What’s the best way to market your legal services?

December 14, 2015 by
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So, you want to know the best way to market your legal services? Read on, my friend, and all will be revealed.

But first, we need to talk about the two kinds of markets to whom you are marketing. The first is your “warm market”. This consists of people you know. Your clients, former clients, friends, business contacts, and other people who, to some degree, already know, like, and trust you.

Generally speaking, your warm market will hire you or recommend you without your having to “sell” them. They’re already sold on you.

They know what you do. They know your reputation. They’ve seen you in action or heard about your successes with clients they’ve referred to you in the past.

How do you market to your warm market? Basically, all you need to do is stay in touch with them. Keep your name and contact information in front of them, reminding them that you’re still in business and can still help them and the people they know.

Make sure they know about “what else” you do (your other services), and send them information about why they (or people they know) would need those services. Occasionally share some success stories about other clients you’ve helped.

The easiest way to stay in touch with your warm market is email. Stay in their minds and their mailboxes until they’re ready to hire you (again) or send you referrals.

Email is also best because it is a personal communication and gives you maximum control over the process. But you can also keep your name in front of your warm market via advertising, speaking and networking at their events, writing for their trade journals and blogs, and other means.

Am I saying that all you have to do with your warm market is stay in touch with them? Yes. Pretty much. You don’t have to do much more, although doing more is usually a good idea.

Consider reaching out to your warm market and helping them in their business and personal lives. Build a relationship with them, especially the ones who bring you the most business.

There are other things you can do, but if all you do is stay in touch with your warm market, you will probably get the lion’s share of their business.

(Note, prospective clients are often not warm market. You’ll want to send them more information, share more stories, make special offers, and do other things to encourage them to hire you or take the next step. Again, the easiest way to do that is email.)

Okay, let’s talk about the cold market. These are people you don’t know.

Most attorneys spend too much time and energy marketing to people in the cold market rather than focusing on their warm market. Remember, people in the cold market have to be found and they have to be sold. This is more difficult and expensive, especially since you are competing with all of the other attorneys who are trying to do the same thing.

There’s nothing wrong with advertising, blogging, social media, SEO, and other methods of attracting prospective clients. Especially if you handle divorce, litigation, criminal defense, personal injury, and other practice areas where “something has to happen” before people even think about looking for an attorney.

But there’s a better way to attract cold market prospects. Much better, because when they do come to you, they really aren’t cold market at all. I’m talking about referrals.

Instead of spending all of your resources finding and wooing cold market prospects, invest in growing your network of lawyers, other professionals and other centers of influence in your niche market or community.

Help them get to know, like, and trust you. Then, when someone they know needs a lawyer who does what you do, you’ll be in line to get their referrals. Those clients won’t have to be sold because someone they respect and trust is vouching for you.

There. Now you know the best way to market your legal services. Class dismissed.

Expand your referral network of lawyers and other professionals with this

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Filed Under: Marketing legal services, Referral sources, Referrals, Relationship marketing

Lawyer to lawyer referrals: don’t ignore this potential gold mine

October 2, 2015 by
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How many lawyers do you know in another state? Probably not many. That means there are a lot of attorneys in other states who also don’t know you and if they don’t know you, they probably won’t send you referrals.

What if there was an easy way to change that?

In the Lawyer to Lawyer Referrals, I said that the simplest way to get more referrals from other lawyers is to get to know more lawyers. Yes, you want to know more lawyers in your local area, but there’s a very good reason for getting to know lawyers in other states: no competition.

If you are in Pittsburgh, PA, an attorney in San Diego, CA might not have a lot of referrals for you, but if you’re the only lawyer he knows in Pittsburgh in your practice area, when he does have a referral, you’ll be the only one on his list.

Me entiendo?

Imagine having an email list of lawyers in other parts of the country, or in other countries, who know who you are and what you do? They hear from you occasionally, getting updates about your interesting new client, your big settlement, or your latest article or blog post. Your name and contact information is continually in front of them.

Of course you also ask them to keep you informed about their practice, because you might have a referral for them, or know someone who does.

Many of your contacts will never pan out, but some will. If there are 100 lawyers on your list, you’re going to get some business.

In fact, make that a goal. 100 lawyers on your list in the next 60 days. (You could do this in two days if you wanted to.)

Lawyers are easy to find. They have websites, they are on social media, they advertise. Find lawyers who represent the kinds of clients you target, contact them and introduce yourself.

