SlideShare ist ein Scribd-Unternehmen logo
1 von 8
Downloaden Sie, um offline zu lesen
77
How employment solicitors
can market their practice more
effectively
By Doug McPherson, director of Size 10½ Boots
TRADITIONALLY, THE employment team has been one of the powerhouses of
a law firm’s business development. They were often the most prolific when it
came to delivering seminars and, because of the nature of their work, the team
who could apply a bit of creativity to their written communications. However,
changes to tribunal procedures (and tribunal fees), the growing influence of
HR consultants, and the increasing threat from insurance/call-centre based
operations have scalded employment solicitors and many now face the threat of
decreasing fees and a declining client base.
Yet, some firms are bucking the trend and the reason they are able to do so
arguably owes more to a more lateral definition of business development than it
does to relying on using the same old marketing methods to promote the same
old message. So, what is that more lateral definition of business development?
I would argue that rather than just continuing to consider business development
to be a sales and marketing function, for the employment law sector business
development now needs to viewed as the opportunity to develop your business
so that it better meets the needs – and market conditions – employment solicitors
now face.
While the redevelopment of a practice area may at first glance look a little
onerous, there is good news. Businesses still need employees and, as long
as that remains a case, there will be a need for employment solicitors. Your
challenge is to make sure your offering develops in the way that will make
you (and your fees) an attractive proposition for your clients so they see that,
although there are alternatives and restrictions, there is still absolute value in your
involvement in the right circumstances.
Identify what your clients want
The first step is to identify what it is your clients actually want. This is neither
a difficult nor a complicated process. All it involves is talking to them. One of
the strengths of the majority of employment teams I have worked with is that
they do their utmost to stay close to their clients, much closer than many of their
colleagues in other practice areas. They visit their clients, they talk to them, and
they make sure their clients know the door – or email inbox or phone line – is
always open when they need help.
Employment Law Practice.indd 77 23/12/2014 15:33
How employment solicitors can market their practice more effectively
78
Now is the time to take advantage of the relationships you have worked
so hard to build. Choose a handful of your highest billing or most strategically
important clients and ask to meet up for an informal catch up. At that meeting,
explain that you are looking to improve the way you serve your clients and
discuss:
„„ The ways in which they feel your service could improve;
„„ The areas in which they will need most help moving forward;
„„ The way they would like that support to be delivered if you are to help them
achieve their desired outcome; and
„„ The way to make their working lives a little easier.
Sometimes solicitors are nervous to have such an open conversation but, in my
experience, no client has ever denied themselves the opportunity to tailor any
service they pay for so that it is more efficient and more cost-effective.
From a more mercenary perspective, this more informal context also gives
you a chance to talk about both the present and the future of your clients’
businesses – a conversation that very rarely fails to deliver new matters in the
short or medium term.
When it comes to delivering the required insight, independent client service
reviews can also help. An experienced interviewer would not only be able to
find out what your clients want and how they want it, they will also be able
to coax out additional good ideas from comparisons to your clients’ other
professional service providers that could be adopted by your employment team
in order to make you even more attractive to both existing and prospective
clients. While there can again be nervousness around having someone external
interview clients, the truth is the independence factor can often pull out more
and more valuable information that the client may avoid or forget when talking
to someone they know.
Due diligence
In the background, you will also need to do a bit of due diligence. Have a look
at your figures and find out:
„„ Which types of work you do for clients most often;
„„ Which types of work pull in the highest fees;
„„ Which types of work are declining; and
„„ Which types of work take up significant chunks of time but deliver negligible
profit.
By the time you have completed the client research and due diligence steps you
will have the framework around which to develop your business. You will know
Employment Law Practice.indd 78 23/12/2014 15:33
79
Employment Law Practice: An Expert Guide
what people want, what they need, and those suggestions will be supported by
empirical evidence rather than supposition.
Developing the business framework
The next step is fleshing out that framework, and progress here demands one
thing – focus. It is important to focus on:
„„ The services you are going to lead and how they will be delivered;
„„ The message you are going to use; and
„„ The sectors you believe will offer the best return.
1. Services
Broadly speaking, when it comes to your services there are two routes you
could pursue:
(i)	 The traditional: Identify which of your current services there is high demand
for and a high ticket value attached to. Then work out which type of
employee or business is most likely to want that service and place those
services on the front line of your marketing.
While some will feel this is a risky strategy, it does not need to be. As
with making sector choices, you are not really limiting yourself, you are only
placing your most wanted/best priced goods in the window to make sure
you more attractive to the clients you really want. All of the supplementary
services will still be on offer.
This is a classic retail strategy and one that has been proven to work in
pretty much every commercial context.
(ii)	 Something new: Slant the way you look at your services. Stop thinking a
client will call with a question and take the questions to the client, offering
a solution once their interest has been pricked.
One strategy we see working repeatedly is the provision of training for
managers from a legal perspective. Offer to train your clients’ managers so
they manage better (that is, so that there is less likelihood of complaints or
actions against the employer). This will also give your fee earners greater
exposure to the wider team and allow them to position themselves as the
best point of contact if there is an issue. This should most definitely be
chargeable.
Another strategy is to stay up-to-date with legislative changes in other
commercial areas and sit down with the team to discuss the implications
these changes may have on a business’s employees. Compliance with
these changes may have a direct or indirect effect on the staff and, if
that is the case, you then have an opportunity to go into that business
Employment Law Practice.indd 79 23/12/2014 15:33
How employment solicitors can market their practice more effectively
80
and educate them as to what to expect and how to deal with it. This
strategy also provides a springboard from which to cross-sell on the back
of a warm introduction from a colleague. This should probably not be
chargeable.
2. Message
Given the fact that the employment sector is facing a number of external threats,
and employers seem to be content to consign talking to a solicitor to last resort
rather that first port of call status, more than ever the message you put out needs
to be canny, relevant, and it needs to clearly communicate the benefits of your
involvement.
Far too many firms and teams within law firms still seem to be preoccupied
with finding their USP and identifying their point of differentiation. Let me save
