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Archive for March, 2011

Your 5 Point Plan To Successful Advertisements For Solicitors

Friday, March 25th, 2011

Every firm of solicitors advertise somewhere, yet with little or no success. Some simple changes to your current advertisements can increase the responses and income earned from your advertising.

Follow this five step plan and see an immediate improvement.

1. What is your intention with your advertising?

This should be a simple response: – to win new clients. Most firms do not have the substantial budgets required to produce “brand advertising” like Coca Cola or Nike. The one response you want is to recruit new clients. If your advertising is not achieving this, change the advertisement, and if that does not work, stop doing it.

It really is that simple.

2. Who is your target audience?

Remember who you are writing your advertisement for at all times. I know that approximately 90% of all solicitors’ advertisements start with the name of the practice. This is not good advertising. If you are doing this you must change your advertisement immediately. We need people seeing a great headline and being compelled to read your advertisement and then at the end of the advertisement to take action. Write some headlines and then put yourself in your clients’ shoes. If you look at the headline and can say “so what”, you need to think again.

In the body of the advertisement, consider what is important to your clients. For example, if you are advertising conveyancing services, your prospective clients might want to know that you will be there to talk to them when the exchange breaks down. If you are offering wills, they want to know if you will visit them at home and why they should pay a premium for you over a will writing agency.

If you are advertising personal injury services you need to educate the public to use you instead of claims companies. Think carefully about what matters to your audience. If you currently have your practice name at the top of your advertisement, I beg of you, change it now, please!

3. Features not benefits

Talk in terms of benefits to the client of using your practice rather than the features of your firm. You can change a feature into a benefit by using the terms “which means that” in the middle of the sentence.

E.g. We were established in 1910, which means that our experience can ensure you have a trouble and stress free house purchase.

4. Monitoring Response Rates

Many solicitors I visit have no idea how much business each advertisement generates. If you are spending a significant amount of money advertising you must know if it is money well spent. I know that fee earners are not always quick to ask where the new business has come from, but you can make it easier for them. One method is to place a false name in the advertisement so that when the caller speaks to reception and asks for that name you immediately know it is in response to the advertisement. Obviously you need to forewarn the receptionist or she will send your new enquirers packing, but it is a very simple and effective way of measuring the success of your marketing (and remember there is ‘no treasure without measure’).

5. Tell Them What To Do!

At the end of every advertisement make it abundantly clear what you want the reader to do. If you are offering a free legal guide, tell them where to get it, if you want the instruction tell them how to arrange their free consultation. You must tell your reader what you want them to do and how to do it (phone, online or email).

Summary.

Following this simple 5 step plan will ensure that your advertisements provide you with some success.

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Law Firm Marketing Stateside

Friday, March 25th, 2011

Law Firm Marketing StatesideI was recently intereviewed for a podcast by two USA lawyers from Legal Talk Network for a podcast on marketing and the international marketing of law firms.

I am confident that you will find at least one little nugget of a tip to help you win more business! I really enjoyed the cross pond talk so if you have a few 30 minutes I would urge you to have a listen.

There is no charge so sit back with a cup of tea and see if you gain a few ideas.

» Click to listen to the Legal Talk Network Podcast?

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The Best Form Of Law Firm Marketing

Wednesday, March 23rd, 2011

If, like me, you read many many marketing and business books every year, you will see one form of marketing that time and time again is confirmed as the cheapest and most successful form of marketing. It is one that provides you with the biggest return on your investment, and also one of the cheapest forms of marketing available to you. However, I know from talking with thousands of solicitors that it is the one marketing tool that time and time again they fail to use. This failure costs them tens of thousands of pounds of lost fee income every year. Is it costing you lost income?

So what is this big secret? What method are you not using that you should be?

It is the dull, yet tried and tested method of communicating with existing clients on a regular basis.

I have heard all of the reasons why it can’t be done:

  1. It costs too much;
  2. We don’t know what to say to them;
  3. If we did know what to say we would not know how to say it; and
  4. We don’t have a database.

Let me take each of these points in turn so that you too can start to benefit from the hundreds of extra new instructions a year that my consultancy clients benefit from.

1. It costs too much.

Not anymore. Software is now so much cheaper than it first was and there is a huge amount of choice available. So this excuse is no longer valid.

2/3. We don’t know what to say or how to say it.

