In business blog

Chrissie Lightfoot
Thursday, 2 September 2010

‘The sun is out... the sky is blue... there’s not a cloud... to spoil the view... but it’s raining... (doodle doodle doom)... raining in my heart.’
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You may recognise the lyrics from a song. I’m referencing it in relation to how all you frustrated lawyers out there may be feeling right now. Whether you’re frustrated as hell about trying to get into the profession, or whether you’re in it and desperately depressed and you want to get the hell out... but feel stuck... this article’s for you. For some of you, it may feel like a tornado is whipping around inside that legal beagle heart of yours.

I’ve just read in the Sunday Times (business section) last weekend that we’re in for a double dip as far as the economy and recession is concerned. And, the double-dip pessimist mongers say that ‘looking forward the wider economic picture is not so bright’.

I’ve also been chatting and meeting with tomorrow's lawyers and partners in law firms over the past couple of months and law student, associate, senior associate and barrister clients. It’s partly why I’ve been a wee bit quiet on the blog post scene of late – my apologies; some of you may of course be thinking ‘thank God’ – my ‘anonymous’ commentator fan club in particular.

Bottom line... doom and gloom. The feeling is that there will be no boom for many years to come.

I’ve probably made you feel like jumping off the proverbial crumbling ivory tower roof (or equivalent). Jeronimoooooooooo!

But hey, don’t jump. Ever the eternal optimist I reckon there’s still hope. We just have to find the strength and courage to persevere.

For a start, we shouldn’t believe everything we read or hear. So, you can choose to stop reading this article right now if you’re thinking I’m talking a load of blond bimbo utter tosh (or about to).

I believe there is hope because we have choice. We have options.

For example, if you can’t get through the ‘no training contract here for you’ brick wall, are struggling to duck around it by applying for a paralegal and/or legal executive position and having no success there either because law firms are hoarding any cash they have and are reluctant to take on more staff as the global economy faces continued uncertainty, then here’s an idea: go and do something else with your life. For now, at least. While the economy and legal world is struggling and desperately trying to find its feet again and get itself on an even keel.

Reality check – there’s an obvious over supply of law students, an obvious under supply of training contracts available (and/or paralegal positions available) and a pool of highly qualified and skilled ‘give us a job’ lawyers already in the market who were ‘let go’ in 2008/9/10, ever hopeful of reclaiming a rowing position on the good ship legal enterprise.

Taking another path may well mean less risk of racking up debt. After all, there is no guarantee you will make it as a lawyer and have a legal career at the end of it; some things may well be beyond your control. The saving grace is that there’s always the chance you can come to the law later in life (as many lawyers have, successfully).

You may well find (like most people) that you will have more than one career during your working life. There’s a whole range of exciting career paths for an intelligent, hard-working, ambitious young person such as you. Remember, you are one of the top 5% in the world (as an educated budding professional). Even in a recession there are industries and niches doing rather well. Go seek and ye shall find... because it just may turn out that the dream you once believed as being the holy grail might actually turn out to be a paper cup. If you don’t believe me then go and talk to all those frustrated lawyers who remain in the industry and all those who have since left (out of choice).

Whether you’re a paralegal, legal executive, assistant solicitor, associate solicitor, a senior associate, attorney, lawyer, partner or barrister you may well have already reached the point, mindset and realisation which Jim Rohn speaks of:

‘Let others lead small lives, but not you. Let others argue over small things, but not you. Let others cry over small hurts, but not you. Let others leave their future in someone else's hands, but not you.’

Being unhappy in your role/job/career is akin to being unhappy in your marriage. When you’ve reached the point that there’s more ‘bad’ than ‘good’ happening then you have to do something about it (for everyone’s sake).

