In this article we will look at how to develop your substantive credentials. It is not enough these days to be smart and have an honest face. You need to have publicly available credentials so that a prospective client can trust that you will know how to handle their problem.
Bingham goes big: Combination with Dentons part of ‘national law firm’ launch
The first steps that led to the combination of Bingham Greenebaum Doll with international giant Dentons were taken in the late spring of 2018, when Bingham leaders W. Tobin McClamroch and Keith Bice fielded a proposal from a friend. In the conference room of Bingham’s Indianapolis office, Joe Andrew, Dentons global chairman and former partner at Bingham Summers Welsh & Spilman, told the partners about the need he saw for a national law firm with offices across the country. No firm currently has an office in the top 20 markets even though, he said, clients are everywhere.Read More
Young attorneys turn to personal branding, new technologies for business development
With only a few years of legal experience, how can associates convince clients to entrust them with important legal matters? What steps can young attorneys take to make a name for themselves in an increasingly competitive market? Many see personal branding as a key.Read More
Frost Brown Todd has expanded its midwestern footprint by opening an office in Ann Arbor, Michigan, its first in the state.
Billionaire investor Warren Buffett has said the main quality he looks for when considering an investment in a company is “an enduring competitive advantage.” There are a lot of elements that make up a competitive advantage. Very simply put, it’s your point of differentiation between your firm and your competitors.
Taft Stettinius & Hollister LLP on Thursday announced the completion and grand opening of its Indianapolis Taft Center, a 5,000 square foot conference and event center. The state-of-the-art space installed in the Regions Tower first floor lobby now makes Taft the largest tenant in that building.
Stephen Stitle, managing partner of the Indianapolis office of SmithAmundsen LLC, has been named chief operating officer over the entire Midwest regional law firm.
In a very crowded field for attorneys, you need to get your story out. Differentiate yourself from all the rest and choose the best media for advertising the new firm. The marketing world has changed, and smart attorneys will take advantage of all the new platforms to deliver your message.
The question of another economic recession in the United States is not if it will happen, but when. Roughly a decade since the end of the Great Recession, most economists predict the U.S. economy will take another dip some time in 2020. Businesses, including law firms, are starting to prepare.
The Indiana Supreme Court Disciplinary Commission addressed such questionable relationships in an advisory opinion that cautions Hoosier attorneys against “license rental” partnerships with out-of-state law firms or non-lawyer service groups. Through these partnerships, Hoosier attorneys lend their services to the out-of-state firm or non-lawyer group in exchange for a fee paid for limited client representation in Indiana.
Indianapolis attorney Yasmin Stump is among women lawyers who made a change to regain control over the time she spent in the workplace and become the ultimate decision maker in their careers. Stump and others chose to take a risk and open her their practices.
Just like law firms and lawyers, how hotels and restaurants treat their customers or clients is what really matters. Here are a few things to consider, taken from the hospitality industry, to keep your clients coming back and willing to pay a premium for your services.
According to a new report, only 4 percent of nearly 2,000 lawyers surveyed regularly collect formal client feedback in the form of surveys, interviews, etc., to measure client satisfaction. The dearth of law firm client satisfaction data complicates business development and referral prospects.
Among the resolutions adopted by the American Bar Association House of Delegates during its annual meeting this month was one that could significantly change the way attorneys conduct their business: Resolution 101 to amend the attorney advertising rules.
A respected attorney clearly understood that a walk to the courthouse along a busy city street was a chance to bump into other lawyers, friends, clients and prospective clients. He was not going to miss out on that opportunity by taking a shortcut.
In a legal market that continues to ask firms to do more with less, there is a bright spot expected to bring about a possible business increase in 2018: litigation.
Major Lindsey & Africa, a recruitment and consulting firm for the legal industry, has released its 2018 Industry Outlook report outlining what law firms can expect in the new year. In short, law firms will remain under increasing pressure to keep costs low and productivity high, so firms are expected to focus on core strengths and retaining key personnel.
Some experts believe the first advertising goes back some 70,000 years ago. There we find the earliest indications of human existence. Many of the etchings on caves could be construed as advertising messages. But law firm advertising still can be considered in its infancy.
Basing plans upon what you would use to measure success can be helpful. In other words, start backwards and list the two or three things that you would say describe a successful firm or a successful lawyer.
More and more, chat boxes are popping up on law firm websites. The services can lead to client connections or may simply help clients and attorneys find out what their best options may be.
Three Indiana law firms are among the 200 fastest-growing firms in the nation, according to rankings compiled by How to Manage a Small Law Firm. The Florida-based organization’s president says firms making big gains are marked by a sense of community and a commitment to serving the greater good.
In today’s legal market, most attorneys understand that social media is the name of the legal marketing game.