What’s the best way to handle objections?
The best way is to eliminate them before they occur. That means providing enough information to prospective clients on your website, in your presentations, and in your client meetings, so that all of their issues and concerns are addressed and there is nothing left to object to.
Give them the facts. Share the stories. Provide FAQ’s that deal with all of the objections you commonly hear.
If money is a common objection, make sure you build the value of what they get, show them how not hiring you could be even more costly, and explain the payment options you have available. Deal with this issue in advance and you will get far fewer objections.
You won’t completely eliminate objections, however. What then?
It depends.
Sometimes, the best way to handle objections is to repeat them back to the prospective client. People often say things they don’t really mean or haven’t thought through. When they hear their own words repeated back to them, it causes them to re-evaluate. As they respond, they often answer their own objection.
Your conversation might go like this:
CLIENT: “I want to think about it”
YOU: “You want to think about it?”
CLIENT: “Yeah, I need a day or two”
YOU: “A day or two?”
CLIENT: “Well, maybe not that long. I need to see if this is something I want to do.”
YOU: “Something you want to do?”
CLIENT: “Well, I know I need to do this but it’s kinda expensive [the true objection reveals itself]. . .”
YOU: “Expensive?”
CLIENT: “Yeah, it’s a lot of money to me. But like I say, I know I need to do this and I guess I can put it on a credit card, so let’s get this going. . .”.
Sometimes, the best way to handle objections is to respond directly. When the client tells you they want to think about it and you know the real objection is probably something else, like money, you might say, “I understand completely. It is a big decision and it is a lot of money. But you have to consider what might happen if you ignore this problem. As we discussed. . .” and go over the issues and possible outcomes again.
If you’re not sure what the real objection is, ask them. “What exactly do you want to think about? Is it the need? Is it the cost?”
Handling objections this way is sometimes referred to as “Feel, Felt, Found.” It is a way to validate the client’s position before you respond to and overcome their objection. So if they object to the expense, you might say, “I understand how you FEEL. A lot of my clients tell me they FELT the same way when they were in your position. But once we got started, they FOUND that it was money well spent and they were glad they got it taken care of.”
Sometimes, the best way to handle objections is to ignore them. You’ve handed the client a retainer agreement and pen and he tells says he wants to think about it. Instead of saying, “Sure, just let me know,” and having him walk out, you say, “I can get started this afternoon and have everything done for you by next Tuesday. You will finally be able to move forward with your life and you told me that’s what you want to do. Today is the 15th; make sure you write the date here” and point to the blank for the date.
Clients typically have the same four or five objections, not hundreds. Think about the last few prospective clients who didn’t retain you. What did they say? How did you respond? How might you have handled it differently?
Come up with two or three ways to handle each common objection and the next time they arise, you’ll be ready.
Want to make the phone ring? Here’s my step-by-step system.
Poor follow-up: another symptom of underearning attorneys
Yesterday’s post was about the price you pay for under-valuing and under-pricing your services. It is one of the 12 “Symptoms of underearning” on the Underearners Antonymous web site.
Today’s post is about another symptom of underearning common to attorneys. It’s number 11 on the list, “Not Following Up”. This includes failing to follow up on “opportunities, leads, or jobs” or beginning many projects and tasks and not completing them.
“Not following up” may be caused by psychological issues (i.e., low self-esteem, fear of failure), but it’s often just a matter of poor organization.
There was a period in my career when I had a large number of people I needed to follow up with every day. These were prospective clients I had spoken to but who weren’t ready to sign up. I needed to follow-up with them in 30 to 90 days. If they still weren’t ready, I would schedule another follow-up.
Every day, I spoke to prospects at various stages of readiness. Some I’d spoken to once, others I’d spoken to several times. Every day, new prospects were added to the list and before long, I started to fall behind. Out of necessity, I developed a system for tracking follow-ups. It allowed me to efficiently manage hundreds of prospects who were in my “funnel” at any given time.
You may not call prospects like I was doing, but the concepts behind this system may help you stay on top of other follow-ups you need to do.
The first thing I did was make a prospect tracking form. It was a single page with space for their contact information, notes of our discussions, and a place to record the next follow-up date. Everything I needed was in one place. (I do everything electronically today, but the principles are the same.)
Next, I developed a set of rules for when follow-ups would take place. As I recall, I had criteria for two week follow-ups, 30 days, 60 days, and 90 days, depending on their level of interest and stated reasons for not going forward.
The key to making this work was to decide when to follow-up, and record it, before moving onto the next prospect. There were four choices for follow-up and all I had to do was choose one. Prior to this, I would put the day’s tracking forms in a pile and go through them at the end of the day, deciding when to follow up. This wasted time and was unnecessary. With my new rule, I looked at the page just once and not again until the follow-up date arrived.
What did I do with the tracking form? I filed it in a manual “Tickler” file, a metal file box with hanging folders. I used a variation of the system described at 43 folders–twelve monthly folders and 31 daily folders. As I scheduled follow-ups, I filed them in the appropriate folder (well, on the closest weekday).
Every day, I would empty that day’s folder and move the empty folder to the back of the group. At the end of the month, I would do the same thing with that month’s folder. This way, “today’s” folder was always in the front of the box.
Every day, I knew exactly who to call. When I was done with those calls, if they still weren’t ready to sign up, I put the prospect form back in the tickler box at the appropriate future date.
Why not use the calendar? Because the calendar should be reserved for tasks that are due on a given day, like an appointment. If you want to follow up with someone in 30 days, this is approximate. If you don’t call them on that day, they won’t know it. So if you aren’t able to do some of your follow-up calls on a given day, you can move them to the following day.
There were times when I scheduled a follow-up for a specific day and I did put those on the calendar. If the prospect and I had a phone appointment (which I encouraged), the date and time were scheduled on my calendar. If the time was not specified but I was asked to call on a certain date, I would calendar it for that day but not at a specific time.
This system made me a champion at follow-up. I signed up many new clients that I am sure would have otherwise fallen through the cracks.
You may be wondering how many times I followed-up with a prospect. Well, some of my prospects didn’t sign up until I had followed-up six or seven times. Some, after ten or more. So, I my rule for how many follow-ups: Follow-up until they “buy or die”.
It kept things simple. And profitable.
Want to earn more even if you’re NOT good at follow-up? Download The Attorney Marketing Formula and find out how.