The Big Idea: Taking a Quantum Leap in the Growth of Your Law Practice

September 30, 2011 by
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Donny Deutsch’s cable program, “The Big Idea,” features interviews with entrepreneurs who scored big (or are trying to) in the world of business. The guests discuss their “big idea,” the one that makes their company or product different from all the rest.

In the crowded, competitive world of business, a big idea can propel a company from the depths of obscurity to the heights of financial success. But the big idea isn’t necessarily a new invention or a revolutionary concept. More often, it is a new spin on an old idea that capitalizes on a current trend (e.g., “fast food” restaurants that serve nothing but breakfast cereal).

Allstate Insurance company is running ads that promise to pay cash rebates for every six months of good driving. That’s nothing more than a new way of offering a good driver discount but in my view, it qualifies as a big idea because instead of a discount, the customer gets paid. Getting a check from your insurance company every six months re-sells you on staying with that company because you don’t want to lose “your” check. (It also reminds you to drive safely.)

Amazon’s latest big idea is low priced tablets. They don’t do everything an iPad does but they will probably appeal to a big segment of the market that will pay $200 (or less) but not $500 (or more).

How could you create a big idea in your practice? It might be as simple as taking something every attorney in your market does (e.g., house calls), and re-positioning it (e.g., “We’ll send a limo to pick you up”). It might be something few attorneys do, like the radio spot I just heard by an estate planning firm that prepares living trusts. Their big idea: “free lifetime updates”.

Take some time to brainstorm ideas with your employees or mastermind group. What do you do that everyone else does that you could promote as “your big idea”? Or, what do you do (or could you do) that nobody else does that could be an even bigger big idea?

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Filed Under: Marketing legal services, Wealth Tagged With: , , , , , , , , , , , , , , , , , , ,

Testimonials vs. endorsements: why attorneys need both and how to get them

September 29, 2011 by
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Earlier today, I reported the news about one of my posts being chosen Pick of the Week by SmallLaw, a Technolawyer email publication. It is an honor to be recognized by one’s peers and I hope you are being similarly recognized.

From a marketing standpoint, awards and other mentions, particularly from a peer, are an endorsement of your character or abilities, providing a form of “social proof” to the market that what you do has value and can be trusted. This kind of approbation is even more valuable when it comes, as did this award, unsolicited.

Attorneys should have both endorsements and testimonials in their marketing tool box and leverage them to get new clients and build their reputation.

Testimonials are words of praise from satisfied clients attesting to your manner and abilities. They hired you, they were happy with what you did for them, and they recommend your services to others.

Endorsements are words of praise from peers or other highly regarded individuals attesting to your character or some aspect of your abilities with which they are familiar. Awards from peers are a form of endorsement. A letter from a judge you have appeared before, photos of you with heads of state, or a letter of thanks from the head of a charitable committee you served on are other forms of endorsements.

Testimonials and endorsements can be used throughout your marketing materials to convince people to hire you, to send you referrals, or to otherwise engage with you (e.g., booking you to speak). Their power lies in the value of “third party.” When you say you are good, you risk sounding arrogant (even if it’s true) and your words may be doubted. When a third party sings your praises, it is accepted and far more persuasive.

From this day forward, I encourage you to not only collect and use testimonials and endorsements, but to actively seek them.

You will get them without asking, just as I did my Pick of the Week award. But don’t limit yourself to what may come to you unexpectedly.

When a client says something nice about you, write it down. Send their words to them and ask if you can use those words in a testimonial. Yes, write your own testimonial, based on what your client says.

Or, call your best clients and ask them for a favor: “You’ve been happy with my services, haven’t you? Would you mind providing me with a testimonial letter I can use in my marketing?” When they agree, tell them you want to make it easy for them and ask them to say a few words about your services. Write them down and send them to the client for approval.

You can also solicit endorsements. Call an attorney you know who respects you and ask them. Tell them it’s for marketing purposes and offer to reciprocate.

Another type of endorsement can be had by volunteering on a Bar committee, community group, or other “good work”. You may not get an award for your efforts, but you will get the implied endorsement of the group by simply including your participation in your bio.

Clients often don’t understand what you do and are usually poor judges of your ability to do it. Third party testimonials and endorsements bridge the gap and convince them that you can help them because you helped someone “just like them” or because someone important says you can.

