or niche market should have you on their radar and be sending you business.
  4. Clients find you (via search, social, publicity, articles, etc.) You should be getting clients who find your web site through various means and are impressed with your knowledge and experience. The web site should sell them on hiring you or taking the next step.
  5. The media seeks you out (interviews, quotes, profiles). This usually occurs because of a prominent case or client or because a writer or publisher finds your web site and is convinced you are THE subject matter expert for the story they are working on.
  6. You have a list and you stay in touch. Most people who find you don’t hire you immediately. You need to collect their contact information and stay in touch with them. You also need to stay in touch with your clients because they are your best source of new business.
  7. You use strategic marketing alliances. Your client list is paramount. Next best are the client lists of other professionals and business owners. By leveraging the trust they have with their lists, you get exposed to, and endorsed by, those professionals, which should bring you a steady stream of pre-sold prospective clients.
  8. You fire clients. Successful marketing means you have the ability to continually upgrade your client list. You make room for better clients by purging the lowest segments of your client list (lowest paying, least amount of work, slow paying, complainers, etc.)
  9. A publisher asks you to write a book. If your web site (podcast, video channel), has lots of good content, and it looks like you have a good following, a publisher may contact you to see if you want to write a book. They know that book has a built in audience of potential buyers.
  10. Other lawyers ask how you do it. If you are successful in bringing in lots of good clients, other lawyers will ask you to share your secrets.

So, how did you score? Do you some opportunities for improvement?

You may be a good lawyer but are you good at marketing? Here’s what to do.

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