So, if you want out now because in your case the holy grail you may have once searched for and found has actually turned into a paper cup, then how about these ideas:

1) Become a virtual lawyer – if you’ve got the network, contacts, collaborative relationships, wherewithal, personal marketing skills, personal sales skills... and guts, then go do it; or

2) Be a portfolio worker (be a lawyer and something else at the same time), for example, Tim Kevan: barrister (non-practising at present), the Guardian law blogger, writer, author of Law and Disorder; Marci Alboher: lawyer, journalist, author and writing coach; Denise Nurse: lawyer and weather presenter (Sky News); Shireen Smith: lawyer, marketing & website business owner (sources: Director magazine October 2009 and NatWest Sense magazine 2009). It might continue to rain in your heart as far as your lawyering role is concerned but the sunny joy the other roles bestow might actually be worth the juggling act; or

3) Go start a business – hook up with an entrepreneur who will complement your skills and needs your connections, experience and level head. Together you could be a dynamic duo – the Batman & Robin of the new legal and business dynamic (although I suspect there could be a battle as to who drives the bat-mobile).

4) There are plenty of entrepreneurs desperate to have esteemed professionals on board, who, dare I say it, already have finance lined up – their own or somebody else’s – but need someone of your calibre and ability to add value to the team. I have also read and hear of late that there are also plenty of cash rich entrepreneurs (business angels) who would rather put their money behind a sound new business venture than invest it elsewhere in the present economic climate, as there’s a chance that the yield will provide a much better ROI than sticking it in a bank or dabbling in the plum duck stock markets.

In my experience (as both a lawyer and an entrepreneur) some entrepreneurs have got all the ideas and whizzy gig oomph but no clue as to how to turn it into a viable business and make it work. They need you!

It’s worth remembering that great companies were born out of previous recessions – such as LexisNexis, Microsoft and Dell. And many lawyers whom left the profession have made a great success of their new ventures (and careers).

Take a look at Philip Vecht. He’s made an absolute fortune hanging advertisements in toilets.

Reported as ‘the lawyer who cleaned up with washroom adverts’ in the Sunday Times in January this year, Vecht began his career as a commercial lawyer at Nabarros. After two years he got out of the profession and co-founded Admedia. In Vecht’s own words ‘it was terrifying’. Surprisingly he wasn’t referring to making the leap of faith into his new venture... it was in reference to the toils and challenges of making the business work and if he failed he ‘thought (he) would have to go back to being a lawyer’. Turnover for 2010 is expected to be £7.5m.

I believe the world could probably do with less lawyers lawyering and more lawyers working in and on a business. You never know, this way ahead might actually just help the world get out of this long tail recession. There’s already a plethora of lawyers in the world and a technological, digital, consumer sovereignty trend that will inevitably see the need, want and/or desire for even less.

Problems on the job (or search for a legal job) could lead you to begin a search for something better. But it may well not be the time for impulsive action. Only you will know what’s right for you...where and when.

When all is said and done, if it’s raining in your heart then you could do something about it. You have a choice. You could be master of your own mutiny.

Of course, you will have to conduct a 360 degree personal talent, strengths, skills, knowledge, experience, fiscal, confidence and guts reality check. And an honest one at that. You’d be a fool not to. After all, if you’re going to walk the plank and jump into a stormy sea then you’d better have all the bits ‘n’ bobs in the life raft to ensure your survival. Otherwise, you just might drown!

Do you have a plan B, C or D? I ask because I’ve always lived my life as such that I hope for the best but plan for the worst. ‘It pays to plan ahead. It wasn't raining when Noah built the ark’ (anon).

One final thought. There may well be a market and a viable business model in the concept of ‘Frustrated Lawyers R Us.’

I wonder who of you reading this article will actually act on this idea.

If you do, please do let me know. I’d be delighted to hear about and witness your success first hand. In fact, I’d be honoured to swash-buckle alongside you in your personal mutiny

Tally-ho!

Chrissie Lightfoot is author of The Naked Lawyer eBook - a blueprint in how to get more sales.
http://entrepreneurlawyer.co.uk/products-services/ebook

Eduardo Reyes
Tuesday, 31 August 2010

In-house lawyers don’t expect a high profile in the press over the summer months. But July and August this year were different.
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Where major businesses have had well-publicised problems, such as regulatory investigations, general counsel have often been named and quoted in articles.

