Survival mode

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What’s the minimum you need to earn to keep your practice going? To cover your basic overhead and take home enough to keep the home fires burning?

What’s the minimum you need to cover your “nut”?

Once you have a number, figure out what you have to do to earn that. The activities you need to do to be reasonably assured that you will continue to stay afloat.

Doing this will allow you to identify the activities that are important to your practice right now. What’s essential and what isn’t.

You might realize that if you continue to work with your current crop of cases or clients, you will generate enough work now and, via repeat business and referrals, enough work to keep you going for the foreseeable future.

Cool.

On the other hand, you might realize that while you’re okay right now, you’re not replacing cases or clients fast enough to sustain revenue and continue growing, and you need to do something about that.

Or you might realize that some of your practice areas, services or marketing strategies aren’t bringing in enough revue, at least compared to other things you do. You might see value in jettisoning them or changing them and freeing up resources that are better used doing something else.

Once you have a clear picture of your current reality, take stock of other options. Everything else you could do to create growth and build your future.

Doing this exercise will help you get clear about where you are, where you want to be in the next few years, and what you need to do to get there.

This will help you plan your future

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One of these things is not like the other

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There are two types of prospective clients in the world. Those who don’t know you but will find you or be led to you when they need your help, and those who do know you but don’t need your help right now. 

The first group—those who don’t know you—is a very large group, essentially unlimited; the second group is comparatively miniscule.

People in both groups may hire you. It might be years from now or it might be tomorrow. They also might never hire you, but know people they can refer. 

If you could only market to one of these groups, which would you choose?

Would you choose the massive group that doesn’t know you from Adam or the small group who knows you well?

To answer that, you would have to consider the cost and complexity of getting your message in front of each group., 

Communicating with a small group of people who know you is as simple as emailing, placing a call, or walking up to them the next time you see them. 

Easy to do, zero cost. 

It’s just the opposite with the large group—expensive and/or time-consuming, but potentially worth it given their numbers.

You would also need to consider the element of trust. 

The small group knows, likes, and presumably trusts you. They’ll read your email and take your call. If they need your help, they’ll probably hire you. If they know someone who needs your help, they’ll probably give them your name. 

It’s a much different story with the large group to whom you are just a name in a directory or ad, or someone they’ve heard about but have questions, doubts, and fears. 

This group might hire or refer you, but you have a lot of work to do before that happens. And while you’re in the process of doing that, they might be just as likely to hire someone else.

There are many other factors, but based on size, cost, and trust, which group would you choose? 

The good news is you don’t have to choose one group. You can market to both. 

Early in your career, or if you’re not getting enough work from the people who know you, you’ll no doubt invest more in the larger group of people who don’t. Eventually, when you’re busy and making bank, you might focus primarily on the group of people who know you, because why wouldn’t you?

Over time, your goal should be to increase the number of people who know and trust you and to deepen your relationships with them. 

But, people die and retire, businesses go out of business, and good relationships sour. So it would be smart to continue getting your name in front of the masses who don’t yet know you, and continue to do that until you die, retire, or go out of business.

Enjoy the low-hanging fruit. But keep a ladder nearby.

How to choose your target market and ideal clients

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They key to effective marketing

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You want to bring in new clients and better clients and have them send you lots of referrals, don’t you?

Okay, no brainer.

You also want this to happen almost effortlessly, without requiring a lot of time or effort.

More empty-skullery

Now, you might think I’m going to give you a complicated formula for achieving this—a long list of things you have to know or do.

But I’m not.

I’m just going to give you one thing you need to do. Because if you embrace it and do it, it will bring you everything you ask.

I’m not exaggerating. It was the key to my success in my practice and my businesses. The “one thing” that made everything else work.

It’s not a strategy, technique, or tool. The key to effective marketing is simply understanding your market.

To know all about the market or niche and the people in it. What they want, what they need, what they talk about and worry about. Because the more you know your market, the more you’ll know what to say to them to get them to see you as the solution to their problem.

Not just one solution, the best solution.

The more you understand them and the world they occupy, the more easily you can relate to them and they to you. And the more likely they will be to say yes, give you all their legal work, and refer their friends and business contacts.

Study your market and the people in it. Learn about their fears and insecurities, their pain, their desires, their fears and their doubts.

Yes, it is that simple.

Of course, in order to know your market, you have to have a market. This will help you choose the right market for you.

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Wait, I’ve got more research to do

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Let’s pick up where we left off yesterday, specifically the “do” part of “learn, do, teach”.

I have a theory that says, “the more you research and plan, the less you do,” because there’s always more to learn and better plans to create.

I know. I am regularly plagued by research-itis and the only cure I’ve found is to put down the books, pick up the axe and start chopping.

Old Abe said he would spend four hours sharpening his axe and one hour chopping down the tree (or something like that) but what he didn’t say was, “When the axe is sharp enough, commence chopping.”

But that’s surely what he did and we should do the same.

When you’re “sharp” enough,“ start the project. Write and send the email, plunk down some cash and run a few ads, get in front of an audience and start presenting—and see what happens.