You can call first, or email. Calling is better; email is faster.

Tell them you saw their website or ad or read something they wrote. Pay them a compliment or ask them a question. And then tell them that you’d like to know more about what they do because you don’t know any lawyers in their area and you never know when you might have a referral.

Of course they will ask about you and your practice.

It really is that simple.

For more ways to find and approach attorneys, both locally and in far off places, see Lawyer to Lawyer Referrals.

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Filed Under: Marketing legal services, Networking, Referral sources, Referrals

How to create passive income in your law practice

September 15, 2015 by
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I love passive income. You hear me talk about it all the time. Passive income allowed me to retire from the practice of law. Passive income allows me to do what I want with my time because the income comes in whether I work or not.

I enjoy consulting but don’t do much anymore because there’s nothing passive about it. Instead of spending hours each week speaking with lawyers and getting paid once, I’d rather invest my time in creating more passive income.

I built a business years ago that provides me with passive income. It still pays me, month after month, year after year. I also get passive income from my books and courses.

Why earn $500 from consulting when I could spend that time creating a new book or course that pays me $500 per month, every month?

Do it once, get paid over and over again.

Set it and forget it.

Okay, so hurray for me. What about you?

Well, you could create passive income by building a side business like I did (contact me if you want me to show you how), and you could create books and courses or other products that sell over and over again. Or you could invest in income-producing assets.

But maybe none of that is right for you.

Can you use your law practice to build assets that provide you with passive income?

In a way, yes.

Instead of creating intellectual property, you can create relationships.

Find clients who have lots of legal work you can do, instead of one time clients. Find referral sources who can send you new business every month.

You have to spend time nurturing those relationships, and you still have to do the legal work (or supervise the people who do), but once you have a new referral source or client with ongoing work, the work will come to you without you having to do much more.

Not quite true passive income, but close. The next best thing.

Each relationship is an asset that provides cash flow. Each relationship gives you access to everyone in that person’s network.

Robert Kiyosaki said, “The richest people in the world look for and build networks; everyone else looks for work.”

This week, how will you build your network?

How to get more referrals from lawyers

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Filed Under: Increase your income, Leverage, Referral sources, Referrals Tagged With:

Lawyer to Lawyer Referrals–New Referral Marketing Course Launches

August 17, 2015 by
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Do you remember the last time a lawyer sent you a referral? How would you like to have that happen every day?

My new marketing course, Lawyer to Lawyer Referrals: How to Get More Referrals From Lawyers and Other Professionals shows you how to get more referrals from the lawyers you know, and how to get more lawyers to become a new referral source for you.

Of course lawyers are potentially one of your best sources of referrals.

Sure, your clients may be willing to send you referrals. If they don’t know anyone who needs your services right now, however, there’s not much they can do. But lawyers talk to people with legal issues every day of the week. Unless those lawyers handle “everything,” they can’t help everyone.

They can either turn those people away or refer them to other lawyers. Like you.

In fact, many lawyers have the ability to send you a steady stream of referrals, month after month, year after year. If you have a systematic method of showing them how you can help their clients and prospects and business contacts. . .

YOU WILL GET MORE REFERRALS

But it gets better. Not only will you get more referrals from other lawyers, the clients they send you are often better clients than you typically get through other means such as the Internet or advertising.

They’re better because they are pre-screened by the referring lawyer. The lawyer knows if the client is a good match for you and if they can afford to hire you. They can also “sell” the client on you and your abilities, making it less likely that the client will “shop around” and more likely that they will hire you.

The referring lawyer can also provide you with pertinent information about the client and their situation, making it easier for you to relate to those clients and do a better job of showing them how you can help them. As a result, referred clients tend to sign up more quickly and with less effort on your part.

And referred clients are themselves more likely to provide referrals.

Lawyers get referrals from a lot of sources—clients, prospective clients, business contacts, friends, business owners, and other professionals—but one of the best sources of high quality cases or clients are referrals from other lawyers.

