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  • Atricle Dump - Legal Marketing – How To Get Top Dollar For Your Services

    Prospect List Predicts Success
    Do you know what the biggest predictor of success for your prospecting program is?YOUR PROSPECT LIST!Sales courses and sales writing – they’re of vital importance. But, if you cannot reach the right decision-maker, then these other tools are almost wasted efforts – and money.Here are two case studies – where the list made all the difference between success and failure.Client A is an established, successful firm who really knows its market.The executives know that the best prospects for them are manufacturing firms primarily with male employees of a certain age group. They know the range of employee size, and the decision maker’s title.In the past year, this client has come to VSA several times. At the client’s request, VSA ordered prospect lists that fit the exact criteria our client wanted – not an entirely quick task, but one well-worth the effort. This kind of list can be ordered at virtually any list broker, but requires asking the right questions and scrutinizing the list delivered by the vendor.Then, the VSA ca
    it is “penny wise, pound foolish” since if a lawyer who charges less does the job one could just wind up paying more later because of that “cheaper” work.

    Another good job of law marketing positioning I’d say. In a specialty practice area this old adage is even more applicable than say a commodity practice area like residential real estate closings. I think you get the idea here in this law practice management effort. In what you are saying be sure they are wondering just what might be missing since doubt is what you need to create in the mind of the prospect about your competitors. You might even want to go so far as to list out in detail what you will be doing and providing for the client before you say the magic words I just gave you so they see all that is coming their way by selecting you. Again with this legal marketing approach what we are doing is bringing forward “doubt” and “suspicion” while making sure they know how solid you are for them. It never hurts to have testimonials or letters of recommendation as well to show prospective clients before you give the magic words.

    In legal marketing a bit of preemption or prevention could work well in telling prospective clients about your fees as well. If you contrast your fee against a hi

    Warehousing Handling
    Warehouses are necessary for the storage of inventory. As a result, management of the inventory and stock is equally important. The processes involved, include the recording and tracking of materials on a quantity and value basis. The warehousing management includes planning, entry and documentation of stock movements, such as goods receipts, issues, physical stock transfers and transfer postings, as well as the performance of physical inventory or stocktaking.Warehouse management processes also comprise and consist of the internal movements and storage of materials, within the warehouse. Warehousing management helps in the smooth progress of planned cross- docking. The planned cross- docking helps to match inbound deliveries with the outbound deliveries. There are two steps involved in cross docking. The first one transfers the goods, with one transfer order from inbound to outbound. The second one helps to transfer goods from inbound to an interim storage. This creates a subsequent transfer order, from the interim storage to outbound deliveries.Inve
    Legal marketing success for you can reside in your knowing the psycho-graphics of your market. One key area of law marketing psycho-graphics is knowing how your prospective client is thinking about fees. In one of my other articles I write about law practice management pricing strategies. If you have not read that article I do recommend you read it since it is related to getting top dollar for your services. That said lets move forward in getting you comfortable in getting the fees you deserve from your legal marketing.

    In legal marketing you need to know is very few people have the time, energy and perseverance to “shop” very much for a lawyer. These prospects will use price as a quick way to decide if someone is competent. In law marketing you need to know people are already preconditioned to think about price in certain ways. If your fee is $150 per hour, a second lawyer’s fee is $200 per hour and a third lawyer’s fee is $250 per hour what is the pre-programmed way clients will be thinking? It is highly likely in legal marketing they are thinking the “cheap” lawyer must not be as good as the other two. Why? Because in the USA culture people are taught “you get what you pay for” and thus the cheapest lawyer “must have something wrong with them” or they will be “cutting corners” in some way to be so “cheap”. You don’t want to be in that law marketing club for sure. They are also thinking “the most expensive lawyer must be the most experienced, most skilled, the most specialized and at least among the best.” You do want to be in that legal marketing club or at least close to that club. So you see in law practice management being in at lest the beginning of the top 30% of fees in your community is where you want to be if you possibly can. In legal marketing terms you are “positioning” yourself as among the best by having a higher price.

    Additionally in legal marketing terms it is also much better to spend you law marketing dollars getting fewer high quality prospective clients to speak with and do that well than it is to have to shift through a legion of “frogs” who are shopping, shopping, shopping for “cheap”. Also the “cheap” client is not loyal to you but to “cheap” and if they find “cheaper” they are gone. I will give you a bit more on this aspect of legal marketing later in the article.

