Showing posts with label business development. Show all posts
Showing posts with label business development. Show all posts

Sunday, October 30, 2011

Should Lawyers Have a Personal Brand?

Until I facilitated and spoke about branding at two different lawyer events last week, I wasn't convinced the word "brand" was a relevant concept for lawyers. I didn't even think it worked very well for law firms. While the word reputation seemed more accessible, brand seemed a very amorphous concept that marketing consultants push, with law firms re-branding by changing their logo, colors, tag line and web design. Working through preparation and discussions last week, however, persuaded me that the concept of a "brand" has relevance and value for lawyers.

Brand and branding have hundreds of different definitions. It's easiest for me to think of a brand as the essence or promise of what will be delivered or experienced.

Consistency

Lawyers shoud have a personal brand in the sense that you should figure out what the consistent experiences and expectations are that people have with you as a lawyer and what you want them to be. Ideally you want them aligned.

Lawyers don't need to have a personal brand in the sense of something you describe to someone else. You don't have to be able to tell a prospective client your "brand identity." It isn't a question people ask each other.

For example, Nike doesn't say action, athleticism, performance, excellence and success are its brand. But those are words that capture the essence of Nike athletic apparel and the image that Nike conveys in its marketing. By making sure that its products live up to this image, Nike maintains its brand and the consumer knows what he or she will receive every single time he or she purchases a Nike product.

Capture the Essence

Like Nike, Apple or McDonald's, consider what words capture the essence of you as a lawyer and the consistent experience you want people to have with you as their lawyer. Those words won't necessarily appear in your tag line, elevator speech, website bio, LinkedIn profile, introductions when you speak or author notes when you write an article. But self-reflection will better focus you on your strengths and core values as a lawyer, the services you offer, your reputation, image, style, real interests and fit with your best clients. You will have more clarity on who you are as a lawyer and the consistent experience you provide for your clients.

The Compelling You

With this clarity you can create a more compelling website or website bio instead of using the same buzz words as every other law firm. You can rework your self-introduction to sound more like you. You can write a better personal business plan for 2012 or speak more confidently and directly during your next evaluation.

The clarity and focus will help because you will realize what you do well, what is important to you, how you connect with your clients and colleagues and why they keep coming back to you.

After you identify your brand, you can build brand awareness by raising your visibility and name recognition. Become known by your target market and potential referral sources for the consistency of the services and experiences you provide.

Results

Getting focused and clear on your brand helps you attract more business, advance professionally and have more control over your day, practice and career. Regardless of whether you are in a law firm, corporation, government or elsewhere, a new lawyer or an experienced one, identifying your brand is time well spent.

If you are ready for coaching on branding, please contact me.

Wednesday, August 17, 2011

Tips 2 & 3 on Doing Things Differently

2. Take responsibility for your practice and career.

Many lawyers in firms see themselves as “service partners” working on other partners’ clients without any control over or time for the development of their own practice. It is a self-perpetuating reality until they take big steps to change it.

One partner finally realized it was up to her to assert herself and act more like an owner than an associate. She knew if she wanted to take her practice in a particular direction, she had to put a plan together and get started. She did. Result: her senior partners noticed and initiated the discussion about supporting a workable plan.

A partner at another firm wanted to develop his own book of business but needed time for it. He set parameters for the scope of his involvement on other partners’ matters, managed his time better and let his partners know he was developing a niche. Result: he is steadily building a book of business through referrals and presentations and doing more of the sophisticated work he likes.

3. Timing is rarely right.

“The economy is bad right now." "My kids are little." "My parents need me." "Work is crazy lately." "Maybe when things slow down a bit." "We want to have another child.”

Face it, timing is rarely right. When was the last time you thought “this is a good time to ….?”

Stop waiting for the perfect time. Marketing/business development, time management and career management are never ending processes. Name your fear(s) and make a list of what you will give up if you don’t take action now. People have done it and you can too.

Please contact me if you are ready to start.

Tuesday, August 16, 2011

Doing Things Differently

Most lawyers are creatures of habit, especially when it comes to time management, business development and career planning. They repeatedly do and say the same old things while hoping for a different result.

“I wish I had time to do marketing." "I apply online for in house jobs but I never hear back." "I don’t like talking about myself." "I don’t have any control over my work day.”