BP has had to contest a widely quoted purported admission of ‘gross negligence’ on the part of the company by its general counsel. Intel’s former GC, and Monsanto’s chief deputy general counsel, were both quoted in relation to US anti-trust cases. And HP’s general counsel was the senior figure deployed to explain the departure of high-profile chief executive Mark Hurd.

Their prominence is no accident. The central role that senior in-house lawyers play in an organisation when it comes under intense media scrutiny is increasingly recognised.

First and foremost, this is because of their relationship with the regulator. Alleged secrets and cover-ups are high up the media’s list of what constitutes a story – and where a regulator feels they have trouble getting information, or the information provided proves unreliable, it can be willing to publicise the source of its unhappiness. In-house counsel, therefore, need to take steps to ensure that they are not kept in the dark, and that misinformation is corrected quickly.

Second, the organisation under pressure may decide that its lawyer has the professional trust to publicly rebut misinformation.

Third, the in-house lawyer is at the centre of the tensions that pull an organisation’s instincts in different directions when faced with a crisis. If life has been lost, for example, the head of communications may want to apologise immediately; the head of legal to avoid admitting liability until the facts are clear. Those tensions need to be resolved sensibly for an organisation’s response to be clear and effective.

The advice from general counsel who have experienced being at the centre of a well-publicised crisis can be summarised as follows.

For the organisation:

  • Have an agreed way to recognise when the organisation faces a media crisis
  • Have a team that knows to assemble when a crisis occurs
  • Define the responsibilities of team members
  • Select a ‘command post’
  • Prepare your message at each stage of the crisis
  • Appoint a spokesperson

For the legal team:

  • Get the facts straight
  • Have a good rapport with the regulator
  • Obtain evidence of compliance
  • Have industry analysis of the facts, which may differ from a regulator’s analysis
  • Recruit third-party supporters who the legal department may be in a position to contact, such as independent experts

In addition to media interest in ‘cover-ups’, the legal function also has responsibilities in other classic areas of media interest including the exposure of many people to risk. Public attention may not be welcomed by many in-house counsel, but for a growing number, being in the public eye is not a matter of choice.

Alastair Moyes
Thursday, 26 August 2010

Organisational change is in the headlines everywhere this summer. The NHS is a particular focus with BHS boss Sir Philip Green being asked to make recommendations for change. In a recent Radio 4 Today programme interview on this issue, businessman Sir Gerry Robinson and Professor Colin Talbot's comments on Sir Philip’s task ahead could equally apply to the challenge facing law firms, as they struggle with real change in their organisations.
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Professor Talbot caught my attention with the phrase ‘identifying what's needed isn't the difficult bit – it’s actually making the changes that’s the problem’. Sir Gerry followed that with ‘it's easy to get advice on what to do so why is it so difficult to change?’.

Their two concluding points also had echoes for solicitors. First, they said, it's difficult to change because ‘long established [business] machines can be very good at protecting themselves’. Although for legal services this protection has changed in the past few years and the market is open to competition, the profession still has a strong protective instinct based around current reserved activities.

The second point highlighted was that change brings ‘genuinely radical ideas’ to those working in the sector. This is particularly true for law firms. Radical to the extent that most senior and managing partners have not needed to understand the details of marketing management in a way that can help them change their firm in the face of growing competition. While many of the marketing management elements are in place, few firms draw the information together to use it constructively as they would for accounting purposes, or developing and managing legal knowledge through training and CPD.

From my experience, this has led firms to a focus on the easier-to-grasp elements of marketing, like advertising and PR. It is easy to buy in the skills or services from established agencies that can be seen to achieve results. Raising 'profile' is often mentioned when considering local newspaper editorial or advertising. While this area of marketing has its place, it does little to address the core marketing management questions all firms must answer first. These questions include: who are our clients and how will we make profit in the future? And how do we organise our firm to achieve it? Once these are understood, it becomes easier, cheaper and more effective to achieve the change in the firm required to capture the clients you want, through whatever promotional mechanism best suits.

