Are Your Firm's "Incentives" Lighting A Fire for New Business Development ?
Are Your Firm’s “Incentives” Lighting A Fire For New Business Development ?
We often hear the following reasons from attorneys who do not want to market:
* It’s unprofessional;
* I fear the process;
* I failed once; why try again?
* I won’t cross-sell;
* We have no business development training program;
* I’m not compensated.
The easiest complaint to overcome is offering a performance plan which includes incentives for attorney marketing and business development actions. Excuse my cynicism but cash incentives often overcome inhibitors to performance. And if properly communicated during semi-annual performance evaluations, and supported by training and marketing staff, perhaps 10% of your professionals will get it and get moving.