Marketing leadership

December 2, 2020 by Greentarget

Incumbent law firms have advantage in the battle for clients’ attention, but substantive content creates openings for challenger firms

Chicago, December 2, 2020 – By bringing in-person client interactions to a virtual halt, the COVID-19 pandemic has triggered a digital content explosion as law firms compete for the attention of clients and prospects. A new study of in-house counsel shows that providing substantive, actionable guidance remains the best way to rise above the noise, preserve existing client relationships, and win new ones.

These findings are detailed in the report, “How to Win and Protect Client Relationships in the Age of Remote Engagement,” released today by strategic communications firm Greentarget, legal consultancy Zeughauser Group, and B2B branding agency Right Hat. The August 2020 survey of 75 in-house lawyers, including 37 general counsel, offers important guidance for law firms anticipating an extended period of remote outreach.

The survey’s top findings include:

Stick to Substance: 53 percent of respondents say they most want communications from outside counsel that relay substantive legal or business information. And substantive legal or business information is also most likely to generate a response from in-house counsel, especially for incumbent firms. For challenger firms, content that provides actionable guidance is the best route to sparking a conversation.
Incumbent Firms Beware! 68 percent of in-house counsel say communication from existing outside counsel is of greatest value, but 31 percent say they place great value on communications from firms introduced to them by friends or colleagues. This suggests a clear opening for challenger firms with the right connections and approach.
Pick Up the Phone – to Call or Text: Amid the age of digital communication, in-house lawyers most prefer the simplicity and intimacy of a telephone call or text. Picking up the phone affords outside counsel the chance to check in on a client personally before raising an emerging business or legal issue.
Stay Relevant to Be Read or Shared: More than half of in-house lawyers surveyed are willing to give communications from existing law firms (56 percent) and unfamiliar law firms (50 percent) at least a perfunctory read for relevance. Twenty-eight percent go further, saying that they appreciate good content sent from both types of firms, and they forward these communications to peers when appropriate.
Perspective Wanted on Pressing Legal and Business Issues: 69 percent of in-house counsel say they want content on COVID-19’s impact on the economy and their businesses; nearly as many (65 percent) want content on business and legal topics not related to COVID-19. When we asked in-house counsel to name issues they’d like to hear about from firms, diversity, equity and inclusion topped the list.
Forget Zoom Cocktail Hours: Seeking to fill the vacuum created by the inability to entertain clients, some firms have gotten creative with virtual social events. But virtual entertainment has little appeal for most in-house lawyers; 51 percent of respondents say they simply are not interested, and 40 percent say that they don’t want to engage with law firms in this manner.

“Establishing authority on business issues was challenging even before COVID-19, but the pandemic has forced lawyers and law firms to accelerate their digital literacy,” said John Corey, Greentarget’s founding partner. “At a time when it’s never been easier to project a message to the masses, it is more difficult than ever to really be heard. Leading with substantive, actionable content shows both clients and prospects you have a keen understanding of their challenges – and the insights to help solve them.”

“While the tools we are using to reach clients and prospects may be changing, best practices are not. Effective marketing and business development during the pandemic are still rooted in developing strong relationships with clients – relationships predicated on helping them make good decisions in real time,” said Zeughauser Group partner Norm Rubenstein. “And it’s clear that clients want trusted advisors now more than ever.”

Added Elonide Semmes, president, Right Hat LLC, “Law firms not only need to scrutinize their communications to ensure they contain actionable guidance that is scannable and easy to understand. They need to make sure that their communications feature clear, straightforward business language and compelling design that pulls the reader right to the most important content.”

What Law Firms Should Do

The report concludes with a series of recommendations for breaking through in the age of information overload, particularly given the increased flow of digital communication clients are receiving during the pandemic.

These recommendations start by reminding outside counsel that phone calls and texts are a welcome alternative to email; that evaluating content for its relevance, urgency, novelty and utility will distinguish it from the bulk of what clients are receiving; that all communication to clients and prospects should be customized; that incumbent law firms should avoid complacency; that investing in prospects can differentiate a firm seeking to develop a new relationship, and that bigger and bolder thought leadership projects – like research reports and podcasting – can show clients that a law firm is sensitive to their preferences and priorities.

A full version of the report is available here. For more information, contact Lisa Seidenberg at lseidenberg@greentarget.com or (312) 252-4108.

About Greentarget

Greentarget is a strategic public relations firm that helps leading law firms, accounting firms, management consulting, real estate and financial services organizations create unique positions of authority through skillful participation in the conversations that matter most to their key stakeholders. With 60 professionals in Chicago, New York, Los Angeles, San Francisco and London, Greentarget combines earned media, research and market intelligence, content and publishing, digital strategy and amplification, and special situations counsel to help clients grow market share, attract leading talent and achieve a higher purpose. For more information, visit www.greentarget.com.