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Filed Under: Leverage, Marketing legal services Tagged With: , , , , , , , , , , , , , , , , , , ,

Farming for law firms: getting a higher yield from your client relationships

September 28, 2011 by
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To be productive, a farm needs acres and acres of land. Rich top soil,  seeds planted a few inches under the surface, within reach of the sun’s rays, regular water, and the loving care of the farmer. The farmer knows that each seed can yield only so much, so he plants lots of them. More seeds, bigger harvest.

A farm is “an inch deep and a mile wide.” Unfortunately, so are many law firms. They plant a lot of seeds, going wide instead of deep, collecting fees and moving from new client to new client. But while a seed planted in the Earth can only yield so much, clients can yield far more than the fees they initially pay.

Each client can also:

  • Hire you again
  • Hire you for other services
  • Provide referrals
  • Introduce you to prospects, referral sources
  • Promote you via social media
  • Send traffic to your web site
  • Recommend your newsletter, ezine, blog
  • Distribute information by and about you
  • Invite their colleagues to your seminars
  • Provide information to you about their industry and/or key people
  • Give you testimonials and endorsements
  • Provide feedback about your marketing

The big money in a law practice is not the initial harvest, the fees earned on front end. The big money is earned on the back end. You may earn $10,000 from a client today, but $100,000 over their lifetime.

To bring in his big crop, the farmer must nurture his seedlings. So must you nurture your clients. Communicate with them. Appreciate them. Acknowledge them. Give to them. Build strong relationships with your clients and they will bear much fruit and continue to blossom for many seasons.

A farm is an inch deep and a mile wide; a law firm should be an inch wide and a mile deep.

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Filed Under: Client relations, Increase your income, Leverage, Marketing legal services, Relationship marketing Tagged With: , , , , , , , , , , , , , , , , , , ,

Five ways lawyers can leverage a win or other successful outcome to get more clients

September 27, 2011 by
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Most lawyers go from case to case, client to client, never stopping to use the successful outcomes they create as marketing leverage for bringing in more clients. That’s because they’re thinking like a lawyer, not a rainmaker.

Instead of rushing from one case to the next, take a few minutes to think about how you can use the successful outcome (verdict, settlement, closing the deal, estate plan, etc.) to get the story told to the people who can bring you more business.

Here are five ways you could do that.

  1. Your client. The best time to talk to clients about referrals is right after a successful outcome. When you hand them a check, sign papers, or otherwise bring things to a climax, it’s prime time to ask for referrals, for a testimonial, or for other help.

    Ask consumer clients to refer you to their friends and family or to other professionals they know. Ask your business clients to introduce you to their vendors or distributors, to write about the case in their newsletter or blog, or submit an article to their local paper. (You can write the article for them).

    The favor you ask your client doesn’t have to be related to their case. They’re happy and willing to help, so ask them to distribute your new report, “like” your new blog post, or invite their friends to your upcoming seminar. And ask them to ask their friends to do the same.

  2. Your other clients and prospects. Write about your successful outcome in your blog and newsletter. Post it on your web site. Do a little bragging on social media channels. Take advantage of the win to let others see you doing what you do, helping others “just like them” achieve the same benefits they seek.
  3. Other parties/witnesses. Send a quick note to the other parties and/or their counsel, thanking them for their professionalism. Send a thank you note to experts and other witnesses, for a job well done. It’s not uncommon to see the losing side hiring the winning attorney or sending referrals or opposing counsel referring clients when they have a conflict. By the way, do the same thing when you lose a case or settle for less than hoped.
  4. Your colleagues. Tell other lawyers you know about your case. Send a letter, speak about it at Bar functions, write an article, point them to your blog post. Tell the story and share the legal nuances, give them tips about the judge or arbitrator or experts. Help them do better on their next case and they will appreciate you, reciprocate with good information on their next case, and send business your way when they have a conflict.
  5. The media. Find something newsworthy or otherwise interesting about the case, your clients or their company and issue a press release or write an article for publication in their trade journal or home town paper. The media are starved for good stories; don’t assume there’s no news value to preparing a living trust for your blue collar client. In the hands of a good writer, there’s always a story to be told.

Leverage means getting more results from the same effort. From now on, leverage your successful outcomes to get more publicity, more speaking engagements, more traffic to your web site, and more new clients.

