And the award goes to. . .

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I won! I am the best blogger in the legal marketing arena. A NYC law firm just said so. They posted it on their blog, wrote about it in their newsletter, and sent out a press release telling the legal media why they think my blog is la creme de la creme.

Woo hoo! What an honor! I’m going to tell everyone I know!

Okay that didn’t happen. But if it did, I would certainly tell everyone I knew about it and give them a link to the firm’s website where they announced that I had won.

Wouldn’t you?

So, how could you use this idea for marketing purposes? Hmmm, let’s see. . .

What if once a month you announced your “client of the month” and featured one of your business clients on your blog or in your newsletter?

What if you announced an award to a local business or professional practice that isn’t a client but gave you or someone you know great service?

What if you let your clients or subscribers nominate local businesses and then vote on the winner?

Find people or businesses (or charities, community groups, etc.) who are doing something right and honor them with an award. Give them a certificate or a plaque, feature them on social media, interview the owner, and send out a press release.

You’ll get someone who is grateful for the attention and will probably send their customers, clients, or friends to your website to see what you said about them. You’ll get some new subscribers and followers, links to your website, and maybe some new clients.

And you’ll feel good knowing you called attention to someone who deserves it.

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The lifetime value of a client

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Most lawyers invest more time and money in acquiring new clients than in retaining existing ones. And yet the cost of retaining clients is a fraction of the cost of acquiring new ones.

If you want your clients to keep coming back to you, the first thing you need to do is to realize that it’s worth making them happy.

And it is.

Your average client is worth so much more to you than what they pay you for their initial engagement. Their value is an average of all of the fees they are likely to pay you in the future, over their lifetime as a client.

Some clients won’t come back because they don’t need you again, but others will hire you frequently. Some will have small cases, others will have big ones.

And every client can send you referrals, which also count towards their average lifetime value.

Once you understand that the client who pays you $5,000 this year might contribute an average of $150,000 to your bottom line over their lifetime, you will appreciate why it is worth investing in them.

If you only look at the $5,000, you might resist the idea of spending $50 per client per month to stay in touch with clients via a newsletter, birthday cards, and small gifts. If you look at their lifetime value, however, you might look for ways to invest even more.

Consider the cost of acquiring a new client. Take everything you spent last year on anything that could be considered marketing (and don’t forget the value of your time) and divide that number by the number of new clients you signed up.

If you spent $2,000 to bring in one new client who pays you $150,000 over their lifetime, you did well. So I’m not saying you shouldn’t try to bring in new clients. Just that it’s more profitable to keep your existing clients coming back.

It’s also much easier to get existing and former clients to hire you. They already know you and trust you. You don’t have to find them or convince them that you can do the job. If they need your services and you kept them happy in the past, you don’t have to do much to get them to hire you again.

The most effective marketing strategy for any professional is to make an ongoing effort to keep their clients happy. Find out what they want and give it to them. Encourage them to tell you how you are doing and what you could improve. Find out what they expect of you and do everything you can to give them more.

Because over their lifetime, they are worth a fortune to you.

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Charging clients more because you are worth more

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I heard from an attorney who says he gets tongue tied speaking with prospective clients about fees and tends to lean towards charging less. Even then, he’s afraid they will think he charges too much.

I told him to write out what he would say to them if he was confident about his fees–why he charges what he does, the benefits he offers, why he’s worth more than other lawyers, and so on.

Write it, read it, contemplate it. And then post it, or a version thereof, on your website so that prospective clients will be able to read it before they ever speak to you. They will understand that you charge a bit more but you’re worth it.

You might want to try this, too. Write down all that you do for your clients, from soup to nuts. Write down all the little things you do to make their experience with you as comfortable as possible. Write down all of the things you do to help them achieve a successful outcome.

You don’t have to post all of this on your site but you do need to see the value in what you do. You need to understand why you are worth more.

But what if you don’t believe you are worth more?

Then you have work to do. Because if you want to charge higher fees than you currently charge, if you want to charge more than other lawyers charge, you have to believe that you are worth more.

If you believe it, you won’t have any trouble talking about fees. You will do it confidently. It is a selling point for you. You want clients to know that when they hire you they get incredible value for what they pay.

Charging clients more comes down to believing you are worth more.

But keep in mind that when it comes to something as abstract as fees for professional services, value is relative and perception is everything. You’re worth what clients are willing to pay and you’re willing to accept.

No more and no less.

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Marvel’s new superhero is an attorney

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Breaking news: Marvel’s new superhero is an attorney.

Well, it should be. After all, attorneys do for their clients the same things Thor does for Asgardians, and we only think we’re gods.

