If a prospective client asks you why they should choose you as their lawyer instead of any other lawyer in your field, what would you say?
Most lawyers would point to their experience and track record. Some will mention well-known clients they represent. Others will point out their positive reviews or testimonials.
And all of that is good.
What’s even better is being able to show prospective clients the added value you bring to your clients that other lawyers don’t offer.
Something that benefits your clients in a material way.
What might that be?
It will be different for different client niches.
Most lawyers don’t target niches. They offer their services to “anyone” with a given legal issue or “anyone” who is interested in a given legal service.
It’s hard to stand out that way.
It’s better to choose a niche market and “specialize” in it.
A niche is defined by industry or culture, type of business or occupation, or other socio-economic or demographic factors. Specializing in a niche means dedicating yourself to it.
Immerse yourself in the niche, study it, and learn everything you can about it. Learn what they do, what they want, their problems, their pains, what’s important to them. Build relationships with the people in that niche and the professionals who advise them.
That’s how you find the added value you can offer prospective clients.
Example time.
Let’s say you choose “start ups” in a certain field as a niche market. You’ll no doubt discover that these companies need investors.
Because you have built relationships with people in that niche, you will have access to investors.
The added value you bring to your clients in this niche is your ability to introduce them to investors.
Your clients benefit when they choose you as their lawyer because you do something for them other lawyers don’t do, or don’t do as well because they don’t specialize in that niche and don’t have the relationships you do.
You also add value to your relationships with the investors and their advisors in the niche, because you’re the lawyer who can bring them the deals they’re looking to invest in.
You build a reputation in that niche which helps you attract more clients.
Choose a niche and dedicate yourself to it. When a prospective client wants to know why they should choose you, you’ll have the perfect answer.
Want help in choosing a niche? Here you go