Friday 30 April 2010

Can You Disrupt Legal Marketing Like Direct Line Insurance?

Time with your family and for yourself is important.

And it got me thinking this Bank Holiday week end.


One of your goals has to be to “make money whilst you sleep.”


Because everyone must look at ways of leveraging their expertise.


And not get paid just for "time".


And that's when you start dreaming of the ideal future.


Imagine if you could spend 4 days out of the office every week doing what you want to do.


Imagine knowing that your website is attracting thousands of visitors who then buy 100's online legal services from you every week.


Imagine the documents are filled in by the customers and get reviewed by your team of freelance solicitors who all work from home.


Oh, and all that compliance business is taken care of.


And you just come in to the office once a week to do manage it all.


Isn’t this how you’d like to set up your business if you could start from scratch?


I’ve been looking at the service from Direct Law and think this type of direct selling to customers could have the same disruptive effect that Direct Line had in the insurance industry.


Before Direct Line, you went to a local broker, who performed a service in finding you a good deal. Or so you thought. But along came Direct Line and did it...well...direct. And others followed.


There’s probably a lot to gain by local solicitors being the first to offer direct services in their geographic market. Because getting a Will from a local solicitor still means something.


And having a downsell i.e. lower cost Will service is a great offering to those who like a lower price and convenience and to those that just can’t afford a higher price.


Having a Will sold on line and then reviewed by a solicitor will also mean that you can increase the price of the pure “face to face” Will service. You can probably increase it enough to pay for the software to run the online Will services.


It’s early days.


But direct sales of online legal services has the potential to disrupt the legal market as much as Direct Line did.


And when you figure in back-end services (because you have a trust relationship with the customer, you may find these your most profitable clients.


You owe it to yourself to check these things out.


Check out this Illinois Divorce Lawyer in the US


It may take a couple of years to work all this to a level where you are working only one day a week. But it’s a great goal to have.

Read more...

Solicitors Stop Competing on Price

“You can’t compare apples and oranges.”

I’m sure you’ve heard that expression, maybe from your grandma or your mother.

I’m going to tell you that in business it doesn’t pay to take her advice.

I hear from many salespeople that the product they are selling can’t compete on price with their competition.

That they can’t sell the product any cheaper because they’ll go out of business.





The reason that selling purely on price isn’t a long-term strategy is because you will always be beaten.



There’s always someone that will do a better deal to get in the door, will discount more heavily or offer a product of lower quality that your customers and prospects will accept.



Sure, people love superior quality, they just don’t always like to pay for it.



So your challenge is not to compete on the same terms as everyone else.



If you’re not winning the game, change the strategy.

Make it impossible for buyers to compare your product on price alone.



What action can you take?



Look at your product or service with fresh eyes.



Can you add value, bundle products together, extend warranties, offer guarantees, delivery and completion speed?



What can you offer as a free premium?




  • Hotels offer free breakfasts

  • online companies offer Fedex next day delivery

  • website designers offer unlimited re-design

  • storage firms offer free pick up of items from your home

  • newspapers offer guaranteed response adverts




Can you offer a checklist of things your product does that your competition doesn’t?



Invent an unfair advantage for your product.

Make it impossible for your competitors to keep up with you.

Use apples to oranges comparisons and eliminate price resistance.

Read more...

Tuesday 27 April 2010

Who Wants To Know How Prospects Find Your Legal Website?




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Volcanos and Employee Rights

Yes there's still a chance you can write that

article about "Should Employees be docked pay

if they didn't turn up to work during the Volcano

week".



Because employers still don't know what to do.



Take a look at these comments on the

Teacher's website



http://community.tes.co.uk/forums/t/402451.aspx?s_cid=16



So if you haven't sent out an email alert to your clients

with the basics (and cross selling) then why not do it

today? You can even do a search on Twitter to get ideas

for real time problems you can answer on your email.



Check this out

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Monday 26 April 2010

How Wright Hassall Won Thousands Of Pounds Of Business

Watch the video below




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Friday 23 April 2010

Schedule Your Tweets While You Watch QI

If you are like me, Stephen Fry on QI may be your cup of tea.

I admit I don't watch every second. Because I'm Tweeting.

What I do is I set up scheduled Tweets on Twitter so I can

set and forget. And this is the video of the tool I use to

do this -
click here for the solicitors Twitter scheduling tool video



It's free for law firms.

Remember what you can do with Twitter - solicitors Twitter idea

Read more...

Wednesday 21 April 2010

The Death Of The Billable Hour For Solicitors

I've been searching the globe for law firms that don't do billable hours.



Why?



Because you can only work 40 hours a week.



Which means you are limited in terms of productivity.



Plus, you are limited because you are not leveraging true value.



I.e what value you are delivering to the client which may be much

more than the billable hour.




Subscriptions will flourish. Because knowing what you are paying out

each month makes it easy to budget. And knowing what you

are getting in each month makes it easy to manage.



Virtual law firms, where previously unhappy, experienced lawyers work

on a retainer/commission structure will bloom. Lower overheads

for the controlling company and more flexibility both sides.



Technology is what prospects/clients want to get in touch.



Why traipse into expensive real estate offices of a law firm

when you can just as well skype from home/office.




