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Archive for the ‘Law Firm Marketing’ Category

Around the World Speaking Tour (Gerry Riskin — Edge International)

Thursday, September 23rd, 2010

By Amazing Firms Amazing Practices, Gerry Riskin.

SEPTEMBER 2010

September 24th, 2010
ADR Institute of Canada National Conference September 23-24, 2010
Plenary Session: Optimal Marketing for ADR professionals
Workshop: Effective Marketing for ADR professionals
Calgary, Alberta

OCTOBER 2010

October 9th, 2010
Fordham Law School (for Prof Silvia Hodges)
Guest Lecture: Law firm management: Strategy
New York, New York

October 14th, 2010
(with Nicole Auerbach a— Valorem Lw Firm))
Making Alternative Fees Work in Litigation: How to Approach and Craft AFAs
Virtual Program… webinar: Find out how to incorporate AFAs for your litigation matters, and how to avoid the many pitfalls that can arise along the way in this information-packed audio conference. During this 75-minute program, our expert faculty will present best practices for approaching, crafting and implementing these highly sought-after engagements.
Information & Registration

October 22, 2010
ALPMA summit
Keynote address:  Finding Success in a Global Paradox
Sydney, Australia
Information & Registration
 
NOVEMBER 2010

November 4th, 2010
Chief Legal Officer Forum, Public Sector
Auckland, New Zealand


November 5th - 7th, 2010
Plenary Session: Future Firm Forum 2010
The Management Imperative
Tongariro Lodge at the south end of Lake Taupo, on the North Island of New Zealand
Information & Registration

November 11th - 14th, 2010
(with Edge partner, Juhi Garg
GROWTH STRATEGIES 2015
LAWASIA 2010 Conference
The session will describe how Asian law firms can prepare for a flourishing economy including strategies and processes required to fuel growth both organically and inorganically.
New Delhi, India
More Information

 

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

Welcome to Edge International, Pam Woldow !

Thursday, September 2nd, 2010

By Amazing Firms Amazing Practices, Gerry Riskin.

My Edge International partner, Jordan Furlong, has done a nice welcome piece on Pam Woldow already (at his Law 21 blog) but I thought I would echo that Edge International is so very proud and delighted to have her on board.

Also, thank you to friends who have joined us in congratulating Pam, like Valorem's awesome founder, Pat Lamb, who expressed delight in his In Search or Perfect Client Service blog post.

Those of you who know Edge International well can be assured that we are intent on growing in strength and capabilities.

Please make sure you follow Pam's new Blog, At The Intersection, for her continuing wisdom and counsel. 

Stay tuned.

 

 

 

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

Will the Legal Profession Use the World’s First Temporal Analytics Engine?

Friday, August 20th, 2010

By Amazing Firms Amazing Practices, Gerry Riskin.

I met virtually with Recorded Future this morning for a close up briefing of how their Temporal Analytics Engine might be used by law firms.  Firms who use this can better predict the needs of their own clients and prospective clients as well.   There is so much more that this technology can do if used effectively, including monitoring the industries that a firm serves now and perhaps should serve in the future.

How often does a potentially powerful competitive weapon come along for the legal profession… and, more importantly, will law firms recognize it when they see it?

 

 

 

 

 

 

 

 

 

 

 

Recorded Future, the world's first Temporal Analytics Engine, is a new predictive analysis tool that allows you to visualize the future, past or present.

Start by reading their blog post today Law Firms and Recorded Future.  Then sample their video explanation on their home page

My Prediction:  Very few law firms will do an exemplary job of exploring this technology.  Those who do will likely meet considerable resistance internally from those who are slow to trust technology and especially revolutionary technology.  I am completely OK with that. 

What excites me: is that a few law firms that see the true potential of this technology and will use it in imaginative ways.  At Edge International, our core business is helping clients who are committed to achieving competitive advantage.  You can bet we will be exploring this with our clients, and maybe some prospective ones as well.

 

Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

Bold Move by CMS Cameron McKenna: “pay what you think its worth” option

Monday, August 9th, 2010

By Amazing Firms, Amazing Practices, Gerry Riskin.

Speaking of bold, CMS Cameron McKenna has a pricing team!  (See page 14 of their brochure, The future of fees: your route map to value.)

Punchline:  CMS Cameron McKenna has 122 Equity Partners and employs over 1,000 fee earners in 10 offices.  They are big enough and influential enough to be a tipping point in their own right.  Those other law firms who ignore Alternative Fees and Value Pricing because "they just won't ever take hold" are in grave danger of playing catch up or even missing the boat altogether.  You don't need your own pricing team today but what you do need is a team within the partnership to start exploring how your firm will enter this game and when (not if).

Thank you to Gavriel Hollander at The Lawyer for the original story

 

Originally posted at Amazing Firms, Amazing Practices. Please visit http://www.gerryriskin.com/.

My colleague Ed Wesemann takes a tongue-in-cheek look at Associate Business Development

Sunday, June 6th, 2010

By Amazing Firms, Amazing Practices, Gerry Riskin.

My Edge International colleague and good friend, Ed Wesemann, has some fun providing tongue-in-cheek advice for new law firm associates on how to develop business.

Enjoy, and better yet have your associates look at this.

