Part 2: The 9 Top Habits of Successful Rainmakers

The Rainmaker Institute

Successful rainmakers consistently apply certain habits and characteristics to distinguish themselves from competitors and increase the revenues of their law firms.

Click here to read Part 1 for the first three top habits of successful rainmakers. Here are the next three:

4.  Mind and Grow Your Referral Network

Just like any cash crop, a referral network needs to be nurtured in order to grow. And one of the best ways to nurture your referral network is to keep educating them about your firm so they can send you great referrals.

Here are five things you need to tell them:

  1. What your perfect client looks like. Provide a detailed description of your ideal client.

  2. Why someone should hire you. Be clear about your unique competitive advantage.

  3. What problems you solve. Again, be as specific as possible.

  4. How you follow up. Tell them your process so they are comfortable with referring you.

  5. Why referrals are important to you.

In addition, you need to find unique ways to thank your referral sources and, whenever you can, reciprocate.

5.  Leverage Relationship Building Tools

Staying connected with referral sources and clients you want to hire you again and again is the hallmark of a great rainmaker.  In my experience over the dozen years of working with more than 10,00 attorneys, I’ve found one simple solution that will help you achieve this goal without much effort or expense on your part: an e-newsletter.

E-newsletters provide an easy way for you to reach out to your entire network at the same time and to keep your name and your firm in their mind. The key benefits include:

It Establishes a Dialogue – Most email marketing companies make it easy to provide links to email and social media. The easier you make it for a contact to share information, the more likely they will share it.

It’s Easy to Track – Your email marketing provider will make tracking your effectiveness simple. They know who opened your email, who opted out, who clicked through. It’s an easy way for you to find out if the newsletter is working.

Keeping Them Informed – With a newsletter, you can include information about other firm highlights you want to share. Did someone just get an award? Did a case just settle? Did someone new join the firm?

Keep in Touch – Use the newsletter to keep in touch with former clients. It will reinforce the positive impression you had on them and ensure that you are top of mind if a new issue arises.

Educate Your Clients – If you handled my divorce, then I may not think of you when it comes time to hire an estate planning attorney. That isn’t my fault though, it’s yours. Educate your past, current and future clients and referral sources about all your practice areas.

It is a long road of small interactions, but by focusing on creating a solid relationship with your network you will benefit in the end.

6.  Develop a Marketing Mindset

The Internet and social media has blown the old legal marketing model to bits, and those with the entrepreneurial mindset and vision to harness the incredible power of these modern marketing tools create their own opportunities for revenue and growth beyond their wildest dreams.

Be proactive to recognize opportunities for you and your network and keep the radar on in every aspect of your life. Marketing is not an event, it is a mindset and a lifestyle. Access every resource available to you — internal, external, memberships, friends, family, and colleagues.

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How Americans are Consuming Digital Media Today

The Rainmaker Institute

Digital research firm comScore is just out with their 2015 U.S. Digital Future in Focus report, which details how Americans are currently interacting with technology and consumed media. Here is an overview of the findings that can help inform your law firm marketing efforts:

Multi-Platform

Over the past four years, digital media consumption has grown 394% on smartphones and 1,721% on tablets. However, the desktop is not dead — its usage has grown 37% over the same time period. What this says is that Americans are expanding their use of ALL devices, engaging with multiple screens throughout the day

.How Americans are Consuming Digital Media Today

Mobile

At the end of 2014, U.S. smartphone penetration was at 75% and has been growing at a rate of 16% annually. Apple and Android share 95% of that market.

Social Media

Facebook remains the 800 lb. gorilla with an 81% reach of the total digital population. Time spent on Facebook is 18x more than any other social network. Google+ has a 38% reach, LinkedIn is at 37% and Twitter at 36%. Here is the demographic breakdown of who is spending time on the top social sites, by age group:

social

Video

While mobile video viewing is on the rise, desktop viewing is still #1. Nearly 7 of 8 Americans watch online video, and more than half of those watch every day. YouTube remains the #1 destination and video platform with the most engagement.

video

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Three Reasons You Need Email Marketing

RW Lynch Company, Inc.

Email marketing. You may have heard that it is old fashioned, ineffective and ultimately a waste of time and effort. Despite what the naysayers preach, this is simply untrue. We live in the internet age. It is crucial for law firms to get their name out there. Email marketing is a thriving, affordable and effective way to build and market your firm, increase conversions and remind clients who you are. We believe that email marketing is one of the best business practices for lead cultivation and management. Why?

It’s inexpensive

Perhaps the best feature of email marketing is that it is economical. Email marketing is a great way to spend less and receive a greater return on your investment. It cuts out high costs that other marketing channels, like direct mail, add on. You can communicate with contacts more frequently because an email takes less time and money to create. All you need is an effective email marketing program. Many legal marketing companies, like RW Lynch, provide an email marketing service that will take care of everything from templates to content, and more.

