Do you have a law firm marketing plan?
If you’re reading this, you probably don’t. In fact, most marketing managers of law firms we talk to operate on a tactical level and usually give us a blank stare when we ask them about their law firm marketing strategy. And, as Sun Tzu said in The Art of War, “Strategy without tactics is the slowest route to victory, tactics without strategy is the noise before defeat.”
The right marketing strategy is critical in generating new clients and, therefore, increasing revenue for any law practice.
You always develop a strategy before you go into a courtroom to fight for a client, don't you? So, why overlook marketing planning?
One of the most common and expensive mistakes many law firms make is treating their firm as just a law practice and not a business. A practice typically amounts to a job for the owner, with a few support staff people. It is not worth much without a lawyer, and it can’t be sold for much when he/she decides to retire. Therefore, implementing an effective law firm advertising strategy is key to increasing a law firm’s income.
Consider this fact: the median income for attorneys in the US is $120,900, that’s after going through really tough law school and working for many years. Yet, the top law firms make $500,000+.
What’s the difference? It is certainly not because the former have invested less money in their education or less effort in their careers. The difference is having a high-performance marketing system in place, the foundation of which is a solid strategy with achievable marketing law firm goals.
A law firm’s marketing is the only business aspect that truly attracts prospective clients, which makes it the #1 factor shaping most law firms’ income and business value.
Having said this, we understand developing law firm marketing strategies is a headache, and if you don’t know how to approach it, it could turn into a total waste of time. This is why we’ve created a simple framework to make things easier.
Law firm marketing strategies can be incredibly complex, but it is the simple ones that are usually successfully implemented. So, we’ve created a very easy-to-follow process for implementing active marketing activities for your law firm.
Whether you decide to do this in-house or are working with a digital marketing agency for attorneys, following these 7 guidelines will result in a 1-2 page law firm marketing strategy uniquely tailored to your law firm’s brand.
In most cases, the goals of law firms we talk to relate to growth: they want a higher client intake and higher revenue. But that’s not enough! You should measure this business development goal financially and attach a time frame to it. This makes it a SMART one: Specific, Measurable, Achievable, Relevant, and Time-based.
For example, instead of saying you want more money, say you want your gross revenue to increase by $500 000 within the next 12 months.
A successful law firm marketing strategy should always lead to setting and achieving a “SMART” goal, whether it’s to do with your overall legal services strategy, an email marketing campaign, or developing a new mobile-friendly law firm website.
Setting up your goals with the help of a law firm marketing agency helps identify the crucial factors that predict whether you will actually be able to accomplish your law firm advertising strategy.
You must’ve heard the SMART goals acronym a hundred times:
A good example of a SMART goal is “Increase revenue by 50% by December 31, 2019”. In order to come up with such a goal, you should think about how much you’re making now and what you’d like to be making, what is your average revenue per client, how many more clients your firm can handle, etc.
While you should consider the number of clients you can handle and your average income per client, your ultimate growth goal should be expressed in revenue growth. Think about how much you’re making now and how much you’d like to make, and what is the realistic growth you can achieve within a year, for example.
Setting revenue-based goals can help you estimate what your marketing budget should be and what marketing ROI for lawyers you should expect. This is important because if you don’t have your revenue goal, you can easily choose a marketing company that gives you a lower price without realizing that this lower price really means worse results and lower return on investment, and a lot of missed opportunities.
First, think of whom, exactly, your types of clients are. Based on that answer, you can then start to hone your legal marketing strategies to target more clients that fit your ideal profile. Even if you think you know who you want to serve and who they are, sit down and put it in writing. Here are some questions to ask yourself to get a better grip on your “buyer’s persona” — which is what we call ideal clients in marketing:
Understanding your audience is crucial to reaching the people you want as clients.
Ideally, you wouldn’t have to find them: you would make sure they find you when they need you. A marketing strategy for a legal website should include tools specially tailored to attract your potential clients.
Either way, the answer to this question should be a list of marketing channels to focus on. While traditional marketing for lawyers still works to a limited extent, we recommend investing most of your law firm budget and efforts in online marketing (according to Clio’s 2018 Legal Trends report, a combined 78% of consumers look for lawyers online). It is more effective and makes it easy for you to see the specific results of your investment.
If you practice law where you serve consumers directly, like criminal defense, personal injury, estate law, and others, make sure you put Google and YouTube on that list of marketing channels. Search engine results pages are where most of your clients go to look for answers to their questions and to choose an attorney to work with.
Developing the right law firm marketing campaigns for your law firm also depends on your context and expertise. Now that you know your audience, and you’ve defined what will attract them, you should focus on crafting your message. The best way to go about it is by answering the questions you get asked most often by prospective clients. You’re probably answering them over the phone, by email, and even at dinner parties.
Don’t overlook questions and their answers, which may seem simple and obvious to you. Your clients don’t have your expertise. Law firm websites should answer frequently asked questions related to their practice area on their sites.
Using local keyword data to answer legal questions your ideal clients frequently search for online will make your website rank higher in Google searches. Additionally, it boosts your internal linking structure, which also helps improve your ranking on search engine results pages. Every bit of effort helps, considering Google uses over 200 ranking factors.
