How to Get "Lucky" When Building Your Legal Practice

How to Get "Lucky" When Building Your Legal Practice

New business opportunities are unpredictable. They arise when you’re in the right place, at the right time, and in front of the right people. The challenge is knowing when, where and who is “right.” In fact, I would argue that it’s nearly impossible, because legal problems arise unexpectedly—can you predict when a business you’re targeting for business development is going to get sued?

The Biggest Gains Come From Focusing on Less

The Biggest Gains Come From Focusing on Less

Positioning yourself as an expert in a narrow domain who can solve specific problems for specific clients requires less not more. In particular, it requires careful discernment and a tight, disciplined focus on one’s greatest strengths. In other words, it’s not about what can be added to one’s professional portfolio, but rather about what can be taken away.

How to Crush Business Development at Your Next Conference

How to Crush Business Development at Your Next Conference

Attending a conference without a well-defined plan is like setting sail without a compass. Every year, countless lawyers flock to various conferences, only to return with a handful of business cards they’ll never use and a vague sense of missed opportunities. This scenario is all too common and a clear indication of a crucial oversight: the lack of strategic preparation.

Be a Business Development “Activator”

Be a Business Development “Activator”

The study identifies five distinct profiles that define how professional services partners approach business development. Four of the five are negatively correlated with performance. Only the Activator shows a positive impact on performance and revenue (and it’s a significant impact). The Activator does the following: commits to business development, connects with clients and colleagues, and creates value in relationships.