It’s convenient

Emails are easy to send, and they are easy to receive. A postal mailing, for example, takes significantly more time and effort. Designing, printing, folding, stuffing, stamping and mailing does not leave much time for taking care of clients. Typing a quick email and clicking send is a lot more cost effective, and saves a lot more of your valuable time. Email marketing is even convenient for you clients. Imagine the likelihood of a client carrying around a physical mail piece to share with their loved ones. Now imagine the likelihood of that same client forwarding an informative email, or sharing it on social media. Email marketing is simply an easier way to communicate with leads.

It keeps you on their mind

The best feature of email marketing might be that it is economical, but the most important aspect of email marketing is that it keeps you in touch with current and former clients. Remind your contacts that you are there when they need you, without becoming overbearing. Remind your clients that you care by sending personalized messages, holiday greetings and birthday wishes. Your clients are far more likely to refer you to their friends and family if they remember that you worked hard for them. The easiest way to remind them is through consistent email marketing.

There are a lot of options when it comes to marketing yourself and your law firm. Many options are exceedingly expensive and offer little to no return on effort and investment. Email marketing is a simple practice that will make a big impact. If you think that you are too busy for email marketing, don’t forget that there are many email marketing programs available and waiting to help you succeed.

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A Cheap Website Could Cost Your Firm Millions of Dollars

Consultwebs, Legal marketing

Lawyers know the value of hiring an experienced, successful lawyer for representation. An inexpensive lawyer that has a small, inexperienced staff and lack of resources may cost less initially, but the long-term results could be disastrous.

Web marketing is the same.  While cheap websites are plentiful, the return on investment (ROI) will be minimal since the cheap website will not compete favorably with the large number of Internet competitors.

Is low-cost Web design really a bargain when the Internet is outpacing every advertising medium in growth?  Below are some examples and considerations.

The Cheap Website Looked Like a Pretty Good Choice

Consider a typical, small Personal Injury practice we talk to on a daily basis. Let’s call it “Sample Law Firm.” The marketing director at Sample Law Firm researched website developers and selected what he thought was a good deal. The contract terms probably appeared to offer quite a bargain: maybe the low-bid vendor waived a few “standard” fees and set up the website for low or no cost, based on an annual contract of $2,000 per month for maintenance and SEO services.

A year or two later, Sample Law Firm has seen a $6,000 monthly return from the new, inexpensive website. The budget-minded marketing director celebrates his success, feeling like he made a rather smart investment.

And it would be hard to argue, right?

ROI Matters When Considering Your Firm’s Website

Let’s consider how Sample Law Firm might look today if its decision-makers had considered investment ROI when deciding on a Web vendor.

A competing legal Web marketing company with a strong reputation in the industry counseled Sample Law Firm to devote a larger budget to develop a more robust, more compelling Web platform that included many additional methods of obtaining clients. The catch was, “doing it right” required a $5,000- to $12,000-per-month additional investment for search marketing and audience development initiatives via social media, strategic paid advertising, public relations, outreach, and community involvement.

After the first year, as Sample Law Firm invested $5,000 to $12,000 per month, their average monthly return was $60,000 to $200,000 above their investment.

the high cost of a cheap website

Choosing the cheap website, Sample Law Firm garnered about $4,000 per month profit on its $2,000 outlay. In contrast, had the firm’s leadership taken into account the ROI potential of a tightly targeted but higher monthly expenditure, the firm would have netted $127,500 each month on its $8,500 investment, depending upon the competitiveness of the market, aggressiveness of the campaign, and other factors.

The “inexpensive” website cost the firm $123,500 per month, or $1,530,000 over the course of a year.

inexpensive law firm website

Law firms achieve a strong investment return on their websites when they give Web visitors an immediate sense of trust in the firm. A well-designed website establishes trust by revealing that the firm is professional, credible and experienced, and has a human touch. Highly talented legal marketing vendors have the experience to make sure a site delivers this experience and converts visitors by immediately earning their website visitors’ trust.

What Does a Bigger Website Investment Buy Me?

Many Web vendors “sell” their service but do not back the sale up with support.  They provide template reports and periodic brief meetings, but do not provide the proactive marketing assistance that is needed to be successful; there is no long-term plan in mind.

Most people researching legal issues online—your potential clients—will visit more than three or four law firm websites before they select one to contact. A strong site engages its visitors through great design, high-quality videos and photography, and overall user experience. Ideally, the site’s users will be greeted by a knowledgeable, compassionate receptionist in the form of a chat operator.

Reputable Web vendors excel at search marketing, making sure that your firm is represented on the first page of search results, which is a time-consuming and ongoing investment. Investing enough and investing it wisely will earn visibility in organic, local, and even pay-per-click (PPC) campaigns.

