LinkedIn: Lawyers and law firms can use social networks to develop new business

Although the number of lawyers on LinkedIn is steadily increasing, very few of them are taking full advantage of the site's potential as an inexpensive thought-leadership and business development tool.  This article is a synopsis of a presentation on LinkedIn and other social networks made by John Reed of Jaffe Associates and Laura Hazen of Ireland Stapleton Pryor & Pasco.

LinkedIn:  Lawyers and law firms can use social networks to develop new business

Any place. Any Time. Any size. Any age.

When lawyers and other professional services providers are asked  to develop more business, they often respond with a list of obstacles.

I'm in the wrong place.  I don't have enough time.  My firm is too small to compete.  I'm too young/old to be taken seriously.

Social media tools help you demolish these obstacles and move ahead.

In social media, place is no longer an obstacle.  The Internet operates around the world -- so your content can end up anywhere.  Let's say you are a lawyer in Denver.  Not so long ago, your article might appear in one print issue of The Denver Business Journal or your speech take place one time before a local business group.  Today, using social media, your article or a podcast of your speech can be accessed by interested parties anywhere around the world -- spreading your reputation far beyong the boundaries of your geographic location.  Plus, you can contribute and search content as easily from your home office or on the road as you can from the 45th floor.

In social media, time is no longer an obstacle.  The Internet operates 24/7, so you can contribute or search for useful content around the clock, in any time zone, any day of the week.   When you leave the office at the end of the day, on weekends or for a vacation, your online reputation is still on the job -- working hard to win new clients.  With an investment of little time you can use the Internet to achieve expansive results.  It takes much less time to write a blog post or a Twitter update, after all,  than it takes to research and write a legal article.

In social media, size is no longer an obstacle.  On the Internet, no one can tell how big you are.  A savvy solo or a small firm can easily build an "online reputation" that rivals the reputations of much larger competitors -- at very little cost.  Tom Goldstein -- as a solo -- created SCOTUSblog and used it to build his reputation as an appellate attorney.  A decade later, he is head of the Supreme Court practice at Akin Gump.  One lawyer I interviewed went from anonymous third-year associate to national expert the field of Canadian timber law -- in just one year of blogging.

Finally, in social media, age is no longer an obstacle.  Not so long ago, young professionals were expected to stay in the office and leave business development to the partners.  Today, now that place is no longer an obstacle, a young professional can jumpstart his or her career by using social media (from the office or from home) to build an online reputation.  On the flip side of that equation, an older professional who understands how to use social media for business development can easily appear "ageless" and intellectually vigorous on the Internet.

Use social media to overcome the business development obstacles of place, time, size and age.

Constant Content: Set in Style interview

Thanks to Mister Thorne of the Set in Style blog, who posted a nice interview regarding my practice.  Questions and answers include:

What does a ghostwriter do?

What are the ethics of ghostwriting for lawyers?

How do you "bridge the gap" between lawyers and readers?

How can attorneys get articles published?

What is it like to work with lawyers and law firms?

How does your journalism and teaching background affect your work?

What is an attorney's "on-line reputation"?

How important is design?

What are the elements of persuasive writing?

How can young attorneys use writing to enhance their careers?  Partners?

Who is your ideal client?  What is your ideal project?

What is the best part of your job?

Emotional intelligence: The ability to assess and manage emotions is key to professional success

Research indicates that an individual's emotional intelligence (EQ) accounts for 60-80 percent of success in the workplace and in life, while cognitive intelligence (IQ) accounts for just 20-40 percent.  In an environment like law, where everyone is cognitively smart, EQ is a significant differentiator.  In this article, Dr. Laura Belsten discusses how lawyers and law firms can master emotional intelligence -- and put it to good use.

Emotional intelligence:  The ability to assess and manage emotions is key to professional success

Twitter: Blue bird of marketing happiness?

Twitter is one of the latest social networking tools.  A user can use Twitter to create a free account, follow others, develop a list of followers and send 140 character messages -- called Tweets -- to the desktops or phones of others.  I opened up a Twitter account (@jeraasch) about six months ago, which so far I use primarily to send out links to new articles that I've published on this blog.  Apparently, there are many more ways to take advantage of this useful new tool!

Yesterday, I learned some new ways to use Twitter for business development in a Webinar presented by Lexblog.  To view the Webinar, click here.

I learned how to use a program called TweetDeck to impose order on what can be a daunting number of incoming Tweets.  You can use Tweetdeck to create up to ten sorting categories.  Some of these can be groups of people you especially want to follow, like individuals invited to an upcoming event (you can also Tweet with them during and after the event).  Others can be "saved searches" on useful terms -- like your name or the name of your law firm.