Lawyers rarely look objectively at what they are doing, how they are doing it and what they can do differently to improve their results. When they do take a look and start doing things differently, results are often immediate and noticeable.

1. Be intentional. For a different result, stop doing the same old thing.

A lawyer heeded some advice. She responded to a LinkedIn invitation by sending back a message with a coffee invitation to get to know the other person’s practice better. She received a resounding yes and “you’re the first person to ever send back a note in response to a LinkedIn invitation.” Instead of mindlessly accepting the invitation to link in, the lawyer had acted intentionally. Result: within a week coffee was consumed and the door for mutual referrals was opened.

A lawyer wanting a better fit decided to stop hiding in the woodwork. In her firm she always shined the light on her colleagues. She shrank from talking about herself and minimized everything she did. Yet she realized hiding her interests and experience wouldn’t get her closer to her dream job.

So she changed her perspective on talking about herself. Now she shares more about herself with her close contacts and has found appropriate ways to ask for help. Result: after two months of this change, she received a call from a contact about a position that was being held for her. Her ideal contacts list is growing and a firm client requested she take over as its lead lawyer.

What can you be more intentional about?

Next Post: Tips 2 and 3.

If you are ready for coaching to make changes, please contact me.

Wednesday, July 20, 2011

Solo Lawyers: Build a Strategic Network

If your network consists mostly of lawyers who offer the same legal services you offer, your network may not work for you, at least not for getting new clients.

Look at the lawyers in your network and also where your work comes from. Are occasional referrals due to conflicts frequent enough to justify your time? Think about where you can get the greatest return on your time and provide the most value to others who might help you in return.

I know hundreds of solo lawyers who know and hang out with lots of other lawyers who do exactly what they do. ie. criminal defense, family law, consumer bankruptcy, estate planning, probate, personal injury, plaintiffs' employment and immigration. They get to know each other through state and local bar sections, continuing legal education classes, etc. These lawyers have similar interests and common challenges but they don't have many opportunities or reasons to refer much business to each other.

If the above sounds familiar and you would like more business from your network, here are three strategies for boosting your lawyer referrals:

1. Develop meaningful relationships with lawyers who practice in a different area of the law. Get to know these lawyers, help them and become the lawyer to whom they refer all inquiries they receive in your niche practice area. You can start by seeking out and meeting these lawyers at networking events instead of standing around talking to your friends/competitors.

2. Develop meaningful relationships with key lawyers and other people who frequently receive inquiries about lawyer referrals. How do you spot these people? They may be people seen as leaders in the local legal community or perceived as having a vast knowledge of it, and other people with extensive networks. They know lots of lawyers who practice in your niche. To receive their referrals you will have to stand out. You have to earn their trust and respect as a lawyer in your niche, and in general as a professional and personally. Knowing them is not enough.

3. Develop meaningful relationships with lawyers outside of your geographic region and become their contact person for any legal issue in your region. You can then make referrals for these lawyers and they will always think of you regardless of the legal practice area involved. Sooner or later you will get clients through them and from the lawyers to whom you refer the other legal work.

Networking is really relationship building and that takes time. Build your relationships more strategically and you will develop more business. The sooner you start, the sooner you will see results.

If you are ready for coaching on building a more strategic network, please contact me.

Wednesday, June 29, 2011

Social Media, Stereotyping Strengths and Horn Blowing

The ABA Journal published an article discussing whether Web 2.0 plays to women's "strengths" more than men's.

Based on my 22 years in the legal profession, I agree that generally women are less comfortable blowing their own horn than some men seem to be. I don't agree with a view that women are better at building and nurturing relationships and that they are better at using social media to do so.

In fact, I don't see a lot of lawyers using social media to build strong personal relationships. I see lawyers using it to raise their credibility and visibility which is wonderful, but this is not the same as actually establishing and maintaining personal relationships.

Social media is a doorway to relationships but many lawyers stand on the threshold without ever saying hello. For example, if you typically send a LinkedIn request without a personalized message, you are doing exactly what I'm talking about.