Let’s not forget the mobile experience. In some market areas, 30 to 50 percent of Web visitors use a mobile device.  Good Web development incorporates responsive design to convert clients on mobile devices, just as they do for desktop users. Prominent legal marketing companies will include mobile development, which is lacking in cheaper alternatives.

The Internet is rife with competing lawyers. A firm needs not only to invest enough to build a high-quality website, but to invest marketing funds wisely. As mentioned above, the best campaigns incorporate creative search marketing solutions with long term growth in mind by developing great assets for content marketing, scholarships, webinars, podcasts, and special campaigns that give the firm a quality “unique value proposition” (UVP). A low investment simply cannot fund the type of marketing efforts needed to rise above the competition.

An experienced law firm Web marketing company will tie together all the requirements for a successful legal website. Good keyword rankings, backlink profiles, local presence, citations, and strong technical SEO will increase search visibility. Compelling listings—good titles and meta descriptions—are fundamental.

A well-designed site connects with prospects when they land on the page, conveying trustworthiness, professionalism, ability, care, and concern. The successful website offers a good experience to the user, flowing smoothly between subjects and providing helpful information that instills trust in the knowledge, expertise, and abilities of the attorneys at the firm.

The Importance of Conversions

After all that, a page must move the client to contact the firm, and then the intake process must be handled smoothly, quickly, and efficiently so that the prospect feels cared for and well served from the beginning of the relationship.

Finally, a successful Web presence will foster loyalty and renewed business from clients and will include social interaction and positive online reviews—the word-of-mouth of the 21st century.

Every step in the process, from connecting with prospects to the ongoing relationship with clients whose cases have been resolved, requires technical expertise. The best legal Web marketers have a talent pool of expert staffers and vast resources to ensure that each step is handled professionally. Web development is a complex process that requires a team of specialists.

A single high-dollar case justifies a considerable investment in a high-quality online marketing strategy, which is relatively inexpensive compared to many traditional marketing vehicles. If your firm does not land that lucrative case, your competitor (who is doing everything right on the Web) will.

Successful law firms know the difference between a $4,000 and $200,000 ROI and they make marketing decisions accordingly. You do not want to leave millions of dollars on the table because of a “bargain” that looked too good to pass up.

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Erin Smith Aebel: Integrating Legal Marketing into your Practice

The National Law Review - Legal Analysis Expertly Written Quickly Found

Erin Smith Aebel has spent her almost twenty year career developing knowledge in the field of Health Care Law, and a significant amount of her effort has gone into integrating solid marketing techniques into her legal practice.  This combination has proved highly successful, as she has accumulated a long list of awards and a bustling, busy practice. As aPartner and Health Care Practice Co-Administrator for Shumaker, Loop and Kendrick Law Firm in Tampa, Florida she graciously allowed the National Law Review the chance to ask her some questions about where she’s been and what she does in her practice.

Aebel began her career with a feeling many law student graduates have:  relief.  “I took whatever job I could get.  My main consideration at my first job was that they hired me,” Aebel says with a laugh.  For the first few years of Aebel’s career she spent getting experience—learning litigation, and really finding out what she wanted to do.

It turned out Aebel wanted to work in Health Law.  “Health Law was a new, growing field at that point, and I realized that was the work I wanted to do.  But I also realized I needed to learn, that I needed to develop the know-how so I could be effective.”  This led her to Shumaker, Loop and Kendrick, a firm that had a senior partner working in Health Law.  Along with realizing she wanted to work in Health Law, Aebel says, “I realized that I wanted to prevent problems before they started.” This realization led her away from litigation based practice to more transactional work.   Over the years, Aebel developed that expertise and grew to love the field of Health Law.  “The law is constantly changing,” Aebel says, “each new year brings new federal and state regulations, so there is always something to learn.  It’s never a rote practice.  But the longer I’ve practiced, the more I know, and my depth of knowledge has grown.”

One of the most striking things about speaking with Aebel is how fluidly she’s integrated good marketing practices into her work.  It comes across that she genuinely enjoys marketing, and she understands completely how it benefits her practice and her firm.

One thing she shares is that she works systematically to figure out a plan for her business.  She says, “I identify who I want to work with, and I figure out the steps I need to take, and I keep all that information in one place.  I make a chart, and I look at it regularly.  This identifies the steps and forces you to take them.”  By creating this road map, her marketing activities have a purpose and a function.  That said, she also works hard to keep herself active in the community and to keep herself front of mind with clients and potential clients.  She says, “I speak and write whenever I can because they are excellent ways to market yourself as a specialist.”  Aebel herself started small with public speaking.  She began by doing paralegal seminars to get more comfortable with being in front of a group, and her public speaking grew from there.  Now she is sought after for her expertise, and she says, “With practice, almost anyone can become comfortable public speaking.”