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Filed Under: Increase your income, Leverage, Marketing legal services, Newsletters, Press release, Public Speaking, Publicity, Referrals, Relationship marketing Tagged With: , , , , , , , , , , , , , , , , , , ,

What I learned in the fourth grade about marketing legal services

September 5, 2011 by
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After my post, “What to say when someone asks, ‘What do you do?”‘ I read an interesting take on the issue at The Non Billable Hour. In, “The Haiku of What You do,” Matt Homann suggests crafting your answer using Haiku.

As you might recall from fourth grade English, a Haiku is a three line poem consisting of 17 words (or syllables), five on the first line, seven on the second line, and five on the third. Homann suggests structuring your response as follows:

  • Who do I help? (Answer in Five Words)
  • What do I do for them? (Answer in Seven Words)
  • Why do they need me? (Answer in Five Words)

The minimalist nature of Haiku lends itself well to an elevator speech. It forces you to get to the essence of what you do and for whom you do it.

Holmann offers this example for a personal injury attorney:

I help injured accident victims

understand their rights and recover medical expenses

from people who are responsible.

Here’s what I came up with for what I do:

I show attorneys how to

get more clients and increase their income

accomplishing more and working less.

Give it a try and see what you come up with. Post your results in the comments.

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Filed Under: Marketing legal services, Networking Tagged With: , , , , , , , , , , , , , , , , , , ,

What to say when someone asks, “What do you do?”

September 2, 2011 by
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The next time someone asks you what you do what will you say?

“I’m a lawyer”?

That doesn’t say very much, does it? It’s a good way to clear the room, however.

“I’m a PI lawyer”?

I used to say that but too many people wondered if I was a lawyer or a private investigator.

“I’m a personal injury lawyer”?

Getting better, but many people still don’t know what that means or how you can help them.

If you’ve ever found yourself searching for the right way to answer this question, help is on the way. All you need to do is follow these three steps:

  1. “You know how. . .?” Orient the listener to the problems you solve.
  2. “I help. . .”. Tell them what you do.
  3. “I’m a. . .”. State your practice area.

Examples:

  • Estate planning: “You know how people want to protect their kids and their spouse in case something happens to them? Well, I take care of everything for them so they never have to worry about that again. I’m an estate planning lawyer.”
  • Personal injury: “You know how people get injured in a car accident or on someone else’s property and want to collect money from the other party or their insurance? I make sure they get their bills paid and don’t get taken advantage of so they can get well and get back to work. I’m a personal injury lawyer.”
  • Small business lawyer: “You know how business owners need to protect their businesses and make better decisions? I help them do that with advice and legal documents. I’m a business lawyer.”
  • Family law: “You know how when people get divorced they want to protect their kids and get a fair property settlement? I take care of that for them so they get what they deserve and can sleep better at night. I’m a family law attorney.”

You can also add a few words about “what else” you do: “I’m a business lawyer. . . I also help business owners collect money that’s owed to them and defend them when anyone sues or tries to make a claim against their company.”

You get the idea.

Answering this way gives the listener a context so they can better understand what you do and how you can help them, or someone they know. It may still clear the room, however.

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Filed Under: Marketing legal services, Networking Tagged With: , , , , , , , , , , , , , , , , , , ,

“What can I do in the next two minutes to grow my law practice?”

August 31, 2011 by
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I know, you’re busy. I also know you have lots of ideas for getting more clients and increasing your income that you aren’t doing. You’re so busy with work, there’s no time for anything else. But actually, there is.

It’s called, ‘marketing in the moment”.

It doesn’t require you to set aside a half day, a weekend, or even an hour to work on marketing projects. Marketing in the moment means taking advantage of the little snippets of time we all have throughout the day to do the “little things” that, in the aggregate, help your practice grow.

The idea is simple (as all great ideas are). Throughout the day, as often as you can, ask yourself, “What can I do in the next two minutes to grow my practice?”

There are lots of things you can do in two minutes. You can

  • Call a client to ask if he knows about your new Facebook fan page
  • Send an email to a prospective referral source
  • Review your notes for your upcoming speech
  • Jot down some thoughts for an article
  • Brainstorm ideas for a new report or seminar
  • Write a list of new key words for your web site
  • Check in with someone who’s working on a project for you
  • Check out a competitors web site
  • Read the comments on a book you’ve been thinking about ordering
  • Read another article on this blog

Periodically throughout your day, between phone calls, while you’re driving, while you’re eating lunch, or whenever you think about it, pause and ask yourself, “What can I do in the next two minutes to grow my practice?” (You may want to write the question on a sticky note or index card and put it where you can see it.)

