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MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

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Page 1: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS

Royal Faculty of Procurators in GlasgowWednesday 1st May 2013

Page 2: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

MARKETING STRATEGIES

thought leadership marketing communications and value added

client activities social media and blogs PR / article writing networking and relationship building business development targeting and CRM

Page 3: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

BRAND

Not just a logo Brand = the embodiment of the promise that

a product, service or company will deliver or be experienced by the client Identity Service What your clients say it is Feeling Expectation

Page 4: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

A STRONG BRAND

A strong brand ensures:

Client retentionAND

Client acquisition

Page 5: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

DIFFERENTIATE FROM SIMILAR OFFERINGS

Page 6: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

LEADING LAW FIRM BRANDS

Page 7: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

MARKETING TOOLKIT

Page 8: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

THOUGHT LEADERSHIP

A thought leader is a person / firm who is recognised and profits from a recognition of authority

Entry point into a relationship - intrigue / inspire / challenge

Content strategy

Page 9: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

HOW TO CREATE THOUGHT LEADERSHIP

1. Address a specific audience2. Identify questions3. Answer those questions4. Make it interesting5. Invite participation6. Market thought leadership like a product –

seminars, workshops, lunch discussions, written briefings, reports

Page 10: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

MARKETING COMMUNICATIONS & ACTIVITIES

Ebulletins and briefings Speaker opportunities Seminars and conferences Tailored workshops Lunch forums

Page 11: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

SOCIAL MEDIA

The world is small Engagement with stakeholders Generational impact

Page 12: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

HOW TO MAKE IT WORK

Use it to build relationships Teach, don’t sell Distribute valuable content Listen to clients Create a personality

Page 13: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

SOCIAL MEDIA IN 60 SECONDS

Page 14: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

LINKEDIN TIPS

Make connections Create a solid profile Acknowledge every new connection Update your status and share information Join relevant groups Engage in discussions Monitor who is viewing your profile Keep it going!

Page 15: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

PR

PR is key to enhancing a firm’s reputation Reach out to new clients Opportunity to provide targeted messages It is free and more credible than paid for

advertising Newspapers / trade publications / radio & tv /

social media

Page 16: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

NETWORKING

It’s good to talk Elevator pitch Do your homework

Page 17: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

PIPELINE

Page 18: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

IS MARKETING NECESSARY?

Increased competition Skepticism in the legal sector Need to differentiate yourself as specialists What can you offer your clients & how can

you demonstrate this?

Page 19: MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013

CONTACT DETAILS

Julie HechtPelo MarketingT / 07973 423 373E / [email protected] / www.pelomarketing.co.uk