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8 Essential Business-Growth Questions

Written by Allan Colman on . Posted in Allan Colman, Asking for Business, Attorney Marketing, Law Firm Marketing, Marketing for Law Firms, Practice Group Leaders.

Here are the first 3 of the questions you must ask yourself and your team if you expect to have an impact on growing business. They are not the usual questions you may have heard before.

1. WHERE do you currently fit into the organization’s structure and how decisions are currently being made?

2. WHO are the people to build relationships with? You can’t be all things to all people, including those who are competing with you.

3. WHAT communication media and methods are available to you to sell your message? Internally, look for opportunities to get face-to-face. Externally, know where they go, what they read, where they play, what community or non-profit groups they are involved with, and see them there!

Our next column will tackle questions 4-6.

Go to our services page for more detail at www.closersgroup.com/services.

Is Your Firm Positioned to Grow New Business in 2015?

Written by Allan Colman on . Posted in Allan Colman, Asking for Business, Attorney Marketing, Law Firm Leadership, Law Firm Marketing, Marketing for Law Firms.

All too often we find firms where their lawyers are ready-to-go but the firm’s support structure inhibits growth. Our new BUSINESS DEVELOPMENT RAPID ASSESSMENT provides an overview for a firm, practice area or office of:
• What is currently effective?
• What is not utilized?
• How to enhance impact?
Within two weeks of your completing 15 confidential questions, our Group will provide a strategic analysis focusing on maximizing your firm’s current Marketing and Business Development:
• Structure;
• Assets;
• Underperforming assets;
• Underutilized opportunities;
• Business Growth enhancements.
A confidential written Assessment will be returned to you within two weeks and includes a conference call or in-person meeting. Following that discussion, we will provide a timeline with specific tactics to build new business, grow prospects and begin establishing a long-term pipeline.

For a minimal fee, your firm, practice area or office will have a STRATEGIC BUSINESS DEVELOPMENT ACTION PLAN for 2015.

acolman@closersgroup.com.or
fmims@closersgroup.com
www.closersgroup.com

2015 – WILL YOU DEVELOP NEW BUSINESS?

Written by Allan Colman on . Posted in Attorney Marketing, Business Development, Law Firm Leadership, Managing Partners, Marketing for Law Firms, Practice Group Leaders.

Is your firm really ready to grow new business next year? All too often we find firms where their lawyers are ready to go but the firm’s support structure inhibits growth. Our new BUSINESS DEVELOPMENT RAPID ASSESSMENT provides an overview for a firm, practice area or office of:

* What is currently effective?
* What is not utilized?
* How to enhance impact?

Within 2 weeks of your completing 15 confidential questions, our Group will provide a strategic analysis focusing on maximizing your firm’s current Marketing and Business Development:

* Structure;
* Assets;
* Underperforming assets;
* Underutilized opportunities;
* Business Growth enhancements.

A confidential written Assessment will be returned to you within 2 weeks and includes a conference call or in-person meeting. Following that discussion, we will provide a timeline with specific tactics to build new business, grow prospects and begin establishing a long-term pipeline.

For a minimal fee, your firm, practice area or office will have a STRATEGIC BUSINESS DEVELOPMENT ACTION PLAN for 2015.

Click on the “contact us” button on this website, or send to acolman@closersgroup.com.

Turn Mistakes Into Marketing Opportunities

Written by Allan Colman on . Posted in Allan Colman, Attorney Marketing, Business Development, Client Retention, Marketing for Law Firms.

One of the most important lessons to be learned in professional services business is that when there’s a problem, it needs to be fixed right away. The process involves identifying a mistake, fixing it quickly, and making sure that your clients know what you’ve done to take action.

While no one wants to make mistakes, when one occurs, you have the opportunity to:

1. Identify how you responded to the situation:
2. Look at the relationships that you do have with clients and see how those relationships are
progressing;
3. Determine whether or not you are providing them the support and resources they need;
4. Examine what can be done to assist as their businesses continue to grow.

Having a prompt response to a mistake — and having a rapid fix — allows you to demonstrate how important client retention is to you.

Read more at www.ownthezonebook.com.

There's No Such Thing as a Cold Call

Written by Allan Colman on . Posted in Allan Colman, Asking for Business, Attorney Marketing, Marketing for Law Firms.

There’s no such thing as a cold call. I suggest simple tactics to identify previously unknown prospects so that a much “warmer” approach can be taken.

A Closers Group client with 15 years of experience was having difficulty identifying new prospects when he attended one of our business development workshops. After I suggested he review his law school alumni news letter, he noted that an earlier graduate had recently been promoted to a senior position for an international manufacturer. When he made contact with this gentleman he did not know, he linked the communication to the law school they had in common and pointed out a related European Union decision. Through that contact, he has been introduced to the world of international business and will be growing that practice.

PRACTICE GROUP LEADERS – "Know Thy Client" II.

Written by Allan Colman on . Posted in Allan Colman, Asking for Business, Attorney Marketing, Law Firm Leadership, Marketing for Law Firms, Practice Group Leaders.

In addition to the 6 questions from our last column, we urge practice group leaders to ask their group members these additional 5 .

7. Have they asked ahead of time who else will be at the meeting?

8. Do you and your colleagues offer clients periodic review meetings re: budgets, billing, timeliness of engagement process, format for sending reports in non-legalese to management?

9. Do they know “clients’ pain? what keeps them up at night?

10. Have they asked how the retention decision will be made?

11. How many prospects do they have in their pipeline.

For more clues to make your practice group successful, go to www.ownthezonebook.com

Practice Group Leaders – "Know Thy Client"

Written by Allan Colman on . Posted in Allan Colman, Asking for Business, Attorney Marketing, Business Development, Law Firms, Marketing for Law Firms, Practice Group Leaders.

When working with Practice Group Leaders, we have a group of questions they need to ask their colleagues. From the answers, we help them build a more successful business growth program.

1. Do they know who the final decision maker is?
2. Do they know what other competitive firms/companies their clients and prospects are using?
3. What is the last time the client/prospect hired a new firm?
4. Do you know how they prefer to communicate, by phone, email or report?
5. What has been done recently to build the relationship?

More questions in the next column or go to page 90 in OWN THE ZONE for the complete list.

PRATICE GROUP LEADERS – Is Your Group Asking For Business?

Written by Allan Colman on . Posted in Allan Colman, Asking for Business, Attorney Marketing, Law Firm Leadership, Managing Partners, Marketing for Law Firms, Practice Group Leaders.

Your competitors are asking for new business. Is your team?

Is your group bringing in new business from clients and prospects?

Are they selling but not seeing results?

Where are their opportunities?

Can they be expanded?

Do they really know how to communicate effectively with their prospects?

Go to our new website’s Services page for tips and tactics – and download a free chapter of

OWN THE ZONE.

PRACTICE GROUP LEADERS — The 4 Most Important Questions to Ask

Written by Allan Colman on . Posted in Asking for Business, Attorney Marketing, Law Firm Leadership, Managing Partners, Marketing for Law Firms, Practice Group Leaders.

If you are or about to be named head of a practice group in your firm, and are tasked with making Business Development a top priority, here are 4 questions that must be asked, answered and acted upon.

1. Do you have underperforming assets?
2. Where are the overlooked opportunities?
3. Can you find hidden assets?
4. Is your group undervaluing relationships?

Law firm managing partners, practice group leaders and partners-in-charge of offices will find that bringing rigor to answering these questions will chart a direct path to growing your business. Our STRATEGIC ACTION PROGRAMS are designed to help answer these questions and bring rapid success and will new business.