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LEGAL SALES II. - QUESTIONS ABOUT YOUR FIRM
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.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Transfer Tax Implications on Real Property Leases
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.