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Are Your GC's Cuting Costs?

According to a recent survey by WIPL Network and Global Legal Post, General Counsel are concentrating more on cutting costs, being business advisors and cybersecurity. As reported by Rich Steeves, the GC role is expanding. Are your firm’s client relationship partners making sure their services fit in with these relationship-building clues?

Do You Want More Leads from Speaking?

Among standard business development activities, none provides a better practicum for leveraging than the presentations and speeches delivered at professional conferences, client-sponsored programs, and your own firm-sponsored seminars. Too often their participation is a one-off with none of the preparation or follow-up necessary to generate business. Conversely, mastery of the best “event marketing” practices will carry over into other marketing areas as well, helping to create a real marketing culture in the process.

Pre-Presentation: Dress for Success

There are two dimensions to every presentation: the material being presented and the business reason for presenting it. The latter deserves at least as much preparation as the actual content of the speech or panel discussion, in fact, more so, as the marketing impact depends on many careful logistics. Among those logistics:

  • Send invitations on your own letterhead/email even if one has been separately sent by your firm. Doing so can boost attendance as colleagues and prospects who might not attend an institutional event may want to attend one they identify with you. From a marketing standpoint, it’s also a reminder of your expertise on the presentation topic.
  • Your firm should arrange to contact all sign-ups with a reminder a week ahead of the event. Call your own contacts a week before as well.
  • Circulate an internal note urging others at your firm to attend the presentation, wherever it is happening. Marketing staffers should attend as well as that can only help them promote and follow up on the event.
  • Obtain the most up-to-date attendee list and assign each attending attorney and professional support person from your firm a group of “must get-to-knows.”
  • Encourage attorneys from other practice areas to send invites to their clients. The presentation may be valuable for those clients too, or they can pass the information on to others in their company or organization.

During the Presentation: Deploy the Troops

Think of the temporal and spatial dimensions of the event in military terms. To maximize the long-term marketing impact, your own people need to be in the right place at the right time, and you need to engage the “other side” – those with whom you want to develop relationships – as strategically as possible. To these ends:

  • There should be at least one member from your firm at each table, if at all possible, so that every audience member can be potentially engaged. To avoid redundancy, no more than two from your firm should sit at the same table.
  • Introduce your colleagues before, after, or, if appropriate, during the presentation itself. The goal is to mine for cross-selling possibilities. You may find a pretext for introducing them in your speech. For example, “This whole related area of sick building litigation is also important…my colleague, Don Jones, who’s here today, specializes in these cases…Don, please identify yourself in case anyone in the audience has a question for you after the presentation….”
  • During the presentation or panel discussion, be on the lookout for opportunities to mention one or two relevant successes you and your colleagues have had. Do so, of course, in proper context, without being obviously self-promotional.
  • Any subject matter-related pretext for future contact is worth pursuing. For example, refer once or twice to an event, opinion, new legislation, etc., and say, “if you want more information on this, leave me your card.” Or consider distributing a simple survey on a substantive matter and promise to send the results to the attendees.
  • Make sure you ask the prospects you meet if it will be ok to contact them in the near future. It’s called “permission marketing.”

Post-Presentation: Seal the Deal

All these preparations and tactical maneuverings are for naught unless you follow up, follow up, and follow up some more. In particular:

  • All contact info from the cards you’ve collected should be entered into your CRM or other contact database.
  • Find pretexts for direct phone calls, including lunch invitations to those event attendees in your area.
  • “Merchandise” the presentation: i.e., post the speech to your website, send it as an e-blast, and get it to journalists who may be covering related topics.
  • Identify prospects not at the conference, but who you know are involved or interested in the subject covered. Send them highlights of the presentation.
  • If it was a third-party or association-sponsored event, identify ways in which you can further participate in that organization’s activities, including professional initiatives and pro bono activities as well as additional presentation opportunities.

No doubt, other best practices may occur to you. Generally speaking, if it seems they’ll be helpful to your prospects, they’re worth doing. As with all good marketing, put yourself in the other person’s shoes. What kind of outreach would you appreciate if you were an audience member? What would maximize the value of the event for you?

It’s common sense – but uncommon common sense.

Allan Colman is CEO of The Closers Group, based in Torrance. He may be reached at acolman@closersgroup.com.

Can You Get More Leads When Speaking? III.

These next 3 tactics to generate leads from your speeches, workshops, etc. need to occur before the engagement.

7. “Merchandise” the presentation: i.e. post the speech to your website, send it as an eblast; include it on your social media pages; and get it to journalists who may be covering related topics.

8. Circulate an internal note urging others at your firm to attend the presentation. Marketing staffers should attend as well as that can only help them to promote and follow up on the event.

9. Your firm should arrange to contact all sign-ups with a reminder a week ahead of the event. Call your own contacts a week before.

We have more coming but please share your ideas as well.

Can You Get More Leads When Speaking? II.

Can You Get More Leads When Speaking? II.

Continuing our series on making your speeches generate more leads and opportunities:

4. Obtain the most up-to-date attendee list and assign any of your colleagues in attendance to meet “must-get-to-knows.”

5. Encourage others in your firm or company to send invites to their clients. The presentation may be valuable for those clients too, or they can pass the information on to others.

6. If this is a firm sponsored event, or you are the keynote speaker, send invitations on your own letterhead/email, even if one has been separately sent by your firm. Doing so can not only boost attendance, but acts as a reminder of your expertise on the presentation topic.

More on building business from speeches in the next several posts.

Can You Get More Leads From Speaking?

Continuing our series on making your speeches generate more leads and opportunities:

1. During the presentation or panel discussion, be on the lookout for opportunities to mention one or two relevant successes you and your colleagues have had. Do so, of course, in proper context, without being obviously self-promotional.

2. Any subject matter-related pretext for future contact is worth pursuing. For example, refer once or twice to an event, opinion, new legislation, etc., and say, “if you want more information on this, leave me your card.” Or consider distributing a simple survey on a substantive matter and promise to send the results to the attendees.

3. Make sure you ask the prospects you meet if it would be ok to contact them in the near future. It’s called “permission marketing.”

More on building business from speeches in the next several posts.

Start Your Speech With a Magic Trick

My colleague, Frank Mims V, offers this tactic to make your speeches yield more leads. “Magic” is a performing art that entertains audiences by staging tricks or creating illusions. These are called magic tricks.

Your story is your magic trick. It should answer these 3 questions as part of your speech:

Who are you?

What do you have?

Why should they care?

More on building business from speeches in the next several columns.

And the Number 1 Reason to Hire Allan Colman

In addition to numbers 10-2, regarding building future leaders, teaching tactics, not theories, is always open to new ideas, is both mentor and tormentor, the number one reason to hire Allan Colman, according to PRLOG’s June 8th feature, is “He uses the New Jersey method of settling disputes – a 2×4!

If that’s not a convincer, what is?????

Reasons 2, 3 and 4 To Hire Allan Colman

If you have been following PROLOG’S Top 10 Reasons to Hire Allan Colman, we are fast approaching #1.

4. Allan is always open to new ideas.

3. He is an active mentor for business incubators and accelerators.

2. Allan’s clients call him both “Mentor and Tormentor.”

And tune in next time for #1!

Reasons 5 And 6 To Hire Allan Colman

Continuing with the Top 10 Reasons to Hire Allan Colman, featured in the June 8th editionof PROLOG,

6. Allan builds client trust by teaching them to drive others in a respectful but goal-achieving manner.

5. He recognizes the key to success is accountability for achieving ROI.

You will never guess what the #1 reason is.!!