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LEGAL SALES QUESTIONS II. – QUESTIONS ABOUT YOUR FIRMIn the last post, we discussed the importance of preparing your team of attorneys for a pitch by researching the prospective client and being able to pose questioins to showcase your knowledge and commitment. The next step in effective law firm business development is being able to answer specific questions about yur firm. Clients are interested in determing how compatible your law firm would be with their business and how well you would be able to work together.Be prepared to answer the following in a meeting with a prospective client:- How do you typically provide information to your clients?- How can you support us in our dealings with the executives and board?- Have you ever done proactive and preventitive work?- How do you bill?- Can you provide litigation public relations and crisis communications?While you may already have answers to these questions, reviewing them with your legal team for consistency and updates is good practice. In your answers, it's important to be forthright. Your answers should assure them of your abilities and dedication to the work. By taking these steps to prepare for the RED ZONE, you'll be one step closer to “closing the deal.”In the next post, we'll be discussing the questioins the legal sales prospect might have regarding the future and your abilities to guide them through it.
LEGAL SALES QUESTIONS II. – QUESTIONS ABOUT YOUR FIRMIn the last post, we discussed the importance of preparing your team of attorneys for a pitch by researching the prospective client and being able to pose questioins to showcase your knowledge and commitment. The next step in effective law firm business development is being able to answer specific questions about yur firm. Clients are interested in determing how compatible your law firm would be with their business and how well you would be able to work together.Be prepared to answer the following in a meeting with a prospective client:- How do you typically provide information to your clients?- How can you support us in our dealings with the executives and board?- Have you ever done proactive and preventitive work?- How do you bill?- Can you provide litigation public relations and crisis communications?While you may already have answers to these questions, reviewing them with your legal team for consistency and updates is good practice. In your answers, it's important to be forthright. Your answers should assure them of your abilities and dedication to the work. By taking these steps to prepare for the RED ZONE, you'll be one step closer to “closing the deal.”In the next post, we'll be discussing the questioins the legal sales prospect might have regarding the future and your abilities to guide them through it.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.