Unlike Sir Philip's mammoth task with the NHS, solicitors can achieve the radical change necessary to compete now and in the future. Instead of looking for the easy quick fix of buying in a solution, look first at what you have and how better to organise it for future profits.

You will need professional marketing management help, either from a qualified marketing person or consultants, to bring in the ideas and knowhow that can see the marketing value you already possess. Professor Talbot's final point continued the connection.

The drive from change must come from within the organisation by those people 'doing it'. So here's the easy bit to get you started: your firm needs to manage the process of providing valuable legal advice and services to identifiable groups of clients with funds or funding to be profitable. Now please be radical within your firm.

Nick Kehoe
Tuesday, 24 August 2010

As with so many things in life, timing is vital when it comes to writing law articles as a way of marketing your firm. Good timing can improve your chances of getting your article published in the media and it can help maintain a steady flow of material for your blog or website news section.
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As lawyers you have certain advantages over many professions when it comes to finding ideas for articles because you work everyday with a subject that governs our lives. Your potential readers are already pre-disposed to be interested in your article because the law affects them, their families and their businesses. Not every profession can say that.

But it gets even better. Not only do you have this excellent source of material, you also have another advantage because the law is constantly changing due to new legislation, regulations and court rulings and so on.

These changes mean you always have something new to write about.

That brings us back to the issue of timing and how it can help us produce a steady stream of articles on the same subject.

Nearly all legal changes have a long gestation period that can last several years. For example, a new piece of legislation will go through its various stages of being announced in the Queen’s speech to its readings and committee stages and so on.

Even when it receives the royal assent there will still probably be a year or so before it comes into effect.

This gives you several chances to write your articles. For example, when you first hear of a new piece of legislation that you feel may interest your readers, you could write an article explaining what the changes will mean and how it will affect people’s lives and businesses.

At this stage you probably won’t have many details about the precise nature of the new legislation but that doesn’t matter. In fact, it’s a good thing because each stage in the development of the new law gives you a chance to write another article as more information emerges.

You don’t have to take every opportunity, of course, or you may become repetitive. But you could probably write at least three or four pieces that would be worthwhile. These might be a piece when the new legislation is first mooted, another when it gets its first reading when most of the details emerge, and then another when it gets the royal assent.

If you wish, you could then do a recap when the law comes into effect a year or so later and there’s also likely to be another opportunity about six months after that when the law has had time to have an effect. At this stage you might write about whether it has actually brought the promised benefits or whether it has in fact created unforeseen problems.

To see how this might work in practice let’s consider the Equality Act. In my last blog blog I mentioned that solicitors could produce several articles by breaking the act down into its various themes rather than trying to write about everything in one go.

Good timing will provide you with even more opportunities. Many law firms have already produced several articles on the act during its progress under the previous government following the steps outlined above.

Now they will be preparing to write another article to coincide with the law coming into effect in October. The start date makes the subject topical again. There is also the angle that the new government is likely to make a few alterations. For example, it hasn’t yet decided exactly what approach it will take to all the equal pay measures covered in the act.

Ministers say they will give more details over the coming months, which will provide more opportunities to produce another blog or news article.

Once the act comes into force it will naturally have an effect of some sort. This means there will be several more chances over the coming year to return to the subject to examine how the changes are working in practice. Are they causing problems for businesses? Is there something companies can do to avoid potential pitfalls?

This may seem time-consuming but in fact it’s a very effective way of producing several worthwhile articles out of the same subject. Writing an article from scratch requires a lot of time and research so don’t limit yourself to one showing.

Return to it again and again when a new landmark appears. Your follow-up articles will be much easier and quicker to write because you have already done the main research.

It means you will be able to keep your news section fresh and up-to-date and provide a good service for your clients with the minimum effort.