    We have the legal marketing positioning we need in place now so what is next? What do you actually say to have someone ready to pay top dollar? First you need to tell them up front, close to the beginning of the conversation, something close to the following: “I do want you to know that I can’t work with everyone. Sometimes I don’t have the exact expertise you may need. Also I do want you to know that I am not the most inexpensive attorney in the city. If I am a good match for your situation I will be talking with you about fees. If my fees are too expensive for you don’t be afraid or embarrassed to tell me. I will have some good referrals for you that might be a better fit for your budget.”

    In legal marketing terms what have you done here? You have made yourself a scarce service. We all are pre-programmed to think something or someone that is scarce is valuable (Cialdini Ph.D., Influence, Science and Practice; 2001). You have told them you don’t work with just anyone. Now they are hoping that their case is a good fit so they can have you. They are wondering if you can fit them in since you are in such demand that you can decline cases. Nice law marketing positioning for sure. Suddenly they are auditioning for you, not you auditioning for them. They also are thinking this fellow must be really, really good or he would not be saying such things to me. They are thinking that they better act quickly and say yes to hiring you or you may be full and can’t take them later. They also may be imagining a really, really high fee in their minds and when you quote something less than their imagination (which you can often) or contrast it with something higher or a benefit (more here later) they are relieved. Besides if they have been shopping then they know the really, really high fee and you are maybe 20% to 30% below that.

    OK so lets say this legal marketing scenario did not go that well. What if the person says something like: “But your fee is $300 per hour and another lawyer I talked to charges $225 per hour.” What do you say? How about something like this: “I don’t know exactly why this lawyer is charging so much less than I do, however, I can tell you exactly what you will be getting working with me, what my qualifications/experience/expertise are with respect to your particular matter and I just can’t help but wonder what he might be missing or leaving out by charging the fee he charges.” In law marketing here you want to bring forward in their minds the unconscious thought that someone who charges less must be doing less of a job for you or is not as competent. The old “you get what you pay for” scenario most of us were raised on works well in legal marketing. Another way to say it is “penny wise, pound foolish” since if a lawyer who charges less does the job one could just wind up paying more later because of that “cheaper” work.

    Another good job of law marketing positioning I’d say. In a specialty practice area this old adage is even more applicable than say a commodity practice area like residential real estate closings. I think you get the idea here in this law practice management effort. In what you are saying be sure they are wondering just what might be missing since doubt is what you need to create in the mind of the prospect about your competitors. You might even want to go so far as to list out in detail what you will be doing and providing for the client before you say the magic words I just gave you so they see all that is coming their way by selecting you. Again with this legal marketing approach what we are doing is bringing forward “doubt” and “suspicion” while making sure they know how solid you are for them. It never hurts to have testimonials or letters of recommendation as well to show prospective clients before you give the magic words.

    In legal marketing a bit of preemption or prevention could work well in telling prospective clients about your fees as well. If you contrast your fee against a hig

    The Physics Of Customer Service
    That probably sounds a little too technical doesn't it? Does it even make sense? How can physics relate to customer service? It's very, very simple.Every single customer service action can and will lead to a customer reaction.Whenever you deal with a customer service issue, big or small, there will be an outcome. That outcome can be hugely satisfying for both you and your customer or it can be a total nightmare that ends in legal action. The choice is entirely yours. You have TOTAL control over the outcome.We can forget at times that unless we put positive energy into an experience then it's very difficult to get a positive result from that same experience. What I mean is this. If you're snappy, sarcastic and arrogant with customers then you're creating a lot of negative energy in that customers experience with you. How can you possibly expect a positive reaction from the customer? Do you expect positive feedback or good word-of-mouth advertising? Absolutely impossible!If you treat your customer like a human being, speak to them on their
    ” or they will be “cutting corners” in some way to be so “cheap”. You don’t want to be in that law marketing club for sure. They are also thinking “the most expensive lawyer must be the most experienced, most skilled, the most specialized and at least among the best.” You do want to be in that legal marketing club or at least close to that club. So you see in law practice management being in at lest the beginning of the top 30% of fees in your community is where you want to be if you possibly can. In legal marketing terms you are “positioning” yourself as among the best by having a higher price.

