Business Development and Marketing for Lawyers

Business Development and Marketing for Lawyers
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Attorneys learn a lot in law school, but one important thing they don&#39;t learn much about is marketing. In today&#39;s opportunity-laden marketing environment attorneys have many outlets to choose from&ndash;which can be both a benefit and a challenge. This book provides an overview of marketing and its implications for attorneys in solo, small, mid-size or even large firm environments. <br><br>You will learn about the elements of the promotion mix, advantages and disadvantages of each; how to generate publicity and media coverage; the importance of your web site and how to maximize it for effectiveness; how to use social media effectively; developing marketing plans and best practices in business development and networking.<br><br>Importantly, this book offers a strategic approach to marketing focusing not on &quot;one-off&quot; tactics, but on developing strategies to drive desired outcomes. <br><br>The practical approach taken will provide you with many key takeaways and action items that you can immediately implement to grow your practice.

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Justin Grensing. Business Development and Marketing for Lawyers

PART I: The Basics. Introduction

What Is Marketing?

Why Is Marketing Important?

Lawyers and Marketing

Competition

Everybody’s Doing It

Uninformed Market

How Is Marketing Different for Lawyers?

Ethics

States

Predicting Need

Self Marketing

Time and Money

Key Takeaways:

Marketing Basics

The Four Ps

Product

Price

Place

Promotion

Identifying Your Target Market

Segmenting, Targeting, and Positioning. Segmenting

Targeting

Positioning

Differentiating Your Firm through Positioning

Finding Your USP

Key Takeaways:

The Promotion Mix

Advertising

Personal Selling

Sales Promotion

Public Relations/Product Publicity

Key Takeaways:

The Media Mix

Print

Radio

Television

Outdoor

Yellow Pages and Directories

Direct Mail

E-mail Marketing

Internet

Websites

Pulling It All Together

Key Questions

Integrated Marketing Communications

Key Takeaways:

Developing Key Messages and Advertising Copy

Effective Marketing Messages

Attention

Interest

Desire

Action

Getting Creative

Key points for writing action-oriented copy:

Quick tips for better results:

Key Takeaways:

Your Brand

Top Brands

What Is a Brand?

Key Takeaways:

Marketing Research

Focus Groups

Questionnaires

Key Takeaways:

PART II: The Nuts and Bolts

Developing a Marketing Plan

Steps in Developing a Marketing Plan

1. Situation Analysis

Industry Analysis

Market Analysis

Competitive Analysis

Internal Analysis

2. SWOT Analysis

3. Quantifiable Objectives

4. Strategies and Tactics to Meet Objectives

5. Responsibility/Accountability for Completing Tactics

6. Budget

7. Ongoing Monitoring and Adjustment

Why Marketing Plans Fail

Key Takeaways:

Your Website

The Fundamentals

Evaluating the Effectiveness of Your Website

Connecting Locally through the Web

Key Takeaways:

Creating Marketing Metrics

Key Takeaways:

Part III: Business Development

For New Attorneys

Do Your Homework

Landing Your First Client

Key Takeaways:

Networking

Developing Your Elevator Speech

Preparing to Network

Be Prepared to Give

Be Patient

Generating Positive Word of Mouth

Key Takeaways:

Becoming a Thought Leader

Carving Out Your Niche

Pick a Hot Topic

Something Significant

Something People Are Talking about

Something You Personally Have Been Noticing

Beef Up Your Expertise

Stick to What You Know

Know the Current State of the Law Inside and Out

Align Your Caseload with Your Preferred Area of Expertise

Make It a Point to Stay Abreast of Changes in the Law

Listen to What Other Thought Leaders Are Saying

Don’t Limit Your Knowledge to Your Jurisdiction

Tools to Boost Your Thought Leader Status

Seminars/Webinars

E-letters and Newsletters

Media Coverage

CLE Programs

Blogs

Guest Lectures

Expanding Your Thought Leadership

Building Online Communities

Key Takeaways:

Referrals

Know What You Want. Identify the Types of Referrals You Are Looking for

Identify Your Referral Sources

Choose People Who Know about Your Practice

Choose People with Influence in the Community

Coach Your Referral Sources

Notify Your Referral Sources and Clients about Your Preferred Clients

Make Sure Your Referral Sources Know What You Do

Make It Easy to Refer Clients to You

Stay in Touch with Your Referral Sources

Finding Referral Sources

Use Your State Bar Association

Make Your Own Referrals

Volunteer

Demonstrate Your Expertise

Network with Professionals in Your Practice Area

Ask

Turn Your Referrals into Business

Key Takeaways:

Working with Agencies and Freelancers

Key Takeaways:

Part IV: Law Firms and Social Media

Who’s on Social Media?

Social Media Myths and Misconceptions

Background and Best Practices

Key Takeaways:

Engaging Effectively through Social Media

Overcoming Fears

People Connect with People

Engaging Your Audience

Common Social Media Mistakes

Are You Talking Only to Yourself?

Additional Ways to Leverage Social Media

Key Takeaways:

A Look at the Most Popular Social Media Sites. Facebook

LinkedIn

Twitter

Google+

YouTube

Key Takeaways:

Protecting Your Reputation Online

Leveraging Consumer Feedback, Even When It’s Negative

Key Takeaways:

PART V: Case Studies. The New Kid on the Block: The Recent Law School Grad Starting Her Own Practice

The Problem

The Solution

Marketing Plan

Measuring Results

Lessons Learned

The Spin-Off: The Law Firm Associate Leaving the Nest to Create His Own Practice

The Problem

The Solution

Marketing Plan

Measuring Results

Lessons Learned

The Outsider: The Attorney Entering a New Geographic Market

The Problem

The Solution

The Marketing Plan

Measuring Results

Lessons Learned

Uncharted Territory: The Attorney Entering a Relatively New Area of Law

The Problem

The Solution

The Marketing Plan

Measuring Results

Lessons Learned

Key Takeaways

APPENDICES. Appendix A: Illinois Rules of Professional Conduct—Information About Legal Services. Rule 7.1 Communications Concerning a Lawyer’s Services

Rule 7.2 Advertising

Rule 7.3 Direct Contact with Prospective Clients

Rule 7.4 Communication of Fields of Practice

Rule 7.5 Firm Names and Letterhead

Appendix B: Information about Legal Services Rules by State

Appendix C: Environmental Assessment

Past marketing efforts:

Competitive environment:

Appendix D: Analyzing the Competition

Appendix E: Analyzing the Target Market

Appendix F: Checklist for Developing Effective Headlines

Appendix G: Copywriting Checklist

Appendix H: Sample Marketing Communication Plan

BACKGROUND:

GOALS:

PRIMARY TARGET MARKETS:

KEY MESSAGES:

TACTICS:

Appendix I: Research Planning Guide

ABOUT THE AUTHORS

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