Next, think about the process your potential clients go through before they reach out to your business online. When a potential client visits your law firm’s website, they want to know that you have solved similar problems to the one they’re having. They may be intimidated by the process of hiring a lawyer (it is expensive, after all). They don’t know how to choose the best lawyer (hopefully, they choose you over your competitors).
When you know what information they need, you can make sure to provide it on a high-performance website and through your content marketing strategy. As long as you answer your prospects’ questions and calm their fears, you’ll be able to turn more of them into clients.
Budgeting for marketing can be difficult for law firms, as there is no clear guidance most of the time. Here is what’s important for you to know before you decide on a marketing budget:
Cheap lawyer marketing strategies are always expensive. It may be tempting to hire a cheap law firm marketing agency ($500 -$1,500 per month), but not only will you waste money (an agency cannot deliver many services for this little money), you’ll also lose opportunities.
That’s right, your competitors, who have hired proficient marketing companies, will attract and get the clients you wanted because they’re using effective marketing tactics. And, considering the compound effect of having this happen month after month, this can be incredibly expensive.
On the other hand, a top digital marketing company for lawyers may seem expensive to you. Still, it is usually worthwhile because it generates a strong return on investment.
So, hire a proficient legal marketing agency, and invest a reasonable amount to achieve your growth goal; typically, 7 to 11% of your revenue.
The best marketing strategies for law firms allocate a portion of their marketing budget toward client retention.This is what will get you recommendations and repeat business from past clients who have already used your service. It is essentially picking the low-hanging fruit.
Speaking of a marketing agency that offers lower costs: here is what you should focus on when you choose an agency to work with:
When an agency explains what they are going to do for you, the questions to ask are “How many new leads would this generate?” and “How much would we be spending per lead?”
Several good leads at a reasonable cost per lead is the desired outcome of the marketing spend, not the money saved on marketing.
Let’s look at an example to illustrate how the cost-per-lead metric can help you choose the agency to work with. If agency A tells you they charge $5000 per month and agency B tells you they charge $3000 per month for absolutely the same type of services, agency B seems like the obvious choice. However, ask them about how many leads you can expect (and they should know and be willing to share that information — if they’re not, that’s a big red flag) and the numbers may look different.
If agency A brings in about 100 leads per month, and agency B brings in 30 leads per month, that’s a cost of $50 per lead against a cost of $100 per lead. Now, what’s the obvious choice?
Planning is a great thing, but a lawyer marketing plan must be acted on to achieve results. Go through all the steps we’ve discussed and write down what you need to do and in what order you need to do it so that you start seeing results.
For example, you probably need to schedule a meeting with your partners to decide on your specific digital marketing strategy goals, as well as your marketing budget. You may also have to do some brainstorming to understand who your ideal clients are, write down what legal problems keep them awake at night, and then answer those questions.
Of course, the best thing to do is to hire an experienced digital marketing agency for lawyers, especially if you’re working in a high competition area like Chicago, where the wrong marketing decisions will really cost you. Don’t forget that you never stop marketing your legal services. You just update the tactics, speaking of which…
Marketing is not a set-it-and-forget-it kind of deal. To see the results you want, you need to look at how your law firm marketing campaigns perform and adjust as needed.
If you are working with a digital marketing agency for lawyers, they should explain how they do this. If they can’t, or won’t, it’s best not to hire them or to end your contract with them ASAP.
A reputable law firm marketing company will be able to showcase how their law firm marketing services will improve your business, as well as provide market research and online marketing reports to track your law firm’s progress.
Here are just a few reasons why constant monitoring and adjustment of your law firm marketing plan is necessary:
So, all you have to do now is follow the 7 tips above. To make your life easier, we have provided a Successful Law Firm Marketing Strategy template you can use to speed up the process.
If you decide to hire a digital marketing agency to do this for you, it’s important to know how to choose the right one and what exactly they should be doing, or you may end up wasting time, money, and opportunities.
Comrade is a law firm marketing company that specializes in website design and marketing for attorneys and law firms. Over the years, we’ve developed some of the best marketing strategies for law firms.
From social media marketing to law firm SEO and Google Ads, our comprehensive marketing initiatives guarantee new clients and increased revenue. Read more about our content marketing service for law firms.
While many clients rely on recommendations from people they trust, most begin searching for legal services online. Therefore, investing in digital marketing is paramount to improving your firm's online presence, making it easier for clients to find and hire you.
It's typical for law firms to spend between 5% to 12% of their gross revenue on digital marketing, although this varies greatly by area of practice and how established your firm is. New firms or those who don't yet have a strong online presence usually spend more to gain their share of the online market.
A genuine passion for helping clients and a desire to win and grow combined with a digital marketing plan that increases client acquisition and boosts revenue is key to having a successful law firm.
Marketing your brand to prospective clients who are most likely to purchase your legal services is the first step in building your brand's recognition. To convince them to hire you instead of your competitors, your marketing must provide the information and resources they need.
We help law firms nationwide. No matter where you're located in the United States, our team is here to help your law firm set a new benchmark for success with our custom digital marketing services.
Do you want a marketing plan that fits your individual needs? Let us craft a strategy that drives results to your company based on your objectives.
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