The 3rd component of law firm marketing machine is ‘Networking’. This gets into the sort of trust part of business. it’s not necessary being friends but just having someone you can trust. You want to see the success of your network as well. They get to know about you, your family, your dreams, your goals and people can’t help but want to be a part of that success. That’s what network can get you.
Keane Ng, who is a very good mortgage broker and also a greatness tracker subscriber, networking has come out in one of his trainings before. If it comes to networking, it’s really easy to get trapped. If you constantly go to coffees and lunches and make calls, reach out and do things then it can become a job in itself. There is a fine line between networking and becoming a slave to the network.
Networking is definitely a component and it can get your business up from the beginning. It can work, you should utilize it. you should just be careful about putting all your eggs into one basket even in the networking basket.
The ‘Greatness Tracker’ is a system that truly makes networking truly simple. it gives you a list of what you should do. If you just do them then you win. Those things though are 15 face to face meetings a week. 5 break bread meetings a week which is like coffee, lunches. 60 great phone calls which can be with potential clients, current clients, referral partners, business associates, anything where you talk about business and further your relationship. Two events and ten thank you cards. It is a lot of work. Takes a lot of time, a lot of commitment and there’s a lot of fury to get over from calling people.
A revised system can be used instead of the very time consuming Greatness Tracker system. The numbers are cut in half. Instead of doing 15, do 8. Instead of doing 5 break breads, do 2 or 3. Instead of 60 phone calls, do 30, instead of doing 10 thank you cards, do 5. Instead of doing 2 events, do 1 event. Your goal is to get 20 new leads per week and do 6 deals per week. That’s how it works.
Networking is important. How do you find people to call? Just cold call some people if you want. Think about people who have a symbiotic relationship between you and your clients and just start calling them. Attorneys are terrible networkers so there’s a great opportunity to create relationship with people. Networking can get your name out there.
You can listen to a podcast called James Altucher show episode 237 Scot Cohen, the title of the show is ‘The Best Networker in the World’ as a reference. It’s about a guy who started working in a stock trading company where he needs to sell stuff. He was known to be ‘the guy’ when it comes to this international fund. All he did was call. That’s what you need to do. Tell everyone. You need to be known as the estate planning attorney. Just keep calling, keep showing up and keep having conversations.
Just know that this is a long term game and you have to stick with it to see the fruits of your labor in big, big ways.
Links Mentioned in the Show
Building a Law Firm Website
Free Starting a Law Firm Training
Christopher's Instagram Account
Free Building a Law Firm Facebook Group
James Altucher Show 237: Scot Cohen - The Best Networker On The Planet. PERIOD.
Keane Ng: Best Mortgage Broker Ever.
Christopher Small knows how to start and build successful law firms. He is the owner of CMS Law Firm, a Bellevue estate planning firm, and Building a Law Firm, a site dedicated to teaching lawyers law firm marketing.