Build a Niche Legal Practice to Build a Bigger Book of Business

Build a Niche Legal Practice to Build a Bigger Book of Business

If I could wave a magic wand and change one thing about the way that most lawyers go about personal branding and business development, it would be changing the way they think about narrowing the focus of their practices. Too many lawyers equate pursuing a niche legal practice with putting a cap on their potential. They fail to appreciate that getting narrow is, in fact, the path to building a big book of business.

I get it. The idea that pursuing a more narrow market leads to bigger opportunities seems contradictory. It’s far easier to wrap your mind around the idea that casting a wider net is the way to generate more business. The problem is that the more widely you cast your net, the more generic your message must become. You become generally relevant to many, but intensely relevant to almost no one. You can’t try to be all things to all people and expect to make an impact.

Having a niche, on the other hand, allows you to communicate your value proposition to a distinct and highly targeted market. Your message can be more relevant and contextualized to your audience, and penetrate the conversation going on in the industry you’re focused on. You can become an insider who’s trusted, not an outsider who’s viewed with a skeptical eye. Of the two alternatives, what approach do you think is more conducive to business development?

Still skeptical? Just think about your own consumer behavior. When you’re searching for a product or service provider, are you looking for something or someone that can do many things fairy well, or something or someone that does one thing – the very thing you’re seeking – extraordinarily well?

The 5 Essential Elements of a Lead Generating Law Firm Website Homepage

The 5 Essential Elements of a Lead Generating Law Firm Website Homepage

Is Your Law Firm Website Getting “Reads” or is it Getting Leads? Many law firms resign themselves to the idea that a website is only an online brochure–a place for visitors to view practice area descriptions and professional biographies.

We hate hearing the term "online brochure.” It sets such a low bar for what should be your strongest marketing asset. A law firm website should look great and function flawlessly–that's table stakes.

But done right, it can be the fuel powering a marketing machine that tells a compelling story, attracts your ideal clients, generates leads, and turns leads into new business. Best of all, by incorporating the right mix of marketing automation technology, it can work for you while you’re busy working for your clients.

Too many law firms are realizing few, if any, of these benefits.

Simply Stated’s Greatest Hits from 2017

Simply Stated’s Greatest Hits from 2017

2018 is shaping up to be an exciting year. During the first quarter I will be launching an online course that teaches lawyers how to build powerful personal brands and profitable books of business, and I’ll be releasing my new book, which is geared toward helping young associates get off to a fast start in their careers. My agency is also transforming into one that exclusively helps law firms to simplify and clarify their marketing messages in order to communicate with clients more effectively. I’ll be sharing more about all of these initiatives in the weeks to come.

Needless to say, things are busy around here. Therefore, instead of new blog content this week (which will return next week), I’ve compiled a list of some of my favorite and most popular posts from last year, written both here and on Attorney at Work. Enjoy, and I look forward to an exciting year of content, conversation, and personal growth ahead!

Choosing to do Nothing is Still a Choice: Law Firms Standing Still are Getting Left Behind

Choosing to do Nothing is Still a Choice: Law Firms Standing Still are Getting Left Behind

In screenplay and novel writing, the “inciting incident” is the event that gets the story rolling. It’s the action or decision that introduces the problem that the story’s main character must overcome. In Jerry Maguire, it’s the moment that Jerry writes his “mission statement” manifesto about the need to put people first in the sports agency business. It leads to his firing, and he walks away from his power job and starts over.

In movies and books, the inciting incident is unmistakable. It’s the moment that calls the protagonist to action and changes their life irrevocably. That’s the thing about fiction – almost every story follows the same arc. There’s background, struggle, and ultimately triumph, with twists and turns along the way. But the story almost always gets resolved, wrapped up in a pretty bow, and more often than not the protagonist lives happily ever after, having defeated the villain, gotten the girl, or defused the bomb, just in the nick of time.

It’s said that art imitates life, but real life is, of course, far different. And messier (at least the ending). For almost all of us, potentially-inciting incidents happen frequently, but rarely do they lead to real change. Often we miss their meaning altogether. Other times we recognize their significance, but are unable or unwilling to leverage their transformational power. We have a health scare, but do little to improve our lifestyle. We get laid off from a job we hate, but instead of pursuing a vocation we are passionate about, we jump right back into the corporate grind.

The Ultimate Guide for Lawyers to Build Powerful Personal Brands Online in 2018

The Ultimate Guide for Lawyers to Build Powerful Personal Brands Online in 2018

Almost every new business engagement starts online. Some clients find lawyers by searching for a particular type of expertise through a search engine, check out a lawyer’s background and experience, then initiate a conversation that leads to an engagement. More often, a prospective client learns of a lawyer offline – through referral, word of mouth, or meeting the lawyer while networking – and then proceeds to look up the lawyer’s credentials online. Either way, before moving forward with an engagement, a prospective client is going to spend time researching the lawyer’s website biography, LinkedIn profile, and other publicly available information on the Internet. Therefore, it’s incumbent upon a lawyer who hopes to develop more business to spend more time auditing and enhancing his or her own online presence. As we move into the new year, here are 13 ways lawyers can build personal brands online.