Short and sweet is the answer here. People do not want pages of legal advice, they want snippets of information. Whet their appetite, and invite them to contact you if they would like more information. One hour a month and you could be talking to all of your clients every single month. Do you think if you did this you might occasionally receive more instructions from your existing clients? I know you would.

4. We don’t have a database.

If you start today and you take on 10 new clients a month and add these to your email list, you will have over 100 by the end of the year. If you take on more clients than 10 a month and actively start looking for opportunities to build your mailing lists (referrers of work, accountants, promotion on your website) you will soon have thousands of subscribers.

Email newsletter software is so easy to use that within 30 minutes you could set up an account, import your clients’ name and email addresses (easily from a spread sheet) and send your first email. Would that not be a positive thing to do today?

Imagine sending an email every month to all of your clients. Even if it is only 100 people at the start, soon that 100 will be 1,000. Imagine making an offer of your services to 1,000 people. They say that a direct mail shot is a success if 2% of recipients respond. But you would be sending this to your own database, people who have already bought from you and like you. Even on a 1% return that would provide you with 10 enquiries, every month! Even more important, because you are prompting the contact, these clients are not on a "ring around" for the best price, they are only going to be talking to you, "their solicitor". Loyal clients and increased profits, now that is my kind of marketing!

If you are not convinced that you absolutely must talk to your clients on at least a monthly basis, just think about this: I know as you do that most of your competitors are not communicating with their clients. If you start to do so, do you think that you would do better or worse than your competitors? Do you think when Tesco Law or Insurance Law becomes reality that you will have a more loyal client base if they have heard from you regularly every month and continue to do so? We all know the answers, so why not take some action now to protect your fee income in the future.

You can start by using the software that I use to communicate with my clients on a regular basis. It really is the best software out there, is easy to use and set up, and most importantly is incredibly reasonably priced (from $20 a month – it is in dollars because Americans still make the best software – don’t let the dollars put you off). You can find out more and request a 1 dollar trial here: AWEBER TRIAL. It is easy to set up (I am not a total techy but I use it on my own without any help and there is excellent online "live support"). Really, what have you got to lose?

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How Can You Copy High Street Banks To Improve The Marketing Of Your Solicitor’s Practice?

Monday, March 21st, 2011

Whatever you think of High Street Banks the one thing that they do fairly well (and more importantly almost relentlessly) is to promote the full range of their services to their existing clients. Look at the post you receive from your bank, whenever you hear from them with any form of communication I can almost guarantee that you also receive an offer or promotion from them about another one of their services.

I believe that the banks are one of the best placed businesses to compete with you once the legal services market is opened up in 2011, so it is worth looking at the way they market their business now and learning how you can apply it to yours. This is always a great way of learning new marketing and sales techniques to help you improve your own business.

When the bank sends you a statement, they will also include an offer to upgrade your account or a cross selling message to buy travel insurance. There are two great points here to learn from here; one is that just by sending you a statement your bank is keeping their business name at the front of your mind and the second one is that they are not missing the chance of trying to sell you some more of their services. So even if they enclosed no sales literature you would be thinking about them.

Applying this to your practice, how can you communicate with your clients on a regular basis to keep your practice name “front of mind”? This can be “matter-related” or simply a financial statement of money on account. If you send them quarterly, should you send them monthly?

The second point to be made is what sales literature can you enclose to cross sell some of your other services? What else can you include with your mailing to let them know about your other services? If you are writing to a conveyancing client, why not include a will brochure. If you are writing to a business client, tell them about your private client services. Each time you are writing you are incurring postage costs anyway, so make the most of them by enclosing some sales literature or information about your services. This one tip alone is responsible for thousands of pounds worth of extra income every month for my clients so can you start using it now?

Summary.

If you only have one type of promotional literature either obtain some more if you have the budget, or if not simply make an offer on some letter headed paper, but do something to tell your clients about all of the services you can offer them and remember to keep on telling them!

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Template For Legal Marketing

Wednesday, March 9th, 2011

Are you looking for a template for legal marketing? Do you want a system that shows you step by step how to market your law firm for the best results? Are you fed up with taking marketing advice from people who do not understand the inner workings of a law firm and do not therefore provide relevant marketing advice and assistance?