Nick Kehoe is a former television and newspaper journalist. He is now managing director at law marketing firm Media Coverage.

Martin Langan
Thursday, 19 August 2010

The launch of the solicitors’ comparison website wigster.com, reported by the Gazette, is likely to engender polemic reaction from within the profession.
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Many will see the site as another threat to contend with alongside ABSs, while others will view it as a means of fighting back.

But whichever side they take, no one though who has even casually considered the global market explosion over the last few decades, with added fuel from amazing advances in technology since the mid-1990s, can be surprised that these forces will now impact on the legal profession.

The lifting of the ban on solicitors’ advertising in 1987 was similarly polarising. I remember a district judge telling me that advertising was anathema to a profession, and that one would be rightly suspicious of any doctor who had to shout about his services in this way. Quite what that DJ would have made of the marketing of private medical services these days is not difficult to guess. Others welcomed the opportunity to compete openly on price, although usually proclaiming a high-quality service.

Conveyancing scale fees were abolished in 1972, but until the advertising ban was done away with, it was difficult for the public to compare prices. Even then, quality of work and service remained hard to differentiate, other than anecdotally.
Interestingly, wigster is part-owned by solicitors, perhaps as testament to the view that getting involved with the fight for market share is better than hand-wringing on the sidelines. In terms of public perception, a comparison website that scores firms on price, service and reputation could be of more interest than a Law Society campaign that seeks only to persuade people that solicitors in general are a good thing.

The kind of money that national TV coverage must cost is a sign that the profession can compete in marketing terms with the big companies that will surely emerge next year. Through this kind of initiative, solicitors can get a head start. This will inevitably mean a driving down of price, but there is no hiding place in an ever more transparent market.

If prices are to fall, then it is vital that firms look to the cost of production. That will mean a move away from outdated working practices that have no place in the modern world. Automation and delegation are key to survival. A repressed market has for too long enabled unjustifiably costly working methods to persist, and their days are surely numbered. The likes of wigster might just incentivise firms to act before it is too late.

Martin Langan is a former practising solicitor and founder of Legal Workflow Limited providing services tailoring practice and case management systems and legal IT strategy and operational advice and assistance

Related articles

Nick Kehoe
Thursday, 12 August 2010

Many firms now provide a legal news service as part of their marketing efforts and as a way of providing extra value for clients. The problem is that while it’s easy to start a service highlighting legal developments, it can be difficult to maintain. After a few months, the enthusiasm begins to wane and the articles start to dry up.
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Before you know it, you have a news section that is six months out of date. Then it becomes a little counterproductive – making you look out of touch rather than up to the minute.

There can be several reasons why the updates tail off – pressure of work and an ever-demanding caseload spring to mind. But I think there’s more to it than that. Lawyers by their nature like to cover every angle when tackling a subject. They naturally fear leaving a loophole somewhere that could come back to haunt them.

While that may be an essential approach when dealing with legal documents, it’s not helpful when writing a press release, blog or article for your website’s news section.

For a start, a client reading an article in the press or on your website is unlikely to want a chapter and verse analysis. They are more likely to want a quick and easy-to-read snapshot of what a change in the law might mean. If they are personally affected, they can always contact you for detailed and formal advice.

The other point is that if you cover every angle all at once, it’s little wonder that you soon run out of energy, enthusiasm and anything new to write about.

Thankfully, there are simple approaches you can take that will help both you and your clients. In my last blog, I listed a few new laws and legal developments outlined by the new government that would make good articles.

One of those developments was the Equality Act, which starts to come into effect in October. By chance, I came across an article about the act on a law firm website. It was a good item, but it fell into the trap of trying to cover every aspect of the new legislation all at once.

If the writer had been producing the article as an overall guide for other solicitors it would have been fine, but that wasn’t the case. It was written for the firm’s clients, who were therefore faced with wading through all the implications of the Equality Act all at once.

