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Marketing
the Law Firm:
Business Development Techniques
By Sally J. Schmidt
Law Journal Press, NY, 2004
Hardcover binder, approx. 650 pages, $195
Reviewed by Dennis Anderson
Sally
Schmidt wrote Marketing the Law Firm with three goals in mind, the
first two of which are the following:
First...to clarify the
marketing function in the legal environment. Much of what I have read
and seen about law firm marketing offers insights in bits and pieces:
how to produce a newsletter; how to train the lawyers; how to survey
clients. Thus, one of my major goals was to provide a framework for
marketing decision-making in the law firm.
Second...to provide enough
information about the tools, technique, strategies and procedures...that
the law firm seeking to implement them would be adequately informed. So
beyond theory and framework I have tried to present a comprehensive
discussion of myriad possible activities – from networks to
compensation strategies, from brochures to marketing databases – to
help the reader get things done and, just as importantly, to measure
whether the marketing effort is working.
In striving to accomplish the
first goal, although it is a difficult one, Schmidt succeeds admirably.
Over the course of 14 chapters she covers almost every conceivable topic
in the realm of marketing and places each topic in its appropriate context,
primarily for medium-size and large corporate firms – although she does
include a subchapter (13A) titled "Marketing the Small Firm."
The book serves as a primer for inexperienced law marketers, and an
encyclopedic reference for veteran law marketers who need to brush up on a
narrow topic. So Marketing the Law Firm does provide an elementary
framework for decision-making, upon which each marketer should build and
improve.
In the first chapter, Schmidt
organizes the law marketing universe into five "steps":
-
Research, the process of
gathering information – about clients, prospects, the marketplace,
etc. – needed to plan for the future
-
Segmentation.
"Too many law firms try to be all things to all people, to provide
any kind of service to any kind of client." Such firms "will
be perceived as not having exceptional capabilities in any area."
-
Positioning,
i.e., "the process if finding a distinctive quality about the firm to
promote in the minds of consumers" or in its target market.
-
Implementation
of "the strategies and activities which law firms may adopt to meet
their marketing objectives," both internally and externally.
-
Measurement
and control, which involves setting "benchmarks by which progress
can be measured," and by which "to gauge an activity's
effectiveness or success."
Building a solid framework
for decision-making requires that you cover a very broad range of
marketing tools and techniques fairly superficially, so you have enough
information about them to make wise decisions, but not so much that you
get hopelessly mired in them. That's exactly what Schmidt has provided.
In other words, I'm saying that covering all those tools and techniques
superficially is the appropriate way to create a framework for
decision-making.
If the author were to
"present a comprehensive discussion" about each and every
marketing tool, so that you could actually implement them, "get
things done," and measure their effectiveness, her book would
become bloated, impossible to publish in a single volume. So I'm afraid
Schmidt's two goals are mutually exclusive, and she has necessarily fallen short in
accomplishing the second.
Inadequacies
In a work of such breadth by a single author, there are bound to be
some areas that are covered inadequately – after all, no individual can
be an expert on every law marketing topic. Schmidt covers the following
three vital topics inadequately:
-
Strategic
differentiation, a topic popularized recently by Ross Fishman
-
Industry groups
(separate from practice groups), a topic popularized recently by
Larry Bodine
-
Referral networking, a
topic not yet covered adequately by anyone for the legal
profession
It's useful to compare
Schmidt's book to the other encyclopedic reference in the law marketing
field, Phyllis Weiss Haserot's The
Rainmaking Machine. Both are comprehensive. In my opinion, Schmidt's book is easier
to use as a reference because of its compact format and unified index.
Haserot's work comprises several volumes (about 1,400 pages in total for
the price of $147) and two separate indexes. Also,
Haserot's book, the first volume of which was published in 1989, has never been updated. Schmidt
provides semi-annual updates, although it's not clear how the book
purchaser might obtain future updates.
About the author
Sally J. Schmidt is president of Schmidt Marketing, Inc., in
Burnsville, Minnesota. Her firm serves law firms throughout the USA,
Canada, New Zealand, Mexico, and Australia. Schmidt was the first
president of the Legal Marketing Association. She also has taught
marketing courses at the University of Minnesota, where she earned her
MBA in marketing. Website: www.schmidt-marketing.com.
About the reviewer
Dennis Anderson is a creative consultant who helps professionals
develop books, seminars, and multi-media presentations. He is based in
Highland Park, IL. Contact:
dennybravo@yahoo.com. |
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