Using social media like LinkedIn, blogs and Twitter, plus websites, to provide value, stay in touch and demonstrate knowledge and expertise, increases your credibility and raises your visibility. Regardless of whether you are a female or male lawyer, using social media to do so is often a lower key, more comfortable way to stay visible and/or toot your own horn than sending personal success story emails or walking the halls pounding your own chest.

Why not give it a try?

If you are interested in coaching to enhance your credibility, raise your visibility, develop stronger relationships and bring in more business, please contact me.

Sunday, April 17, 2011

Lawyer Marketing & Business Development: Be Strategic

When I was a first year associate, and for a hundred years thereafter, the common school of thought on business development for lawyers in firms was "learn to be a good lawyer and the work will come." Sometime later lawyers started to advise associates to get involved in an organization or two as an extra curricular activity for marketing and business development purposes.

Rarely, however, did experienced partners advise younger lawyers in firms how and why to be strategic about business development. Rarely did, or do, they talk with them about how people find and hire lawyers, or how and why business might develop from extra curricular activities.

Therefore, associates across the country joined local alumni groups, junior chambers of commerce, women's groups, athletic clubs, etc., without a clue as to how legal work might come their way as a result. And, as a result, they spent a lot of time in those groups without ever getting much legal work.

The main mistake was the lawyers' lack of strategy about who and why people might hire them. They never thought about who they wanted calling them or referring a client to them.

Such lawyers never created a strategic plan that (1) identified a target market of potential clients and referral sources, and (2) laid out how they would reach that target market. Instead, they spent their extra time networking without a plan, hoping that someone they knew would someday need their services or know someone who did.

Granted, lawyers in general, within and outside of firms, are much more sophisticated now in terms of marketing and business development than 22 or even 5 years ago. But I find that many lawyers still do not approach marketing and business development with a clear idea of who they want to hire them and how that market will know of them when they need their services.

People do business with people they know, like and trust. People hire lawyers they know, like and trust. But being known, liked and trusted is not enough to develop business. To get retained as a lawyer, you have to be known, liked and trusted by the people who will need your services or refer you legal work in your practice area.

You can be highly admired and incredibly valuable in your local alumni group but if no one in the group is likely to ever need a commercial litigator or business tax lawyer, or know someone who does, do not consider your involvement to be business development and marketing. It may be an important part of your personal plan, but it is not part of your business development plan.

If you want coaching to create and implement a strategic marketing and business development plan that works for you, please contact me.

Thursday, December 30, 2010

Visualize Success: More Examples of 2010 Successes

I share a few more of this year's real life successes to help lawyers visualize their own definition of success for 2011 and how they can get there. (As always, I've used fictional names for privacy purposes.)

Charles' solo practice grew steadily this first year after he left the firm. By providing excellent legal advice and services and expanding his contacts, he continues to get more referrals, to be hired by other firms for specialty work, and to get repeat business from happy, satisfied clients.

Tamra's niche work continues to increase as she finds ways to let people know what she focuses on and of her accumulating successes. Despite the economy, she had record setting months financially this fall after many years of practice.

By achieving a very challenging personal goal this year, Ally realized that with the right plan she can also take on significant professional challenges that she never would have tried before. And just as she formed new habits to achieve her personal goal, she is creating new habits that help her more efficiently manage her case load.

Matthew created procedures to streamline his work and have more control over it. He focused on building his own practice and set boundaries for when and what he would do to service his partners' work. He raised his visibility and increased his credibility. As a result he took a worry free vacation and brought in more new business and more revenue than ever before after many years in his firm.

Samantha overcame a paralyzing fear of public speaking this year. She now even almost looks forward to her next presentation. Her tremendous growth in this area spills over to her professional presence and confidence within her firm as well. Her value as a partner is being acknowledged more than ever.

Hannah interviewed and was hired for her dream job this year. She overcame an unexpected rough start by focusing on what was most important. Now, thanks to her intelligence, humor, common sense and work ethic, her star is rising at a record setting pace.

If you would like to make changes in 2011 and reach your own definition of success, please contact me.

Tuesday, December 21, 2010

New Associates in Law Firms: Year 1 Business Development Plan

"People do business with people they know, like and trust." Successful franchises survive on this maxim because they are known to consistently provide a good quality product or service. In fact, most successful businesses depend on this principle, including successful lawyers, financial advisors and pediatricians, barbers, hair colorists and babysitters.

