How to make sure you never run out of clients

Share

In my practice, every time I closed a client file I reminded myself that I needed to replace it. My future income depended on it.

Early in my career, this made me nervous. I would look at the void in my file drawer where the active file had been and wonder what I could do to replace it.

At some point, I realized that every client can lead me to at least one new client, and if that’s true, I would never run out of clients.

It’s called, “the power of one”.

Every client can refer at least one new client. If not now, at some point in the future. The clients they can refer can do the same.

Of course this is not always true for every practice area. Not every client can refer, or will. But some clients will refer three clients, or ten clients.

Every client can do something to “replace themselves.” If they don’t know anyone they can refer, they know someone who does. Ask every client for the name of their insurance agent, CPA, or other professional. Ask for an introduction. Ask if you can use their name.

Every client can help you build your contact list. Ask every client to distribute your report, promote your seminar, or forward your email.

Growing your practice by leveraging your relationships with existing clients begins with the belief that what your clients pay you for the work you do is only part of your compensation. In addition to your fee, you expect them to refer at least one client or introduce you to at least one professional contact.

Some attorneys discuss this with new clients when they talk about fees. Some actually put this in their retainer agreement.

No matter what you say, or don’t say, one thing is clear: Attorneys who get more referrals expect their clients to refer.

Share

Has the “Law of Association” Been Repealed?

Share

W. Clement Stone said, “Be careful the environment you choose, for it will shape you; be careful the friends you choose, for you will become like them.”

Our parents, teachers, and spiritual leaders always cautioned us about our associations. If my parents didn’t approve of someone I was hanging around with, they didn’t hesitate to let me know.

Some say we become like the (5) people we associate with most. We are influenced by them. We adopt their habits, behaviors, and opinions.

It’s called “The Law of Association,” but perhaps the word “tendency” would be more accurate than “law”.

If you spend most of your time around people who smoke or drink or have poor eating habits, does that mean you will adopt those habits? You might. But then through your example, you might be the one who influences them to clean up their act.

If your friends are all negative people who complain all the time and see the dark side of everything, it doesn’t mean you will become a negative person. Environment is important but it’s not everything.

But while the people we associate with may not change us, the right ones can expose us to better ideas and better opportunities.

If you associate with successful professionals and business executives, for example, you can gain insights into how they think. You can study what they do. You can model their behavior and their language. By watching them and by seeking their advice, you can learn how to avoid mistakes and improve your outcomes.

Successful people can also open doors for you. They can introduce you to prospective clients and referrals sources, help promote your practice, or point you towards profitable investments.

Who you know, and who you spend time with, does make a difference.

As I mentioned in a previous post, you do have a choice. You can choose to associate with positive people who inspire you and help you grow, and you can disassociate from people who don’t.

But you may have some work to do, first.

People tend to seek out people who are like themselves. We prefer to be around people with similar habits, viewpoints, income levels, and hobbies. Birds of a feather do flock together. And therein lies the challenge.

If you want to associate with successful people who can provide you with better ideas and better opportunities, you have to earn the right to do so.

Why should they associate with YOU? What are you bringing to the table? What better ideas and better opportunities will you be able to share?

There’s another law at work here: The “Law of Attraction”. Like attracts like. Birds of a feather flock together because they are birds of a feather.

If you want to be around successful people, you have to attract them and to do that, you have to become them. You don’t necessarily have to have achieved what they have achieved, but you must have similar philosophies.

That’s why personal development is essential to success. That’s why Jim Rohn said, “Work harder on yourself than you do on your business.”

Share

Take inventory of your marketing to save time, save money, and improve results

Share

Taking inventory of your marketing can help you gain clarity about where you are and make it easier to get to where you want to go.

Here’s how to do it:

Pick a period of time in the past. Six or 12 months will do. Write down how many new clients you took in during that period, who they are, and the amount of income those clients have or will generate for you.

So far, so good.

Next, look at the names of each of those new clients and write down where they came from. You need to know whether they were referrals (including self-referrals, aka repeat clients), or they came from some other source.

You can break this down any way that makes sense for your practice, but I suggest something like the following:

  1. Referrals from clients (including self-referrals)
  2. Referrals from professionals, others; networking
  3. Online (Blogging, SEO, social media, webinars, articles, etc.)
  4. Paid advertising (PPC, direct mail, display, radio, directory, ezine, banners, self-hosted seminars, etc.; if you do a lot of adverting, you should break this up into different categories)
  5. Other (Public speaking, publicity, writing (i.e., trade pubs), etc.)

Okay, now you know where the business is coming from. What now?