Law firms will continue to discover niche areas and work faster and flexibly

on smaller scales. These individuals or firms will not be restricted by

geography, but more their expert status and how well known they are.



Solicitors that survive and thrive will be those who learn how to become

Great Legal Marketing firms because technical quality is expected yet Legal

Service Quality is what is most in demand.



Here's the list of legal marketing greats;




http://www.family-lawfirm.co.uk/About-Us/default.aspx Woolley and Co - Based in Warwickshire.



Axiom Legal. In a nutshell they’ve used the professional consultant business model (and corresponding cost structure) and employee former big firm lawyers and experienced in-house counsel that charge half the rate.



www.strozfriedberg.com competent technology focused attorneys who would traditionally work for a large law firm but choose to utilize their skills by consulting



(www.rimonlaw.com). They are a virtual law firm based in San Francisco that use top-tier American expat lawyers.



Outside Counsel Solutions at http://outsidecounsel.net/about.aspx. Their US attorneys provide top-quality legal counsel to clients all over the USA, from offices in New York and Jerusalem, at highly discounted rates.

Read more...

Tuesday 20 April 2010

Volcanos and Employment Law for Solicitor Marketing

Volcanos are in the news.



Thousands of employers want to know if they

can dock the pay of their staff that don't turn

up because of ash.



And thousands more probably want to know

if they can dock pay if staff don't turn up

because of accidents, trains and automobiles.



If you are an expert on employment law or

employee rights...


Have you written your USEFUL and VALUABLE
article for your website
and sent it out to your list of business clients via email?

And your local media? So you can do interviews?
Just like Berwins do on radio http://twitter.com/#search?q=volcano%20ash%20employment

Here's a story you can use for inspiration.

http://www.personneltoday.com/articles/2010/04/19/55280/volcano-update-employers-not-obliged-to-pay-stranded-staff-say.html

Write that article tonight instead of watching
TV.

Always use what's going on in the mind

of prospects to get yourself noticed and do your solicitor

"expert marketing".



It's called
"Theatre of the Mind" and you can use a Twitter search
to find out in real time just as I did.



Just type in to Twitter search function the


subject you want to eavesdrop on.

Read more...

Monday 19 April 2010

Continuity Revenue For Solicitors

Did you know there are only three ways to make more without slashing costs.

· More customers.


· Bigger orders. (Either price or volume).


· More frequent purchases.


I describe this system as Finding, Getting, Keeping and Growing customers.


You see marketing is not just about finding new clients.


It’s the whole system you put in place.


So I got to thinking about how you can get clients to purchase more frequently.


Because at the moment, most law firms only sell the one transaction.


And then, maybe, try and cross-sell. Often not successfully.


But what if you swiped Sky TV or BBC Magazines or Golf Club ideas and created a membership?


Perhaps a service where you are guaranteed an income from each client every year.


In return for a fabulous and wanted service?


100 clients paying £500 a year? Guaranteed? (£50k)


There’s plenty of expertise that you can draw on in your own law firm and outside it.


You can offer a service for personal clients. A “Roadmap for Tomorrow”.


This could be updated annually in conjunction with a financial adviser and accountant. (With you as lead).


And of course, serviced regularly.


It certainly beats billing by the hour.


And most of this type of work can be outsourced too.


I’ve got some ideas on this myself.


And will be working on it with at least one law firm.


But for now, if you’ve got any ideas of how you can get continuity revenue feel free to share them.


And if you are doing it already - that's great legal marketing.

Read more...

Wednesday 14 April 2010

Solicitors Help Out Estate Agents For Referrals

Fancy doing Estate Agents a favour? And getting refferals

in return, (through reciprocation)?



More than half of Estate agents do not have any lone worker policies in place,

with no safety procedures in place for staff who carry out viewings

or valuations on their own. See the story here



If you advise on employment law then you can help agents.



You can develop this opportunity for your law firm.



Send out a Resource Report titled,




"Everything You Must Do By Law To Protect Estate Agency Staff

When Doing Lone Viewings."


Make an offer in the report to offer a bespoke service. Offer it at a high price.
Then also make an offer for a discounted price i.e. take off £100 for every
conveyancing job you receive in return.

Remember as solicitors you must identify the problem, agitate it and then solve it.

You know what the problem is, (I've told you), you use the report to agitate, you
offer a bespoke service to solve it and an offer to make it easy.

And you can do a solicitors video report like this instead!

Read more...

Wednesday 7 April 2010

Law Gazette Gold - Solicitor Marketing Bites

Here are the contributions I've made to the Law Gazette

over the past few months.



You'll find it here



(I like the bit about receptionists

because it actually happened to me).



Don't forget to download it here

Read more...

Friday 2 April 2010

Daily Inspiration Quotes From Twitter For Law Firms

Need a daily dose of inspiration

to get things done? It's on my Twitter account



http://twitter.com/boydbutler



(all set up using Social Oomph remember the video)





PS - have you checked your

Google Local categories?

Are you listed under all five

categories you should be?



And what are they you ask?



Solicitor, Services - Solicitors,

Solicitors, Legal Service Provider,

Conveyancing,





If any of the newsletters have been useful click here to find some

things
I would really like for Easter ;-)


Thanks for stopping by. (There’s plenty to keep you going here!)

Read more...