In Lawyer to Lawyer Referrals you’ll learn

  • Why some lawyers almost always get more referrals—and how to become one of them
  • The SIMPLEST way to get more referrals from other lawyers (without asking for referrals)
  • A proven system for increasing referrals by up to 1,000%
  • What to say to lawyers who “owe” you referrals
  • How to get referrals from your competition
  • How to use incentives and “referral devices” to get even more referrals
  • How to set up simple joint ventures with other lawyers. Don’t wait for referrals to happen, MAKE them happen
  • What to do about referral fees
  • The ultimate, long term, best way to get other lawyers to send you MOST or ALL of their referrals
  • What to do when you don’t have referrals to send them (i.e., when you can’t reciprocate)
  • How to get referrals as a new lawyer or when starting a new practice
  • A 7-step process for getting all the new referral sources you could ever want

One of the best things about this course is that it allows you to “automate” your referral program with a “referral letter” that does most of the work for you. It’s not as simple as mass mailing letters to other lawyers, but it’s close.

Have you ever had a lawyer tell you they sent you a referral, but you don’t know what he’s talking about because you never heard from the client? Your referral letter will make sure that doesn’t happen.

Lawyer to Lawyer Referrals is the ultimate referral-getting system for any lawyer. It comes with scripts and step-by step instructions and everything else you need to start getting more referrals immediately.

GET MORE REFERRALS IN 15 MINUTES A DAY

You may be wondering if this system will take up a lot of your time.

Nope.

You can get everything set up in a few hours, and then spend as little as 15 minutes a day “working” the system. And you can delegate some or all of the daily activities if you want.

The course comes with a Bonus Quick Start Guide to help you get your referral program set up and working. Then, you can use the system over and over again, to get more referrals from the lawyers you know and to get more lawyers and other professionals on your “team”.

No matter how many referrals you now get in your practice, you are about to learn how to get more. Lawyer to Lawyer Referrals comes in pdf format and is available for immediate download. You can use PayPal or a credit card.

Lawyer to Lawyer Referrals is only $79 $59 for a limited time. Click here to order.

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Filed Under: Marketing legal services, News, Referral sources, Referrals

You can expect what you inspect

August 13, 2015 by
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In marketing legal services, you need to know your numbers. You need to know where prospects and new clients and website traffic are coming from so you can do more of what’s working and less of what isn’t.

Knowing your numbers allows you to cut expenses (time, money) and increase profits.

For starters, ask your new clients how they heard about you. If they found you through a search engine, ask which one, and which keywords they used. If they saw one of your articles or blog posts or videos, on your site or elsewhere, ask them to identify it. If someone shared one of your blog posts or social media posts, which one?

Do the same for prospects who call to ask questions or schedule a consultation.

If the client or prospect was referred to you, you need to know the source of the referral. Was it a client? Another lawyer or other professional?

Who was it? What did they say about you?

You need to know so you can thank the referral source, even if the referral doesn’t become a client. When you show people that you appreciate what they have done, they are more likely to do it again.

What you recognize, grows.

Of course you also want to know which of your referral sources deserves more of your thanks and your attention. You may know 100 lawyers, but if four or five are sending you more referrals (or better referrals) than the rest, you’ll want to send your referrals to them.

When someone calls your office, they should routinely be asked where they heard about you. Your intake form should ask this question.

Because you need to know.

You can track referrals and other metrics with a simple text document, a spread sheet, or on a legal pad.

Once a month, examine your global numbers, i.e., how much new business (traffic, opt-ins, etc.) you got for the month, and from what sources. If one of your articles is drawing lots of traffic to your site, you need to know this so you can write more articles like it. If you’re getting more business from referrals and less business from social media, knowing this will help you know where to invest your time.

In addition, once a month, look at your numbers for each individual source of business–each ad, your blog, speaking, individual referral sources, etc.

Know your numbers, because you can expect what you inspect.

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Filed Under: Law office management, Leverage, Marketing legal services, Marketing Plan, Referral sources, Referrals

Watch me pull a rabbit out of my hat

July 22, 2015 by
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I’m going to write a blog post today and show you my process. I want you to see how simple it is, and how quickly it can be done.

While I was out shopping with my wife yesterday, I thought about two of our neighbors who have just repainted their houses and wondered how they chose their painters. I remembered how we chose our painter, Mr. Kim, the last time we repainted, and wrote down the topic for today, in Evernote. This morning, on my walk, I came up with the Bullwinkle-inspired title for this post.

When I got to my desk, I wrote down the topic, and set a timer for five minutes. I started the timer and wrote, without stopping. When the timer sounded, I had written 253 words for the first draft.