Clients want their attorneys to keep them safe, vanquish the bad guys, and give them peace of mind. They want their attorneys to have amazing strength and skills and always know what to do. And that is the image we must continually portray.

But clients also want to connect with their attorneys on a human level. They want to know that we can relate to their problems and understand how they feel. They want to know that we are invulnerable on the outside, but on the inside, in many ways we’re just like them.

Show your clients that you are vulnerable on the inside and you will endear them to you. Share some of your failures and shortcomings and how you overcame them. Let them know about some of your faults and fears.

In speaking with clients, in your writing and public speaking, in interviews, let people see that there is a real person inside the superhero costume. Give them a glimpse of your personal life. Tell them what you do on weekends, talk about your kids, your vacations, and your outside interests.

Let them know that while you slay dragons during the day, at night you’re a mom or dad, a husband or wife, and a member of your community. Just like them.

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Are you picking up what I’m laying down?

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What do you do when a client doesn’t follow your advice?

I was discussing this with a subscriber-friend via email recently. He said: “You fire them. . . I can get clients who make me happy. If a client makes me unhappy for an hour, I can’t get that hour of my life back.”

Yes, but, if the check clears, I’m happy. If I can say, “See, I told you not to do that. Maybe you’ll listen to me next time,” I’m happy. If I can charge them even more to fix the problem they created by not following my advice, I’m happy.

Okay, it’s not that clear cut.

Clients can make us unhappy in so many ways. And they do blame us when things go bad, even when it’s not our fault and we have the CYA letter to prove it. And clients do make us want to tear our hair out when they post nasty-grams about us on social media.

So yeah, we should be prepared to fire difficult clients, and replace them with clients that make us happy.

Fortunately, most of our clients are decent and follow our advice most of the time.

But it wouldn’t hurt to spend a little more time explaining the reasoning behind our advice, making sure the client understands that reasoning, and agrees to do what we recommend.

And maybe we should be a little more tolerant when they don’t.

As long as the check clears.

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Could you make it on Rodeo Drive?

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Years ago, when I lived and worked in Beverly Hills, I wore Brioni suits, had a penthouse suite on Wilshire Boulevard, and was busier than a one-legged Irish dancer. So when I needed a haircut, naturally I shot over to Rodeo Drive and visited Vidal Sassoon.

Expensive? Yes. But worth it, at least to me at that time in my life.

They saw me on time and got me out quickly so I could get back to work. Everyone treated me like royalty. And it was peaceful–no chemical smells, bright lights, or incessant chatter.

There were other amenities: easy parking, pretty shampoo girls, soft drinks and snacks of my choosing.

A very pleasant experience, one that I looked forward to as a respite in my tumultuous day.

Oh, they gave a pretty good haircut, too.

I was reminded of those days when I read about a barbershop that charges more by providing better service than most barbershops. The article profiled a customer in New York City who couldn’t imagine paying more than for a haircut but who found, as I had, that it was worth paying more.

But enough about haircuts. The question of the day is, “How much more would your clients pay you for better service?”

Could you charge 20% more? 30% Double?

Doubling your fees is crazy, right? Well, I’m pretty sure I paid Sassoon triple what I would have paid elsewhere. Depending on what you charge now, perhaps double isn’t out of the question.

Next question: “What would you have to do to get that much?”

I can’t answer that for you, but I can tell you it always comes down to the little things. The little extras that make the client feel important, appreciated, and safe. The things that make them say, “Yes, I pay more but it’s worth every penny.”

Now, you may be thinking, “There’s no way my clients would pay a nickel more, no matter what I do.” I’m pretty sure that’s not true, but if it is, you need to get some new clients.

You don’t need to be on Rodeo Drive to be able to charge more. You might want to hire some pretty shampoo girls, however.

Marketing is easier when you know The Formula

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If you could only have one client. . .

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If you could only have one client, who would it be?

Write down their name. Picture them in your mind’s eye.

Now, why would you choose them?

Do they give you lots of work and pay you lots of money? Do they regularly give you referrals? Do you like them and enjoy working with them?

Write down all of the reasons you would choose this client and like to have more like them.

Next, write down everything you know about them. Go through your files, visit their website and social media profiles, think about everything they’ve told you about their job or their business and their personal life.

What are their goals? What are their problems? What do they do best?

Where did they go to school? What does their spouse do for a living? What sports do their kids play?

What do they read? What kind of car do they drive? What’s the favorite restaurant?

Why do this? Because this is your best client and you should learn everything you can about them. You should study them, so you can get closer to them, help them, and find more like them.

We attract what we think about so think about your ideal client. Spend time with them. Appreciate them. Remember their birthdays and anniversaries.

Next, think about your second best client and go through the same exercise. Keep going until you have a short list of five or ten best clients you’d like to clone.