you some time. You are not wildly different to most of your competitors; while
the Nirvana-esque state of ‘differentiation’ seems like a necessity, you would do
better to identify and articulate your client value proposition (CVP).
Your CVP is your statement, your promise as to what clients should expect as
a result of paying you fees. It may articulate the level of service you offer, and
how responsive and accessible you are. It may demonstrate the added value
you offer over and above your legal advice – and always remember the ‘value’
part of added value is worth much, much more than the ‘added’ part. You
should be continually checking that what you are offering as valuable really is
valuable to your clients.
However your CVP is constructed, the important part is to make sure your
clients and targets know what it is. They need to understand why, in the face of
legislative and cost changes and increased competition, your advice is still the
best tool available to them.
The second part of the message is actually how you promote the advice
you offer. General ‘support’ is often seen as a bit beige; a luxury that will cost
and may or may not actually be of benefit in the long run. Meanwhile ‘reaction’
is often seen as contentious and therefore expensive, fraught, and stressful.
‘Avoidance’ however, may be worth discussion. Clients and targets may react
much more favourably to the idea of putting all of the building blocks in place
to ensure all employees are contractually sound to minimise potential problems
down the line (and therefore making the resolution of any problems that may
arise simpler, quicker, and cheaper).
3. Sectors
Despite growing massively in popularity, some people still harbour doubts about
sector-based marketing. Some see it as limiting; some see it as a fast-track to
conflict. The practical truth is it is neither.
Employment Law Practice.indd 80 23/12/2014 15:33
81
Employment Law Practice: An Expert Guide
During the course of a properly executed sector campaign, you will come
into contact with a number of people (potential clients and potential referrers)
who, if they like what they see, will organically generate work from outside the
sector. Equally, businesses want advisers who understand their world, speak
their language, and know how to deal with the particular challenges they
face. This is repeatedly backed up in client surveys and was recently cited as a
primary growth driver in PwC’s report on the legal industry.1
Let me also dispel another myth about sectors: they do not have to be
based on SIC codes. As well as industry types, geography or job title can
define a sector and, when it comes to marketing employment law, the last two
points are important.
Traditionally, the sector route would suggest you hone in on the industries
that are most likely to require the employment law services you have chosen to
promote going forward (and these could be mass employers, businesses with
a large direct sales force, entities reliant on part-time or zero hour employees),
but alternatively you could also choose to target the particularly industry-heavy
post codes near to your offices and establish yourself as the go-to firm for that
community.
You could also choose to specialise in particular types of employees. For
example, if you felt that compromise agreements for board directors were
the best source of new business, board level directors could definitely be
considered a sector in their own right.
However, traditional marketing cannot be discounted – after all, even if you
have the strongest offering and the tightest value proposition, if no one knows
it is available outside your current client base, you will never maximise the fee
levels you deserve.
When it comes to marketing, the one core concept I hang on to (and repeat
to death) is that marketing/business development/selling all mean different
things to different people, and the only thing they really have in common is that
they are all generally unattractive as far as solicitors are concerned. Instead, you
should replace all/any of these terms with one word: visibility.
When it comes to making sure the new stronger offering you have worked
hard to build delivers in terms of new instructions and new clients, visibility
should be both your objective and your strategy. You have made choices as to
exactly what you want to promote and who you want to promote that to. Now
ask yourself one simple question: what is the easiest way to make what you
have visible to your target market?
With regards to your target market, I would split it into two groups to make
it easy: the first group is your firm’s existing (non-employment) clients; and the
second is new client acquisition.
Employment Law Practice.indd 81 23/12/2014 15:33
How employment solicitors can market their practice more effectively
82
Getting in front of existing non-employment clients
For some reason, cross-selling is all too often forgotten. I cannot stress highly
enough that these are your softest targets. These are all people who know and
like your firm and are, in the most basic of terms, comfortable to put their hand
in their pocket and pay for your services. The only trouble is cross-selling is
neither something the majority of lawyers are comfortable with, nor something
they are particularly good at.
However, just as with the client research portion, getting an effective cross-
selling programme together is straightforward.
The first stage is again to focus. Identify the clients you want. These could be
‘strategic’ targets (the clients that align themselves best to your chosen sectors),
they could be ‘fee’ targets (the ones who spend big elsewhere in the firm and
are therefore most likely to be open to an approach from the employment team),
or they could be ‘personal’ targets (that is, clients of the people in your firm
that you get on with best and will therefore be the easiest ones to set up initial
introductory meetings with).
New client acquisition
Again the key strategy here is to create visibility; choose who you want as new
clients and work out how to become visible to those groups. Then, gradually
turn that visibility into conversations and, if you follow up and stay in touch,
eventually some of those conversations will deliver new clients.
For the sake of simplicity, I would suggest you break your targets into two
groups:
(i)	 Commercial targets: Whether you adopt a sector strategy or a more
regional strategy, you need to know what is going on locally, and where
the types/sizes of businesses you want as clients meet. By being more
selective and (unless you have solid links already) avoiding the obvious
options like the Chamber of Commerce, the Institute of Directors (IoD), or
BNI, chances are you will probably be the only solicitor in the room. By
extension, the more creative you are with your selection, the more likely it is
that this will be the case.
If you are going to go down this route I would like to put forward two
key tips: you are there just to chat, not to pitch; and your success will be
predicated on consistent attendance, not dipping in and out as that will
only mark you out as a work-hunter rather than a credible member of your
chosen communities.
(ii)	 Potential referrers: The trick with professionals is to think a little laterally.
Yes, accountants may be a good source (particularly if they are promoting
specialisms that align with your chosen sectors), but they also tend to have
Employment Law Practice.indd 82 23/12/2014 15:33
83
Employment Law Practice: An Expert Guide
long-term relationships with a number of law firms which may hamper
progress.
My suggestion would be to look at those who could give you access
to your target market, whether that’s well-connected local figures (local
business networking groups or trade associations) or HR managers (CIPD
and other local HR groups).
And what do you say when you get in front of these people? And how do you
stay in touch (credibly and without stalking)? Well, that’s a whole other story for
you to consider.
Reference
1.	 See: www.pwc.co.uk/business-services/law-firms/home.jhtml.
Employment Law Practice.indd 83 23/12/2014 15:33
Employment Law Practice.indd 84 23/12/2014 15:33

