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16 September 2010 / Mike Jones
Issue: 7433 / Categories: Features , Profession , Marketing
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Improving performance

Activity, ability & focus: Mike Jones discusses the key steps to increasing market share

Lawyers do not like the term “sales”. In recent years they have accommodated—in some cases embraced—business development and marketing. But, please, don’t mention the “s” word. This prejudice towards sales has meant that firms and individuals have been slow to grasp the concept of sales, sales performance, and sales management. As a result much of the “prep” work done via business development and marketing is wasted.

A different art

Selling is not marketing. It is not “business development” either—this label simply adds to the confusion. The role of marketing in law firms is to create goodwill. The role of selling is to convert that goodwill into fees. The term “business development” is often used to avoid the dreaded “s” word, however it is also used to describe the entire sales and marketing continuum, and therein lies the confusion. This lack of clear definition leads to misunderstandings and misplaced strategies.

Most law firms focus time and money on just one

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NEWS
The Financial Reporting Council’s revised Audit Enforcement Procedure will alter the balance of power in corporate investigations
A telecoms operator may be able to hold over under the Landlord and Tenant Act 1954, yet still be unable to secure a renewal: an outcome described as a legal ‘paradox’

Safety fears do not automatically justify shutting an interested person out of a statutory will application

Consumer credit law is heading for its biggest shake-up in 50 years, with the Consumer Credit Act 1974 set to yield much of its detailed statutory machinery to FCA rules
The Supreme Court has settled a long-running dispute over part-time workers: unfavourable treatment need be a significant or effective cause, not the sole cause
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