I set aside the first draft for a few minutes, came back and wrote what you’re reading now. I spent a few more minutes editing the first draft. The final version of the post, not including what you’re reading now, is 340 words.

This post isn’t brilliant. I made a good point, and made it interesting, I think, by referencing a personal anecdote.

Total writing time today, approximately 15 minutes. And I’m done for the day.

So, here’s the post:

====
WATCH ME PULL A RABBIT OUT OF MY HAT

Two of my neighbors just repainted their houses. As I watched the painters working, I thought about the last time we repainted and how Mr. Kim and his brother did such a good job for us. He put on two coats, and this has lasted a good ten years or more. I’m not sure, but I wouldn’t be surprised to find that our neighbors had one coat done and will have to repaint again in a few years.

The Kim brothers were very thorough, clean as a whistle, and very low priced. When we paint again, we’ll use them again.

I found the Kim brothers through my former secretary. Her husband is a meticulous shopper, very detailed oriented, and drives a hard bargain. He was a banker for most of his career, so I guess this isn’t surprising. He did a lot of research before hiring the Kim brothers and told us how happy he was with them. Good enough for me.

Friends ask friends for referrals. Especially with expensive purchases. We depend on referrals because they save us time and money and help us avoid the risk of making a bad choice. This is true for finding a contractor, or a lawyer.

I thought, what if I had been referred to the Kim brothers not by my secretary’s husband but by a lawyer I had hired. I’d be grateful to that lawyer for his help and I would assume he could help me with other referrals, to other contractors, businesses, and professionals. I’d go back to him when I needed a referral, and when I needed a lawyer again, he’s the one I would call.  I’m sure I would refer clients to him, too.

The point is, every lawyer should make a point of being a resource for their clients and prospects. They should go out of their way to seek out high quality businesses and professionals and recommend them. Their clients will be happy, hire them again when they need them, and send them referrals. So will the businesses and professionals he or she recommends.

Want more referrals? Go find a good painter you can refer.

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Filed Under: Blogging, Newsletters, Referral sources, Referrals, Writing

How to motivate clients to send you more referrals

July 8, 2015 by
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You can’t pay clients for sending you referrals. Not cash, anyway. But you can reward them nonetheless, and thus motivate them to send more referrals.

Reward them? Yes, by including them in your inner circle. The one you have established to recognize your best clients. You know, the clients who hire you most often, send you the most referrals, and otherwise help your practice grow.

Clients who qualify for your inner circle get a special invitation, a scroll or plaque, or maybe a polo shirt with your firm’s name on it.

Nice. But you can do more.

You might invite inner circle clients to special “client dinners” with guest speakers (who pay for the dinner in return for being able to offer their services). You might invite them to your firm’s Christmas party, bar-b-que or beach party. Do you play golf? Perhaps the best of the best get to join your foursome.

If your inner circle clients own a business or professional practice, you feature them on your website and in your newsletter. You might take their employees out to lunch.

Inner circle clients get preferred access to you. You take their calls first, return their calls first, and respond to their letters first.

You might periodically enter the names of inner circle clients in a drawing for a new iPad. Maybe one lucky winner gets their legal fees free that month.

You talk up your inner circle in your newsletter. You congratulate new inductees and prize winners. You promote the upcoming event. Your other clients, the ones who haven’t yet made the cut, hear about the inner circle and want in.

You might establish qualifications for joining your inner circle, or keep it at your discretion. You can invite all clients who pay their bills on time, or only invite clients who send at least one referral every six months.

Whatever you do, those who are in will want to stay in, and those who aren’t will want to be invited. Everyone will talk about your inner circle, everyone will want to be on your team, and everyone will do more to be included.

If you like this idea, your next step is an inner circle for professionals you send you referrals. It works the same way. Behavior that gets recognized and rewarded gets repeated.

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Filed Under: Client loyalty, Client relations, Marketing legal services, Referral sources, Referrals Tagged With: ,

Don’t stop to pick up pennies or you’ll miss out on the dollars

April 8, 2015 by
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At one point in my legal career, another lawyer and I were flipping real estate. The market was hotter than Hades and we were making a boatload of money.

I thought, “Why not get a broker’s license and get a piece of the commissions, too?”

Bad idea.

Many brokers didn’t want to work with me. Others were willing to do so but brought their best deals to other investors first.

If you compete with people who bring you deals, you get fewer deals.

I got rid of my broker’s license.