Weitere ähnliche Inhalte

Was ist angesagt?

Trusted Advisor
Trusted AdvisorTrusted Advisor
Trusted Advisor
Jen Caizza
 
Concierge Customer Service_Combined-Clickable-1
Concierge Customer Service_Combined-Clickable-1Concierge Customer Service_Combined-Clickable-1
Concierge Customer Service_Combined-Clickable-1
Jeanne Hurlbert PhD
 
Steria Love Your Costomer - Customer centricity
Steria Love Your Costomer - Customer centricitySteria Love Your Costomer - Customer centricity
Steria Love Your Costomer - Customer centricity
Jørgen Nordahl
 
Service Marketing Secret
Service Marketing SecretService Marketing Secret
Service Marketing Secret
Lakesia Wright
 

Was ist angesagt? (20)

Should your advertising agency have a business manager w
Should your advertising agency have a business manager wShould your advertising agency have a business manager w
Should your advertising agency have a business manager w
 
Branding Creative Agencies
Branding Creative AgenciesBranding Creative Agencies
Branding Creative Agencies
 
PSVillage Key Performance Indicators for Professional Services Groups
PSVillage Key Performance Indicators for Professional Services GroupsPSVillage Key Performance Indicators for Professional Services Groups
PSVillage Key Performance Indicators for Professional Services Groups
 
April 09 Newsletter Online Final
April 09 Newsletter Online FinalApril 09 Newsletter Online Final
April 09 Newsletter Online Final
 
Vol I Iss Iv 2010 Mar
Vol I Iss Iv 2010 MarVol I Iss Iv 2010 Mar
Vol I Iss Iv 2010 Mar
 
Customer Experience Optimization Consulting
Customer Experience Optimization ConsultingCustomer Experience Optimization Consulting
Customer Experience Optimization Consulting
 
Contact centers. avoid the waste but not the value
Contact centers. avoid the waste but not the valueContact centers. avoid the waste but not the value
Contact centers. avoid the waste but not the value
 
Entrepreneurship 1
Entrepreneurship 1Entrepreneurship 1
Entrepreneurship 1
 
Customer Centric Culture & Innovation
Customer Centric Culture & InnovationCustomer Centric Culture & Innovation
Customer Centric Culture & Innovation
 
Trusted Advisor
Trusted AdvisorTrusted Advisor
Trusted Advisor
 
Concierge Customer Service_Combined-Clickable-1
Concierge Customer Service_Combined-Clickable-1Concierge Customer Service_Combined-Clickable-1
Concierge Customer Service_Combined-Clickable-1
 
