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WHAT DID NOT WORK IIIThis is the third in a series of comments on why in-house counsel rejected law firm business development efforts. In a recent discussion with a group of outside attorneys, they pointed to the following:1. Make sure your team members talk to the client, not to themselves. Prospective clients want to see how you work together in responding to their questions and deal with strategic issues. Don't be talking “under your breath” to a colleague, which implies you are hiding something. Be open, direct and responsive.2. Attorneys are great at giving presentations to bar and professional associations and industry groups. But don't show up, speak and leave. You are there to network; be available for contacts. Not getting the names of attendees also contributes to business development failures.3. Make sure you know what medium your client prospects prefer. Don't send e-mails when your target prefers phone calls. In must-have discussions before a presentation, listen carefully to how the client prospect appears to digest information. Do they want great details, or executive summaries? Your presentation and future communications should be directed in this fashion.Next time we'll review other deal-killers, such as a lack of business etiquette, cold-call materials and client surprises.For more detail, go to www.closersgroup.com/resources.
WHAT DID NOT WORK IIIThis is the third in a series of comments on why in-house counsel rejected law firm business development efforts. In a recent discussion with a group of outside attorneys, they pointed to the following:1. Make sure your team members talk to the client, not to themselves. Prospective clients want to see how you work together in responding to their questions and deal with strategic issues. Don't be talking “under your breath” to a colleague, which implies you are hiding something. Be open, direct and responsive.2. Attorneys are great at giving presentations to bar and professional associations and industry groups. But don't show up, speak and leave. You are there to network; be available for contacts. Not getting the names of attendees also contributes to business development failures.3. Make sure you know what medium your client prospects prefer. Don't send e-mails when your target prefers phone calls. In must-have discussions before a presentation, listen carefully to how the client prospect appears to digest information. Do they want great details, or executive summaries? Your presentation and future communications should be directed in this fashion.Next time we'll review other deal-killers, such as a lack of business etiquette, cold-call materials and client surprises.For more detail, go to www.closersgroup.com/resources.
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.
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.