    Additionally in legal marketing terms it is also much better to spend you law marketing dollars getting fewer high quality prospective clients to speak with and do that well than it is to have to shift through a legion of “frogs” who are shopping, shopping, shopping for “cheap”. Also the “cheap” client is not loyal to you but to “cheap” and if they find “cheaper” they are gone. I will give you a bit more on this aspect of legal marketing later in the article.

    We have the legal marketing positioning we need in place now so what is next? What do you actually say to have someone ready to pay top dollar? First you need to tell them up front, close to the beginning of the conversation, something close to the following: “I do want you to know that I can’t work with everyone. Sometimes I don’t have the exact expertise you may need. Also I do want you to know that I am not the most inexpensive attorney in the city. If I am a good match for your situation I will be talking with you about fees. If my fees are too expensive for you don’t be afraid or embarrassed to tell me. I will have some good referrals for you that might be a better fit for your budget.”

    In legal marketing terms what have you done here? You have made yourself a scarce service. We all are pre-programmed to think something or someone that is scarce is valuable (Cialdini Ph.D., Influence, Science and Practice; 2001). You have told them you don’t work with just anyone. Now they are hoping that their case is a good fit so they can have you. They are wondering if you can fit them in since you are in such demand that you can decline cases. Nice law marketing positioning for sure. Suddenly they are auditioning for you, not you auditioning for them. They also are thinking this fellow must be really, really good or he would not be saying such things to me. They are thinking that they better act quickly and say yes to hiring you or you may be full and can’t take them later. They also may be imagining a really, really high fee in their minds and when you quote something less than their imagination (which you can often) or contrast it with something higher or a benefit (more here later) they are relieved. Besides if they have been shopping then they know the really, really high fee and you are maybe 20% to 30% below that.

    OK so lets say this legal marketing scenario did not go that well. What if the person says something like: “But your fee is $300 per hour and another lawyer I talked to charges $225 per hour.” What do you say? How about something like this: “I don’t know exactly why this lawyer is charging so much less than I do, however, I can tell you exactly what you will be getting working with me, what my qualifications/experience/expertise are with respect to your particular matter and I just can’t help but wonder what he might be missing or leaving out by charging the fee he charges.” In law marketing here you want to bring forward in their minds the unconscious thought that someone who charges less must be doing less of a job for you or is not as competent. The old “you get what you pay for” scenario most of us were raised on works well in legal marketing. Another way to say it is “penny wise, pound foolish” since if a lawyer who charges less does the job one could just wind up paying more later because of that “cheaper” work.

    Another good job of law marketing positioning I’d say. In a specialty practice area this old adage is even more applicable than say a commodity practice area like residential real estate closings. I think you get the idea here in this law practice management effort. In what you are saying be sure they are wondering just what might be missing since doubt is what you need to create in the mind of the prospect about your competitors. You might even want to go so far as to list out in detail what you will be doing and providing for the client before you say the magic words I just gave you so they see all that is coming their way by selecting you. Again with this legal marketing approach what we are doing is bringing forward “doubt” and “suspicion” while making sure they know how solid you are for them. It never hurts to have testimonials or letters of recommendation as well to show prospective clients before you give the magic words.

    In legal marketing a bit of preemption or prevention could work well in telling prospective clients about your fees as well. If you contrast your fee against a hi

    Hottest Promotional Merchandise
    Coffee mugs are very hot promotional merchandise. Eco-conscious businesses are replacing the use of environmentally unfriendly Styrofoam cups with ceramic, glass, and metal coffee mugs for use at work. Promotional coffee mugs also make for excellent employee bonus gifts that can be used at work or at home.Travel mugs are another hot promotional merchandise item, for on the go transport of hot coffee that will not spill and cause a serious burn or ruin suitclothes. Travel mugs keep coffee hot from home to the office, to the conference room, or to a meeting across town. You can give travel mugs with your business boldly printed on the side to employees, business contacts, and friends. Remember to reserve one for yourself as these are really handy coffee transporters as you go about your busy day.Pens, plastic, wood, and metal in ballpoint and felt tip styles are among the hottest promotional merchandise available today. We all use pens every day, at work, at home, on the train, while flying, and at school. Having a supply of printed, promotional pens i
    beginning of the conversation, something close to the following: “I do want you to know that I can’t work with everyone. Sometimes I don’t have the exact expertise you may need. Also I do want you to know that I am not the most inexpensive attorney in the city. If I am a good match for your situation I will be talking with you about fees. If my fees are too expensive for you don’t be afraid or embarrassed to tell me. I will have some good referrals for you that might be a better fit for your budget.”