Originally posted at Amazing Firms, Amazing Practices. Please visit http://www.gerryriskin.com/.

Appreciation as an Action

Saturday, April 3rd, 2010

By Amazing Firms, Amazing Practices, Gerry Riskin.

 

 

Appreciation is not assumed — it has to be communicated…  if you think your clients know you appreciate them, ask your self "how would they"…  Make it explicit and you'll separate yourself from the masses !

Originally posted at Amazing Firms, Amazing Practices. Please visit http://www.gerryriskin.com/.

Driving 2010 Revenues through Rainmakers First

Sunday, February 28th, 2010

By Amazing Firms, Amazing Practices, Gerry Riskin.

I’ve witnessed first- hand increases per participant ranging from hundreds of thousands of dollars to millions of dollars.

Download this article (or read on line) with my compliments. (Click on image)

Originally posted at Amazing Firms, Amazing Practices. Please visit http://www.gerryriskin.com/.

Want to Improve Your Business development? Smell the Coffee !

Saturday, February 20th, 2010

By Amazing Firms, Amazing Practices, Gerry Riskin.

Be judged more favourably… your hot coffee makes you seem warmer and also enhances the way you perceive your prospective client.

So says that wonderful blog: Neuromarketing: Where Brain Science and Marketing Meet in a post called: Heat Up Sales – With Coffee!

After years of experience,  we tend to trust our judgment but good old research can offer a competitive advantage, if we pay attention.

Many of your competitors will either not know about this research or think its balderdash (and continue to offer those cold drinks). 

Punchline: Perhaps "Can I get you a beverage" should be replaced by: "How do you take your coffee?

What do you think?  More importantly, what will you do?

 

Originally posted at Amazing Firms, Amazing Practices. Please visit http://www.gerryriskin.com/.

Edge International Review Winter 2010

Wednesday, February 3rd, 2010

By Amazing Firms, Amazing Practices, Gerry Riskin.

We are very proud of our latest Edge International Review.    For a complete downloadable version (or just the articles you want) click on the cover or go to EdgeInternationalReview.com

If you have any questions , comments or suggestions, please shoot me a note.

(You can also check out our Edge International web site at Edge-International.com)

Originally posted at Amazing Firms, Amazing Practices. Please visit http://www.gerryriskin.com/.

Great Lakes Law Firms – Legal Market Analysis Now Available

Friday, January 15th, 2010

By Amazing Firms, Amazing Practices, Gerry Riskin.

If your firm has offices in the Great Lakes Region (or is thinking of expanding into it) there is an unprecedented and unmatched comprehensive analysis available: “2010 Legal Market Analysis Great Lakes Region”

The report contains:

  • 115 pages of detailed factual competitive intelligence
  • 126 charts, graphs and illustrations
  • 8 States and 10 Metropolitan Areas
  • Information on 215 law offices

Cities included:

  • Chicago
  • Milwaukee
  • Detroit
  • Indianapolis
  • Cincinnati
  • Minneapolis
  • Columbus
  • Buffalo
  • Cleveland
  • Pittsburgh

I think this is a fantastic deal.  If your firm tried to pull this together on your own, you’d spent months and tens of thousands worth of time doing your due diligence which would include analyzing the firms, clients and economics of the region.  I expected the price would be around $7,500 but it offered at $2,995

I was also impressed by the Guarantee of Satisfaction - if your firm is disappointed (you won't be) you can pull the trigger on the guarantee.

For many leaders, the most important and imponderable question relates to the timing of the recovery — one of the elements of this report is

  • “Prognosis for timing and extent of legal market economic recovery”

My enthusiasm for The “2010 Legal Market Analysis Great Lakes Region” is based on these simple premises:

  1. The team that created it has many decades of law firm experience
  2. The sources of data are impeccable
  3. Ed Wesemann (architect of this publication) is a truly gifted analyst and law specialist

The downloadable prospectus including full Table of Contents will give you an idea as to how well organized this work is.

At the very least, this analysis is an important reality check.  Many firms have skewed views of their own markets based on prejudices or outdated data that tends to stick in the minds of firm leaders.

Here is an excerpt from the free  downloadable prospectus showing the nature of the contents of the report:

A detailed competitive analysis for each city providing:

  • Comparative reputation within the specific legal market
  • Detailed descriptions of competitive situations
  • 2010 depth counts of lawyers in the local office and firm-wide

An accurate and up-to-date economic analysis of each metro area including:

  • Projections of the growth of key drivers that affect the legal market
  • Prognosis for timing and extent of legal market economic recovery
  • 2010 Assessment of stability of leading industries and top employers

Assessment of demographic, businesses and market data for each state and metro area including:

  • Size of legal markets
  • Business friendliness, job growth, cost of doing business and other important indicators
  • Strength, Weakness, Opportunity and Threat (SWOT) Analysis for large firm legal practice in each metro area

Download the prospectus and see for yourself.

Note:  I know the people behind this initiative very well but want to make it clear that I have absolutely no financial interest in their venture — I am posting this based on receiving a review copy. I believe this is an extraordinary offering and far more valuable than its price would reflect.




    

   
 

Originally posted at Amazing Firms, Amazing Practices. Please visit http://www.gerryriskin.com/.