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Small Law Firm Marketing

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A client looking for legal assistance today has to make a tough choice. The options available to him are numerous and he really can't choose between them because they all seem to be promising him the same thing. What can you, as a lawyer, do to make his quest easier? Simple, create a brand for your law firm.



With reference to law firms, Branding is how you want your clients and prospects to perceive your law firm. A successful brand is a differentiator, the relevant and positive attributes that makes you stand apart from your competition. These attributes should help your client or prospect to make a decision and enhance your firm's value in their mind.

The differentiating attributes for your law firm could be Price, Size, Practice areas/specialties offered, Response time, Geography/market presence, Expertise/experience, Client list and others. However, make sure your differentiating factor is not just a claim but a long lasting, honest, relevant, demonstrable and unique attribute in your target area. Don't confuse it with an advertising slogan.

Internet marketing can play a major role in almost all aspects of Branding, especially brand communication (visibility and publicity). For identifying attributes and to test your positioning, you could float an email or website based survey on the intranet. Similarly, for competitive research too, you could use search engines and other online marketing tools. Finally, for communicating your new Brand positioning, the internet is one of most cost effective and targeted mediums, allowing accountability and extensive reach.

A good brand can bring you very clear benefits, higher fees and subsequently higher profits. An exhaustive UK study had concluded that brand recognition in professional service organisations, including law firms, is worth a 10 to 20 percent premium in fees. More recently, the 2006 most valuable law firm survey, conducted by Intangible Business, also concluded that better branding results in higher profitability. Specifically, it found that Linklaters, Freshfields, Slaughter and May had higher lead generation profitability due to their strong brands. Arguably, all magic circle law firms in London, which have had a strong brand identity, command higher fee premiums. You might be worried that Branding is a time and cost intensive exercise, suited only for large law firms. But fortunately this is not the case. In fact, by using the latest technological resources, like internet marketing, you can cut down on your branding costs significantly and build your law firm brand in considerably less time. Using the various online marketing tools, such as a website, e-newsletters, and blogs, you can spread your branding across different mediums. You just need to make a start.

To find out more on how to brand your law firm and utilise technology to do so effectively, visit www.legalimarketing.co.uk.
Small Law Firm Marketing
Law firm marketing is comprised of many different elements. The analysis of your firm in law practice management can be complex, however, lets begin with a key success variable – your current client base. Managing your client base is the most important aspect of your law firm marketing efforts. I suggest you begin with grading your clients.

The ABCD Solution

In looking at your client base for law firm marketing purposes, you can use a time-tested method of analysis. This is the key concept of “ABCD clients”. Service professionals of many types use this method to accurately rate and organize their client base. And for effective marketing for law firms, this method is priceless. By the way it is not just about marketing. It is also about serving your clients better than ever.

As you certainly know in schools we use the letter grading system to rank the students in order of how well they perform on papers, tests, quizzes, etc. Similarly we will “grade” our clients. So think of your client grading system for law firm marketing as summing up all the aspects of a good client.

A client who gets an “A” would be one who has reasonable expectations, follows your instructions, is grateful for the work you do as well as courteous and professional in their demeanor with both you and in particular your staff. In fact if you are ever wondering if someone is an “A” client or a “D” client just ask your staff. The “A” client sends you referrals that turn into “A” clients as well. The “A” client is never concerned with the fees you charge since they know your services are worth the cost. They pay their bills on time all the time. And finally, their cases are interesting and substantial matters. Now isn't this the kind of client you are aiming for in your law firm marketing in the first place? Additionally, have you ever heard the old saying “birds of a feather flock together”? This means your “A” clients know a lot of other “A” clients who they can refer to you if you play your cards right.

Of course a client with a “B” grade would have many of the same qualities of the “A” client, but not all. A client with a “C” grade would be closer to a “D” client. A client with a “D” grade is the complete opposite of all the characteristics of an “A” client. They don't have reasonable expectations, they pay their bills late (some not at all), try to negotiate lower fees or retainers, don't follow your instructions (may even think they know better than you do), are rude or unprofessional, they do not send referrals (or if they do they are also “C or D” clients), their matters are not substantial and interesting, and they often complain about normal fees. Not a pretty picture these "D" clients. Let your competitors have them!

In targeting your law firm marketing, “C & D” clients are not the kind of client you want to attract. Most firms find that “C & D” clients take up between sixty to eighty percent of their time and efforts, while only bringing in twenty to forty percent of the firm's revenue. Does it make sense to cultivate this type “C & D” business? Of course not. You need to stop taking “C & D” business and “fire” (ethically of course) any “C & D” business that you can. Even if you only begin with the “Ds” it is a beginning. Quite liberating as well my clients report to fire these folks.

Effective marketing for law firms includes a realistic look at what will bring the best benefit for the best clients. Ridding yourself of clients who are graded a “C or D” is one of the best things you can do for your “A & B” clients. Without spending all your time on the “C & D” problems and concerns, you can pour your attention into your “A & B” clients (moving their matters to conclusion faster thus you can do more of them). Thus the “A & B” clients will be even more satisfied, resulting in more referrals and more business from them. Clearly a “win/win” for all.

Another big, big advantage of spending less or no time on your “C & D” business is you can focus more time on developing your “A & B” referral network. Your increased marketing time and more focused law firm marketing will result in more quality “A & B” business.

What I have found working individually with over 500 attorneys is most of you will need to limit your practice areas to one, two or maybe (and I do mean maybe) three practice areas in order to drop your “C & D” cases. Too many attorneys are practicing “threshold law” that is defined as taking anything that comes across the threshold of your office. In selecting your practice areas try to incorporate cross-salable areas, such as wills and trusts, real estate, and/or estate planning for example. Select the most lucrative practice areas you have and then pour your law firm marketing efforts into those targeted practice areas while focusing on “A & B” clients and referral sources. This may be a bit frightening at first and in the long run you will be extremely glad you did.
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About Author
Both Daniel Nash & Henry Harlow are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Daniel Nash has sinced written about articles on various topics from Software, Fitness and Estate Planning. Daniel Nash is the customer relationship manager of Legalimarketing,leading services of .You are welcome to look our guideline regarding growing t. Daniel Nash's top article generates over 12100 views. to your Favourites.

Henry Harlow has sinced written about articles on various topics from Legal Matters, Marketing and Accounting Guide. . Henry Harlow's top article generates over 22200 views. to your Favourites.
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