Steria Love Your Costomer - Customer centricity
Steria Love Your Costomer - Customer centricitySteria Love Your Costomer - Customer centricity
Steria Love Your Costomer - Customer centricity
 
Love Your Customer
Love Your CustomerLove Your Customer
Love Your Customer
 
Service Marketing Secret
Service Marketing SecretService Marketing Secret
Service Marketing Secret
 
SEG Development
SEG DevelopmentSEG Development
SEG Development
 
Task 1
Task 1Task 1
Task 1
 
Opportunities & secrets in buying selling & valuing businesses _J Harrel)
Opportunities & secrets in buying selling & valuing businesses _J Harrel)Opportunities & secrets in buying selling & valuing businesses _J Harrel)
Opportunities & secrets in buying selling & valuing businesses _J Harrel)
 
Credit Union SEG Development
Credit Union SEG DevelopmentCredit Union SEG Development
Credit Union SEG Development
 
Customer Experience Change Management-Applied Materials
Customer Experience Change Management-Applied MaterialsCustomer Experience Change Management-Applied Materials
Customer Experience Change Management-Applied Materials
 
Forrester's Best Practices Framework for Customer Service
Forrester's Best Practices Framework for Customer ServiceForrester's Best Practices Framework for Customer Service
Forrester's Best Practices Framework for Customer Service
 

Andere mochten auch

види помилок у зно
види помилок у зновиди помилок у зно
види помилок у зно
krasik_li
 
แบบฝึกหัด อักษรนำ ประถมศึกษาปีที่ 3
แบบฝึกหัด อักษรนำ ประถมศึกษาปีที่ 3แบบฝึกหัด อักษรนำ ประถมศึกษาปีที่ 3
แบบฝึกหัด อักษรนำ ประถมศึกษาปีที่ 3
Kansinee Kosirojhiran
 

Andere mochten auch (14)

28 tips solicitors can use to win more work from their existing clients
28 tips solicitors can use to win more work from their existing clients28 tips solicitors can use to win more work from their existing clients
28 tips solicitors can use to win more work from their existing clients
 
Genie in the lamp fee earners could be a law firm’s secret weapon for pca
Genie in the lamp fee earners could be a law firm’s secret weapon for pcaGenie in the lamp fee earners could be a law firm’s secret weapon for pca
Genie in the lamp fee earners could be a law firm’s secret weapon for pca
 
How barristers can use business development
How barristers can use business developmentHow barristers can use business development
How barristers can use business development
 
Professional likeability how to develop professional relationships
Professional likeability how to develop professional relationshipsProfessional likeability how to develop professional relationships
Professional likeability how to develop professional relationships
 
Time การบอกเวลาภาษาอังกฤษ 2
Time การบอกเวลาภาษาอังกฤษ 2Time การบอกเวลาภาษาอังกฤษ 2
Time การบอกเวลาภาษาอังกฤษ 2
 
Minna no nihongo สรุปคำช่วย บทที่ 1-6
Minna no nihongo สรุปคำช่วย บทที่ 1-6Minna no nihongo สรุปคำช่วย บทที่ 1-6
Minna no nihongo สรุปคำช่วย บทที่ 1-6
 
Twenty-Five Days of Burberry
Twenty-Five Days of BurberryTwenty-Five Days of Burberry
Twenty-Five Days of Burberry
 
คำที่มีพยัญชนะต้น ฑ + การอ่านคำที่มี ฤ ฤๅ ฦ ฦๅ ป.3
คำที่มีพยัญชนะต้น ฑ + การอ่านคำที่มี ฤ ฤๅ ฦ ฦๅ ป.3คำที่มีพยัญชนะต้น ฑ + การอ่านคำที่มี ฤ ฤๅ ฦ ฦๅ ป.3
คำที่มีพยัญชนะต้น ฑ + การอ่านคำที่มี ฤ ฤๅ ฦ ฦๅ ป.3
 
อักษรคานะ
อักษรคานะอักษรคานะ
อักษรคานะ
 
คำที่มีอักษรไม่ออกเสียง ป.3
คำที่มีอักษรไม่ออกเสียง ป.3คำที่มีอักษรไม่ออกเสียง ป.3
คำที่มีอักษรไม่ออกเสียง ป.3
 
Time การบอกเวลาภาษาอังกฤษ
Time การบอกเวลาภาษาอังกฤษTime การบอกเวลาภาษาอังกฤษ
Time การบอกเวลาภาษาอังกฤษ
 
види помилок у зно
види помилок у зновиди помилок у зно
види помилок у зно
 
โจทย์ปัญหาการคูณ ป.3
โจทย์ปัญหาการคูณ ป.3โจทย์ปัญหาการคูณ ป.3
โจทย์ปัญหาการคูณ ป.3
 
แบบฝึกหัด อักษรนำ ประถมศึกษาปีที่ 3
แบบฝึกหัด อักษรนำ ประถมศึกษาปีที่ 3แบบฝึกหัด อักษรนำ ประถมศึกษาปีที่ 3
แบบฝึกหัด อักษรนำ ประถมศึกษาปีที่ 3
 