That’s quite a task. Remember, the act is pulling together concepts that were previously covered in nine separate pieces of legislation. It’s a major piece of work, and to ask your clients to absorb it all in one go is perhaps asking too much of them.

There are better approaches that will help you and your clients.

First, look at the act and consider the people it will affect. The first point is that it will affect both business and private individuals. Sub-divide that further, and it’s clear that it will have implications for businesses both as employers and as providers of services.

Individuals will be affected both as employees and as consumers. There are changes to our approach to discrimination; some of those changes are a new departure and some are just a shift of emphasis.

They will all affect a wide range of people in terms of discrimination relating to disability, gender reassignment, pregnancy and maternity, race – including ethnic or national origins, colour and nationality, religion or belief, sex and sexual orientation.

Once you start to break the act down into these categories you can see that there are numerous articles to be written. This approach gives you a double benefit.

First, you can target each article at a specific group so you provide them with valuable and relevant information without obliging them to wade through the parts of the act that don’t affect them personally.

Second, you will be able to provide several articles that can be fed on to your website or blog every few days, so it constantly looks up to date.

If you apply this principle to other new legislation then you will be able to create numerous targeted articles for little more effort than it would take to produce one comprehensive overview.

There’s also a timescale to this, of course, in terms of when you write and publish your articles over the several months and years that it takes an act to become law.

But perhaps I should practise what I preach and write about that in a separate post.

Nick Kehoe is a former TV and newspaper journalist. He is now managing director at law marketing firm Media Coverage

Andrew Woolley
Tuesday, 10 August 2010

In my last blog on the role of coaching in law firms, I argued that a coaching style of management was appropriate when managing lawyers, most especially those who are senior and experienced. The blog attracted comments making the fair point that we should ensure we have the ‘right’ people in the firm in the first place. In my defence, I rather thought that was implicit. But how do we take a view on who are the ‘right’ people?
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I think that key performance indicators (KPIs) are of great use, especially to a busy management team. And, I hope, to the lawyers themselves. It cannot be a fair management system if those being managed don’t know the measures applied to them and have no input. I will refer to issues of motivation in a later blog, but the subject of ensuring you have the right lawyers is a subject in itself, and I do not attempt to cover if here. For now, suffice it to say that some lawyers are motivated by having stretch targets, and some are demotivated by having targets they see as tough.

Of course you will choose the KPIs that are important to your firm, but there are some I suggest will be universally useful. What is important? I suggest billing, allied to client care, but bearing in mind the behaviours that lead to those two.

I think the KPIs can be broken down into these headings:

Financial

  • Billing per month versus their history, versus firm average
  • Fees paid in month
  • Fees past 30 days overdue

Marketing

  • Leads obtained from own activity
  • Total leads handled
  • Conversion rate versus their history versus firm’s average
  • Leads from recommendation

Customer care

  • LCS complaints
  • HO service concerns for that lawyer by number
  • Client testimonials

You can set targets for each of the above if you wish. We do, and find this useful to chart progress and difference between lawyers. On the face of it, if one lawyer can achieve a certain target then another could with the right input or information. If someone has reached a certain performance figure in the past, it is very useful to be able to point that out to them when they are struggling a little and starting to doubt themselves.

I think these are the main KPIs. What others do you think should be used?

Finally, I would stress that ‘paralysis by analysis’ is to be avoided. It is a course of improvement over many months that we seek to see, and I think it is important not to concentrate on a short-term change of performance.

I think KPIs give a structure to a background supervision of your lawyers, underlying a trusting and coaching management style. Lawyers will know what is expected of them and what they need to do to be the ‘right’ lawyer for your firm.

The above stats can be relatively easily produced by a basic software system if there is proper input to it. Personally, I have a spreadsheet which produces a graph showing the monthly changes, which I find easier to read.