Last week I worked with new associates in law firms about how to use this principle to form a basic business development plan for their first year as a lawyer. We talked about the following elements of a plan:

1. Your Reputation (in marketing terms a.k.a. your "brand"): decide now what you want your reputation to be inside and outside of your firm by the end of 2011 and what specific steps you will take to develop that reputation. Be as specific as possible when defining your ideal reputation for your first year and how you will achieve it.

2. Your Network: identify ways to strengthen your existing relationships, rekindle former relationships and establish new ones - - inside and outside of your firm, personal as well as professional.

3. Marketing: learn ways to appropriately let people know what you do as a lawyer. This can include in person, on your business card, through your profile and status bars on LinkedIn, Facebook or other social media, your bio on the firm website, your email signature block, information at the end of your articles, etc. For example, even as a brand new associate, you should practice a brief self-introduction, a.k.a. an elevator speech. Know what services you and/or your firm offer and the types of clients with whom you work. In other words, know how you and your firm help and who benefits.

Just as you should with respect to developing your legal knowledge and substantive skills as a lawyer, watch and learn about business development from lawyers you admire.

You will probably hear and learn that there is no secret formula or a sure thing when it comes to getting clients and developing business. But credibility and visibility are two keys to generating business. So start taking steps to become known, liked and trusted inside and outside of your firm. It's a great time to start.

If you are interested in coaching to get started now, please contact me.

Monday, December 13, 2010

Holiday Parties: Go With a Purpose and a Plan Even If . . .

Networking Survival Tip for Lawyers this Holiday Season: go with a purpose and a plan even if it is a purely social and non work related party.

If you just want to relax, have a good time and talk with your friends, that is your purpose and your plan. Permit yourself to do just that and you will. You will be guilt-free and relaxed.

Similarly, if you are going to a work-related party that you will log as business development time, know your purpose for attending and how you will achieve it. Maybe you want to catch up with five people you haven't seen in a while. Perhaps you want to meet three potential referral sources. How about a new client as a result of attending this party? By going with a purpose and a plan, you will spend your time more effectively and you will be that much closer to getting what you want.

Another word of advice - - only ask for a business card from people you actually connected with and enjoyed meeting. If you can't imagine ever having coffee with someone, sending them an email, or putting them together with someone else, save yourself time and angst afterwards. You don't have to get their card.

Tuesday, December 7, 2010

Business Development for Lawyers: Real Life Examples of Successful Behaviors

Lawyer Patrick provides value first every day. He does this for clients, prospective clients, referral sources and potential referral sources. He doesn't keep score and he doesn't expect anything in return. He goes out of his way to help people. This practice philosophy took time to begin paying off but now it always pays off in engagements, referrals, information or other opportunities. Sooner or later it always pays off.

Lawyer Anya engages with her target market at least twice a week. She has coffee or lunch with people in her target market and attends other events for them. She provides information and puts people together for their own benefit. She looks for and creates opportunities to help her target market. She is increasing her visibility and building her credibility in that market. It took well over a year but now she regularly gets new clients from her efforts, and she can track the clients to those efforts.

Lawyer Karla approaches every day with a business development attitude and belief that she can succeed in getting more clients. She is in court several times a week. She always sees and looks forward to the opportunity to be a great lawyer for her clients in the courtroom. She always sees and looks forward to the effect that has on her reputation in the courthouse. She always looks forward to meeting new people while she is there. She has the same philosophy in situations beyond the courthouse. Her confidence and success attitude, combined with her open, friendly way with people, create opportunities for people to approach her, seek her help or at least want to get to know her. She gets referrals from her clients and from other people who meet and see her in action in the court. She also gets referrals from other professionals and friends who know of her client relationship skills and her courtroom skills.

Of course, these lawyers have other components in their marketing and business development plans. But these three examples demonstrate how choosing and commiting to a behavior, and doing it over and over and over again, leads to success.

What new behavior would you like to establish? What will lead to your success? If you would like coaching to get you there faster, please contact me.

Wednesday, October 20, 2010

Elevator Speeches & Lawyers

What is an elevator speech and why do you need one as a lawyer? Never mind why it's called an elevator speech, just remember two things:
  • It is a short, memorable description of what you do and who you do it for.
  • It is a marketing tool.