Ähnlich wie How_employment_solicitors_can_market_their_practice

Raising the bar new responses to marketing law firms
Raising the bar   new responses to marketing law firmsRaising the bar   new responses to marketing law firms
Raising the bar new responses to marketing law firms
Sarah Bagnall
 
Ten thing i’d do differently as a law firm ceo
Ten thing i’d do differently as a law firm ceoTen thing i’d do differently as a law firm ceo
Ten thing i’d do differently as a law firm ceo
Rachel Hamilton
 
5 service encounter and guarantees
5 service encounter and guarantees5 service encounter and guarantees
5 service encounter and guarantees
Rishi Mathur
 
Debtor_Daddy_The_Big_Book_of_Advisory
Debtor_Daddy_The_Big_Book_of_AdvisoryDebtor_Daddy_The_Big_Book_of_Advisory
Debtor_Daddy_The_Big_Book_of_Advisory
Matt McFedries
 
BOOK SAMPLE: Hot new WORKING FROM HOME LEGAL-MARKETING BOOK for law firm PART...
BOOK SAMPLE: Hot new WORKING FROM HOME LEGAL-MARKETING BOOK for law firm PART...BOOK SAMPLE: Hot new WORKING FROM HOME LEGAL-MARKETING BOOK for law firm PART...
BOOK SAMPLE: Hot new WORKING FROM HOME LEGAL-MARKETING BOOK for law firm PART...
Fishman Marketing, Inc., Law Firm Speakers & Firm Retreats
 
7 Pillars Of Customer Service
7 Pillars Of Customer Service7 Pillars Of Customer Service
7 Pillars Of Customer Service
Tim Hagen
 

Ähnlich wie How_employment_solicitors_can_market_their_practice (20)

Raising the bar new responses to marketing law firms
Raising the bar   new responses to marketing law firmsRaising the bar   new responses to marketing law firms
Raising the bar new responses to marketing law firms
 
The Last Taboo: Client Marketing Is the Last Unmentionable 7.11
The Last Taboo:  Client Marketing Is the Last Unmentionable  7.11The Last Taboo:  Client Marketing Is the Last Unmentionable  7.11
The Last Taboo: Client Marketing Is the Last Unmentionable 7.11
 
Ten thing i’d do differently as a law firm ceo
Ten thing i’d do differently as a law firm ceoTen thing i’d do differently as a law firm ceo
Ten thing i’d do differently as a law firm ceo
 
Show Your Value, Grow Your Business
Show Your Value, Grow Your BusinessShow Your Value, Grow Your Business
Show Your Value, Grow Your Business
 
Selling to Enterprise Clients?
Selling to Enterprise Clients? Selling to Enterprise Clients?
Selling to Enterprise Clients?
 
Using Positioning to Create Value
Using Positioning to Create ValueUsing Positioning to Create Value
Using Positioning to Create Value
 
5 service encounter and guarantees
5 service encounter and guarantees5 service encounter and guarantees
5 service encounter and guarantees
 
10½ ways patent attorneys in europe can make themselves more attractive
10½ ways patent attorneys in europe can make themselves more attractive10½ ways patent attorneys in europe can make themselves more attractive
10½ ways patent attorneys in europe can make themselves more attractive
 
Why You're Losing Proposals
Why You're Losing ProposalsWhy You're Losing Proposals
Why You're Losing Proposals
 
Things to Consider when Choosing the Right Outsourcing Provider | Staff Boom
Things to Consider when Choosing the Right Outsourcing Provider | Staff BoomThings to Consider when Choosing the Right Outsourcing Provider | Staff Boom
Things to Consider when Choosing the Right Outsourcing Provider | Staff Boom
 
Treasure island downbranding a service offering to appeal to the mass market ...
Treasure island downbranding a service offering to appeal to the mass market ...Treasure island downbranding a service offering to appeal to the mass market ...
Treasure island downbranding a service offering to appeal to the mass market ...
 
An MSP’s Guide to Quality Lead Generation Part 2
An MSP’s Guide to Quality Lead Generation Part 2An MSP’s Guide to Quality Lead Generation Part 2
An MSP’s Guide to Quality Lead Generation Part 2
 
Adviser solicitor introducer relationships
Adviser solicitor introducer relationshipsAdviser solicitor introducer relationships
Adviser solicitor introducer relationships
 
Debtor_Daddy_The_Big_Book_of_Advisory
Debtor_Daddy_The_Big_Book_of_AdvisoryDebtor_Daddy_The_Big_Book_of_Advisory
Debtor_Daddy_The_Big_Book_of_Advisory
 
BOOK SAMPLE: Hot new WORKING FROM HOME LEGAL-MARKETING BOOK for law firm PART...
BOOK SAMPLE: Hot new WORKING FROM HOME LEGAL-MARKETING BOOK for law firm PART...BOOK SAMPLE: Hot new WORKING FROM HOME LEGAL-MARKETING BOOK for law firm PART...
BOOK SAMPLE: Hot new WORKING FROM HOME LEGAL-MARKETING BOOK for law firm PART...
 
