WiththethreatofdirectaccessandASSfirms,whatcansolicitors...
Transcript of WiththethreatofdirectaccessandASSfirms,whatcansolicitors...
With the threat of direct access and ASS firms, what can solicitorsdo to improve their marketing and image with the public? Leedsand Yorkshire Lawyer asked two experts for their opinion.
Chrissie Lightfoot is CEO of legal consultancyEntrepreneurLawyer Limited and author of thegroundbreaking book 'The Naked Lawyer: RIP to XXX - Howto Market, Brand and Sell YOUf'. More information can befound at www.entrepreneurJawyer.co.uk
Natalie Rodgers is the managing director at Scala,the business development consultants specialisingin the legal sector. Visit www.scaJa.uk.com or emailna ta lie rodge [email protected]
Last month, Lawyers2You (the franchise operationthat delivers competitvely priced access to localsolicitors and offers free initial legal advice) becamethe latest customer-facing legal brand to have set upshop in Leeds. .
It's yet another reminder for firms to dedicate thinkingtime to their marketing strategy.
But what sort of things should law firms be givingpriority too over the coming months?
Here are Scala's three top choices.Social media should be top of this list. Firms need
to focus on harnessing the power of social mediato communicate their key marketing messages andestablish dialogue with their clients. There is no doubtthat most firms have Twitter accounts but a quick spotcheck of one of Leeds leading law firms revealed thatthey only managed one tweet recently o.ver a one monthperiod.
Another priority.should be consistently deliveringexcellent customer service. Research carried out by theInstitute of Customer Service demonstrates that thereis a direct correlation between market share growth andcustomer satisfaction. It sounds obvious but firms aren'tmaking the grade. The YouGov survey commissionedby the Legal Services Panel (published in May this year)revealed that only 70% of recent users of legal servicesfelt 'they were treated as individuals rather than as justanother file'. This figure had been 75% in 2011.
And finally, for B2B law firms, make sure that staffare utilising Linkedl n to its full effect. Anecdotally Ifrequently hear stories about how initial communicationsthrough Linkedln are ultimately converted intoinstructions.
Spend time getting profiles 100% complete andensure that they include a comprehensive description ofthe work undertaken and expertise.
Crucially, action your 'profile views'. Call me sad, butI get quite excited when someone views my profile.Why? It means that I am being found by prospectiveclients. So don't be afraid to send a Linkedln request topeople who you know have checked out your profile.
It is, and will continue to be, a volatile, highly competitive,price sensitive, technological, digitised, dynamic andchallenging legal market.
Accordingly, marketing efficiently and effectively is moreimportant now than ever to position the firm accuratelyand prominently in the chosen market to be of real val.ue toexistin9, potential and latent buyers of legal advice.
Now that the Legal Services Act 2007 and theAlternative Business Structure (ABS) model as anattractive alternative to traditional corporate governance isin full flow, non-lawyers entering the legal profession andlegal industry providing alternative forms of legal advice -whether commoditised or non-commoditised, regulated ornon-regulated products and services; offline and/or on line- is now a reality.
Quality marketing and raising brand awareness oughtto be a solid pre-requisite to sales and be party tothe entire client experience embracing extraordinarycustomer relationship and service throughout the entiresales process. Accordingly, new trends which solicitorsneed to be aware of include 'Unsales' and 'Unmarketing'(relationship sales and relationship marketing) epitomisedby the increasing use of social media and socialnetworking to effect the same as a communication,marketing, sales and customer relationship tool in the'Didto attract and retain customers.
Lawyers are increasingly expected to be social mediaand social network savvy. to the extent that tomorrow'slawyers will not even get passed the CV check in the HRdepartment. Notably, over a third of law firms now havesome form of social media advisor.
In addition, we are witnessing the increasing use ofsophisticated 'marketing technology' by innovative lawfirms in the form of Customer Relationship Management(and Client Analytics) systems alongside pricing and billingsystems to monitor, analyse, identify and continually'touch' clients of value. Such systems are proving crucialto aid informed decision-making in relation to tendering,pitching, target market, sector and niche focus, the bestuse of marketing budgets and evaluation of growth plans.
Going forward, new sexy players, often with non-lawyerinvolvement and in some cases with telecommunicationsand/or retail marketing savvy, are pioneering newentrepreneurial 'business of law' models. Thesecompetitors will continue to disrupt many legal sectorswith affordable, accessible, no-nonsense, jargon-bustingand 'comfort giving' legal services.
scalabusiness development
---Leeds & Yorkshire Lawyer I Issue 115 33