    In legal marketing terms what have you done here? You have made yourself a scarce service. We all are pre-programmed to think something or someone that is scarce is valuable (Cialdini Ph.D., Influence, Science and Practice; 2001). You have told them you don’t work with just anyone. Now they are hoping that their case is a good fit so they can have you. They are wondering if you can fit them in since you are in such demand that you can decline cases. Nice law marketing positioning for sure. Suddenly they are auditioning for you, not you auditioning for them. They also are thinking this fellow must be really, really good or he would not be saying such things to me. They are thinking that they better act quickly and say yes to hiring you or you may be full and can’t take them later. They also may be imagining a really, really high fee in their minds and when you quote something less than their imagination (which you can often) or contrast it with something higher or a benefit (more here later) they are relieved. Besides if they have been shopping then they know the really, really high fee and you are maybe 20% to 30% below that.

    OK so lets say this legal marketing scenario did not go that well. What if the person says something like: “But your fee is $300 per hour and another lawyer I talked to charges $225 per hour.” What do you say? How about something like this: “I don’t know exactly why this lawyer is charging so much less than I do, however, I can tell you exactly what you will be getting working with me, what my qualifications/experience/expertise are with respect to your particular matter and I just can’t help but wonder what he might be missing or leaving out by charging the fee he charges.” In law marketing here you want to bring forward in their minds the unconscious thought that someone who charges less must be doing less of a job for you or is not as competent. The old “you get what you pay for” scenario most of us were raised on works well in legal marketing. Another way to say it is “penny wise, pound foolish” since if a lawyer who charges less does the job one could just wind up paying more later because of that “cheaper” work.

    Another good job of law marketing positioning I’d say. In a specialty practice area this old adage is even more applicable than say a commodity practice area like residential real estate closings. I think you get the idea here in this law practice management effort. In what you are saying be sure they are wondering just what might be missing since doubt is what you need to create in the mind of the prospect about your competitors. You might even want to go so far as to list out in detail what you will be doing and providing for the client before you say the magic words I just gave you so they see all that is coming their way by selecting you. Again with this legal marketing approach what we are doing is bringing forward “doubt” and “suspicion” while making sure they know how solid you are for them. It never hurts to have testimonials or letters of recommendation as well to show prospective clients before you give the magic words.

    In legal marketing a bit of preemption or prevention could work well in telling prospective clients about your fees as well. If you contrast your fee against a hi

    Career Killers to Avoid
    Many professionals and managers are so involved in day-to-day crises and fighting fires that they forget about a key leadership characteristic: self-management. Effective leaders are first of all effective in managing themselves – their time, their focus, their emotions and their careers. It’s too late to figure out what’s next for you once your company has merged, had lay offs, changed strategy or whatever. Here are the biggest mistakes leaders make in their careers.Burning bridges along the way. Each profession may seem big – but, as you move up in your career, you come to realize how ‘small’ each really is. Something you said or done may comes back to haunt you.Not having big enough goals. A key career stopper is setting your goals too low or not being willing to put in the time it takes to reach goals. Believing “I could never do that” or, “They’ll never give me the go ahead” means it probably won’t happen. Take risks, try new things, initiate and learn and grow.Playing office politics. Some people
    y be full and can’t take them later. They also may be imagining a really, really high fee in their minds and when you quote something less than their imagination (which you can often) or contrast it with something higher or a benefit (more here later) they are relieved. Besides if they have been shopping then they know the really, really high fee and you are maybe 20% to 30% below that.

    OK so lets say this legal marketing scenario did not go that well. What if the person says something like: “But your fee is $300 per hour and another lawyer I talked to charges $225 per hour.” What do you say? How about something like this: “I don’t know exactly why this lawyer is charging so much less than I do, however, I can tell you exactly what you will be getting working with me, what my qualifications/experience/expertise are with respect to your particular matter and I just can’t help but wonder what he might be missing or leaving out by charging the fee he charges.” In law marketing here you want to bring forward in their minds the unconscious thought that someone who charges less must be doing less of a job for you or is not as competent. The old “you get what you pay for” scenario most of us were raised on works well in legal marketing. Another way to say it is “penny wise, pound foolish” since if a lawyer who charges less does the job one could just wind up paying more later because of that “cheaper” work.