I also realized that if I wanted brokers to bring me the best deals, I had to make it clear that I would never try to cut their commissions, as many investors do. But I took it a step further. I told them that if I made money on the deal, I would cut them in on the profit. In addition, when it came time to put the property back on the market, I assured them that they would get the listing.

Guess who they brought their deals to?

If you want insurance agents and financial advisers to send you referrals, get rid of your insurance and securities licenses. If you handle divorces and you want referrals from business lawyers, think twice before you include business law on your list of practice areas. If you have bar licenses in other jurisdictions where you don’t actively practice, consider retiring those licenses.

When you compete with people who send you referrals, you get fewer referrals.

Think about where you earn most of your money, or want to, and focus on that. Don’t stop to pick up pennies or you might miss out on the dollars.

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Filed Under: Referral sources, Referrals, Specializing

Bundling isn’t just for political campaigns

January 21, 2015 by
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I just got an email with a great offer on a “productivity bundle”: “For just $59.99, you can unlock one-year subscriptions to Wunderlist Pro, Pocket Premium, Evernote Premium, and LastPass Premium.”

If you’re interested, here’s the link.

Now, put on your thinking cap. How could you use bundling to market your services?

Find one or more compatible service providers–lawyers in different practice areas, (including lawyers in your firm), a CPA, a financial planner, or a business owner–anyone with a product or service your clients or prospects might want and need–and create a bundle that each of you can offer to your lists.

It might bring in more clients but it will definitely get your name in front of a lot of prospects and help you build your list. It’s also a great way to deliver added value to your clients.

You could offer a “entry level” service, a review package, or a maintenance contract. Or you could also do this with information products. (If you handle litigation only, this is probably your best bet.)

Your ebook, video course, recorded seminar, checklist, form set, or anything else, combined with something similar from other professionals, all bundled up and available for a small payment, or even free.

Of course putting this together is a great way to meet other professionals and start building a referral relationship.

Check with your handlers to make sure you are allowed to bundle services with non-lawyers. And note that some professionals (i.e., insurance, securities) probably cannot bundle their products, but they may have a service or information product that would work.

Talk to another professional and tell him or her your idea and see what they think. You only need one other participant to create a bundle, but I’m betting that once there are two of you, you will quickly find others who want in.

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Filed Under: List building, Marketing legal services, Networking, Referral sources, Referrals Tagged With: ,

What kind of attorney are you?

September 29, 2014 by
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When you hand someone your business card and tell them you’re an attorney, what do they typically say to you? They ask, “What kind of attorney are you?” or “What kind of law do you practice?”

They can’t tell from the word “attorney” and most attorneys don’t identify their practice areas on on their card.

If you simply answer the question and state your practice area(s), you’re missing out on a big opportunity. Instead, you should say something like this:

“I handle [whatever you handle]. I also know a lot of attorneys who handle other matters, and many other professionals and business owners in town. If you ever need a referral to anyone, for any reason, please give me a call, okay?”

You can modify this to suit your practice and the people you’re speaking to. If you know a lot of financial planners, for example, and you’re speaking to people you think might benefit from financial planning, you can add “financial planners” to the list of professionals you know.

So what does this accomplish? It gets the person to see you as a resource and a nice guy or gal. Not just someone with a service to sell, but someone who can and will help them. All they have to do is ask.

It also suggests that you are very good at what you do. If you know lots of professionals, then lots of professionals know you. That speaks to your success and reputation.

Finally, it gives them a reason to hold onto your card. And, because you added the word “okay?” to the end of your statement, whether or not they verbalize a response, it makes it a little more likely that they will call you when they need a referral.

It’s a simple way to make a good first impression, and it gets more people calling. When they do, not only will you have a new contact who is grateful for your help, the professionals you refer them to will also be grateful and primed to reciprocate.

There are other things you can do when you meet a new contact, especially if you think they may be a prospective client, but this is something you can and should do with everyone. When people need help, you want them to think of you and remember that they have your card.

By the way, when someone asks me what kind of lawyer I am, the first thing I usually say is, “A good one”. I do it with a little smirk and it gets a laugh or a smile and suggests that I’m not overly serious or full of myself as many lawyers are thought to be. I follow that with my “real” answer.

Marketing legal services is easier when you know The Formula.

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Filed Under: Business cards, Communication, Marketing legal services, Networking, Referral sources, Referrals, Relationship marketing
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