My Marketing4Solicitors package is a complete template for legal marketing. It covers every area of marketing that you are or should be using to bring new clients to your practice including the following:

  • How to use Google Adwords to win new instructions;
  • How to attract as much free traffic to your website as you would like (and can handle);
  • How to talk in a language that converts prospects into new clients;
  • How to turn your advertisements into lead generation machines;
  • The power of video in your legal marketing;
  • The changes you must make to ensure your website brings you new clients every month;
  • The new seminars that will blow your competition away;
  • Using PR to win new business;
  • Sales skills for solicitors; and
  • So much more

As far as templates for legal marketing go, you will not find any better product available on the market for law firms anywhere.

When you join Marketing4Solicitors you are given instant access to 14 legal marketing blueprints which tell you how to carry out a marketing activity but then provide you with templates to follow to implement the new strategy.

To find out more about my template for legal marketing system, Marketing4Solicitors, please request a sample pack using the form below:

The Trouble With Arsene Wenger

Wednesday, March 9th, 2011

This blog is nothing to do with football (for those who saw the title and were getting worried). It starts with a football story but ends there very quickly. Last night Arsenal got knocked out of the Champions League and they were not helped by a terrible refereeing decision. However, as I say I am not here to talk about that. The trouble with Arsene Wenger is that his team always seem to be victims to ‘terrible decisions’. We know this because he is regularly seen talking to the media straight after a game bemoaning his team’s bad luck, the terrible decision made by the referee, the dreadful tackle which went unpunished which would have changed their game, their season, his life, the team’s life: if only it had gone their way.

If you never watch football and only ever watched Arsene Wenger’s interviews you would very quickly agree that thier must be a terrible football conspiracy against Arsene Wenger’s team. How can one team attract such bad luck?

The real trouble with Arsene Wenger of course has nothing to do with the decisions. They have some bad ones made against them and some good ones in their favour, just like every other football team. So the decisions are not the problem, the real trouble is that the whole team now believe in Arsene Wenger’s conspiracy theory and react accordingly. Therefore, last night when one of their players was sent off for no good reason, leaving them one man short, the team all gave up. Admittedly they were playing arguably the most gifted team playing at the moment in Barcelona, but they had shown over the first leg and half of the second one that they could compete. I believe the real problem and the reason they gave up and went on to lose was because they have adopted their manager’s approach. As soon as the player was sent off they probably said to themselves and each other ‘That is what always happens to Arsenal. That is why we are now going to lose this match and go out of the Champions League because of that decision. It won’t be our fault for not giving 100%, it is the referee’s fault. We might as well give up now because that decision has just cost us the game’. They all knew that is exactly what their manager was going to say after the game (as of course he did) so they took on that approach there and then, even though there was 40 minutes to play for. They have heard their manager doing this so many times after a game they have adopted his same approach. ‘What is the point in fighting now – we can moan about our bad luck after the game and that will show them!’

So this very much is not about football. It is about what you tell your legal team and how you act and react in your practice. I have seen junior partners or solicitors happily throw ‘tantrums’ in reception or shout at support staff because for years they have seen the senior partner do it. It does not matter whether they are in front of clients or staff, the senior partner did it for years and so they have earned the right to do the same now. The senior partner can do nothing because he knows why it happens and is secretly pleased that someone is copying his method. Of course it is complete balloney, but I have seen this in several firms to know it is a pattern not a one off – it never ceases to amazes me.

The same applies in the way that the senior team treat their clients. If you treat them with respect, and totally believe that the Client is King, which they are, your staff will do the same. If you follow other solicitor’s approach of treating the client with contempt, then you can expect your staff to do the same (and kiss goodbye to the future of your firm at the same time).

Now more than ever in the legal profession each firm needs strong leaders who make the right decisions, who react appropriately and professionally to problems and who deal with staff and clients alike with respect. The trouble with Arsene Wenger is that he and his team are entrenched in the “woe is me” philosophy of life”. He goes looking for problems and guess what, he finds heaps of them. Don’t make the same mistakes with your firm. Look for the good, act in the right way and build a team of positive players who strive day and night to do the right thing for your law firm!

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A Classic Marketing Mistake For Solicitors And All Businesses

Friday, March 4th, 2011

Classic Marketing Mistake For SolicitorsI am a member of a business mastermind group. Once every couple of months I get together with this group of smart minds and we spend a day together with specific time allotted to each other’s business to take apart a current challenge, disect it and then put it back together. The power of five brains instead of one makes this a very useful and powerful process and it has had a massive impact on my business.

Our last meeting was in Edinburgh and one of my fellow group members had created a new website and he wanted our feedback on why it was not working as he had hoped and anticipated.