About Zeughauser Group

Zeughauser Group is the firm of choice for legal industry leaders seeking to increase competitive advantage and profitability, enhance market position, and strengthen organizational culture. With partners who have served as former generals counsel and as law firm chairs, managing partners, and chief marketing officers, Zeughauser Group advises clients on strategic planning and growth initiatives, including mergers and acquisitions; on best practices in marketing, branding, and business development; on client feedback programs; and on law firm management and governance, including organizational models and their assessments. For more information, visit www.consultzg.com.

About Right Hat

Right Hat is a leading B2B branding agency that helps law firms develop powerful go-to-market strategies. We are passionate about helping firms inspire buyers to want to learn more. We collaborate closely with our clients to deliver bold ideas and stunning websites, ad campaigns, thought leadership programs and business development tools. For more information, visit www.righthat.com.

October 1, 2020 by Betsy Hoag

Advising business leaders in 2020 means helping them see through the fog of a pandemic, run their businesses from afar and keep themselves safe, not to mention sane. For the marketers who support advisors, it’s critical to stay abreast of those leaders’ fears and challenges, the shifting and often distorted market dynamics they’re facing, the opportunities they’re discerning, and even their personal travails.

Enter voice of the client (VoC) research, a tool for helping professional service firms get multi-faceted understandings of clients’ needs, expectations and most importantly, their pain points.

Built through client interviews, focus groups or surveys, VoC research arms marketers with a wealth of insights. It delivers individual insights that fuel business development, organic growth and client retention. And it produces broader qualitative data the firm can use to identify market challenges and opportunities.

The pain points unearthed in VoC research also fuel stronger thought-leadership research. After discussing their own business and professional challenges, interviewees generally get more candid and insightful on industry topics and trends. The resulting insights add depth, credibility and authority to a firm’s thought leadership – and turning it into a valuable business development tool.

Voice of the Client Research: Interview Best Practices

Research into client pain points aims to first understand what keeps the client up at night and where they seek guidance. The interview findings inform how the firm serves its client’s business, but the priorities and opinions of each individual interviewee matter too. Topics, for example, could be:

Attitudes about where their business was, where it is now, and where it’s going
Constraints that prevent them from accomplishing more, personally and organizationally
What better outcomes would look like from both personal and organizational perspectives
Assessment of the most pressing and emerging business and legal risks and opportunities

For example, when a law-firm client wanted to evaluate the ways it assigned and delegated work, we conducted interviews with clients that produced blunt insights on where the firm’s approach diverged from its clients’ business objectives. The firm responded by reconfiguring the project management process and tailoring roles and responsibilities according to project scope.

While pain points are the primary focus of the interviews, the conversations often lead to insights on where the advisor or firm have fallen short. The conversations can evolve into discussions of the subtleties that advisors can’t see from the outside – how a particular business’s needs are different than others in its industry, for example.

Clients may not be expecting those discussions. But business leaders always appreciate transparency and candor. And while the conversations occasionally get awkward, pushing through the awkward moments breaks down communication barriers. Knowing their outside advisors care enough to ask makes clients eager to open up.

Picking the right interviewer

It’s important to think about who’s asking the questions. Putting interviews in the hands of a trained researcher always pays dividends; aptitude in eliciting candor, probing for fresh insights and analyzing the interview content will ensure nobody’s time feels wasted. And interviewees tend to be more candid with a third party.

At the same time, the firm has to be a collaborator – connecting the interviewee with the interviewer, introducing the project and process through an initial email or phone call. The advisor or firm rep should also thoroughly brief the interviewer on any pertinent issues. For the interviewee to feel at ease, the interviewer should understand the relationship history and any hot button issues.

The right approach for your clients – and for you

There are several options for undertaking this type of research. Selecting one approach versus another depends upon the topics and objectives at hand:

One-on-one, in-depth interviews often make the most sense for pain points research. There are situations where clients will dish frank insights if they feel they’re engaged in conversation with an audience of one and that person is a trained moderator who they can trust to report the conversation accurately – and with the right discretion.
Focus groups, online or in-person, can reveal challenges and serve as forums for testing potential solutions. In some cases, it’s preferable to have a group of peers weigh in on business pain points in an iterative discussion, particularly if a firm wants to get a sense for differing priorities among executives in different roles. The CFO and CMO may be thinking about the same problem with very different levels of urgency, for example.

