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Growing Your Family Law Practice in a Challenging Economy PowerPoint Presentation
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Growing Your Family Law Practice in a Challenging Economy

Growing Your Family Law Practice in a Challenging Economy

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Growing Your Family Law Practice in a Challenging Economy

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  1. Growing Your Family Law Practice in a Challenging Economy Sponsored byThe Florida Bar, Family Law Section Presented byMark Powers & Shawn McNalis, Atticus .

  2. . Time Management &Productivity Systems If a Family lawyer can’t manage his or her time effectively, they can’t manage their practice! They will be forever frustrated.

  3. Productivity Techniques • Client Selection • Exclusivity • Designated Hitter • Preemptive Strike • Interruption Controls • Time Template – Power Hour • Case Status Organizer

  4. The most important Time Management factor in a Family Law Practice is... CLIENT SELECTION

  5. Client Ratings 1=A 2=A 3=A 4=A 5 =A 6=A “A” Clients - pay promptly, listen to advice, repeat business, primary practice area. 30=D 31=D 32=D 33=D 34=D 35=D “D” Clients - problematic, slow or difficult collections, not in primary or secondary practice area.

  6. Client Comparison A & B % C & D %

  7. STOPTAKING “D” CASES!

  8. Next -Start Letting Go of “D” Clients! How many will you let go of? ________________

  9. Productivity techniques for gaining control of the law firm... As we discuss these techniques, please remember - You are either building a BUSINESS with SYSTEMS that take care of clients and add value. . . OR. . . You are building a JOB where the client is trained to be dependent on the Technician… YOU!

  10. Become Exclusive! • Authentic • Customer Service Focus • Reduces Client Issues • Provides a reason for you to say, “no” • Introduces Team Perspective • Establishes Boundaries Elements of Exclusivity:

  11. Use a Designated Hitter A Designated Hitter is an associate, paralegal, or legal secretary who is trained to help take care of the client in your absence, and is: • Customer service oriented • Detail oriented • Has priority access to you • Introduced early into the process Who is your Designated Hitter?

  12. Preemptive Strikes A SYSTEM for PROACTIVE contacts with clients and high level referral sources • The DH calls out to client before they call in to you • First week file is open, second, third, and periodic as necessary • The DH returns calls promptly • The DH maintains communication and responsiveness

  13. Elect a “Time Cop” The Time Cop is a key support staff member (secretary, assistant, paralegal) • Meet daily at end of day • Compare hours with activities, calls, files, etc. • Recover 10 - 15% (sometimes 25%) of billable hours

  14. Interruptions • What are the classic interruptions? • What are the costs of those interruptions? .

  15. Managing Interruptions Take Charge (you are the first line of defense) • Go public • Group interruptions • Create staff meetings • Close door • Move desk/chair • Create visual reminders

  16. Managing Interruptions Here’s a novel idea... TURN OFF THE PHONE & E-MAIL

  17. Block & Tackle Time and motion studies consistently reveal that… • Grouping “like” tasks together • Doing them together ...results in increased efficiency. What would you block out time on your calendar for? Marketing -- Production -- Hearings -- Administrative time -- Planning -- Exercise

  18. The Power Hour • First thing in the morning • Give yourself one or two hours • Power through production • Block all interruptions

  19. Case Status Organizer • File name, current status, responsible party • What is the next action? (Deadlines checked) • By whom, by when? (Delegatee checks schedule, raises red flag -- additional resources)

  20. ~ BREAK ~

  21. How Good Attorneys Become Great Rainmakers .

  22. Main Points: • Marketing is a learned behavior • It is a process to be Mastered • One size does not fit all • Attorneys can neverstop marketing!

  23. Compound Interest $360,000 Extraordinary Success Results or ROI Simple Interest $66,000 Getting By Time Investment Curve $2,000 x 30 years @ 10%

  24. Referrals and Revenues Increase Dramatically Results or ROI Time Marketing Investment Curve 3 marketing actions per week

  25. Marketing Assets& Marketing Habits

  26. Top Twenty • Contact Mgt. Software • Marketing Assistant • The Laser Talk • Marketing Stories • Professional Website • PR Campaign • Interview Process • Accountability Ptr. • Marketing Retreat • Mthly Mkting Plan • Signature Event • Client In-take Matrix • Referral Map • Aftercare Program • TOMA Tool • Tracking System • Client-Centered Office • Professional Image • Time Template • Thank You System 21 Marketing Assets

  27. Three Marketing Contacts a Week Habit • Asking for Referrals Habit • Sharpening the Saw Habit • Thank You Habit • Adding Names Habit 5 Marketing Habits

  28. Asset # 1 Top Twenty List

  29. Referral Sources 1 2 3 4 5 … 20 Top 20 21 22 23 24 25 … 100 Farm Team

  30. List out name • Category • Rapport (A-B-C ) • Potential vs. Actual • Prioritize - Days Identifying Your Top 20

  31. Prospects Top 20 The Power of Numbers You

  32. Asset # 2 Contact Management Software ( Electronic Tickler File )

  33. The Database The Database ‘Ticker File’ allows you to: Create Leveraged Marketing Activities Create and Re-enforce Rapport Track Conversations and Commitments Track Trends and Commonalties

  34. Purpose of a Tickler File Maintain up-to-date information for: • Clients • Prospective Clients • Referral Sources • Prospective Referral Sources

  35. Types of Information To Collect • Name • Title • Address • Phone - fax - cell • E-mail address • Current Status • Potential • Level of rapport • Birthday • Anniversary • Hobbies, interests • Secretary’s name • Spouse, kids names • Referred by • Referred to you • Contact notes

  36. ACT Goldmine Outlook Database Management Software • Amicus • Needles • Time Matters

  37. Asset # 3 A Marketing Assistant

  38. The Marketing Assistant A marketing assistant can be your secretary, key assistant, intern, part-time or a full-time employee (or even virtual) who will act as your co-conspirator and support your marketing efforts.

  39. The Marketing Assistant Activities for your Marketing Assistant: Schedule lunch/breakfast meetings Manage database Plan and Manage Events Manage TOMA program Assist in preparation for speaking engagements Follow-through on leads for you Prompt you into action

  40. Asset # 4 The Laser Talk

  41. The Laser Talk (Specific description of client) I work with In their desire to By means of And what is unique about my practice is. . . (Benefit or value statement) (How one delivers those benefits) (Often what you might consider a weakness)

  42. Asset # 5 Marketing Stories

  43. Storytelling Develop at least three stories about you and your practice -- make sure they contain a message that builds rapport, respect and trust

  44. Storytelling The typical story has three parts: Part 1: The context of the story contains plenty of detail to pull the listener in and set the scene. Part 2: The main characters are placed in dilemma, challenged, or conflicted. Part 3: The story is solved and a message has been delivered – best if done with humor.

  45. Asset # 6 A Professional Website

  46. Asset # 7 A Public Relations Campaign

  47. Asset # 8 The Interview Process

  48. Interviewing and Asking Questions • Simple to do • Provides feedback • Generates business

  49. Ask Questions Being sincerely interested in others creates a personal connection -- and creates more opportunities for you to build rapport and trust.