Here are my thoughts on how you can use this information:

  • Most of your clients should come from referrals. If they don’t, ask yourself why and what you can do about it
  • If you’re not getting business from some of your marketing activities, or they are too expensive relative to the business they bring you, consider eliminating those activities.  For example, if blogging and social media take up a lot of your time but you’re not getting the clients from it, why do it? Use that time for something that is producing.
  • There will be some cross-over or ambiguities. For example, blogging may not be producing a lot of traffic, inquiries, and new clients for you but it still has value as authoritative content you can show to prospects who come to you via referrals, or to add value for your clients.
  • If something is working for you, do more of it. You can find more time for networking, for example, by reducing or eliminating some or all of the time you spend on (whatever is not working). If advertising in trade publications regularly brings in new clients, increase your media buys in trade publications.
  • Before you cut anything, consider the “back end”. For example, you may be breaking even on advertising (or even losing money) but if you are able to get referrals from the new clients that are produced by that advertising, you’re still earning a profit.
  • If you aren’t in the habit of recording where your clients come from, you need to start. Instruct whoever answers the phone to ask everyone, “Where did you hear about us?” and add a line to your new client intake form.
  • Track these numbers going forward so that you can periodically take inventory and see where you are.

A friend of mine says, “You have to inspect what you expect”. He also says, “You have to slow down to speed up.” Take his advice. Once or twice a year, shut off the phones and email and take inventory. It will help you save time, save money, and improve your results.

Share

What do you do when the case is over?

Share

Think of a file you closed in the last thirty days. The work was done, the client was paid or got their final papers, there’s no more work left to do.

What now? What’s your plan?

If you think in terms of “cases” or “files” or “work,” probably not much. You finished what you were hired to do and you were paid. Gotta go find someone else who needs you.

If you think in terms of “clients” and “repeat business” and “referrals,” you’re just getting started.

Your clients are worth far more to you than what they paid you to handle their case or file. Over time, they may be worth 50 times that amount. But if you leave it up to them to come back when they need you again, or refer someone who needs you, you’re making a big mistake.

It’s up to you to stay in touch with your clients, now, at the end of their case, and forever–until you retire or one of you dies.

It’s called “lifetime value,” and many attorneys never see it because once the work is done, so are they.

Call your client: “Do you have any questions?”

Mail to your client: “Thank you for the opportunity to serve you. Please fill out this survey and tell us how we did.”

Mail something every month: “Here’s something I thought you would like.”

Most of tomorrow’s business should come from the clients you have right now. Even if those clients never hire you again and never refer a single client, they can help you by sending traffic to your web site, promoting your seminar, or distributing your report or video.

So, when the case file is closed, open another file for the client. You have more work to do.

You need to stay in touch with your clients and let them know you appreciate them. Remind them about the (other) services you offer. Ask them what you can do to help them with anything of a legal nature, or anything else. And once in awhile, ask them to help you by liking your page or forwarding your email to someone they care about.

The work is not difficult and it pays extremely well.

Share

Attorney Marketing: Do you have the right attitude to be successful?

Share

Do you do marketing because it’s something you have to do? Or do you do it because you love helping people and marketing is how you find them?

Do you send notes and thank you cards to your clients because it’s a smart thing to do or do you truly appreciate your clients and want them to know?

Do you love it when your clients call you when they need a referral to an insurance broker, car dealer, or building contractor? Or do you say to yourself, “Why are they asking me?”

Marketing has been defined as, “everything you do to get and keep clients”. More than what you do, however, marketing is what you are.

Marketing should be an extension of who you are and what you do. It should not be a department or a project. If you love what you do, if you truly appreciate your clients and the lifestyle they make possible for you, marketing shouldn’t feel like work.

That doesn’t mean you don’t have to make the calls or send the emails. It means that when you do, the words will flow easily and people will know you mean what you say.

If you love what you do and you do what you love, you’ll never work a day in your life.

Share

New law practice: How do I get the word out?

Share

I got an email last week: “Do you have suggestions for getting the word out on new (solo) law firms”

Q: Press releases to big city newspapers?

Unless your announcement qualifies as news, these are unlikely to get printed. If you are semi-famous or you’re planning to do something very unusual in your law practice, a press release might get picked up. Otherwise, probably not.

If you want to go this route, your best bet is to send them to niche publications: small town newspapers (where you grew up or your dad was well known), blogs or magazines in a market where you have a connection, that sort of thing.

Q: Mailing announcements to the Bar list (of business attorneys) and/or business owners?

Announcements mailed to other lawyers or business owners are a waste of time. They don’t know you and they don’t care that you’re opening your own office.