You need to have it ready for any time you meet someone new and they ask what you do. You also use it when you introduce yourself in front of a group.

Focus on the benefits you provide. To preclude snap judgments about lawyers and generate interest, focus on the benefits or results you provide and for whom. For example, when asked what you do, you could say "I am a tax lawyer". A more meaningful answer might be "I help small businesses reduce their taxes and be more profitable. I am a tax lawyer."

Connect with your audience. To be more memorable, take your listeners into account and, if applicable, adapt your description to them. For example, "I help small businesses like yours reduce their taxes and be more profitable." An estate planning lawyer could say to a new parent "I help new parents get at least a little more sleep by getting plans in place and having peace of mind. I am an estate planning lawyer."

Have energy. If you are bored with your own introduction, your audience will be too. If you don't believe in what you do, your audience won't either. Find the words that work for you, practice them with other people, and then try them. It's natural to keep revising your introduction until you are really comfortable. To keep from trailing off and keep your energy up, keep it short.

Hint: to find your energy and the words that work best for you, consider what you like most about what you do for your clients.

The keys are keeping it short, simple and descriptive - the benefits of what you do and for whom.

Contact me for a single coaching call to develop and practice your self-introduction. elizabeth@yourbenchmarkcoach.com or 734-663-7905.

Sunday, October 17, 2010

Marketing 101 For Lawyers Without a Marketing Plan

Here are marketing basics I discussed with a group of 12 mediators-in-training today. The group was a mix of lawyers, educators, accountants, business people and others, all of whom had loosely formed ideas about how they want to use their mediator skills. Our time was limited to one hour. As we talked they filled out their worksheet with information that made sense to them personally.

If you keep meaning to put together a marketing plan, but never get around to it, limit yourself to 15 minutes right now and use this outline. The bullet points are just ideas to get you thinking.

Even if you are way beyond Marketing 101, take a fresh look at who you want as clients and ask yourself how you can sharpen your focus. Take a fresh look at your tactics and your tools and ask yourself how you can be more effective.

I. Your Target Market - Who Do You Want To Reach?
  • Who needs your services?
  • What kinds of people or situations do you like to service?
  • Where do you already have opportunities, a lot of connections, a knowledge base, or a reputation? (i.e. Based on your work history, education, extra curricular activities, family, etc.)

II. Your Marketing Tactics - How Will You Reach Your Market?

  • Networking through personal contacts, associations, etc. related to your target market?
  • Referral sources (list them by name and/or by occupation)?
  • Online technology (website, blog, email, e-newsletters, LinkedIn, Facebook, etc.)?
  • Writing and/or public speaking?
  • Advertising?
  • Low tech, low cost placement of marketing material (community bulletin boards, etc.)?

III. Your Marketing Tools - What Will You Use?

  • Register your name as a domain name. Even if you don't use it, no one else can.
  • Create a Google profile for yourself.
  • Business cards.
  • LinkedIn - a simple, no cost way to start a professional presence on the web.
  • Prepare a 30 second elevator speech.
  • Website
  • Blog
  • Brochures
  • Twitter

Choose marketing tactics and marketing tools that fit you. Put your plan in writing. It's not a plan unless it's in writing. Go with your strengths, stay focused on your target market, and get started by taking one small action step and then another and another . . . . The key is to stay focused on your target market.

If you would like coaching to develop a marketing plan that works for you, please contact me.

Friday, July 16, 2010

Effective Use of Social Media by Lawyers

Here is a link to Cherie Curry's article in the Detroit Legal News today on lawyers' use of social media. It includes a bit of advice and some common sense reminders, including a few comments from me and lawyers I know.

Detroit Legal News Article

Thursday, July 15, 2010

Business Development for Lawyers: Why Pick a Niche?

Many of my lawyer clients are either working on identifying and selecting a niche practice or really developing and capitalizing on the one or two specialties and related target markets that already form a part of their legal practice. Some of the broad legal areas in which they practice include business litigation, estate planning, business tax, criminal defense, health law, family law, employee benefits, employment law, construction, mediation and other alternative dispute resolution, business transactions, corporate work, bankruptcy, insurance defense, banking, real estate, etc. But within those practice areas are specialties and niches where they can see, and are seizing, opportunities to develop a client base or expand their book of business.

