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Presented by Matthew Brannelly
Current Environment
• Property market/conveyancing – 1980 levels
• SME’s – inactive
• Changing staff expectations – work/life Gen X and Y
• Higher consumer expectations
7 Habits of Success
1. Belief (be proactive)
2. Self Confidence (begin with end in mind)
3. Empathy (think win win)
4. Communication (understand then be
understood)
5. Team Player (synergise)
6. Rejuvenates (sharpen the saw)
7. Execution (first things first, implement,
follow through)
Practice Building
Challenges
Areas most legal practitioners
challenge to master as they
transform their business to
meet the demands of today’s
marketplace.
Why are we here?
• Break out of sea of sameness
• Not reaching full potential
• To break into new markets
• Learn from the success of others (The 7 Habits)
• Increase productivity and profitability
• Grow your practice
Today we show
you how to use the
7 Habits to grow
your practice.
7.
6.
Practice Growth Program

5.

The 7
Steps

4.
3.
2.
1.

Your Value
Proposition

Understanding
Your Ideal Client

Become an Expert

C.O.I’s & Strategic
Alliances

Find the Diamonds

Branding &
Your Message

Accountability
1

YOUR IDEAL
CLIENT
High
Value
Client

=

Your
Ideal
Client
1

Your Ideal Client

• Optimal value
• Your service offer (value proposition)
aligns to clients needs and wants
• You enjoy working with them
• They can afford your service
Marketing is the process used to
introduce you to prospects in your
Ideal Client Universe …
1

Your Ideal Client

• Now versus the future
• Clarify – target / align services
• What do your ideal clients want or need
• Segregate clients and focus on the high value
clients – target prospects from the same profile
• Find diamonds in client base – low hanging fruit
2

YOUR VALUE
PROPOSITION
2

Your Value Proposition

Concept
• Clear statement of the tangible experience a client gets
from using your services
• Allows your business to clearly enunciate what you do
for your clients
• Defines what value a client will receive
• What is it you provide a client that sets you apart
• Defines what’s special about what you do
The Right Direction
2

Your Value Proposition

How to Create
We are in the business of …
 
Our service provides …
 
Unlike … other  practices,
 
who provide … a range of services…
 
Our insights … are used to create and implement…
2

Your Value
Proposition

• Create your 1 minute elevator pitch … what  is 
special about what you do!
3

BRANDING &
YOUR MESSAGE
3

Branding Strategy

• Branding Objectives
Credibility
expertise
Differentiation your service offering
Positioning
value proposition
message
• Marketing collateral must be consistent 
and on message
Branding Strategy
Before

After
Branding Strategy
Before

After
3

Branding Strategy

Research done by Executive research Consulting 2010

If you are recognised as a brand leader by your target 
audience, you are able to charge higher fees.
No Brand Leadership*

With Brand Leadership*
3

Branding Strategy

• Firms recognised by target audience achieve higher 
fees/revenues/profits
• You do not need to be big (M.R / S.G) and be all things 
to all people
• But you do need a recognisable brand, where people 
know that you are the go-to people for …
Build your brand and you’ll build your business.
4

FIND THE
DIAMONDS
4

Find the Diamonds
• Optimise value from client base
• Cross selling opportunities – other products or 
services (e.g. of a C.O.I or S.A)
• Implement program to communicate offers to all  
client categories A to C 
4

Effective Communication
• Show you care
• Be personal
• Remember the family or business relationships
 
• Systemise
 
• Remain top of mind and relevant
4

Relationship Management

• Goal – create and maintain relationships,
Clients and Advocates – COI’S
• Client segmentation
  
• Defined service levels and systemise
  
• Communication and Contact program-lifetime 
value of a client.
4

Relationship Management

Importance
• Your highest value activity?
• Developing relationships
• Relationships = Advocates
• Roles – Business Builder and Lawyer - the balance
5

CENTRES OF
INFLUENCES
AND STRATEGIC
ALLIANCES
5

Referrals

Highest value
prospects.
5

Referrals

Your current ideal
clients and COI’S will
lead you to others.
5

Centres of Influence

C.O.I refers
ideal clients to you.
Create Pipeline
5

Centres of Influence

Identify who are your
ideal C.O.I’s
(Financial Planners,
Accountants, R.E. Agents).
5

Centres of Influence

What are their
drivers?
5

Centres of Influence

Give more than
you receive.
What’s in it for them?
5

Strategic Alliances

• Research the industry
• Understand their
business and needs
• How can you help them
• Prove your expertise
5

Strategic Alliances

• Show how you can assist them
• Joint marketing initiatives
• Become part of the family – build a
relationship
6

BECOME AN
EXPERT
6

Become An Expert

• QLS Accreditation
• Create credibility with prospects, C.O.I, S.A
• Research
• Meet people active in the industry/sector
• Ask questions about concerns, needs,
costs and benefits
6

Become An Expert

• Write white papers
• Supply articles to industry publications
• Get testimonials
• Publish / promote in corporate material – newsletter,
websites etc.
7

ACCOUNTABILITY
7

Monitor Results / Accountability
• Philosophy and systems
• Each role – job description,
goals, K.P.I’s and reward
• Execution Bond
HOW…

MARKETING
OPTIONS
Which ones are right for you?
Having selected
your ideal client and
business goals, you can
then decide on the most
appropriate marketing
strategy for both clients
and prospects… to help
you build more and
better relationships.
Your Priority Matrix
Pipeline of
Prospects

PIPELINE OF PROSPECTS…

Profile Building - C.O.I
Existing Clients - Referrals
Your Service Selling Process Must
• Improve the Relationship
• Complete your logistics and paperwork
• Deliver a memorable experience
• Meet process standards
Personal Level
• Top of mind
• Builds a brick wall
• Stronger relationship

Professional Level
• Referrals
• Loyalty
• Additional income

BEFORE
DURING
AFTER

YOUR CLIENT BASE
FOREVER AFTER
NOW…

PRODUCTIVITY
CHECK-UP
Practice v Business
To be an effective business builder/leader:
•
•
•
•

Do more of …
Do less of …
Stop doing …
Start doing …
Commit and take Action!
Focus on what you do well
Successful businesses grow
by improving upon what they
do well – not just by correcting
weaknesses.
Momentum
The 7 Habits of Success
7 habits lawyer_north qld 201

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Editor's Notes

  1. Insert sample value proposition development (attached to email 28/06/10 8.02am)
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