You could mail something they would care about: a free report that helps them protect themselves or their clients or earn more in their business or practice. A postcard that offers a report like that, and sends them to your web site to get it, would cost a lot less than actually mailing the report. It could bring lots of traffic, opt-ins, and eventually, some business. However, even post cards are expensive and you need to know what you’re doing.

This can be a viable way get clients, but for a new practice with limited funds, it’s not the best place to start.

Q: Hiring a service to send email announcements to the Bar list and to our own contact list?

Emailing to people you don’t know (i.e., Bar list) could get you into trouble for spamming. There are legitimate “opt in” lists available where people have given permission to receive email, and there are services that will provide these lists and do the emailing for you, but you would be wasting your time and your money.

Again, they don’t know you and they don’t care about your announcement.

However, emailing or sending announcements via regular mail to your own contact list is a great idea.

You should definitely send an announcement to the people you know. Friends, family, people you know from college and law school, and former employers. If you have a connection of any kind, put them on your list.

They do care about you and what you are doing. They will read your announcement. They may respond and wish you the best of luck. At some point, they may also send some business.

Here are my three “rules” for announcing a new law practice:

  1. Send your announcement to everyone you know; don’t bother with strangers, unless you have a very good reason to do so and the budget to pay for it.
  2. An announcement is okay; a letter is much better. Write a semi-personal letter that gives the who, what, where, when, and why of your announcement. Why are opening your own office? What do you want to accomplish? Who are you looking to help? What will you do for them? People will look at an engraved announcement for three seconds and then throw it out. Those same people will take their time reading a heart-felt letter on plain paper or in an email. They will remember your story and may even share it with others.
  3. Don’t rely on a one-time mailing. Follow up your announcement with additional communication–a newsletter, calls, invitations to your grand opening, personal visits. Stay in touch with them, remind them again and again about what you do and for whom you do it, and ask for their help.

Even if there are only 100 people on your initial list, these are the people to whom you should announce your new practice. They do know you and they are willing to help.

They may not be able to send you any business (right now), but they can help promote your web site, like your page, or distribute your new report. They can help you get the word out.

Share

Marketing legal services the Evernote way

Share

You know I’m a big fan of Evernote. I use it all day long for everything I do in my work and in my personal life. I detailed my use in my Evernote for Lawyers ebook.

I’m also a fan of how Evernote does their marketing. They use a “freemium” model–giving away their apps and service for free, believing that users will fall in love with the product and sign up for the paid service.

Their free service is not stripped down. It has everything most people would want. The paid version provides additional capacity and features.

Evernote understands that the more people who use their free service, and the longer they use it, the more who will subscribe and pay.

Evernote does not advertise. They rely on word of mouth–satisfied users sharing their experiences with the product.

Their model works. Evernote has some 40 million free users and 1.4 million paid subscribers. They have recently achieved a billion dollar valuation.

Attorneys who offer free consultations are following a similar marketing model. The more free consultations they give, the more paying clients they get. Some attorneys take things a step further, offering not just free consultations but free services to get prospective clients to “try before they buy”. If you offer a free will, for example, a certain percentage of clients will want to upgrade to a trust or other paid services.

Evernote does not pressure users to upgrade. They provide upgrade links in their desktop, web, and mobile apps, but users are reminded to upgrade only when they try to use a paid feature or go beyond their free monthly usage limit.

There’s something attractive about a company that doesn’t push you. They give you value, lets you know there’s more available, and leave it up to you to come to them. Contrast that to what many companies do: they push, they chase, they sell.

I don’t know about you but when I’m chased, I usually run the opposite way.

Evernote provides value through their service and also through their blog and newsletter. Their blog provides tips and uses for making Evernote more useful and it’s fun to read.

Marketing consultant Jim Connolly wrote today about Evernote’s newsletter, contrasting it with other newsletters that do little more than sell. He says Evernote’s newsletter gets it right for three reasons:

  1. Their newsletter actually contains news
  2. Their newsletter makes Evernote more valuable
  3. Their newsletter doesn’t push

Connolly and I agree that providing valuable content that enhances the user experience with the product is effective in making the case for upgrading without ever asking users to do so. Their approach attracts us, instead of pushing us away with sales pitches and an abundance of links.

Attorneys deal with issues that don’t always allow for such a laid back approach. If it’s in the client’s best interests to push them to take action, a little push is not a bad thing. Nevertheless, I think we can all learn from Evernote how to be more attractive and let people sell themselves on hiring us.

People like to buy. They don’t like to be sold.

Share

The Attorney Marketing Center: Official Blog of Successful Attorneys Everywhere

Share

My wife saw a coupon this morning for a dry cleaner (seems to be a theme with me lately) that had just changed its name from “Luck Cleaners” to “Joy Cleaners”. Or something something like that.

What caught my attention was the statement, “Official Cleaner of [a well known clothing company]”.