28 tips patent and trade mark attorneys can use to win more work from existin...
28 tips patent and trade mark attorneys can use to win more work from existin...28 tips patent and trade mark attorneys can use to win more work from existin...
28 tips patent and trade mark attorneys can use to win more work from existin...
 
Stop giving your time away for free: How to sell your services as a consultant
Stop giving your time away for free: How to sell your services as a consultant Stop giving your time away for free: How to sell your services as a consultant
Stop giving your time away for free: How to sell your services as a consultant
 
Differentiating Your InfoSec Company: Getting Some “Quick Wins”
Differentiating Your InfoSec Company: Getting Some “Quick Wins”Differentiating Your InfoSec Company: Getting Some “Quick Wins”
Differentiating Your InfoSec Company: Getting Some “Quick Wins”
 
7 Pillars Of Customer Service
7  Pillars Of  Customer  Service7  Pillars Of  Customer  Service
7 Pillars Of Customer Service
 
7 Pillars Of Customer Service
7 Pillars Of Customer Service7 Pillars Of Customer Service
7 Pillars Of Customer Service
 

Mehr von Douglas McPherson

sj_maintaining high standards
sj_maintaining high standardssj_maintaining high standards
sj_maintaining high standards
Douglas McPherson
 

Mehr von Douglas McPherson (9)

How could a blog boost your profile and win you work?
How could a blog boost your profile and win you work?How could a blog boost your profile and win you work?
How could a blog boost your profile and win you work?
 
25 things law firms must remember when implementing their marketing plan
25 things law firms must remember when implementing their marketing plan25 things law firms must remember when implementing their marketing plan
25 things law firms must remember when implementing their marketing plan
 
Package, Position, Profit: Chapter 1
Package, Position, Profit: Chapter 1Package, Position, Profit: Chapter 1
Package, Position, Profit: Chapter 1
 
How do you build more successful tenders?
How do you build more successful tenders?How do you build more successful tenders?
How do you build more successful tenders?
 
How to sharpen your presentation skills (from the Easter edition of The Barri...
How to sharpen your presentation skills (from the Easter edition of The Barri...How to sharpen your presentation skills (from the Easter edition of The Barri...
How to sharpen your presentation skills (from the Easter edition of The Barri...
 
sj_maintaining high standards
sj_maintaining high standardssj_maintaining high standards
sj_maintaining high standards
 
You can't market private client
You can't market private clientYou can't market private client
You can't market private client
 
25 things law firms must remember when implementing their marketing plan
25 things law firms must remember when implementing their marketing plan25 things law firms must remember when implementing their marketing plan
25 things law firms must remember when implementing their marketing plan
 
The not so secret service rules for the modern the barrister magazine
The not so secret service rules for the modern  the barrister magazineThe not so secret service rules for the modern  the barrister magazine
The not so secret service rules for the modern the barrister magazine
 