I should first say that this is an incredibly bright man. He has spent tens of thousands of pounds advertising his products online and made a fantastic return on his investment. In his sector he is a renowned expert.

He uses all of the methods I use to market his existing products, i.e. Google Adwords, website marketing, article marketing etc. He focuses heavily on lead generation instead of trying to dive straight in for the sale. This is very important and a very clever thing to do as with most websites for every 100 people that visit no more than two of them will actually contact you and ask for your help. In other words, 98 people will leave your website having gained no value from their visit. Therefore, if you offer them a highly relevant and attractive free report in exchange for their email address, you can then follow up the sending of that report with several more relevant and helpful emails, thereby giving yourself not just one bite of the cherry on the first visit to your website, but many more chances of success with each subsequent email that you send.

So it is fair to say my fellow masterminder knew all of this as that is he how he built his very successful business. However, his new venture was in a completely different business sector, and he made the mistake that so many business owners make. He researched the sector and in doing so he noticed that all of his competitors went straight in for the big sell, i.e. trying to sell the whole service from the first visit. Amazingly, considering his depth of knowledge, he did exactly the same as everyone else and also decided to go straight for the big sell…

Therefore, when he asked us why it was not working there was just a moment’s silence before we all ferociously berated him for making the mistake of copying his competitors. Instantly he realised what a daft mistake he had made and he is now busy correcting it.

However, I know he is not alone. So many solicitors make exactly the same mistakes. They look at where their competition advertises or how they market their services and they do exactly the same. Yet it is in looking outside of the industry and trying techniques from different sectors that you can achieve outstanding results. Doing the same as everyone else will not get you great success; trying something new might do.

In the jewellery trade prices never used to be displayed on the jewellery and they did not use posters to market their products. Gerald Ratner was the first to do so and it meant he quickly became the UK’s biggest jeweller (before the comments which cost him his position).

Try a new marketing tactic that you take from another sector, test it and see if it produces amazing results for you. If it does not, try another one, and another and another. It might take 10 attempts, but one of them will work really well. When it does, you have a good few months before your competition try and copy you.

Free Guide – 8 Ways To Win New Client Instructions

Solicitors Guide, 8 Ways To Instantly Increase Your Profits.

Are you using the methods ALL of my consultancy clients use successfully to generate new client instructions every month on auto-pilot? Download my free guide which will tell you:

  • The fatal mistakes most solicitors make with their advertising along with a formula to use to correct them
  • How to finally find out what is working for you so you can do more of what works and stop doing what is not working
  • The best form of marketing for solicitors (and you will be pleased to hear it does not involve spending thousands of pounds)
  • How to make more of your ‘free advertising space’ which most solicitors completely overlook
  • Website marketing – what are you missing, how can you improve or even what is it?
  • Creating your army of salesmen for your services
  • The one tip that could instantly increase your profits with NO COST whatsoever

You have nothing to lose and much to gain, so download the guide now and start taking the action that will bring you huge rewards.

Simply enter your details below to instantly receive the free guide please remember your email address is safe with me as I will NEVER pass it on):

A Solicitor already receiving my free marketing guide and advice says:

"My main concerns before signing up for the newsletter were that all marketing companies are the same. They give financially impractical information and advice insensitive to the needs of Solicitors or in the alternative, they tell you only that which we already know – but charge a hefty fee for the pleasure.

Simply put, your newsletter is none of the above. It is obvious from reading your newsletter that the advice is sensible, practical and sensitive to the different market place of Solicitors marketing professional services. Sometimes, your newsletter is a simple kick up the rear to make us do what we know we should be doing, but don’t because "we never have the time".

The three biggest benefits of your newsletter are:

  1. Practical sound advice
  2. Easy to implement processes that can at worst have a small positive effect on generating new business and at best do substantially more than that for virtually zero outlay.
  3. We learn something simple yet new everytime we see your newsletter and try to implement at least one idea each time we get the newsletter. That’s a dozen gently implemented marketing processes each year. All for free.

If you are considering signing up for the newsletter I would genuinely say to you that you would be mad if you dont sign up. The newsletter is free, its a no brainer.

Solicitors are our own worst enemy, we work long hours often illogically, and dont make time for important things like sensible marketing – and then we bleat on about how we are getting squeezed and challenged by Tesco’s etc.

The future of the law is for innovators, get with the programme or be left behind – and being left behind is a slow painful demise in the legal world.