Nick Kehoe
Thursday, 5 August 2010

Whatever your political views, there’s no doubt that a new government can provide excellent marketing opportunities for law firms – particularly those firms that like to keep their clients up to date with the latest legal developments.
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The reason is simply that new governments mean a sudden rush of new legislation, new rules, new attitudes and new approaches. Every little shift of policy, whether major or minor, is likely to have an impact on the lives and businesses of your clients.

Those clients will obviously want to know what’s happening. If they are to be affected by any changes, then what can they do about it? How can they avoid any problems or take advantage of any new openings?

These issues provide lawyers with opportunities to engage with clients, by alerting them to new developments and explaining what the impact is likely to be.

Of course, many proactive law firms will already be running a news and analysis service, but as time goes by it’s easy to run out of steam. This was particularly noticeable in the last six months of the Labour administration, when there seemed to be very little momentum around. Everyone seemed to be treading water and waiting to see what would happen when the new government arrived.

Well, now that new government is here and, like all new administrations, it’s keen to make an impression with a plethora of changes. Now is the time to get writing to explain those changes to your clients. Here are a few ideas that might be worth considering.

Default retirement age (DRA): Both your private and business clients would welcome clarification on what the abolition of the DRA will mean. For example, although the DRA will end next year, employers will still be able to oblige employees to stand down if it can be objectively justified. This will have to relate to the nature of the work, but some detailed analysis could be helpful for both employers and employees.

Holiday lettings: The government has just announced that it is going to change the special tax rules for furnished holiday lettings so that they comply with EU law. Many landlords and tourism businesses will be pleased to hear that the rules aren’t being scrapped altogether, but anxious to know more details about the new arrangements and what impact they are likely to have.

Licensing: The Home Office has taken full control of alcohol licensing as the government promises a tough new approach. Licensees will naturally want to know how they will be affected, as local communities are given more say over late night opening while the police and local authorities are given more powers to remove or refuse licenses.

Cutting red tape: Every new government promises to do this, but then perhaps that in itself could be the subject of your article. What can Vince Cable’s new reducing regulation committee really achieve? Businesses would certainly like to know and, of course, you can always alert clients to regulatory issues that may affect them. Perhaps you have heard of people being caught out by some regulation they hadn’t come across. In which case, your other clients may be interested to hear about it so they can avoid the same problem.

Equality Act: This was from the previous administration, of course, but there was some speculation that the coalition would not go ahead with it. Now they’ve confirmed that they will, but there’s still some uncertainty as to how and when some of the measures relating to equal pay will be introduced. Again, both employers and employees would welcome information about how the new government’s version of the act will affect them.

Wills and cross-border estates: The coalition has confirmed that the UK will opt out of European proposals on wills and cross-border estates. This could have implications for thousands of people who own property abroad. Explain the implications and you will be providing your clients with a valuable service.

Children and families taskforce: The new taskforce has a wide remit to look at better ways of helping children, parents and grandparents caught up in family breakdowns. This gives you endless opportunities to explore family issues that concern you, and highlight both potential problems and solutions for your clients.

These are just a few ideas of course, and it would be quite easy to compile another similar list of what the new government has announced so far. There will no doubt be several more announcements in the pipeline. My advice is to try to keep abreast of them, because they tend to come thick and fast in the first year of a new administration.

Each announcement is an opportunity to engage with your clients. Use whatever means is convenient for you. It could be an article on your website which can also be used in an email newsletter. It could be part of your quarterly print newsletter if you do one. You could produce a press release, and you could certainly create links to the article if you run Twitter, Facebook or other social media accounts.

The law is important to people because it affects their lives whether they like it or not. If you can take complex legal developments and explain them clearly, then you will be providing a useful service which helps cultivate that vital ongoing relationship with your clients.

Nick Kehoe is a former television and newspaper journalist. He is now managing director at law marketing firm Media Coverage.

Alastair Moyes
Wednesday, 28 July 2010

Recent posts from Clare Rodway and Richard Cohen explore new ideas in the changing market for legal services. Both provide useful indicators of future marketing and business process methods that firms need to consider as part of their planning.
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These ideas are already having a profound effect on the market for legal services and need to be taken into account – whether you plan to use them or not. Other firms will and it will have an impact on your business.

