Keeping Up in 2011: External Opportunities Recommendations
Friday, July 29th, 2011Over the course of this series, we’ve discussed several of our recommendations for keeping up in 2011 by improving client relationship management (tips 1 and 2) and internal processes (tips 3 and 4). Without a doubt, when it comes to growing your business, your clients and your internal people and processes can have a big impact on achieving success. But external factors outside of your control can also have a considerable impact on whether your business thrives or just survives in 2011. Here are a few opportunities to look outside your client roster and your current business to ensure continued success:
- Evaluate Community, Business, and NPO Involvement: Giving back to the community is extremely important, but choosing the right organization is critical. Finding an organization that marries community participation with networking will increase your firm’s chances for landing new business. Continue with nonprofits or local associations, but also find programs that will contribute to your firm’s success. In addition, conferences, alumni groups, and nonprofits can be a great place to let new attorney’s get their marketing “feet” wet.
- Stay Relevant & Keep Up with Trends: In every industry, especially with an ever-changing economic climate, keeping up to date with changes is important to staying relevant. Most universities and local chambers of commerce offer frequent updates along with national publications, conferences, and surveys. A variety of organizations provide insight into trends and changes, such as the Alternate Fee Arrangement, that allow you to see how competitors are winning business. The information is available and pertinent, but it’s up to you to go digging and use the findings to your advantage.
The key is to focus on who you know and who you can get to know. With strong client relationships and some internal and external improvements, your firm can significantly reduce complexity and streamline the business development process.
Never be too busy to invest time into great opportunities. In this series we’ve looked at how to simplify your firm’s core components of business development. As a law firm marketing consultant group, the Closers Group assists firms in developing and refining their marketing techniques and strategies based on these six, basic recommendations. Rather than suggesting a complex, tortuous strategy that actually decreases efficiency and productivity, we focus on keeping it simple and getting results. If you’d like to learn more about how we can help your firm achieve success, contact us today for a consultation.