I have found and witnessed that by developing a niche you can maximize your marketing efforts and resources. You can aim at and organize your marketing around the clients you really want and the services you most want to offer. You will use your time, money and energy much more efficiently and effectively than a haphazard, generalized and exhausting approach that makes you blend in rather than stand out.

Rather than going to numerous random, unrelated, interesting sounding yet ultimately unproductive networking events, spend your time at events involving the target market for your niche. Spend your time identifying and talking to people who are most likely to be good potential clients or good potential referral sources for your niche. Unless you are working on beefing up your credentials, or you get or believe you can get a lot of referrals from other lawyers, don't spend time educating other lawyers through articles or presentations. Focus your efforts and resources on your market niche. Write for and speak to your market.

I know the idea of selecting and developing a niche scares some lawyers, especially newer ones. They think they will lose out on business that might otherwise come to them. But by targeting the specific market niche you want to serve, you are focusing yourself to develop business and you are building a name - a brand - for yourself. If clients outside your niche show up on your doorstep, you can still decide whether to work with them.

If you would like coaching to pick and start developing a niche law practice, please contact me.

Friday, July 9, 2010

Career Advice For Lawyers From LeBron James

Hate it or love it, it seems that NBA superstar LeBron James' decision yesterday to leave the Cavaliers and join the Miami Heat boils down to positioning himself to win NBA championships. He knows what he wants to achieve in his career and he knows he needs help to achieve his goal. He looked for teammates and an organization that he thinks will provide the best opportunity to succeed. He made a tough and controversial decision about his own career.

My theme here is not to encourage you to leave your place of employment. Rather, I encourage you to look at how you can best position yourself to get what you want in your career and then have the courage to take the actions to achieve your goals.

If you want to develop a specialty within your practice or firm, what do you have to do first (and then next and then after that), and whose support do you need?

If you want to work with more than just a handful of lawyers within your firm, what can you do about this and who can help you make it happen? If you have tried and failed, what can you do differently next time? How can you match your needs and interests with the firm's needs and interests?

If you want more referrals, how can you expand your network into more meaningful relationships? How can you first provide value to people who are in the best position to give you referrals? How can you make it easier for other people to think of you and remember what you do when they have an opportunity to make a referral?

If you want more clients, who is in your target market and how can you best position yourself in front of your target market? How can you let more potential clients know what legal services you offer? What can be your unique niche? How can you differentiate your legal services from other lawyers' services?

Instead of sitting in your office wishing your phone would ring, or attending numerous yet random and unproductive networking events, figure out what you want, make some decisions, and take action.

As a client of mine said the other day, you're not going to get a hit if you're not in the batter's box. And you won't even get near the plate if you're not in the game. Or, as some say in golf, never up never in.

So take charge of your own practice and career. Make decisions about what you want and start positioning yourself to get what you want.

Get in the game. Step into the batter's box. Give the putt a good roll. Circling back to basketball, be your own point guard. No one else will.

If you would like help figuring out what you want, making an effective plan and/or taking actions, let's set up some coaching. You'll be glad you did, especially since you still have six months left in the year to make this one your best.

Friday, April 30, 2010

Elevator Speak - - What Not To Say.

Riding in an elevator this week I ran into a lawyer I used to know a little bit. In the space of about 25 seconds of small talk he made two thoughtless remarks. His second remark left me at a loss for words.

Afterwards I realized that his carelessness came from his own current state of mind and could have landed on anyone. I just happened to be the one in the elevator with him at that moment.

Some marketing people focus on elements like elevator speeches. When coaching lawyers about marketing and business development, I keep coming back to the importance of building relationships and using relationship skills. This incident made me think again not about elevator speeches but about relationship skills.

Take a look at your personal interactions and your relationship skills, regardless of whether you are talking with someone on an elevator or elsewhere. Are your interactions positive or negative? Are you a bucket filler or a bucket dipper?

For more on the power of positive interactions, see Rath & Clifton's classic How Full is Your Bucket? http://strengths.gallup.com/114079/Full-Bucket.aspx

I wonder how that lawyer's relationship skills are serving him in his effort to rebuild a book of business.