Working on behalf of a financial institution, Greentarget moderated an online discussion between attorneys, claims administrators and the judiciary regarding pain points in class action settlements. Each group provided a different level of awareness about our client’s capabilities (and letting them interact with each other enhanced the discussion). Our findings gave the client a road map for determining which of their services and audiences – clients and prospects – deserved greater focus and attention.
Online surveys can also foster pain point conversations. Greentarget sees stronger data sets overall – with more decisive opinions – when we kick off a survey with a series of thoughtful questions around how respondents are feeling and where they are most desperate for guidance. In a recent survey about business operations in Latin America, we uncovered a business challenge that had not been directly addressed in messaging by any of the respondent’s outside counsel. It was easy for our law firm client to address the issue – but they didn’t know about it until we asked the right questions in the right setting.

Turning interviewees into advocates

Finally, engaging clients in one-on-one or small-group interviews, even surveys, can generate advocacy. There are a couple of important considerations for professional service providers here – and they should be considered in advance, lest an interviewee feel his or her insights were wasted or commoditized.

First, the firm should have a clear follow-up plan. Keeping in touch with the interviewees through individual outreach, even with just a summary of the interview content, can prove important in generating their long-term advocacy. Second, in cases where VoC research is part of a thought leadership initiative, the firm should have a clearly defined role for interviewees in the resulting article or report. In some cases, it may have an opportunity to quote them as experts.

Steve Jobs once urged companies to get as close as possible to customers, “So close that you can tell them what they need before they realize it themselves.” Getting to that level of intimacy takes more than treating clients to the occasional dinner – especially in the social-distancing era.

Asking the right questions, in the right moments, knowing how to process the answers and acting on the results helps a firm stay a step ahead of its clients’ needs.

July 29, 2020 by Greentarget

In the age of information overload, connecting with an audience requires knowing exactly what they want – and how to give it to them.

June 10, 2020 by Pam Munoz

The past few months have seen communications professionals reaching for their crisis manuals over and over. Yet while these manuals may serve as constructive guideposts to start, their use is limited: how many playbooks, for instance, contain guidance on “abrupt, plague-induced lockdown” or “mass anti-racism movement and worldwide protests?”

Some fundamental crisis tenants, like communicating with empathy and transparency, apply in any scenario. But if these latest crises have shown us anything it’s that there’s no one way to plan for everything. Instead, the sudden lockdown and the pressure organizations felt to respond to last week’s events underscore why today’s communicators need an improvisational mindset.

Defining an improvisational mindset

To be clear, improvisation does not mean quickly coming out with vague platitudes and hollow statements expressly designed to meet the expectation for some sort of response. Nor does it mean – in this context, at least – moving ahead heedlessly, without any thought at all.

Rather, an improvisational mindset encourages communicators to pivot fast to meet changing conditions, move the conversation forward, and back up words with action – the way a musician or comedian adapts to the scene or song at hand and acts in ways which progress it.

Frank Barrett, author of Yes to the Mess: Surprising Leadership Lessons From Jazz, summarizes the challenge well:

We live in a high-velocity world with so many cues and signals that don’t come to us with clear messages. We are always facing incomplete information, and yet we have to take action anyway. Improvisational mindset means you have to leap in and take action to say yes. If you’re just in a problem-solving mindset, your imagination is going to be shrunk. You have to have a mindset that says ‘yes’ to the possibility that something new and interesting and creative can emerge.

What’s more, we perceive improvisations as truly authentic not simply because they’re made up on the spot. But it’s precisely because the performers are so practiced and credible that they can improvise effectively.

In the corporate world, authenticity tends to stem from a company’s track record. Nike, for example, could quickly improvise an ad denouncing racism because it had “built equity with its inclusion of Colin Kaepernick in a 2018 ad campaign.” For many others, the better choice was to donate to relevant groups or outline steps to improve their own diversity.

Embracing “yes, and…”

The “yes, and” approach that drives improv is always useful, but especially in today’s increasingly unpredictable business environment. Fortunately, in the past few months we’ve seen our clients embrace this mindset. Here are a few examples.

Internal stakeholder coaching – We’re helping several clients coach their lawyers or consultants on how to leverage earned COVID-19 media coverage and content in client conversations and outreach. The thinking here is that the “last mile” of client outreach, which happens one-on-one, is most impactful – and now more than ever. They’ll have to be ready to think on their feet and lead with their humanity. If your organization’s professionals are unaccustomed to this type of touchpoint, an improvisational approach can help make them more effective in off-the-cuff situations.

Flash surveys – A few clients of ours quickly pivoted their quantitative research efforts to better understand emerging client needs and concerns. One law firm, for instance, launched a flash survey of its clients because they had been conducting a survey that felt suddenly, if temporarily, irrelevant. We moved fast to help them generate a new survey that yielded relevant results and insights. Ultimately, the flash survey findings grabbed media headlines in top tier HR trades and national business media.

Online focus groups – Similarly, we have several clients launching virtual focus groups as a way to obtain qualitative measures/feedback on various issues and offerings. These insights are critical in empathizing with particular audiences, and in avoiding tone-deaf positioning of products and services.