If you don’t like the results, or you want to improve them, do more research, revise your plan, and resume chopping.

Ah, but how do you know if you know enough to start?

Here’s a rule of thumb that might help you:

If you’ve been thinking about doing something for more than a few days, you probably know enough to commence chopping.

This will help

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Learn, do, teach

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Want to get better at marketing your legal services? Find a lawyer and teach them what you’ve learned. Mentor them and guide them from where they are to where they want to go.

We learn the most when we teach what we know because we have to make sure we understand the information and can explain it to someone who doesn’t.

We also have to have done what we’re teaching.

Learn, do, teach.

You’ve already learned a lot. Probably more than you realize. You’re reading my newsletter and, presumably, other newsletters and blogs. You’re taking notes, thinking about how you can use the information, writing down questions and ideas to explore.

But what have you done?

Have you started a newsletter? Are you talking to other professionals about a marketing alliance? Have you sent your information to your clients they can use to identify people who might need your help?

Whatever you’ve done or are in the process of doing, you can start teaching it. When you come across something new, something you’d like to learn, ask yourself, “How could I teach someone what I’m learning?”

What would you tell them? Show them? Ask them to do?

Teaching can mean writing about it. Or speaking about it. Or talking to someone one-to-one and explaining the idea.

You’ll be able to inspire them by telling them what it was like for you when you got started, and what you did to get good at it. And, as watch them and answer their questions, you’ll also inspire yourself. You’ll realize how much you know and can do and then push yourself to do more.

Okay, it’s time. Think about a lawyer you know who might like to know what you know. It’s time to rattle their chain.

How do you bring up the subject? Ask them a question about what they’re doing. Or forward them one of my emails and ask them what they think.

If you’d prefer to talk to a stranger, visit a forum where lawyers talk about marketing and join in the conversation.

What’s that? You don’t feel qualified to teach or mentor anyone about marketing?

Listen up:

You don’t need to know everything about a subject to teach it. You just need to know (and have done) more than the guy or gal you’re teaching.

See ‘ya in the teacher’s lounge.

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What if your clients have no more work for you?

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What would you do if you woke up tomorrow, looked at your client list, and realized it’s shrinking? You have fewer cases and clients than last year. You’re signing up fewer clients, billing less, collecting less, profiting less.

It’s not something you want to think about it but you must. Because anything is possible.

Your business clients might merge, go out of business, or put projects on hold. Your ads might stop producing like they used to. The economy might worsen, referral sources might die or retire, or a better-financed competitor might muscle in on your turf.

Whatever the cause, your reality might be radically different.

What will you do?

Grab a pen, ask yourself some tough questions, and write down some answers.

Yes, do it now, because you need to get out ahead of it.

Look at your numbers and compare them to a few years ago. Look at your goals and ask yourself if your current numbers and rate of growth will help you achieve those goals.

Examine your current sources of business, your marketing channels, your key relationships, and all of your marketing assets.

Examine your strengths, weaknesses, opportunities, and threats.

Then, make some decisions about what you’re doing.

What needs to go? What needs to be refreshed? What’s working and should be expanded, and what can you do to accomplish that?

Then, look at what you’re not doing.

Look at other markets, practice areas, niches, marketing methods, strategic alliances, and other opportunities that could provide significant upside.

While you’re at it, also look at the expense side of the equation. What could you do to reduce costs, increase profit, and build a war chest to prepare for what’s ahead?

Once you have a plan, start working on it. Never stop working on it. Because your future is what you make it.

The Attorney Marketing Formula will help you create your plan

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Selling legal services, et. al.

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Let’s clear this up once and for all: Lawyers sell legal services.

There, I said it.

It doesn’t make you a salesperson, but you can’t deny the fact that when someone hires you, a sale takes place.

The more of your services you sell, the more you earn. Pure and simple.

But that’s not all you sell.

Clients pay for your legal services, but what they want and expect you to deliver, what they really pay for, are solutions to their problems.

They hire you to get the benefits you deliver.

Get better at selling those solutions and benefits and you will sell more of your services.

Hold on. We’re not done.

You also sell clients the “experience” of working with you. How your clients feel having you in their corner, how you treat them and make them feel appreciated, and everything else under the ‘client relations’ banner.

Do a good job of this and your clients will stick around, return, and tell others. Mess up and they won’t.

It’s all selling.

But before clients can see any of this, before they hire you, there’s something else they buy (and you sell).

Your reputation.

You’re judged by your record of accomplishments and the things people say about you.

Even when your reputation is stellar, you still need to sell it because many clients can’t discern this. To most clients, we all look alike.

It’s called “reputation management” but it’s really just more selling.

I’ve got one more for you. Something else you sell.

You sell information.

About the law, problems and solutions, the how-to’s,—via your articles and posts, reports and books, presentations and other content.

Clients don’t pay for this information but you need to sell them on reading or listening, because this information shows them you know what you’re doing and can deliver the solutions they want.

Get better at selling this information and you get more leads and prospective clients contacting you, pre-sold on hiring you.

In fact, if your information is good enough, it will do most of the selling for you.

