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Presented By:
Tarunjeet Singh, Senior Attorney– Draft n Craft
Sagar Pratap Singh, Business Development – Draft n Craft
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
 Skills Of Attorney
 Performance By
Attorney
 Satisfaction of
Client
 Willingness of
Client
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Client Retention a Real Dilemma for
You..???
As a professional, do you always ask
yourself:
WHY retaining a client is TOUGH
HOW is it AFFECTING my day-to-day work
WHAT should be the RIGHT STRATEGIES
HOW to overcome this BIG CHALLENGE
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
WHO is representing me?
WHAT would I expect?
What’s there for me?
Quality
Competitive Price
Satisfaction
Attorney Client Privilege
Efficient & Proactive Services
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
9,000+ law firms in England and Wales
15% to 20% law firms in serious financial
difficulties and on the verge on
insolvency, merger or closure
Recent Mergers:
• Pinsent Masons and McGrigors
• Davies Arnold Cooper and Beachcroft
• Barlow Lyde & Gilbert and Clyde & Co
• Weightmans and Mace & Jones
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
WHAT are you going to ensure
WHEN are you going to ensure
HOW are you going to ensure
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
CUSTOMERS = CLIENTS
Customers are served by processes
85% of customer related problems are
caused by professionals/organisations work
procedure
To better serve customers, professionals/
organisations must improve their
approaches
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
- Clients seek to maximize value by:
ESTIMATING which lawyer/firm delivers the
most value
- Lawyers, on the other hand do it by:
FORMING an expectation of value and
acting upon it
EVALUATING their usage experience against
the expectations
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
1 2 3 4 5
PercentageRetainedfrom
PreviousYear
Years as a customer
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
STEP 1:
Ask
STEP 2:
Evaluate
STEP 3:
Stimulate
STEP 4:
Reward
STEP 5:
ACT
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
FIVE Client Retention Strategies:
 Segment existing clients
 Interview “must-have” clients
 Create a unique “value-add” strategy for each
client
 Communicate your value-add strategy
 Track results and monitor responses
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
 Understand & Involve the Customer
 Focus on Key Problems
 Select the Right Change Leader
 Seek Ideas from Outside the Field
and Organisation
 Do Rapid-Cycle Testing for quality
business
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Approx 84% of professionals/
organisations uses client retention
marketing strategies..
Maintain a Database
Stay in Touch
Welcome Complaints
Loyalty Programs
Do a Good Job
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Small changes do increase client
satisfaction
Satisfied clients are more likely
to show up again and continue
your services
More clients make your work
more rewarding
More admissions and fewer
dropouts improve the bottom line
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Keep measuring and
studying the results
until you reach your
objectives and improve
as much as you
DESIRE…!
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Ask
Question..
Draft n Craft Legal Outsourcing Pvt. Ltd.
Website: www.draftncraft.com
Email: info@draftncraft.com
India: +91 11 2341 4576
USA: + 1 516 515 3510
UK: + 44 20 3318 3559
Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.

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Clientretentionadilemma19junewebinarfinal 13468883786428-phpapp01-120905184107-phpapp01

  • 1. Presented By: Tarunjeet Singh, Senior Attorney– Draft n Craft Sagar Pratap Singh, Business Development – Draft n Craft Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 2.  Skills Of Attorney  Performance By Attorney  Satisfaction of Client  Willingness of Client Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 3. Client Retention a Real Dilemma for You..??? As a professional, do you always ask yourself: WHY retaining a client is TOUGH HOW is it AFFECTING my day-to-day work WHAT should be the RIGHT STRATEGIES HOW to overcome this BIG CHALLENGE Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 4. WHO is representing me? WHAT would I expect? What’s there for me? Quality Competitive Price Satisfaction Attorney Client Privilege Efficient & Proactive Services Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 5. 9,000+ law firms in England and Wales 15% to 20% law firms in serious financial difficulties and on the verge on insolvency, merger or closure Recent Mergers: • Pinsent Masons and McGrigors • Davies Arnold Cooper and Beachcroft • Barlow Lyde & Gilbert and Clyde & Co • Weightmans and Mace & Jones Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 6. WHAT are you going to ensure WHEN are you going to ensure HOW are you going to ensure Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 7. CUSTOMERS = CLIENTS Customers are served by processes 85% of customer related problems are caused by professionals/organisations work procedure To better serve customers, professionals/ organisations must improve their approaches Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 8. - Clients seek to maximize value by: ESTIMATING which lawyer/firm delivers the most value - Lawyers, on the other hand do it by: FORMING an expectation of value and acting upon it EVALUATING their usage experience against the expectations Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 9. 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 1 2 3 4 5 PercentageRetainedfrom PreviousYear Years as a customer Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 10. STEP 1: Ask STEP 2: Evaluate STEP 3: Stimulate STEP 4: Reward STEP 5: ACT Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 11. FIVE Client Retention Strategies:  Segment existing clients  Interview “must-have” clients  Create a unique “value-add” strategy for each client  Communicate your value-add strategy  Track results and monitor responses Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 12.  Understand & Involve the Customer  Focus on Key Problems  Select the Right Change Leader  Seek Ideas from Outside the Field and Organisation  Do Rapid-Cycle Testing for quality business Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 13. Approx 84% of professionals/ organisations uses client retention marketing strategies.. Maintain a Database Stay in Touch Welcome Complaints Loyalty Programs Do a Good Job Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 14. Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 15. Small changes do increase client satisfaction Satisfied clients are more likely to show up again and continue your services More clients make your work more rewarding More admissions and fewer dropouts improve the bottom line Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 16. Keep measuring and studying the results until you reach your objectives and improve as much as you DESIRE…! Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 17. Ask Question.. Draft n Craft Legal Outsourcing Pvt. Ltd. Website: www.draftncraft.com Email: info@draftncraft.com India: +91 11 2341 4576 USA: + 1 516 515 3510 UK: + 44 20 3318 3559 Copyright © 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.