Additionally, Aebel methodically works out who her referral sources are, and where her business comes from, and nurtures those relationships.  She says,” I work to develop good relationships with other attorneys who don’t do what I do, financial advisors, and CPAs.  These relationships are like growing a garden in some ways: I nurture them, water them, making sure I’m professional, quick to return communications and that I’m generally good to work with.  I find people who are meaningfully in my business and I grow those relationships, so they will continue to want to work with me.”

To hear Aebel talk about it, marketing is easy.  But keep in mind she has been on the firm’s Marketing Committee for eight years, and she was just recently been appointed as a co-chair to the firm-wide marketing and business development committee. and she was instrumental in growing her firm’s marketing philosophy. Her interest in marketing grew from an unlikely source:  a rough mentor experience.   Aebel says,   “I didn’t have a good mentor experience, but this turned out to be a good thing.  It taught me to be more independent.”

Now, Aebel is eager to find other women in business to connect with, and she is eager to help young attorneys find their way.  Her advice is simple.  Aebel says, “I would advise young attorneys that what they do now grows the foundation for ten years down the road.  In that spirit, young attorneys should network with their peers, not just in the community, and spend time on it—think ahead!”

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3 Tips to Improve Law Firm Websites

legal, business, McDougall Interactive, Danvers, Massachusetts, marketing

The best law firm websites are complete destinations, not pit stops. Many law firms focus more on the design aspect of their websites, rather than looking at the big picture. Google gets several billion searches a day, and it’s hardly because of the design of their website. Users know they can get something from it.

In order to have a well-rounded law firm marketing strategy, it is important to look beyond the surface of your website, and into the psychology of why people buy, as well as the ways they are interacting with your website based on data.

These 3 game changing tips will help you make your law firm website the best it can be.

1. Thought leadership at the center of your legal marketing strategy

It is said that people hire attorneys as much as they hire law firms, and that they deeply value thought leadership. I interviewed Prof. David Wilkins of Harvard Law School and he had this to say about leading with content and ideas.

 “So I think that thought leadership is very important and I think it’s increasingly important and this is something I think is true at all levels, wherever a lawyer is practicing. That’s because clients understand that the world is becoming increasingly complex and that they are looking for lawyers who can demonstrate an understanding of that complexity and also an ability to help them to navigate that complexity. So I do think things like writing or lecturing or speaking or blogging, all of these things can be very important in establishing a lawyer or a law firm for that matter as a thought leader.”

2. Add a blog and tie it to attorney business development

Adding a blog to your site is easy to do and will provide you with many benefits, as well as deepen the time people spend on your website. Back in 2012, Kevin O’Keefe of Lexblog had this to say about lawyers who are not blogging.

“Clients and potential clients look to blogs for information that shapes hiring decisions, according to multiple industry surveys; clearly, firms with blogs are the norm, rather than the exception. Blogging is quickly becoming an expected part of any firm’s marketing arsenal. Those who do not use blogs are behind, it is that simple.”

The good news is that a blog will not only help your website by positioning you as a thought leader, but it will also help your search engine optimization, give you something to share on social media, lure people into linking to your site, and give you content to share with prospects.

In an interview I did with business development coach Stuart Hirsch, on Blogging In Business Development For Law Firms, he confirmed that he believes in this strategy.

“If there’s something that a lawyer has written that has value to another person, passing that on is really valuable and blogs are such an easy way to provide that value.”

The general consensus from our interviews on the subject is that sharing helpful content whether it be blogs, client alerts, newsletters or LinkedIn updates, can be a great way to build relationships.

3. Conversion rate optimization

If you get a hundred visitors to your website, and one of them requests a free consultation or takes an action, then you have a 1% conversion rate. Setting up conversion tracking with goal conversions is the first step that many law firms completely miss, even if they have Google analytics installed.

Improving your conversion rate is essential now that search engine optimization is more complicated than ever. Social media sites are pushing paid social to compete with Google’s revenues, and paid search clicks can cost as much as $600 per visit.

I won’t go into great detail in this short post, but it is important for law firms to be aware of the amazing technology that is available to improve website leads and sales. The following are a few website marketing tools to check out:

Google Analytics: For tracking and improving visitor activity

ClickTale: Customer experience analysis

HubSpot: Comprehensive Internet marketing tool with attribution tracking

Usertesting.com: Video reviews of your website for $49 each

Feedbackarmy.com: Ask half a dozen questions to 10 people for $40

Unbouce.com: Landing page software with built-in A/B testing

It’s hard to improve your website without these kinds of tools, and people who know how to use them.