Your ideal clients will lead you to other clients, many of whom will be very much like they are. Birds of a feather, and all that.

Next on the list: do the same thing for your best referral source. If you could only have one. . .

Need help identifying your ideal client? Here you go

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Tazing clients for fun and profit

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Let’s face it, you’re boring. Predictable. Normal. And forgettable. Just like most lawyers.

Yes, people trust you, because they see you as a reliable and stable professional, but that strength, from a marketing standpoint, can also be a weakness.

You don’t want to look and sound like every other lawyer. You want to stand out.

Where’s the flair? The panache? The spark of originality?

Actor and comedian Jonah Hill said, “It’s always better to shock people and change people’s expectations than to give them exactly what they think you can do.”

And he’s right.

That doesn’t mean you should be reckless. Or weird. Just a little different. Maybe not always, but at least once in awhile.

Do something people would never expect you to do. Something small, but significant.

Surprise your clients with a gift. Invite them to your first stand up comedy gig. Write a poem and post it on your website.

Pass out a box of Good N’ Plenty with your business card. Come up with a memorable slogan.

Show your fun side. Be unpredictable. A little shocking.

You want people to notice you and remember you and talk about you, so give them something to talk about.

Of course you want to be known more for your legal talents than your whimsy. But before you can dazzle anyone with your brilliance, you have to get their attention.

So, how will you shock your clients today?

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If John Wooden managed your law practice

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Basketball coaching legend John Wooden was known as a perfectionist. He believed that planning and preparation and attention to detail were the keys to winning. He expected the best from his teams and usually got it.

In his long career, Wooden proved that his methods worked. He left a legacy unmatched in the field of sports and we can learn a lot by studying his methods and his life.

But how much of what he teaches can we use to build a law practice? Can we demand as much from ourselves and our staff as Wooden demanded from his teams?

Let’s think about that in the context of the first client interview.

I suspect that Wooden would have us regularly drill on the questions we ask and the things we say, continually improving how we sound, our body language, and our timing. He would have us study the client intake form to the point where we could recite it in our sleep. He would have us practice everything several times a day.

Every minute would be scripted, every detail drilled to perfection. He would evaluate us not just on whether or not the client signed up but on how many referrals we got before they left the office.

Is that the standard we should seek?

Not in my book.

I’m not saying we can’t learn by paying attention to detail. We can, and we can use what we learn to sign up more clients and get more referrals. But I don’t believe we need to work that hard to get every detail right.

According to the 80/20 rule or The Pareto Principle, in anything we do, only a few things make a difference; most things don’t. If we get the few things right, we don’t need to obsess over everything else.

Let’s say that body language is one of the few things that make a big difference. (I believe it is). If we make eye contact, smile appropriately, and otherwise show the client that we are listening to them and sincerely care about helping them, we’re more than half-way home.

But this doesn’t mean we need to drill on every word we say, where we place our hands, or how we time our gestures. If you truly care about the people in your office, none of that is necessary. If you don’t, none of that will help.

With most things we do, good enough is good enough. Get the important things right, the 20% that delivers 80% of your results, and you won’t need to sweat the small stuff.

Wooden would probably disagree . He said, “If you don’t have time to do it right, when will you have time to do it over?”

Yes, but what if you don’t need to do it at all?

Want to sign up more clients? Get this

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The foundation of all attorney marketing

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The foundation of all attorney marketing is value. The more value you deliver to your target market, the more successful you will become.

When you deliver more value, you get more clients, and better clients, and you’re able to charge higher fees. You get more referrals and fewer complaints. You build a base of loyal fans who are not only willing to help you, they go out of their way to do it.

Value starts with your services, of course, but it’s not just the excellence with which your perform those services. It is a function of everything under the umbrella of “client relations”.

It is the little things you do for your clients that improve their entire experience with you. It’s the way you show them that you care about them as individuals and not just names on a file. It’s how you make them feel about themselves and their decision to put their trust in you.

Maya Angelou said it best when she said, “I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.”

Value doesn’t stop with clients. You also deliver value to your prospects, referral sources, and others who work in, advise, or sell to your target market. Give them more value, make them feel good about knowing you, and they will remember you when they need your services or know someone who does.

You can deliver value to your prospective clients and referral sources through content-rich websites, videos, podcasts, articles, books, and speaking engagements that educate and empower them and help them make better decisions. You can deliver value through free consultations and free seminars, or paid seminars, books and courses.

The foundation of all attorney marketing is value. Find out what your market wants and deliver it to them. Over and over again. Surprise and delight them by giving them more than anyone else in the market, and you will own that market.

Marketing is easier when you know The Formula.

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