Which is why I repeatedly tell you to create a blog and newsletter.

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3 reasons to study other lawyers

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This might be hard to believe, but some lawyers know things you don’t know. They may do things you’re not doing, or doing them better, and you can learn a lot by studying them.

You can get ideas for blog posts and other content by consuming theirs, for example. See what topics they’re talking about, especially if those topics are getting a lot of comments and shares, and write about those topics yourself.

Dissect their website. Sign up for their newsletter. Review their advertising, presentations, and offers. See what they’re doing to market or manage their practice.

They don’t have to be super successful lawyers with lots of experience. Just lawyers doing something right. In fact, you’ll probably learn more from someone at your “level” of experience, or a step or two ahead, than someone who is “killing it” in your field.

As C.S. Lewis said, “The fellow pupil can help more than the master because he knows less. The difficulty we want him to explain is one he has recently met. The expert met it so long ago he has forgotten.”

So, information and ideas is the first reason to study other lawyers. The second reason is to find lawyers who might be open to a marketing alliance with you. Someone who will interview you for their newsletter or podcast, for example, while you interview them for yours.

You can share strategies and resources, critique each other’s content, and promote each other’s practice. Help them get what they want and they’ll help you do the same.

Which leads to the third reason to study other lawyers—to find out what NOT to do.

Some lawyers are great at marketing. Most aren’t.

You almost can’t go wrong studying what “most” lawyers are doing and doing the opposite.

How to set up marketing alliances with other lawyers

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Make this your next project

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Before you do anything to bring in new clients, your next marketing project should be to win back former clients and engage or re-engage prospective clients with whom you’ve lost touch.

Former clients know, like, and trust you. Prospective clients may not trust you yet, but they know who you are and have given you permission to contact them.

Send them one or more emails. Reintroduce yourself and your services to people who can hire you or refer you, immediately or down the road.

It’s one of the most effective marketing strategies you can use.

What do you say to them?

Some clients left because they were unhappy about something. They should probably be called and you should be prepared to apologize and make amends. A surprising number will come back and forget all about their differences.

Most clients don’t have an issue, they simply drifted away. So, hearing from you again, even if you don’t say anything special, may be enough to get them re-engaged.

And, you can write about almost anything. Here are some ideas to grease your wheels:

  • Just checking in/How are you?/Thinking about you (It’s amazing how well this works)
  • It’s time. . . (to update something)
  • Have you moved? (Verify their contact info)
  • Check out this (article, video, post)
  • Happy birthday (or holiday)
  • It’s our anniversary (of working with you)
  • I’d like your opinion about (something)
  • I have a question for you
  • A client success story
  • A client who didn’t (do something and got hurt) story
  • A gift to you (free ebook, training, form, checklist)
  • Let’s connect (your social media channels)
  • I’m sorry (for not staying in touch)
  • News (about you, your services, a legal issue) that can affect them
  • An invitation to an event
  • Yeah, just about anything

A few guidelines:

  • Write from “you,” not “the firm”
  • Be yourself; speak plainly
  • Build on what they already know and value
  • Consider including a special offer
  • Tell them what to do (call to action)
  • Invite them to join or re-join your newsletter (so you can continue to stay in touch)

You invested time and money to bring in these clients and connect with these prospects. What might happen when you connect with them again?

You might find one or two former clients who hire you again or send you a referral.

You might find a handful of prospective clients who decide they’re ready to get started.

And you might find yourself smiling all the way to the bank because you’re bringing in an additional ten or twenty or fifty thousand per month that would have otherwise passed you by.

Why not write a few emails and find out?

Email marketing for attorneys

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6 things I learned from writing 2,853 blog posts

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I’ve written a lot of blog posts and thought I’d share some things I’ve learned along the way, to encourage you to either start or re-start your blog:

  1. It gets easier. The more you write, the easier it becomes to write—to find ideas, get the words down, edit, and publish. And the more you write, the better you get at writing, which helps with your other writing and speaking.
  2. It gets faster. The more you write, the faster you get at writing. You can write and post something in less than 30 minutes and get on with your day.
  3. Ideas are everywhere. Everything I read, everywhere I go, everyone I talk to provides me with ideas to write about. The idea for this post came from reading a similar post by a guy who started a blog to build his business.
  4. You can write whatever you want and have fun with it. You don’t have to use your formal lawyer voice if you don’t want to, or spend time finding images, formatting, responding to comments, adding citations or links. Your blog, your rules.
  5. Marketing gets easier. People find you—not just clients and customers, but people who want to interview you for their blog or podcast or present other opportunities (to speak, network, etc.).
  6. It works. My blog brings me a steady stream of (free) traffic, subscribers, clients, and customers. Each post gets indexed and brings more of the same.

And, having a blog means you can also have a newsletter—just copy and paste your blog posts and email them to your list.

You can add a blog to your website or on a separate domain. You can start by posting a handful of articles or anything you’ve written in the past, or answer 5 or 10 frequently asked questions you get from prospective clients (or new clients).

The technology is easy. You can set up a blog in a matter of minutes. And your blog can help you Make the Phone Ring

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