A few important things to consider adding to your website, if you want to increase conversions:

  • A clear value proposition of why you are different/better than other law firms
  • A better design and user experience
  • An exceptional mobile version of your site or ideally, a fully responsive design
  • Customer testimonials
  • Awards and affiliations
  • A top of the funnel call to action such, as an e-book for people that are not ready to hire you yet
  • Live Chat
  • Photos and videos to highlight attorneys and their thought leader content

Legal marketer Jonathan Fitzgerald told me recently on a podcast, how he likes to increase the credibility of his site through video and other means as well. Here’s what he had to say:

“We at Greenberg have started to post 30 second videos of attorneys on their profile pages just so that those that are visiting the page can not only see the attorney’s credentials, and the various awards, and speaking opportunities, and articles that have been published by that attorney, but they can also then click on the video and get a sense for the attorneys chemistry. What are they going to be like to work with day in and day out? Is there an emotional connection between the prospective client and the attorney?

Cognitive science tells us that most decisions are made first emotionally, and then they’re backed up second by reason. Obviously all of the credentials, the non‑static credentials, on an attorney’s website profile can give that second element that credentialing element, but the first element either has to be done in person or through video. We have found that video has been very helpful in creating that first touch point with a prospective client.”

Making your website more personal with content, podcasting, and video, as well as the other trust factors that I mentioned, can turn a lifeless site into an exciting destination.

New and improved law firm marketing

If your law firm website design is even a couple of years old and/or doesn’t provide a good mobile experience, then you might want to consider a redesign, and use the strategies and tactics above to improve it.

If your website is relatively new but doesn’t use these strategies, then with some relatively quick fixes, you can be off and running to your firms best year ever.

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Positive Media Exposure: Elevate Your Practice and Your Firm

Legal Marketing Association Southeastern Chapter

Your business is on the rise yet every time you scroll through your news feeds, read the newspaper, or watch a news show, you find your competitors highlighted everywhere instead of you and your business. You want this kind of coverage, but you are short on time due to your demanding work schedule, board activities, community involvement and family engagements. Dealing with the media also feels uncomfortable and you fear that reporters will not tell the story correctly. Sound familiar? This is what we discovered when we asked our clients (i.e. very smart lawyers we love to work with!)

To be fair, media interviews can be a daunting experience for almost anyone. These feelings are compounded by the notion that subject matter experts may believe that reporters and interviewers are out to get them. The truth is, the media should be treated just like a client. A great majority of reporters are cordial people who are assigned to cover a story on a topic. It is their job to talk with various sources, research the topic, and educate the public. Yet, almost always, reporters are on deadline while juggling other priorities assigned to them on any given day. Their challenge is to collect a depth of accurate information in order to inform the public and meet a tight deadline. Does that sound like a client? Have you ever received a call or an email from a client who needs to know the latest on a particular issue and has questions they need answered right away? It’s not that either is out to get you, rather each need to be educated so that they can succinctly and accurately inform their audience, be that a reader or a senior executive.

What you must realize is that the interviewee is often more knowledgeable on a subject than the interviewer, therefore you should approach the interview with full confidence and take advantage of the opportunity to provide useful and practical information. After all, this is your opportunity to shine and help educate the public. Here are some tips to ensure a successful media interview:

  • Similar to preparing for a case, successful media messages depend on preparation. Pick a story angle ahead of time and stick to it thought the interview. This bolsters your ability to serve as a subject matter expert.

  • Consider all of the difficult questions that may be asked and prepare answers. This critical step will help you from being caught off guard.

  • If you are asked a challenging question that you did not consider or are asked to talk about something that you simply can’t discuss, you can maintain control of the interview by using bridging techniques with phrases like: “before we leave the subject, let me add that …” “And the one thing that is important to remember is …” “While this is important, it is also important to remember that…”

  • Reporters love to use research and statistics in their stories as much as lawyers do. Feel free to prepare some stats and takeaways for reporters to help emphasize the story angle you are trying to promote.

  • Reporters are trained to listen. Just because a reporter puts away a notebook, a microphone or turns off a tape recorder doesn’t mean the interview is over and you can say anything without it being used.

  • Reporters hate when someone misleads or lies to them. They don’t like it when their stories have to be corrected through no fault of their own and because of inaccurate information provided to them. Accuracy is a gold standard for reporters. Help them achieve it and you can bet they will come back to you with another interview opportunity.

  • Instead of using industry jargon, speak in simple terms to appeal to the general public and potential clients. The reporter will most likely use those comments word-for-word which earns more thought leadership clout.

  • Body language can be just as important as words. Keep your arms loose and gesture naturally. This will help you appear calm and confident. Don’t cross your arms, your legs or put your hands in your pockets. Strive for a relaxed and happy face. Again, you are the expert who has the opportunity to share your knowledge.

  • Some reporters will ask you to spell your name on camera or tape so the editors can include it in the caption. If they don’t, be sure to spell your name and your firm’s name so they can include it in their story correctly.

  • Whether your story appears online, in print, radio or on television, don’t forget to engage in the digital space. Update your social media channels, website and blogs before and after the interview to continue the growth and expansion of your online brand.

Representing your business and knowledge base to the public is extremely important for you and your practice. Keeping these general media tips in mind puts you at a greater advantage to deliver a successful message and stay in front of your clients. With this said, remember to stay positive and have fun! And of course, call the Marketing Department or your public relations representative to work on a customized approach for each story.

