Overcoming the Temptation to "Take Any Client"

Posted on November 7, 2009 by Elizabeth Ferris

This week I wrote a blog post about how the choices we make today determine our success in the future. Today I read Seth Godin’s blog , Take What You Can Get? and he eloquently reinforced this message.

Godin talks about the temptation we face to take what you “can get” when your practice is struggling or the economy is slow.

We can all relate to this temptation:

• You want to build your Collaborative Law practice and meet your monthly revenue quota; you receive a call from a prospective client who wants to “crush” their former spouse. They want you to represent them in high-conflict litigation. Do you take the case?

• Your law firm’s value proposition is to solve problems for clients who have high asset/ complex family law cases. The only clients you have been attracting recently want the cheapest divorce possible and don’t care much about the depth of your expertise. Do you take these clients?

Without question, anyone who is in business will experience these temptations. What will separate you from the pack is how you choose to respond.

In Seth Godin's blog post he  suggests the following:

"There are two things worth remembering here:

1. Like bending a sapling a hundred years before the tree is fully grown and mature, the gigs you take early will almost certainly impact the way your career looks later on. If you want to build a law practice in the music industry, you'll need to take on musicians as clients, even if the early ones can't pay enough. If you want to do work for Fortune 500 companies, you'll need to do work for Fortune 500 companies, sooner better than later.

2. The definition of "can get" is essential. Maybe it seems like this gig or that gig is the best you can get because that's all you're exposing yourself to. Almost always, the best gig I could get is shorthand for the easiest gig I could get."

You can avoid the “can get” trap by knowing what success looks like for you and exposing yourself to the people, clients and cases that will move you toward your desired results.

I would like to hear about the temptations you face in your practice and your strategies or challenges for overcoming these temptations.
 

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Growing your Practice - How to overcome the time barrier?

Posted on November 5, 2009 by Elizabeth Ferris

How do you find the time to grow a practice that is in alignment with your most important goals? 

For many lawyers and collaborative practitioners, the greatest barrier to growing their practice is not having enough time to do the marketing activities that will result in attracting new clients and referral sources. 

One solution to overcoming the “time” barrier is to get clarity on your practice goals. Once your goals are clear, the next step is to make choices everyday that move you towards achieving them.

Successful lawyers and collaborative practitioners have made a deliberate choice about their commitment to growing their practice  and it is this commitment that has provided the foundation for their accelerated growth.

Making a commitment gives you focus and direction and helps you to make choices that are in alignment with your most important goals.

Many lawyers and collaborative practitioners believe they “don’t have the time” to implement practice growth strategies such as meeting with referral sources, attending targeted networking events, writing articles, giving talks, updating their web site or participating in social media, but what is really happening is they have made a choice that something else is more important.

We have more control than we think about how much time we have, and it is how we choose to spend our time that will determine our success. 

So next time you feel you don't have the time to meet with a referral source, learn about new advances in your profession or write an article that positions you as a thought leader in your area of practice, give thought to what you are committed to and how the choices you make today will affect the results you want to achieve in the future.

Ask yourself, “What matters most to me? What would I really like to accomplish? The answer to these questions will act as a guide for helping you to make choices that are in alignment with your most important  goals.

I would like to hear how you are managing your time to grow your practice. Please share your story on what is working or what your challenges are for finding time to grow your practice.

 

 

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