People like you Nick, make us smell the coffee and get to work. "

Shak Inayat, Penn Legal

Some Law Firm KPI’s (Key Performance Indicators)

Tuesday, March 1st, 2011

Measure Your Law Firm Goals and KPIs More Closely

If you have decided that now might be a good time to start measuring some Law Firm KPIs to ensure that your firm makes progress more quickly with all of your marketing efforts, what would be a good idea to start to measure?

The purpose of this article is to provide you with some ideas for Key Performance Indicators (KPI’s) that would be good for you to measure. However, it is first worth considering what makes a good KPI.

In my opinion, a good KPI should be:

  • S – specific. They should be specific and easy to understand.
  • M – measurable. As with all targets, there is ‘No Treasure Without Measure‘ so you must be able to measure your KPI’s.
  • A – achievable/attainable. You need to make the goals within your KPI’s achievable to ensure you remain focused on achieving them and do not give up too soon. You can always adjust them upwards again once you reach the first target.
  • R – realistic. You have to be able to reach your target.
  • T – timebound. When are you going to be able to hit the target?

Once you have considered this, here are some KPI’s you should be measuring (or at least considering measuring) which will help to make your law firm more successful:

  • New files opened (often costs are measured but not new files opened each month, yet if you measure this one the other one tends to follow).
  • Costs.
  • Quotations/estimates provided.
  • Website traffic overall.
  • Website traffic by department.
  • Pay Per Click Advertising:
    • Overall spend;
    • Average cost per click;
    • Total clicks;
    • Average Click Through Rate;
    • Leads generated; and
    • Average cost per lead
  • Articles written and added to website.
  • Articles submitted to local papers.
  • Videos added to website.
  • New prospects added to email marketing database.
  • Email newsletters sent to client database.
  • Blogs written.
  • Referrals received.
  • Potential new referrers of business contacted.
  • Existing referrers of business thanked/looked after.

It is so important that you use KPI’s. If you are not currently doing so I would urge you to revisit this subject and start using them and monitoring them on a weekly basis. You might be staggered by the results this focus will achieve for you!

Free Guide – 8 Ways To Win New Client Instructions

Solicitors Guide, 8 Ways To Instantly Increase Your Profits.

Are you using the methods ALL of my consultancy clients use successfully to generate new client instructions every month on auto-pilot? Download my free guide which will tell you:

  • The fatal mistakes most solicitors make with their advertising along with a formula to use to correct them
  • How to finally find out what is working for you so you can do more of what works and stop doing what is not working
  • The best form of marketing for solicitors (and you will be pleased to hear it does not involve spending thousands of pounds)
  • How to make more of your ‘free advertising space’ which most solicitors completely overlook
  • Website marketing – what are you missing, how can you improve or even what is it?
  • Creating your army of salesmen for your services
  • The one tip that could instantly increase your profits with NO COST whatsoever

You have nothing to lose and much to gain, so download the guide now and start taking the action that will bring you huge rewards.

Simply enter your details below to instantly receive the free guide please remember your email address is safe with me as I will NEVER pass it on):

A Solicitor already receiving my free marketing guide and advice says:

"My main concerns before signing up for the newsletter were that all marketing companies are the same. They give financially impractical information and advice insensitive to the needs of Solicitors or in the alternative, they tell you only that which we already know – but charge a hefty fee for the pleasure.

Simply put, your newsletter is none of the above. It is obvious from reading your newsletter that the advice is sensible, practical and sensitive to the different market place of Solicitors marketing professional services. Sometimes, your newsletter is a simple kick up the rear to make us do what we know we should be doing, but don’t because "we never have the time".

The three biggest benefits of your newsletter are:

  1. Practical sound advice
  2. Easy to implement processes that can at worst have a small positive effect on generating new business and at best do substantially more than that for virtually zero outlay.
  3. We learn something simple yet new everytime we see your newsletter and try to implement at least one idea each time we get the newsletter. That’s a dozen gently implemented marketing processes each year. All for free.

If you are considering signing up for the newsletter I would genuinely say to you that you would be mad if you dont sign up. The newsletter is free, its a no brainer.

Solicitors are our own worst enemy, we work long hours often illogically, and dont make time for important things like sensible marketing – and then we bleat on about how we are getting squeezed and challenged by Tesco’s etc.

The future of the law is for innovators, get with the programme or be left behind – and being left behind is a slow painful demise in the legal world.

People like you Nick, make us smell the coffee and get to work. "

Shak Inayat, Penn Legal

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