Agile content production – For another client, we developed a three-part podcast series about the impacts of COVID-19 on the energy industry. The process, which would typically take at least a month, was finished in about a week. Similarly, we improvised to quickly edit a survey report – originally fielded before the world was sheltering in place – so it could elucidate how the findings became even more relevant and useful in light of COVID-19.

It’s unlikely we would have conceived of these projects in typical times – but then, atypical times require atypical responses. As communicators, it’s our job to say “yes, and” to new situations and find creative ways to address them head on.

Return to COVID-19 Resources for Communicators

May 22, 2020 by Joe Eichner

Most GCs don’t find client alerts useful. Making them better may be easier than you think.

In a recent survey of GCs, we found that their preferred medium for Covid-19-related content was email – by a long shot – but only 35% found email content to be useful.

In other words, the majority of professional services firms’ client alerts, at least on Covid-related topics, aren’t up to snuff.

The good news is that in most cases, it’s not the information itself that’s letting recipients down. What’s missing, rather, is a sense of empathy for the stressed-out, inundated reader. Too often those readers get an email with a subject line that tells them nothing, containing massive blocks of jargon-filled text, loaded with background information they already know. There may be valuable insights hiding in there, but who has the time to hunt them down?

Firms can do better – with just a few tweaks. Here’s how.

1). Subject lines: just tell us what we’re going to learn. Too many subject lines tell us the subject – “New EEOC guidelines” – without any hint of what the firm has to say about them. That’s only half the battle. A good subject line describes, in a few words, the subject of the alert (e.g., new EEOC guidelines) and what the reader will get out of reading it. For instance: “New EEOC guidelines, explained” ; “New EEOC guidelines – 3 things employers need to know”; or “FAQ: New EEOC guidelines”.

2). Cut to the chase. Everyone knows Covid-19 is unprecedented. Yet alert after alert opens with a preamble reminding us of the fact. No need. You’re talking to informed professionals. Lead with a sentence telling the reader why they need to pay attention (i.e., what’s at stake) then quickly describe what you’re going to offer.

3). Understand what service your content is providing. The effective client alerts we read tend to include one or both of the following: 1) A clear, concise summary of a new legal development; or 2) Considerations, action-items, and/or insights around a certain topic. What’s key is to recognize which kind you’re writing and develop it with that in mind.

A mere summary – highlighting the key points of a complex law – might be useful if it’s easier to read than the law or regulation itself, and if it comes out before news organizations have covered it in-depth. Likewise, if you’re offering actionable insights, don’t wait until the final third to get them; hyperlink to the context and put your insights in clear, succinct bullet points.

4). Use descriptive subheads, short paragraphs, bullet points and even visuals if you can. Again, just think about how you read emails. You’re basically skimming for what might be useful, right? And what makes skimming easier? Subheads that tell you what’s in the section to follow; bullet points that have ample space between them and aren’t heavy on text; and short, concise paragraphs that aren’t filled with long names of laws/regulatory bodies that everyone knows by acronym anyway.

5). Consider employing a few reliable stock formats. I like knowing, when I get my New York Times morning briefing, that it’s going to follow a familiar format: a few summed-up stories, a recipe and little joke towards the end, and so on. I like, too, that it comes at pretty much the same time every morning. In short, I appreciate it because it tells me, via its format and style, what, where, and when I will find useful/relevant information.

Client alerts may not be so simple – it may not be possible to reliably send them out at the same time. But you can train readers on what to expect when they open one up. It will endear you to them and, as a bonus, it’ll make alerts easier to write.

Some stock formats that we’d suggest:

FAQs – Just remember that it’s better to have more questions (and shorter answers) than multi-paragraph answers to a single broad question.

Checklist – Providing a checklist of actions/factors to consider on a specific topic – that a reader could print out and keep on their desk – is the ultimate utility. Just keep it to one page.

Summary + Insight – In other words, two short sections: 1) What you need to know (i.e., brief summary of issue with hyperlink, and why it’s important – but again, keep it to a minimum); and 2) What to do about it (i.e., professional guidance). Clearly delineate them with the same subheads every time.

Panel – Why not just grab direct quotes from your subject-matter experts – (ideally) ones that sound like the way they actually speak – and toss it into a Q&A format? The alert could start with a quick summary of what’s at stake, then collect 3-5 paragraph-long quotes from different sources sharing their perspective/guidance on the topics. It’s a good way to make alerts engaging, personable and easier to write, while showcasing distinctive voices and the breadth of the firm’s intellect.

If for some reason none of those work, just remember your audience: a busy, intelligent, informed individual who doesn’t owe you any of their time and doesn’t need or want to be pandered to.

And remember that now more than ever, people do want to hear from subject-matter authorities. It’s your job (and ours) to deliver that message effectively.

Return to COVID-19 Resources for Communicators