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Marketing: How to Identify Your Ideal Target Market

The Rainmaker Institute

When it comes to marketing your law firm, identifying your target market is job #1.  If you don’t do that, nothing else you do will matter.

Many attorneys may struggle with developing a concise, detailed description of their target market, but it is vital that you do this or your marketing efforts will fall flat.

Ask yourself these 10 questions when trying to determine your target market:

1.  Who would pay for my service?  People that have legal issues need attorneys, so what specific problems do you solve and who is willing and able to pay for that solution?

2.  Who has already purchased my legal services?  Take a look at your current client base and search for commonalities.

3.  What is the extent of my reach?  What geographic area can you realistically serve?  Based on the type of law you practice, you may need to restrict or expand your area of service.  For example, a divorce attorney will probably have a smaller geographic area than an IP attorney.

4.  Am I making the right assumptions?  As I have said many times, you are not your client.  You need to talk to your existing clients or prospects to see what resonates.

5.  What do people who know me think?  Check in with your network peers to get feedback on who they think is your ideal client.  They may give you some ideas you might never have considered.

6.  How am I going to make money?  Are you charging by the hour or by the case?  This can determine who will be best able to afford your services.

7.  How am I going to sell my services?  Different marketing methods appeal to different demographics.  If your target skews young, social media will probably be a top priority for you.

8.  What are my competitors doing?  Looking at what your competitors are doing can help you define your target market – and then you can develop strategies for differentiating yourself.

9.  How will I find clients?  Once you have started identifying your target market, you will need to determine how you can market to them efficiently.  If you plan to use a website and social media as a key strategy, you will need to understand their online behavior patterns.  If you plan to get referrals, you will need a strategy to build a good referral partner base.

10.  Are there options to expand my target market?  This will largely depend on your practice area, but one way to expand your target market is by creating a niche within your practice area.  For example, if you are an estate planning attorney, you may want to develop a sub-specialty in asset protection for wealthy professionals.

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Content Marketing for Law Firms with John McDougall

Listen as we speak this week with John McDougall, CEO of McDougall Interactive, on content marketing for law firms.

Nicole Minnis, National Law Review, Legal PublicationNicole Minnis:  Hi. This is Nicole Minnis again, with the National Law Review. I’m here today with John McDougall, president of McDougall Interactive and author of LegalMarketingReview.com.

We spoke last time about Authority Marketing and thought leadership for law firms, so be sure to check out a link to that podcast. But today, we’re going to be talking about content marketing for law firms. Welcome back, John.

John McDougall, McDougall Interactive, Marketing, Authority MarketingJohn McDougall:  How you doing?

Nicole:  I am doing great. How are you?

John:  Excellent.

Nicole:  We had a great time last time. Tell me, why are eBooks and the top of the funnel calls to action important?

John:  A lot of people with website marketing make the mistake of expecting customers to only call them on the phone or fill out a form. When you don’t have a top of the funnel call to action, like an eBook or a case study that’s downloadable, or a whitepaper, you miss a huge portion of the Internet that is casually surfing and could become a lead, but a more casual lead.

A ToFu offer, as we call it — not to be confused with soy products [laughs] — a ToFu offer, a top of the funnel offer, is, again, like an eBook, and it’s somewhere around 85 percent of the Web is looking at the top of the funnel. When you search the web, do you buy something from Amazon or hire a lawyer every time you search the web? You don’t.

You tend to, most of the time, you’re searching and looking for things. You’re in the early stage of the buyer’s journey. Eventually, you’re making bookmarks, and later you go back and hire someone or buy a product. It’s about 85 percent there.

Maybe another 10 percent, roughly, are at the middle of the funnel. In the middle of the funnel, you’re comparing one law firm to another, you’re in that comparison stage. At the bottom of the funnel, maybe only five percent of people using that free consultation form on the attorney’s site or calling the phone number, et cetera, going to the contact page.

That’s such a small percentage of Web visitors that you’re really missing, a huge amount, potentially as much as 95 percent of visitors, if you don’t offer some way for them to casually connect with you — signing up for your email newsletter or getting your eBook.

Nicole:  Where are these ToFu calls, top of the funnel calls, most effective? Are we looking at a law firm home page or a blog page? Where will it have the most impact?

John:  You want to put them consistently throughout your site, so definitely at the home page level, because that’s usually the most visited page. Not always, but often the most visited part of your site. You should have at least one top of the funnel, if not a top of the funnel, middle of the funnel and bottom of the funnel, like your phone number or consultation form, call to action, at the home page level.

Then, if you go into a practice area, like intellectual property law, you might want to have a little sidebar there with a call to action for an eBook or a whitepaper or something around that topic. Then, you go to the blog, and you’re reading the blog, either in the right sidebar you can put an irresistible offer to download maybe a collection of the blog posts into one PDF for printing.