Twitter can be used actively to enhance your reputation as a thought leader.  Kevin O'Keefe at Lexblog recommends Tweeting links to useful content that you've found elsewhere.  (Sometimes, you will need to shorten the URL to fit into the 140-character limit.)  Also, Twitterers can "retweet" a message on their own account to all of their followers.  Retweeting is like an endorsement of someone else's Tweet.  It is a good way to enhance your relationship with the original Twitterer.

Twitter can also be used for search.  As I mentioned above, you can search for your name or firm name to monitor what people are saying about you on Twitter.  You can search by keywords to find out what people are saying about a current issue -- and respond with your own comments.  You can search by your area of practice and city to find the Tweets of potential clients who are asking for advice on legal services.  If you are attending an event, you can search by the event name, find other Twitterers who will be attending, and make plans to meet them in person at the event. 

In fact, many reporters are using Twitter this way to find good sources to quote in their articles.  O'Keefe mentioned that when a bomb went off in Gaza, he was able to Tweet in real time with a person on the ground at the bomb site.  He mentioned that he was able to use a link to listen to the flight recorder from the Buffalo commuter plane crash before the recording appeared in the maintsteam media -- via Twitter.

O'Keefe also recommended that your Twitter "opus" should be 90 percent "business" and 10 percent "personal."  Relationships are often based on shared personal interests -- a point that I've often made in my posts regarding online biographies and profiles.

Like so many other social media, Twitter is just a tool.  If you create an account but just let it sit "on a shelf" and never use it, Twitter will be a waste of your time.  If you use to position yourself as a thought leader and meet new people, it can be a good use of your time.

Does this economic cloud have a silver lining? More time for business development!

As the economy contracts, law firm clients have laid off more than 600,000 employees -- in January alone.  Law firms are feeling the ripple effect.  In just two days in February -- Black Thursday and Friday the 13th -- 1,100 legal professionals lost their jobs or received buyout offers.  According to industry experts, this is just the start.

As books of business continue to shrink, what is a fearful lawyer to do?  This article is based on a Feb. 10 presentation on this subject to the Rocky Mountain Chapter of the Legal Marketing Association, made by relationship development coach Cindy Rold.

Does this economic cloud have a silver lining?  More time for business development!

Mind the gap: Train today's young lawyers to become tomorrow's rainmakers

At many law firms, there is a significant knowledge and experience gap between the "finder" generation of senior partners and the "minder and grinder" generations of junior partners and senior associates.  Who will fill the gap when the rainmakers retire?  In the April 2007 article, business development consultant Mark Maraia of Maraia & Associates discusses training young lawyers to become the next generation of rainmakers.

Mind the gap:  Train today's young lawyers to become tomorrow's rainmakers

Relationship intelligence: To succeed as a lawyer, you must supplement your IQ with RQ

The skills a law student needs to succeed at law school and the skills a lawyer needs to succeed in the "real worl" are distinctly different.  Academic intelligence is a given.  Relationship intelligence is what helps you develop and maintain new business -- and sets you apart.  In this May 2008 article, based on a presentation he made to the graduating class of Harvard Law School, lawyer and consultant Arnie Herz (New York) discusses the value of relationship intelligence.

Relationship intelligence:  To succeed as a lawyer, you must supplement your IQ with RQ

Associate today; partner tomorrow: Business development skills for young lawyers

At one time, a law firm associate who wanted to make partner simply had to do good work and stick around for five to seven years.  Today, the path to partnership is much more complicated.  An associate who wants to make partner must know how to develop -- and keep -- a good book of business.  In this September 2007 article, Michael Smith, a strategic business counselor with SBC & Associates, discusses the skills that young lawyers can use to develop business.

Associate today; partner tomorrow:  Business development skills for young lawyers

Rainmakers: Law firms must look to the next generation

The financial health of most law firms relies on the efforts of a few rainmakers -- lawyers who are able to keep the new-business pipeline flowing while their colleagues focus on the practice of law.  Who will make the rain fall at these firms when it comes time for the traditional rainmakers to retire or move on?  In this April 2006 article, Mark Maraia and John Mitchell discuss the creation of a formal structure to pass rainmaking skills from one generation of lawyers to the next.

Rainmakers:  Law firms must look to the next generation

Success breeds success: Advance your career in marketing by coaching

If marketers want to succeed as business development coaches to professional services providers, they need to concentrate on the "f-words" -- focus, feedback and follow-up.    In this October 2004 article, consultant Mark Maraia discusses how to implement a successful lawyer-coaching program.