You’re asking your subconscious mind, of course, and it won’t disappoint you. While you’ve been working and sleeping and doing all the things you do, your subconscious mind has been working on your ideas and coming up with new ones, and, because you asked, it will deliver those ideas to you in bite-sized, two minute chunks.

You’ll remember people you may not have thought about and you’ll call them or email them. You’ll open your bookmarks and see a web site you’ve been meaning to look at. You’ll jot down ideas for your newsletter or blog. You’ll do a lot of things you may never have done had you not asked that question.

Try it. Ask yourself that question right now. Then go do it.

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Filed Under: Marketing legal services, Productivity, Time Management Tagged With: , , , , , , , , , , , , , , , , , , ,

A simple marketing plan for attorneys

August 30, 2011 by
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Yesterday, I said there are two mistakes lawyers make in marketing their services: not having a plan and not executing that plan. Today, I want to help you create a simple marketing plan for your law practice.

Why simple? Because if it’s not simple, you won’t do it.

Forget complicated. Forget long term. A simple plan has a few steps and a short time frame–this month, this week, today. You can create this plan in a few minutes; you can execute the plan a few minutes a day. Short, sweet, do-able. Baby steps, followed by more baby steps.

Most plans are overwhelming. Pages of tasks and sub-tasks, market research, resources, footnotes. A simple plan fits on a sticky note.

So let’s get to it. Let’s create a simple plan and let’s use a magic number: three. Three things. Not seven or seventeen, just three. Why three? Because you can remember three things. You won’t even need a sticky note.

We’ll start with some objectives:

  • Three new clients a month
  • Three prospects a week
  • Three actions a day

Your goal is three new clients a month. (Feel free to adjust these numbers for your practice.) In order to get them, you’re going to get three prospects each week. In order to do that, you’re going to perform three marketing-related activities each day.

So far so good. Easy peezy.

Now, let’s brainstorm some ideas. Write down your ideas–this is not your plan, it is thinking on paper which will help you create your plan.

NEW CLIENTS

There are different kinds of “new clients”:

  • Never hired you before
  • Former clients who hire you again
  • Existing clients with new engagements

Choose one. Let’s say, “never hired you before.”

PROSPECTS

Let’s define a prospect as someone who looks at some information: a brochure, a web page, an ad, a recorded seminar–something that lets them see what you can do for them. Let’s say you’ve written a report on a subject of interest to your target market. Your objective for the week is to get your report into the hands of three people who have never hired you.

Again, simple, and do-able.

ACTIONS

There are many ways to get information into the hands of a prospect. You can do that via

  • Phone
  • Email
  • Social media
  • Advertising
  • Snail mail
  • In person
  • Articles
  • Speaking
  • Etc.

Let’s use your existing network of clients and professional contacts as the conduit for distributing your report and phone and email to do that. So, here are your action steps, in preparation for executing your plan:

  1. Write a report.
  2. Make a list of clients, former clients, and professionals you can contact.
  3. Calendar 15 minutes a day for calls.

Now, here’s your plan:

  1. Monday through Friday, between 3pm and 3:15pm, I will call three people on my list.
  2. I will tell them about my report, confirm their email, and tell them I’m sending the report to them.
  3. I will ask them to forward the report to people they know who might be interested in reading it.

A simple plan. One you can do. One you will do. And one that will work.

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Filed Under: Marketing legal services, Marketing Plan Tagged With: , , , , , , , , , , , , , , , , , , ,

Do you make these mistakes in marketing your law practice?

August 29, 2011 by
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There are two mistakes you can make in marketing your law practice and unfortunately, most attorneys are guilty of both.

What are the two mistakes?

  1. Not having a marketing plan, and
  2. Not executing that plan.

As a result, most attorneys don’t do any marketing, at least not with any consistency. Let’s face it, if you don’t have a plan–a list of projects and tasks and a schedule for completing them–any marketing activities you do will be sporadic and isolated. You’ll never generate momentum or sustained growth.

Having a cool web site (or any web site)  may be good for your ego but if you don’t have any traffic to it, that’s all it will be. Traffic doesn’t happen by itself. You need a plan and you need some activity or that traffic will never materialize.

