By
Terrie S. Wheeler
Bench
and Bar
No one
needs to tell you that the business of practicing law has
changed dramatically over the past ten years. Among
the most notable of changes is the fact that today, many successful
businesses are owned and operated by women. So, do law
firms really need a different approach when targeting women
business owners? Some might say, marketing is marketing,
right?
Not really. In order for a law firm or solo practitioner
to successfully attract women business owners as clients,
a number of considerations must be addressed.
First,
consider your firm's ration of female to male lawyers.
How many of your partners and associates are women?
Is there an attitude of mutual respect, cooperation and support
between male and female attorneys in your firm? Most
women business owners want to know that the law firms they
do business with are supportive of the women professionals
they employ. Many women business owners simply will
not do business with law firms that don't support and promote
their own women attorneys.
Second,
marketing legal services should be a gender-neutral process.
However, when your target audience is women business owners,
you will be more successful if you make an effort to position
your firm to attract and retain women business owners as clients.
Following are 20 ideas you may want to consider:
- Host a substantive business seminar targeting
women business owners and professionals, highlighting the
unique skills and abilities of the women lawyers at your
firm
- Purchase a current list of women-owned businesses.
National data management companies such as Dun & Bradstreet
Information Services will help you focus your search by
industry, revenue, geographic location or other marketing-specific
variables
- Form a practice group to meet the needs of
women business owners, staffing that group with interested
lawyers, male and female
- Promote the accomplishments and legal successes
of the women attorneys at your firm internally, and externally
through the media
- Always be aware of gender when "staffing"
in-house seminars and other public or firm events.
Never allow your firm to portray a "men only," or "boys'
club" image. If a woman business owners attends a
firm seminar where all of the speakers are men, you can
bet she will not send her legal business to your firm.
- Ask a select group of women business clients
at your firm to serve as panelists at an all-attorney presentation
on successfully marketing to women business owners.
The panel could address what they do and don't like about
working with lawyers and law firms. The seminar could
certainly heighten attorneys' awareness of the perceptions of women business owners and would strengthen the bond
between law firm and client.
- Sponsor market research designed to gather
and assess the perceptions of women business owners on competing,
marketing, and profiting as a business owner. Focus
on what they do and don't like about working with professional
services firms in the banking, accounting and legal industries.
You may even want to cosponsor the research with one of
your firm's accounting referral sources. Present the
findings of the market research to all attorneys in your
firm. Remember that to effectively marketing to any
industry or niche group, you must first know what its unique
legal needs are.
- Send notes of congratulations when you see
your women business clients or prospective clients in the
media or gaining other public recognition
- Become
active in national organizations that support the efforts
of women business owners, such as the National Association
of Women Business Owners (NAWBO). Seek to become an
active, high profile member of such groups.
- Nominate your women business owner clients
for various trade and professional association or Chamber
of Commerce awards honoring new business owners, women in
business, quality of life awards, or any other area you
feel would be appropriate
- Consider
approaching a local business publication about their possible
interest in a column which would answer some of the most
commonly asked legal questions faced by women-owned businesses;
- Fund
educational and community programs designed specifically
to benefit women business owners;
- Advertise
your firm's capabilities to represent the interests of women
business owners, concentrating on publications read by your
target audience.You may have to do a little research and
ask women business owners which publications they read regularly,
then make an advertising commitment to those publications;
- Have the attorneys representing women business
owners speak at internal attorney meetings to convey your
firm's unique abilities and experience in this area, that
is, cross-marketing the group to other lawyers and practice
areas in your firm; keep in mind that your ultimate goal
is to become known as one of the best law firms or lawyers
to represent the interests of women business owners.
Your firm brochure, Internet website, and other external
communications must reflect your focus in this area.
You may even wish to develop a short brochure on your firm's
unique abilities to serve the needs of women business owners.
- Develop a newsletter highlighting some of
the common legal issues (corporate/transactional and litigation)
faced by women business owners
- Do business with your women business owner
clients. You've heard it before: it's good business
to do business with clients.
- Create
an "official" plan to market the services of your firm to
women business owners. In its most basic form, your
plan will answer and elaborate upon three questions:
- Where
are we now? (situation analysis)
- Where
do we want to be? (setting goals and objectives)
- How
will we get there? (tactics, timeline, budget, personal
accountabilities)
- Do your homework. If your firm is meeting
with a prospective client who is a woman business owner,
conduct an online search to gather timely information on
the legal and business issues facing the prospective client's
business or industry.
- Look for ways to collaborate with your women
business owner clients, such as jointly sponsoring a seminar
or coauthoring an article for a legal or business journal
The most important
ingredient in the success of this or any marketing effort
is to be diligent and persistent in your pursuit of results.
Know that it will take time to secure a long list of women
business owners as clients, and that referrals by your satisfied
clients will most likely remain your best source of attracting
new business.
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