3 Simple Steps to Transform Your Law Firm Website into a Lead Generation Machine

3 Simple Steps to Transform Your Law Firm Website into a Lead Generation Machine

Is your law firm website getting “reads” or is it getting leads? Many law firms resign themselves to the idea that a website is only an online brochure – a place for visitors to view practice area descriptions and professional biographies. This is misguided. While lead generation has not traditionally been a priority for most professional services websites, failing to optimize and integrate a site as a part of a firm’s holistic business development initiatives is a big mistake.

Law firms are paying tens and sometimes hundreds of thousands of dollars to design and develop new websites, and investing even more to drive traffic to the site via spending on advertising, events and content marketing. Despite these investments, most law firm websites are doing little to nothing to capture the traffic and convert it into new business. Is your website passively displaying information, or is it serving as an inbound lead generation machine? If your website isn’t playing an integral role in generating and nurturing new business leads, then I have both bad news and good news for you.

The bad news: You’re missing out on a huge opportunity. Your law firm website is the hub of your marketing. If it’s not generating leads it’s not doing its job.

The good news: While there may be many things you could and should be doing to improve your website (for example, reducing the amount of copy on your website, and rewriting copy so that it is much more client-focused), there are three relatively simple steps you can take to dramatically improve your website’s lead-generating potential.

Are You Being Distracted Into Mediocrity?

Are You Being Distracted Into Mediocrity?

As a busy lawyer, your time and attention are your most valuable assets that you must jealously and vigilantly guard. If you want to be great, minimize distractions as much as possible. Top performers, throughout history and across domains, have worked hard to minimize distractions in order to focus on their most important work.

J.J. Watt is a defensive end for the NFL’s Houston Texans, and is one of the league’s top players. He’s so good that he’s typically part of the conversation when analysts debate the greatest defensive players of all time. Watt’s 2014 season was particularly noteworthy. Despite frequently being double-teamed by offensive players trying to block him, he racked up 20.5 quarterback sacks, which ranks in the top 10 in the league for most sacks in a season (he also had 20.5 sacks in 2012). He even scored five touchdowns in 2014, which is a level of production that most running backs and wide receivers would be happy with. Beyond his remarkable on-field success, Watt had even more to celebrate in 2014. At the beginning of the season he signed a $100 million contract with the Texans, which was at the time a record deal for a defensive player.

Cultivate Outside Interests to be a More Interesting and Productive Lawyer

Cultivate Outside Interests to be a More Interesting and Productive Lawyer

I’m working on a new book (launching in April!) that is meant to address some of the common challenges that young lawyers face when getting started in their careers and prescribes a formula for success. To create the formula, I spoke to scores of successful senior lawyers at firms across the country to get their opinions on what it takes to build a successful legal career. One of the most surprising results from my research was the number of attorneys who placed high importance on the need for young lawyers to cultivate outside interests.

This surprised me at first, but after giving it more thought it makes perfect sense. The practice of law can be all consuming if you let it. I know this from my own experience.

Early in my career I worked a lot (even by busy lawyer standards), thought about work all the time, and checked my Blackberry (yes, I’m that old) incessentantly. The blinking red light on my Blackberry indicating a new message in my inbox was my personal Pavlov’s bell.

A Churchillian Approach to Personal Branding for Lawyers

A Churchillian Approach to Personal Branding for Lawyers

Winston Churchill once said, “History will be kind to me for I intend to write it.” There’s no doubt that Churchill left an indelible mark on history. While we think of Churchill for his wartime leadership, his experience holds many lessons related to personal branding for lawyers as well.

Churchill was on the outside looking in when it came to the political power structure in Great Britain in the 1930s. Mired in intra-party squabbles with former political allies, Churchill was left out when a new government was formed in 1931. By mid-decade, as he was entering his 60s, Churchill was widely perceived to be all washed up, exiled to the political wilderness. Churchill biographer Robert Rhodes James, writes: “By the end of 1933 Churchill was widely regarded as a failed politician, in whom no real trust could be reasonably placed; by June 1935, these opinions had been fortified further.”

But as we now know, Churchill was not done; far from it, in fact. By 1939 he was appointed to a cabinet position within the government, and in 1940 he became prime minister. It was an amazing turnaround from political outsider to the heights of power.

So how did Churchill engineer this amazing feat?