If you would like coaching to work on your relationship skills, or your 15 second self-introduction/elevator speech, please contact me.

Thursday, April 29, 2010

Lucky Charms? Really?

A Wall Street Journal article yesterday on new research that suggests how lucky charms help people perform better:

http://online.wsj.com/article/SB10001424052748703648304575212361800043460.html?KEYWORDS=good+luck

Doesn't this just boil down to how lucky charms boost some people's confidence, and increased confidence helps improve personal performance?

Instead of, or in addition to, believing in luck, what can you do to boost your confidence?

Monday, April 19, 2010

Don't Let The Clock Run Out.

Where does business come from and how soon will it come? How long does it take to build a practice?

I don't know the specific answer for you to these questions. But I do know that business comes from picking just a few marketing activities for your niche, and doing them consistently, over and over again. It comes from developing name recognition and a solid reputation. It comes from developing credibility and trust. A sustainable practice does not come without these elements.

A newer lawyer I know is closing her practice. She got to the end of her financial resources just as she decided to pick a subniche, identify her ideal client base and start to learn how to reach it through focused networking and marketing. Smart, energetic and passionate, she ran out of time too soon.

If you don't have any idea how to start doing and developing these things, contact me or another lawyer coach. I give complimentary 30 minute coaching calls so that you can experience the benefits of coaching. We can get you going. I don't want you to run out of time.

Do You Know?

"Do you know where you're going to?
Do you like the things that life is showing you?
Where are you going to? Do you know?"

"Do you get what you're hoping for?
When you look behind you there's no open door.
What are you hoping for? Do you know?"

-Diana Ross

Law students, recent graduates and other young or newer lawyers often tell me that they are too new to pick a practice area, they don't know what kind of law they want to practice and they don't know where they are going. They just want a job, or to open a practice, or to start getting more clients.

They have no idea what they want, what to get into or how or why to choose an area or two for practice. Like many lawyers, new ones and experienced ones, they are afraid to pick one or two practice areas and say no to other areas and other potential clients because they may be turning down an opportunity to get paid. They know this can lead to a serious juggling act trying to be a jack of all trades and providing an answer to everyone, but they are young, energetic, eager and in need of money. It often leads to unfocused marketing, wasted time and money, exhaustion, frustration and burnout. It doesn't lead to top of mind awareness with potential clients or referral sources.

In contrast, a lawyer I met last week at the sports law conference said that she thinks the key question to ask yourself is not what kind of law you want to practice, but who do you want calling you? Who do you want to work with? I think it's a more personal way of asking yourself who you want to represent.

Yes, this question may lead to the same answer as what kind of law do you want to practice, but it may get you to the answer a lot sooner and with a better understanding of why. You may not know enough about practice areas to know which to choose, where there is going to be growth and opportunity and which area is well suited for you. But from your life experience, you probably have some idea about how you relate with people and with whom who you might like to work.

If you are already established as a lawyer in a practice area, I think it's also a very good question to use to develop a niche within your area of practice. The answer can help you refine and really focus your marketing efforts and resources.

If you are an estate planning lawyer, what demographic do you want to call you? If you are a business transactions lawyer, what type of business owner do you want to call you? Small, medium, large, startup, fairly new or established? If you are a divorce lawyer, who do you want calling you? Young marrieds, older couples, established and wealthy, up and comers? If you are a criminal defense lawyer, do you want to represent everyone, or do you want to work with young defendants, only defendant charged with felonies, juveniles, all in one county or across multiple counties, etc.? Even think about who you want calling you and working with you as referral sources.

Who do you want to work with? Who do you want calling you?

If you would like coaching to start identifying your ideal potential clients and develop more business, please contact me.

Saturday, April 10, 2010

Communication Spring Tune-Up

Give your communication skills a spring tune-up. Check out the advice toward the end of this article to help you with common stereotypes, perceptions and the fine line that women leaders and managers often have to walk. Although this article focuses on women, it can apply to anyone.

http://www.nytimes.com/2010/03/07/jobs/07preoccupations.html?ref=jobs#

Tune up your communication skills and you will tune up your relationship skills. Better relationship skills lead to business development success, as well as more effective teamwork, management and leadership. Of course, they work in your personal life as well. I know this firsthand from the lawyers I coach!