How_employment_solicitors_can_market_their_practice

  • 1. 77 How employment solicitors can market their practice more effectively By Doug McPherson, director of Size 10½ Boots TRADITIONALLY, THE employment team has been one of the powerhouses of a law firm’s business development. They were often the most prolific when it came to delivering seminars and, because of the nature of their work, the team who could apply a bit of creativity to their written communications. However, changes to tribunal procedures (and tribunal fees), the growing influence of HR consultants, and the increasing threat from insurance/call-centre based operations have scalded employment solicitors and many now face the threat of decreasing fees and a declining client base. Yet, some firms are bucking the trend and the reason they are able to do so arguably owes more to a more lateral definition of business development than it does to relying on using the same old marketing methods to promote the same old message. So, what is that more lateral definition of business development? I would argue that rather than just continuing to consider business development to be a sales and marketing function, for the employment law sector business development now needs to viewed as the opportunity to develop your business so that it better meets the needs – and market conditions – employment solicitors now face. While the redevelopment of a practice area may at first glance look a little onerous, there is good news. Businesses still need employees and, as long as that remains a case, there will be a need for employment solicitors. Your challenge is to make sure your offering develops in the way that will make you (and your fees) an attractive proposition for your clients so they see that, although there are alternatives and restrictions, there is still absolute value in your involvement in the right circumstances. Identify what your clients want The first step is to identify what it is your clients actually want. This is neither a difficult nor a complicated process. All it involves is talking to them. One of the strengths of the majority of employment teams I have worked with is that they do their utmost to stay close to their clients, much closer than many of their colleagues in other practice areas. They visit their clients, they talk to them, and they make sure their clients know the door – or email inbox or phone line – is always open when they need help. Employment Law Practice.indd 77 23/12/2014 15:33
  • 2. How employment solicitors can market their practice more effectively 78 Now is the time to take advantage of the relationships you have worked so hard to build. Choose a handful of your highest billing or most strategically important clients and ask to meet up for an informal catch up. At that meeting, explain that you are looking to improve the way you serve your clients and discuss: „„ The ways in which they feel your service could improve; „„ The areas in which they will need most help moving forward; „„ The way they would like that support to be delivered if you are to help them achieve their desired outcome; and „„ The way to make their working lives a little easier. Sometimes solicitors are nervous to have such an open conversation but, in my experience, no client has ever denied themselves the opportunity to tailor any service they pay for so that it is more efficient and more cost-effective. From a more mercenary perspective, this more informal context also gives you a chance to talk about both the present and the future of your clients’ businesses – a conversation that very rarely fails to deliver new matters in the short or medium term. When it comes to delivering the required insight, independent client service reviews can also help. An experienced interviewer would not only be able to find out what your clients want and how they want it, they will also be able to coax out additional good ideas from comparisons to your clients’ other professional service providers that could be adopted by your employment team in order to make you even more attractive to both existing and prospective clients. While there can again be nervousness around having someone external interview clients, the truth is the independence factor can often pull out more and more valuable information that the client may avoid or forget when talking to someone they know. Due diligence In the background, you will also need to do a bit of due diligence. Have a look at your figures and find out: „„ Which types of work you do for clients most often; „„ Which types of work pull in the highest fees; „„ Which types of work are declining; and „„ Which types of work take up significant chunks of time but deliver negligible profit. By the time you have completed the client research and due diligence steps you will have the framework around which to develop your business. You will know Employment Law Practice.indd 78 23/12/2014 15:33
  • 3. 79 Employment Law Practice: An Expert Guide what people want, what they need, and those suggestions will be supported by empirical evidence rather than supposition. Developing the business framework The next step is fleshing out that framework, and progress here demands one thing – focus. It is important to focus on: „„ The services you are going to lead and how they will be delivered; „„ The message you are going to use; and „„ The sectors you believe will offer the best return. 1. Services Broadly speaking, when it comes to your services there are two routes you could pursue: (i) The traditional: Identify which of your current services there is high demand for and a high ticket value attached to. Then work out which type of employee or business is most likely to want that service and place those services on the front line of your marketing. While some will feel this is a risky strategy, it does not need to be. As with making sector choices, you are not really limiting yourself, you are only placing your most wanted/best priced goods in the window to make sure you more attractive to the clients you really want. All of the supplementary services will still be on offer. This is a classic retail strategy and one that has been proven to work in pretty much every commercial context. (ii) Something new: Slant the way you look at your services. Stop thinking a client will call with a question and take the questions to the client, offering a solution once their interest has been pricked. One strategy we see working repeatedly is the provision of training for managers from a legal perspective. Offer to train your clients’ managers so they manage better (that is, so that there is less likelihood of complaints or actions against the employer). This will also give your fee earners greater exposure to the wider team and allow them to position themselves as the best point of contact if there is an issue. This should most definitely be chargeable. Another strategy is to stay up-to-date with legislative changes in other commercial areas and sit down with the team to discuss the implications these changes may have on a business’s employees. Compliance with these changes may have a direct or indirect effect on the staff and, if that is the case, you then have an opportunity to go into that business Employment Law Practice.indd 79 23/12/2014 15:33