Or, at the bottom of a blog post, that’s a very effective way, after someone reads something and they’ve been very engaged, to then put a nice little…maybe a banner or a nice graphic that sells them on the idea of filling out the form to get your eBook.

Nicole:  Would you include these top of the funnel calls to action on a law firm publications page? To follow up, you wouldn’t limit it to just having a special page for all of their thought leadership?

John:  Yeah. I think it’s good to have a resources section, definitely. After Google Hummingbird that looks even more deeply at Q&A content and natural language search for mobile — Google eats up that kind of content where you’re answering customers’ questions.

It’s great to have that on a blog. That’s one of the most typical places to put it. But sometimes you can have the resources, Q&A library also, and then you have the collection of eBook and podcasts and videos and links to lots of blog posts, and break up your thought leadership in an area like that.

I would say all of the above. There are different types of people that…some are going to like the blogs, some will like the resources area, some will like video, some will like podcasts, some will like the text posts. Break it up and put it throughout your content, and ideally make content top of the funnel calls to action to match the page they’re on.

If at some point you can get around to having 30 eBooks or an eBook for every practice area — it’s a pretty tall order, but, again, made easier through podcasting. One hour of podcasting can be turned into an eBook, and that’s pretty easy to do. You can get a nice cover design and go to each practice area and then have a top of the funnel call to action for each area. That’s the ideal.

Nicole:  That way, you can cover all your bases, so to speak, in terms of who’s looking at your website and what they’re looking for.

John:  Absolutely.

Nicole:  Tell me, how can attorneys use content for their business development?

John:  I’m not a business development expert for law firms, per se. But this has been a very hot topic recently, because we’re doing so much blogging for law firms and content marketing for law firms. I’ve been interviewing people for one of my sites, both Legal Marketing Review and AuthorityMarketing.com, and talking about these issues.

I interviewed a couple of different people specifically on business development, and time and time again they’re saying that they do like to have their attorneys make use of their own posts, if possible. It’s great if the attorneys have their own content to share when they’re pitching people and following up with potential customers.

But even if there’s a blog on the law firm’s site, and then an individual attorney, even if they didn’t write the post, they can share that content. You can share your newsletters and alerts and all different things.

But the more thought leadership content you have, the better off you are at reaching out to, say, a general council, and not annoying them with, “Hey, can we get together? I’d really like to work for you guys.” [laughs] Because that’s really salesy. That’s more old school marketing.

New school, inbound marketing is more, “Hey, Mr. or Mrs. General Council, I thought you’d really appreciate this blog post that we wrote, because I know you’re going through this particular issue with your company. I saw something on the news, and we have a post that really addresses just that issue. Just thought you might like to see this and that you might find it helpful.”

I’ve heard that a lot at the LMA conferences. I spoke recently at the LMA New England conference, and I’ve heard a lot of people talking about that in both my interviews and at conferences — that it’s a healthy way to extend that strategy we’re talking about, about SEO and content marketing and doing it for Google reasons. But there’s this great, of course, offline reason that lets you extend the value of that further.

Nicole:  This content marketing that’s being produced by attorneys, is it trackable in terms of improving these sales? I was going to say they’re selling themselves, but I don’t mean to make it sound so silly. But attorneys are marketing their services, so is the content marketing trackable?

John:  Absolutely not. No, I’m just kidding.

[laughter]

John:  Here’s when it’s not trackable — when you don’t track it. It sounds really simplistic, but you would be amazed, actually shocked, if I told you how many people come to us and they have no tracking mechanism to see if it’s working. First, some people don’t even have something like Google Analytics installed on their site, if you can believe it in this day and age.

Is it trackable? It’s trackable if, number one, you take the 10 minutes to take the snippet of code from Google Analytics and put it onto every page of your site and embed the code. That’s really easy to do, but it is still amazing to us that we see people not doing it.

Number two, and this is a really big point I’d like to make, is that, with the goal tracking on your website, for example, if someone fills out the form for a free consultation, it should be set up so that they hit the submit button and they go to a “Thank You” page.

Some programmers like to make it tricky so that it doesn’t even need to produce a “Thank You” page, and there are ways to track that. But we prefer to have a traditional “Thank You” page, so yourlawfirm.com/thankyou.html kind of thing.

Then, you need to set that up in Google Analytics to register as what is called a “goal conversion”. You can do that also with phone tracking, with the free consultation forms, you can do it with your eBook signups, you can do it with the email newsletter signups.

You can do it even if you want to set up a goal conversion to track in Google Analytics if someone just views your “about us” page or an attorney’s bio page. There are all different things you can set up. But, again, it really only works if you take the time to set those up.

