Yesterday’s Boston Globe Online (maybe offline too……I didn’t see it) carried an article entitled “Law firms learn how to compete: Rivalry forces attorneys to act like a business, seeking data on other firms and their clients.”
The article, by Sacha Pfeiffer, talks about how
“It used to be that in-house counsel would pick up the phone and call a friend, and that’s how work came in,” said Jasmine Trillos-Decarie, who is also director of marketing for the law firm Goodwin Procter LLP, which has offices in Boston, Los Angeles, New York, San Francisco, and Washington, D.C . “Or you always worked with one company, so you always got that work. But the nature of the business has changed dramatically, and we’re being expected to compete more. . . . Competitive intelligence analysis can help us understand how to do that.”
My favorite quote in the article:
`To a client, one big law firm looks much the same as every other — all our websites look the same and all our brochures look the same — so we’re all struggling with how to differentiate ourselves in the marketplace,” Smith said. “Competitive intelligence has to do with being smarter about where you look for business and how you go about doing that. And as marketers and business development people in law firms, that’s really our goal: to help our lawyers do just that.”
The quote is from Brian T. Smith, director of marketing for the law firm Day, Berry & Howard LLP.
It’s a different approach. Rather than trying to appear distinct so more clients come to them, firms are actively going to clients. And before going to the client, they’re doing their homework.
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