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SMART WAY® SERVICES
Selling the SMART Way® for Lawyers
Selling the SMART Way® for Lawyers is a significant
step forward in sales training for the legal profession. This specialized
version of Selling the SMART Way® provides law firms and attorneys
with the skills, tools, methods and framework to increase originations,
billable hours, and realizations on a consistent and predictable
basis. Attorneys have little time in which to develop business,
but their ‘rainmaking’ ability is the key to achieving
equity status in the firm, and to securing their firm’s competitive
position in its market. Leverage your existing marketing resources
through this powerful approach to business development.
The SMART Way for Lawyers consists of three one-day programs, which
can be delivered individually or as a package. There is also a half-day
‘boot camp’ available.
Part I – Account Selection Strategies and
Client Profiling
- Account Selection Strategies: Which clients justify the investment
of your scarce business-development time? Which are marginal?
Create a new-client selection benchmark to assess opportunities
quickly, so you can devote the right amount of time to the right
opportunities and less time to the wrong ones.
- Strategic Positioning: Engage the client at a strategic level,
even if what you end up delivering is tactical. This approach
creates more opportunities to cross-sell and up-sell, thus increasing
originations
Part II - Building Marketing and Business-Development
Tools
- Develop New Business from Current Accounts: Create a method
for engaging current clients for long-term commitments, and create
more matters and more value for both parties over time.
- Referral Management: Set up a system for identifying and contacting
referral sources on a regular and consistent basis. Choose new
referral sources based on past successes, seeking similar characteristics.
- The Marketing Plan: Design a plan and schedule for utilizing
networking, electronic newsletters, and other appropriate tools
to establish your ‘brand’ and attract the right clients
to you.
Part III – Managing the Business Development
Process for Maximum Productivity
- The Process Framework: How do you know whether you are making
progress at least possible cost in time and effort? Define components
of a process that will let you, your practice group and your firm
overall manage business development for maximum results.
- Set Performance Targets: A great strategic plan is based on
targeted outcomes. Ground your business development plan with
quantifiable performance targets.
- Manage the Pipeline, Manage Results: Define simple methods
for reviewing biz-dev performance regularly, and your results
will increase year over year.
| Law firms, who have historically
spurned use of traditional selling techniques, are hiring
business development professionals and increasing their
investment in related programs, according to the 2006
“Law Firm Business Development Practices Survey”
released in June 2006 by ALM ResearchTM. In fact, more
than one third of the responding firms reported business
development budgets of more than $1 million. This
is your competition! You need to be prepared. |
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BSG is proud to partner with Legal
Expert Connections, our authorized distributor of Selling the
SMART Way for Lawyers. Legal Expert Connections is a full-service
firm that provides a complete range of marketing
services for law firms and other professional services organizations.
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