Don’t get down on yourself. The problem isn’t you. It’s not a lack of self-discipline, poor organization, or bad habits. You aren’t lazy and you don’t need to get motivated. What you need is a better plan.

You need a plan that is

  1. Simple (so you can do it), and
  2. A good fit (so you want to do it).

If you want to do something and you believe you can do it, you will do it. You won’t have to force yourself to do things you don’t want to do, you’ll do it because you enjoy it.

In his remarks to the 2005 Stanford graduating class, Steve Jobs said, “Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.” A friend of mine puts it this way: “When you love what you do and do you what you love you’ll never work another day in your life.”

If you don’t enjoy being a lawyer, common sense says to either change careers or find some aspect of practicing law you do enjoy. That might mean a different practice area, different clients, or a job with a different firm. If you don’t, you’ll never be happy and you’ll never do “great work.” The same can be said for marketing.

The good news is that there are lots of ways to market legal services and you only need one or two. You don’t have to be good at networking AND writing AND seminars AND getting web traffic AND social media AND referrals. Pick something that sounds good to you or feels right. For once in your career, put logic aside and listen to your gut.

Maybe nothing feels right or maybe you don’t know enough yet about the different options. That’s okay. Make no decisions, take a step back and simply learn. Read, observe, see what others are doing. Soak it all in and eventually, you’ll find something that’s a good fit.

And then, you need a plan. We’ll talk about that tomorrow.

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Filed Under: Career satisfaction, Inspiration, Marketing legal services, Marketing Plan Tagged With: , , , , , , , , , , , , , , , , , , ,

Steve Jobs’ resignation: what it means for your law practice

August 25, 2011 by
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Steve Jobs’ abrupt resignation yesterday had social media buzzing about the news and what it means for Apple (which saw its stock immediately drop, and then rebound) and for the tech world. Every news channel and blog had something to say and the tweets and wall posts abounded.

But what does his resignation mean for attorneys? How will this affect your law practice?

Well, unless you work for Apple or one of their affiliates, it won’t affect your practice at all.

So. . . why the tease? Was my headline a gimmick to get more clicks?

Well, yes and no.

It’s true that I don’t have anything to say about how this news story will actually affect your practice, and while that smacks of gimmickry, there is a lesson in this.

The headline that brought you here illustrates an important marketing technique: tying your message–blog post, tweet, post, email–to something already on the minds of your readers or followers. According to a new Kindle ebook by Dan Zarrella, about the science and metrics behind social media, this is called “priming”. Zarrella says,

“If a subject is exposed to something related to your idea before he actually encounters your idea, he’ll be more sensitive to it, and this makes it easier to catch his attention. . . .

“The easiest way to make priming work for your idea is to create timely content. If there is a topic or news story currently making the rounds in your target audience, relate your idea to that topic, and the zeitgeist will do the priming for you.”

And so, primed as you were by the news of Jobs’ resignation, you were more inclined to click through to read this story. Yes, I cheated a bit with my headline and yes, it would have been better if I had something to say about how the resignation affected the legal profession, but then this would have been a very different blog post.

Zarrella’s book is brief, not at all dry, and has some great insights and data, such as the most and least re-tweetable words and the best times and days to tweet, blog, post to Facebbok, and send email. “In many cases, the most effective times to send are the less popular times. Because your messages have less clutter to compete with, they break through.”

Zarrella also says that people share on social media not for altruistic reasons but because the information they share reinforces their reputation. People prefer to share breaking news, for example, because it is scarce, rather than humor or opinion which is all too common.

Some might say that putting news in your headlines to piggyback on what’s already on the minds of your readers isn’t a new idea, and they would be right. I’m sure this post, with the headline, “Man Accidentally Impregnates Goat,” is getting lots of traffic. Like my post, the lesson is in the headline, not the story. (Be sure to download the free ebook he mentions, “How to Write Headlines That go Viral with Social Media”.)

So, not a new concept. What’s new is that now, social media metrics let us quantify what we always suspected, while leading us to discover ideas that never crossed our minds.

Zarrella’s book is also free, through August 27.

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Filed Under: Book review, Copywriting, Marketing legal services, Online Marketing, Social media, Social media marketing, Writing Tagged With: , , , , , , , , , , , , , , , , , , ,
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