I wondered how they had achieved that. “How does one become the official anything for a well known company?”

Were they doing the cleaning for the company and simply asked if they could advertise that they were the official cleaner? Or did they approach the company and offer to do their cleaning for free or at a big discount, in return for being able to say they were the official cleaner?

It doesn’t matter. What does matter is that a law firm could do the same thing.

If you have a business client who is well known in your niche market, ask them if you could mention the fact that yours is the official law firm for their company. Then, mention your official-ness everywhere. You will be providing social proof of the worthiness of your firm.

You could approach any well known company and offer them free legal services in return for an official designation. But what do you do if the better known companies already have lawyers they are happy with and they aren’t willing to switch, even to get free services from you?

Find a charity and see if they would like some free legal services.

It doesn’t matter how well known the charity’s name is. When your marketing messages say that your firm is the official law firm for the “Save the Platypus Foundation,” or whatever, people will notice. Your name will be associated with doing good work for a good cause.

The press will notice, because you will send out a media release and announce it.

Similar charities will notice because, well, they are similar.

And every company your charity does business with will notice, especially if your offer requires the charity to mention your firm in all of their mailings and advertising collateral.

You should also be able to get yourself invited to the charity’s dinners and fund raisers, hang a banner at the charity’s booth at their industry’s conventions, and network with their board of directors, major donors and supporters.

And because you are the “official law firm. . .,” you’ll be able to reach out to other professionals, business owners, politicians, and other influentials, to invite them as your guest to one of the charity’s events.

I don’t know how this will all play out for you, but I can tell you that this could bring you a lot of business. Even if you never mention that you are the “official law firm,” the contacts you will make and the paying clients that result, will more than pay for the services you donate.

Choose a charity you believe in, of course, something you would support regardless of personal gain. Get excited about their cause. And tell everyone to join you in supporting them.

You will have great Joy and great Luck. I’m not sure if your clothes will be any cleaner, however.

Share

Marketing insights for sole practitioners

Share

My post on going solo brought emails from lawyers who appreciated that I didn’t varnish the truth about how hard it is.

If you are a solo or thinking of opening your own office, I recommend you read Philly attorney Jordan Rushie’s candid post about his experiences in staring his own practice. It’s interesting reading if you want to compare notes, required reading if you’re about to open that office and need to make a shopping list.

Rushie agrees that going solo is almost a crazy idea–a lot harder and more costly than some would have you believe, far more work and far less income than you can imagine. Although he acknowledges that it’s never the “right time” to go solo, if you have a choice, wait until you have the experience, money, and contacts to be able to do it right.

Rushie’s has some interesting comments about marketing for the new solo. Actually, his advice rings true for just about any attorney. He says you don’t need:

  • An expensive, fancy web site. I agree. You need a place to send people to get information about your practice and how to contact you. You can add more content and make things look nicer later on, after you’re making money.
  • A logo. Right again. Although you can get a decent one designed for a few dollars to a few hundred dollars, you’ll waste too much time deciding on the right look. You don’t need a logo, you need clients.
  • SEO Optimization”. Rushie suggests that more traffic won’t necessarily bring you good clients but that it will certainly bring you tire kickers. You can set up mechanisms to screen and filter out the low-quality inquiries and, therefore, get some decent clients, but the time (and money) you will spend are probably better spent elsewhere. Put this on the list for later.
  • A marketing/PR firm. I agree with this, too. Even if you could afford the cost and could find a firm that really knows what they’re doing (many don’t), you’re better off building relationships. Rushie says, “take potential clients to a ball game,” family, friends, and other lawyers out to dinner. No question about it, you will get far more business by leveraging your existing relationships for business and referrals than you will get hiring a marketing firm. I’m not saying you don’t need marketing information and advice. You do. But you’re better off learning it yourself so you can do it yourself.
  • Social Media or a social media consultant. Rushie says he doesn’t rely on social media to build his practice. He gets about 5% of his work from Facebook friends, “but they are usually people I knew from high school who would have called me anyway.” I know there are exceptions, but I hear something similar from a lot of attorneys. Don’t ignore social media but don’t depend on it, either. Use it as an excuse to connect or re-connect with real people because the magic happens when you talk to people or meet with people in the real world.

Rushie says not having a plan on how to grow your practice is a big mistake and of course, I concur. The good news is that the plan is a lot easier, less technically challenging, and less costly than you might think. Build your practice by building relationships.

Unfortunately, unless you know a lot of (the right) people, building relationships may take up a lot of time. Fortunately, as a new solo without a lot of clients or work keeping you busy, you have time to go meet some new people. Unless you’re too busy learning how to practice law.

Share