Business Development “Gut Check”
Is Your Business Development Suffering?
Thomson Reuters Legal Solutions Blog
November 6, 2015
For law firms struggling with growing new business, there is a learning curve marketing leaders (both attorneys and professionals) need to lead. It is not magic at all. Rather, experience shows that a group of common problems lead to a lack of new business growth. Your answers to the following dilemmas will guide you to more revenue, more clients and more open doors.
- Are the number of new engagements per client dropping?
- How many long-term clients are no longer using your firm?
- Is there an absence of cross marketing?
- Do you have “underutilized assets” such as internal marketing, sharing of published articles and speeches with all attorneys?
Identifying Business Development Opportunities
This post will add a new dilemma daily to provide a comprehensive list of questions that will certainly help you identify and solve business growth obstacles and opportunities.