  • 4. How employment solicitors can market their practice more effectively 80 and educate them as to what to expect and how to deal with it. This strategy also provides a springboard from which to cross-sell on the back of a warm introduction from a colleague. This should probably not be chargeable. 2. Message Given the fact that the employment sector is facing a number of external threats, and employers seem to be content to consign talking to a solicitor to last resort rather that first port of call status, more than ever the message you put out needs to be canny, relevant, and it needs to clearly communicate the benefits of your involvement. Far too many firms and teams within law firms still seem to be preoccupied with finding their USP and identifying their point of differentiation. Let me save you some time. You are not wildly different to most of your competitors; while the Nirvana-esque state of ‘differentiation’ seems like a necessity, you would do better to identify and articulate your client value proposition (CVP). Your CVP is your statement, your promise as to what clients should expect as a result of paying you fees. It may articulate the level of service you offer, and how responsive and accessible you are. It may demonstrate the added value you offer over and above your legal advice – and always remember the ‘value’ part of added value is worth much, much more than the ‘added’ part. You should be continually checking that what you are offering as valuable really is valuable to your clients. However your CVP is constructed, the important part is to make sure your clients and targets know what it is. They need to understand why, in the face of legislative and cost changes and increased competition, your advice is still the best tool available to them. The second part of the message is actually how you promote the advice you offer. General ‘support’ is often seen as a bit beige; a luxury that will cost and may or may not actually be of benefit in the long run. Meanwhile ‘reaction’ is often seen as contentious and therefore expensive, fraught, and stressful. ‘Avoidance’ however, may be worth discussion. Clients and targets may react much more favourably to the idea of putting all of the building blocks in place to ensure all employees are contractually sound to minimise potential problems down the line (and therefore making the resolution of any problems that may arise simpler, quicker, and cheaper). 3. Sectors Despite growing massively in popularity, some people still harbour doubts about sector-based marketing. Some see it as limiting; some see it as a fast-track to conflict. The practical truth is it is neither. Employment Law Practice.indd 80 23/12/2014 15:33
  • 5. 81 Employment Law Practice: An Expert Guide During the course of a properly executed sector campaign, you will come into contact with a number of people (potential clients and potential referrers) who, if they like what they see, will organically generate work from outside the sector. Equally, businesses want advisers who understand their world, speak their language, and know how to deal with the particular challenges they face. This is repeatedly backed up in client surveys and was recently cited as a primary growth driver in PwC’s report on the legal industry.1 Let me also dispel another myth about sectors: they do not have to be based on SIC codes. As well as industry types, geography or job title can define a sector and, when it comes to marketing employment law, the last two points are important. Traditionally, the sector route would suggest you hone in on the industries that are most likely to require the employment law services you have chosen to promote going forward (and these could be mass employers, businesses with a large direct sales force, entities reliant on part-time or zero hour employees), but alternatively you could also choose to target the particularly industry-heavy post codes near to your offices and establish yourself as the go-to firm for that community. You could also choose to specialise in particular types of employees. For example, if you felt that compromise agreements for board directors were the best source of new business, board level directors could definitely be considered a sector in their own right. However, traditional marketing cannot be discounted – after all, even if you have the strongest offering and the tightest value proposition, if no one knows it is available outside your current client base, you will never maximise the fee levels you deserve. When it comes to marketing, the one core concept I hang on to (and repeat to death) is that marketing/business development/selling all mean different things to different people, and the only thing they really have in common is that they are all generally unattractive as far as solicitors are concerned. Instead, you should replace all/any of these terms with one word: visibility. When it comes to making sure the new stronger offering you have worked hard to build delivers in terms of new instructions and new clients, visibility should be both your objective and your strategy. You have made choices as to exactly what you want to promote and who you want to promote that to. Now ask yourself one simple question: what is the easiest way to make what you have visible to your target market? With regards to your target market, I would split it into two groups to make it easy: the first group is your firm’s existing (non-employment) clients; and the second is new client acquisition. Employment Law Practice.indd 81 23/12/2014 15:33
  • 6. How employment solicitors can market their practice more effectively 82 Getting in front of existing non-employment clients For some reason, cross-selling is all too often forgotten. I cannot stress highly enough that these are your softest targets. These are all people who know and like your firm and are, in the most basic of terms, comfortable to put their hand in their pocket and pay for your services. The only trouble is cross-selling is neither something the majority of lawyers are comfortable with, nor something they are particularly good at. However, just as with the client research portion, getting an effective cross- selling programme together is straightforward. The first stage is again to focus. Identify the clients you want. These could be ‘strategic’ targets (the clients that align themselves best to your chosen sectors), they could be ‘fee’ targets (the ones who spend big elsewhere in the firm and are therefore most likely to be open to an approach from the employment team), or they could be ‘personal’ targets (that is, clients of the people in your firm that you get on with best and will therefore be the easiest ones to set up initial introductory meetings with). New client acquisition Again the key strategy here is to create visibility; choose who you want as new clients and work out how to become visible to those groups. Then, gradually turn that visibility into conversations and, if you follow up and stay in touch, eventually some of those conversations will deliver new clients. For the sake of simplicity, I would suggest you break your targets into two groups: (i) Commercial targets: Whether you adopt a sector strategy or a more regional strategy, you need to know what is going on locally, and where the types/sizes of businesses you want as clients meet. By being more selective and (unless you have solid links already) avoiding the obvious options like the Chamber of Commerce, the Institute of Directors (IoD), or BNI, chances are you will probably be the only solicitor in the room. By extension, the more creative you are with your selection, the more likely it is that this will be the case. If you are going to go down this route I would like to put forward two key tips: you are there just to chat, not to pitch; and your success will be predicated on consistent attendance, not dipping in and out as that will only mark you out as a work-hunter rather than a credible member of your chosen communities. (ii) Potential referrers: The trick with professionals is to think a little laterally. Yes, accountants may be a good source (particularly if they are promoting specialisms that align with your chosen sectors), but they also tend to have Employment Law Practice.indd 82 23/12/2014 15:33
  • 7. 83 Employment Law Practice: An Expert Guide long-term relationships with a number of law firms which may hamper progress. My suggestion would be to look at those who could give you access to your target market, whether that’s well-connected local figures (local business networking groups or trade associations) or HR managers (CIPD and other local HR groups). And what do you say when you get in front of these people? And how do you stay in touch (credibly and without stalking)? Well, that’s a whole other story for you to consider. Reference 1. See: www.pwc.co.uk/business-services/law-firms/home.jhtml. Employment Law Practice.indd 83 23/12/2014 15:33
  • 8. Employment Law Practice.indd 84 23/12/2014 15:33