It’s so beautiful, and it sounds so geeky of me, but it’s so beautiful to go into Google Analytics and see basically the numbers. You can actually see, OK, last year in November, say, we got 18 leads, but this year in November we got 37 leads or 87 leads, and they came from these channels, from SEO, from social media, from Google paid ads, from email marketing.

You can track all the different channels they came from, and then you can see which lead forms or eBooks were downloaded. You can get a really good picture of the amount of leads coming in. Then, it goes a step further if you start to do lead scoring and lead nurturing.

Very briefly, lead scoring is when you’ll let your agency know, now that you’re tracking these leads in great detail, you let your agency know that, “These leads are good and these leads are bad”, or even feed back into Google Analytics the data on what the value of those leads were.

You can plug in, “This lead generated a million dollars in a mesothelioma case for the firm, and a $400,000 profit”, or whatever it might be. You can even go that far, if you want, to tell the agency that, “These are good leads. These are bad leads. They’re worth this much.” You could feed that back into the system.

Then, you can make better determinations on what keywords and what channels are driving the best quality leads, not just the most leads. Then, lead nurturing, or marketing automation is when you’re getting so many leads that you can’t even follow up manually with everyone.

Say you’re getting a thousand eBook downloads a month, or even 300. You would want to have a trigger mechanism to automatically say, “Hey, thanks for downloading the eBooks.” Send another email a few days later, “Hey, you might like this case study.” Another few days later, you might say, “Would you like a free consultation?”

You can set up a work flow in something like HubSpot or Eloqua, Pardot, to use marketing automation to send these automated emails so that people feel like, “Wow, I downloaded this eBook, next thing you know they’re giving me other ideas.”

But the salespeople don’t have to, every single eBook that gets downloaded, manually do it. That’s where you can take the tracking and Google Analytics, and then extend it with nurturing those people that are coming to your site.

Nicole:  If we’re talking about a law firm or an attorney who’s starting from scratch, how much of this data do you think needs to be collected before they can really start to implement changes for their marketing strategy, or implement their marketing strategy at all?

John:  I think it’s almost immediate. Once you start to get a few days or a few weeks of data, you can start to make assessments. But it does get a lot better when you have year-over-year data. If you’re looking at, again, November of 2014 versus November of 2013, or all of 2013 versus 2014, in terms of what channels drove traffic, the amount of leads per channel — it really gives you data to show where you’re headed and how things are improving or not.

We do something called conversion rate optimization, where we look at the data in Analytics, and we say, “You know what? Barely anybody is going to our about us page,” or, conversely, “Everybody goes to the about us page.” Usually, they’re the second most visited page on a website.

If there are pages that are hit very consistently, you want to go and fix up those pages and make them even better. Conversely, if there’s a page on your site that nobody ever goes to, but you think it’s really valuable, you can then go make more links to that page or make calls to action that highlight that content. You can definitely, very quickly get data from Google Analytics to go and make very practical changes to your site.

Nicole:  These are all great ideas and strategies for attorneys and marketing professionals at law firms. Thank you so much, John, for sharing your thoughts on this topic today.

John:  Absolutely. I appreciate you having me.

Nicole:  No problem. We hope to have you back another time. Thanks so much for listening.

Register now! Only one more week until the 22nd Annual Marketing Partner Forum – January 21-23, Rancho Palos Verdes, California

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When

January 21-23, 2015

Where

Rancho Palos Verdes, CA

Register now!

Join us in January as a newly re-imagined Marketing Partner Forum returns to Terranea for a three day summit on collaborative strategies in business development.

The Forum continues to be the premier event for marketing partners, managing partners, in-house counsel and senior-level marketing and business development professionals who want to sharpen their knowledge about the emerging trends and forces shaping the legal business and the impact on law firm business development client service and client relations.

Set against the backdrop of the Southern California sun, attendees will meet for a series of dynamic workshops designed to test one’s ability to approach, engage and close new business with a faculty of leading general counsel and industry icons.

Unlock your business development potential or refine time tested techniques as you network and forge new partnerships with some of the most powerful professionals in the business.

Why should you attend?

• Learn practical takeaways – Depart the event with scalable takeaways that best prepare you for (r)evolutionary change on the horizon

• Hear about compelling new topics – Participate in a number of brand new topics, including how to advance your career across the C-suite, fostering collaboration between professional development and business development, and more.

• Network with a purpose – And enjoy the fresh air, as Thomson Reuters proudly introduces the Marketing Partner Forum Mixer for all attendees.

• Peer to Peer learning – Through a number of interactive seminars and workshops that ask attendees to collaborate and compete

• Great keynote presentation – Eric Siegel, Ph.D., former Columbia University professor and best-selling author of Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie or Die discusses the science and strategy of predictive marketing.

• Meet the legal industry’s New Competition, as Marketing Partner Forum welcomes the Legal New Wave from Silicon Valley and beyond.

Who Should Attend

  • Heads of Marketing and Business Development for law firms
  • Managing Partners