    Another good job of law marketing positioning I’d say. In a specialty practice area this old adage is even more applicable than say a commodity practice area like residential real estate closings. I think you get the idea here in this law practice management effort. In what you are saying be sure they are wondering just what might be missing since doubt is what you need to create in the mind of the prospect about your competitors. You might even want to go so far as to list out in detail what you will be doing and providing for the client before you say the magic words I just gave you so they see all that is coming their way by selecting you. Again with this legal marketing approach what we are doing is bringing forward “doubt” and “suspicion” while making sure they know how solid you are for them. It never hurts to have testimonials or letters of recommendation as well to show prospective clients before you give the magic words.

    In legal marketing a bit of preemption or prevention could work well in telling prospective clients about your fees as well. If you contrast your fee against a hi

    The Importance of Having a Budget For Marketing
    When you want to market a product or service for your business, it is of vital importance that you develop a marketing budget. You can't spend all of your capital and marketing and not have enough left over to be able to create the products you intend to sell. On the other hand, you can't put all of your money into the products without developing some kind of marketing strategy to bring them to the attention of potential customers.One way to try and ensure that you don't have all your eggs in one basket is to develop a budget of the amount of money that you can afford to spend on marketing and stick to it. You also have to make a decision about the best form of marketing. This means that you have to decide which method of marketing will bring you the most attention from customers. Television advertising is very high and radio advertising comes in a close second. It doesn't cost a lot of money to advertise in the newspapers, but you do have to be careful about where your ad gets placed. It may or may not be in the part of the newspaper where your customers wi
    it is “penny wise, pound foolish” since if a lawyer who charges less does the job one could just wind up paying more later because of that “cheaper” work.

    Another good job of law marketing positioning I’d say. In a specialty practice area this old adage is even more applicable than say a commodity practice area like residential real estate closings. I think you get the idea here in this law practice management effort. In what you are saying be sure they are wondering just what might be missing since doubt is what you need to create in the mind of the prospect about your competitors. You might even want to go so far as to list out in detail what you will be doing and providing for the client before you say the magic words I just gave you so they see all that is coming their way by selecting you. Again with this legal marketing approach what we are doing is bringing forward “doubt” and “suspicion” while making sure they know how solid you are for them. It never hurts to have testimonials or letters of recommendation as well to show prospective clients before you give the magic words.

    In legal marketing a bit of preemption or prevention could work well in telling prospective clients about your fees as well. If you contrast your fee against a higher fee then your fee does not sound so large even if it is larger than a competing lawyers fee. An example would be a family lawyer might say something like: “Some attorneys would charge as much as $20,000 for handling this type of a divorce, however, with my experience and expertise I know I can do the divorce for you for $15,000”. Here you are saying your competitors’ fees first with your fee second making your fee sound good compared to the others. Another law marketing example would be in estate planning you could say something like: “I can prepare a document (for document insert the correct technical term) that will save you $400,000 in federal estate taxes for only $20,000.” Here you are contrasting your fee to the savings and saying the savings first and your fee last. A PI lawyer might say, “Some attorneys would charge you 40% of the recovery, however, I will be able to take your case for 30% of recovery.” I think you get the idea here when it comes to this law practice management strategy.

    Legal marketing is not always a “slam dunk so now, you have done everything I suggested above and the client is still having price objections. My advice is to let that client go. If money is their only remaining objection and nothing you have said or done to this point has made a difference then I suspect they are going to be a problem in other areas later on. What type of a law practice management problem? Well, like not paying their fees or objecting to some of your billing demanding still a lower fee. Also, they are telling you extremely clearly they are a price only buyer not a value purchaser who is not loyal to you as a long-term client but loyal to the lowest price. In legal marketing you need long-term clients who are not price sensitive and not problematic. Finally, if you begin to negotiate the price now you are showing weakness and they will use that weakness with you down the line. I say legal marketing is tough enough without this type of client. Make a good referral to one of your competitors who is not reading my material so they have the headaches that keeps them bogged down and not able to do any legal marketing since they are bogged down with these types of clients!

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