New developments in 'marcoms' (marketing communications) when applied to a particular firm need to build on the established marketing basics to achieve their full potential. Often, firms buy in marketing solutions without thinking of the implications for the internal processes of the firm or how those processes could be changed to achieve better returns on promotional investment.

The adoption of the ‘freemium’ idea, using social networking or any other type of promotion channel, all rely on the communication of the benefits of the services offered (when compared to the client’s alternatives choices) in a timely manner, to the identified groups of potential clients. Essentially, that means talking to the right people at the right time with a message they understand.

Any communications channel, be it in print, web or in person, needs to be clear throughout the firm. In small firms this can be relatively easy, but in larger firms internal communications become as important as communications with potential clients. Everyone in a firm needs to be able confidently to present the benefits of any of its services to any client when the opportunity arises. Thus everyone needs to be familiar with the firm’s brochure and website, so they know what to say about other departments services.

Potential clients are looking for help with a particular set of circumstances. However, most clients have little understanding of how solicitors’ firms work, but expect a ‘joined-up’ service. They are seeking easy access to services they understand, and that they see can deliver the benefits they need. For the firm, whatever the method used to deliver that message, the marketing basics must be in place to provide the message content with benefits for clients.

Then you need to consider each communications channel and how best to get your message across. Both freemium and social networking require a lot of relevant content to be generated around the core benefits message to make it attractive to potential clients. But don’t lose sight of the core message or you really will be providing it for free.

Taking the time and effort to get the basics right means your firm can use and get returns from new marcoms channels. In a changing legal services market, having the ability to act quickly based on sound marketing basics can be the difference between thriving or just surviving.

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Sue Bramall
Thursday, 22 July 2010

Participating in the IBC Conference in Manchester recently, I heard Nick Green QC speak in person about his vision for the bar, and came away with a copy of his excellently clear paper The Future of The Bar.
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Typically, most conference packs that I pick up float around in the boot of my car for a few weeks or quickly find a home in the corner of my office before eventually making it into the recycling bin. Not this one. It provides a frank and refreshing analysis of the bar’s market position and should be essential reading for all managing partners, business development specialists and marketing directors in law firms.

Having given much thought to the challenges and opportunities arising from the changes to the competitive environment within the legal profession, I confess that I had really not given a great deal of thought to the potential of direct competition from the bar. Having spoken to a number of our clients since, I was comforted by the fact that I was not alone in this.

I had seen a few disparaging remarks on the Gazette website and LinkedIn discussions and assumed – wrongly – that the bar was bogged down in internal debate and was nothing much to worry about.

On the contrary, the impression that I gained was that Nick Green QC and his team had a very clear assessment of their market position, threats and opportunities, and a clear plan regarding how to go about exploiting their competitive strengths.

Given that Nick Green QC specialises in competition law, and some leading brains at Freshfields have been involved in developing the ProcureCo structure, it will be interesting to see this in action. Solicitors with a history of tendering for business will know that there is a lot more expertise required when it comes to getting on to tender lists, being shortlisted and obtaining a position on a panel. Even this is not a guarantee of work!

As with solicitors, there are innovators within the bar who are already moving to take competitive advantage of recent reforms, which include removing restrictions upon barristers practising in partnership and increasing the right of barristers to engage in direct access work. In fact, I know a number of chambers who have employed experienced business development professionals from top law firms for a number of years.

With all the focus being on ‘Co-op Law’ (as I prefer to call it), it is perhaps an easy mistake to forget to look for competition from below you in the food chain – when you are expecting the threat to come from above.

However, with potentially so much to lose, it might be a mistake to underestimate someone with so much to gain.

’He who exercises no forethought but makes light of his opponents is sure to be captured by them’ says Sun Tzu in The Art of War.

To exercise a little forethought about competition from the bar, download The Future of the Bar.