Resources: Our Law Firm Marketing Newsletter: January 2006

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January 2006


Well, here's the first issue of the Rainmaker Report for the New Year. Personally, I find January to be a great month to reflect back on what I achieved personally and professionally in 2005 and plan for the coming year.

Last year was great for us. Over 2,500 attorneys attended our Becoming A Rainmaker seminar at more than 20 state and local bar associations. We are planning more seminars this year and launching several new programs to better assist you in growing your law practice. Stay tuned.

In This Issue
  • Creating Your Power Plan
  • In The Spotlight: Practice Made Perfect
  • New Teleseminar Exclusively for Attorneys!
  • Upcoming Events...

  •  
    Creating Your Power Plan
    One of secrets of highly successful attorneys is that they make time to plan for the future. We recommend meeting at least once per quarter with your senior partners (even if You are the entire partnership) to evaluate achievements, set new goals and work on your power plan for the next quarter.

    I was recently coaching a partner in a small west coast law firm about their plans for this year when he said, I'm not sure I see a point in setting goals because everything seems to quickly conspire against us and we easily get so caught up in the day to day operations of the firm that we don't have time to focus on our goals. Then by the next time we meet, the priorities have all shifted."

    Perhaps you can relate. It's easy to set goals; the hard part is staying focused on them long enough to accomplish them.

    Here are 4 tips for staying focused and achieving your goals in 2006:

    1. Ask someone to hold you accountable. Accountability is key when it comes to keeping your commitments. Whether it's your business partner, an attorney in a different firm, or one of our business coaches, set up a regular time to meet with someone you trust and who has your best interests at heart and request they keep you accountable. Simply knowing that they will ask you about your progress every week can make a big difference to a lot of people.

       
    2. Make sure they are S.M.A.R.T. goals. This is an acronym for Specific, Measurable, Achievable, Results-oriented, and Timed. A good goal needs to incorporate all of these criteria. It is not sufficient to say I want to be a millionaire. That statement may be measurable, but does not include time frames, it does not lay out a specific game plan for how you will accomplish this goal, and it may not be realistic for you at this point in time.

      An example of a SMART goal is: I want to meet in person with a minimum of 4 different potential referral sources every month for the next 6 months and ask them to send me business.
    3. Make your goals smaller. While this may seem contradictory at first, we have found that sometimes setting a goal that's so big it feels unreachable actually kills your motivation. Break up your long-term goals into smaller ones that you can reach on a regular basis.

      For example, gaining 50 new clients in 2006 may sound overwhelming, but this works out to about 1 per week. If you know that you convert 50% of prospects that come to your office then you only need 2 new people to walk in your door per week in order to achieve your goal.

       
    4. Focus on the right goals. Whenever I have a coaching client that goes more than 2 weeks without achieving the goal they set in their coaching session I start asking questions to determine if this is a goal they really feel passionate about. If there is no commitment to a particular goal it will be very difficult for most people to devote time to accomplishing it.

      Before you commit time, energy and resource to a goal, make sure it is something you truly care about and that will make a noticeable difference in your practice.
     
    In The Spotlight: Practice Made Perfect
    • Are you tired of waiting around for referrals and need to rapidly increase your revenues?
    • Are you satisfied with how fast your revenues are growing?
    • Do you want to stand out and stand apart from your competitors?

    Practice Made Perfect is a 90-day intensive marketing program specifically designed to help attorneys at small law firms create and implement a comprehensive marketing strategy.

    • Discover how to give your firm an edge on the competition
    • Create and implement a proven 6-month marketing plan
    • Find out how to create dozens of referral partners
    • Leverage your technology and beat the big boys
    • Significantly increase your revenues in 2006

    Our next group starts February 16 and is filling fast.


     
    New Teleseminar Exclusively for Attorneys!
    Speaking of goals, have you taken time to create your 2006 marketing plan? If not, we have a great resource for you: on January 26 we will be sponsoring a 1-hour teleseminar on 5 Easy Steps to Create Your 2006 Marketing Plan.

    In this 1-hour teleseminar you will discover:

    • A 6-step process for creating your 12-month plan
    • What a sample marketing plan looks like
    • Creating metrics to define your success and Return on Investment (ROI)
    • How to apply a systematic approach to new business development
    • 3 Tips for finding 3 new clients in the next 30 days
    • A simple approach to begin experiencing results from your growth plan in the next 30-60 days

    Your |nvestment is only $29 (Regular $49) this includes access to downloadable recording of the seminar for future learning and a workbook.

    Space is limited. Register today online or by calling 800-447-3852


     
    Upcoming Events...
    Announcing the Rainmaker Retreat

    We are very excited to launch our brand new 2- day power workshop for attorneys. Join us for a weekend that will forever change the way you market your firm.

    At the end of these 2 power-packed days you will understand and be able to apply the core concepts and secret strategies of top leg@l marketers and you will experience dozens of opportunities to put these into practice in your firm through the use of Action Steps and Action Groups.

    Our first event will be co-sponsored by the Los Angeles County Bar on March 29. More info to come.

    See Stephen Fairley present the "Becoming a Rainmaker" seminar at:
     

    • The New York State Bar Association's Annual Convention (Jan 23)
    • The Los Angeles County Bar Assoc (Feb 28 & March 1)
    • The Maryland State Bar Association (March 30)
     
     
    PPP 4 Tips for a Better Website

    More than 70% of all law firms now have a website, yet only a small percent make money from their website. Many law firms spend thousands of dollars on creating massive websites and never recoup their investment.

    Here are 4 tips to help you build a more effective website to attract clients:

    1. Compel visitors to give you their contact information. You can do this by offering them a give-away like a 1-hour audio CD, a speci@l report, or list of tips they can use. In an upcoming teleseminar we will share with you how to quickly and easily create these products and integrate them into your website for maximum effect.

       
    2. Give them a reason to pick up the phone and call you. Most attorneys give compl�mentary consults now. Do something different rew@rd them for coming in for a consult. The highest goal for your website is for a visitor to feel so understood that they immedi@tely pick up the phone and call you.

       
    3. Make your homepage copy compelling. The average website visitor spends less than 10 seconds at your site before deciding whether or stay or leave. Invest the most time on the copy of your homepage, but don't use a lot of text use bullet points to quickly guide them to the information they need (people don't read online, they scan).

       
    4. Focus on the benefits not the features. A common mistake with website copy is writing about all the various services you offer. People don't care about your services. They care about how you can help them. Focus on what's in it for them and how your firm can benefit them in resolving their challenge quickly and relatively pain-free.

     

    February teleseminar will focus on how to leverage your website to attract more and better clients.

    Quick Links...

    RainMaker Report Archive

    Register for January Teleseminar

    The Rainmaker Coaching Gym

    Your Practice Made Perfect


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