10½ ways patent attorneys in europe can make themselves more attractive

Download 10½ ways patent attorneys in europe can make themselves more attractive

Post on 14-Jul-2015

77 views

Category:

Law

1 download

Embed Size (px)

TRANSCRIPT

  • 10 ways patent attorneys in

    Europe can make themselves more attractive to new

    clients and new overseas

    associates

    www.tenandahalf.co.uk

  • As a European patent or trade mark attorney, how will this special report help you? In the past patent and trade mark attorneys have been able to get by on technical expertise and reputation alone. This is no longer the case. Competition, not only domestically but from all over the world, means attorneys now have to work harder than ever to win new business and keep the clients they already have. In order to achieve growth, smarter firms now need to place more emphasis on how they present themselves in print, in person and online. To give you some ideas as to how you could make your firm more attractive to new clients and overseas associates, we would like to share some of the approaches we have developed alongside the UKs leading patent and trade mark practices. By reading this report you will find out: 1. How to give your firms marketing a thorough health check 2. How to create an effective marketing plan the easy way 3. How to choose the marketing activities that suit you best 4. How to package your firms story 5. How to tell your story better 6. How to be sure an English speaking audience really understands your firm and your offer 7. How you can increase the success your marketing generates by being a bit more focused 8. How to structure your overseas travel so it generates more work 9. How to use insight from your current clients and associates to win more work 10. How to measure the success of and return from your marketing 10. The most important part how to put your plans into action?

  • 1. Give your marketing a thorough health check Before you work out where you want to be, its essential you work out where you are today. When was the last time you sat down and looked in detail at the way you market your firm? More importantly, when was the last time you sat down and really looked at how successful your marketing is? The types of questions you should be asking yourself include: What are your commercial objectives? What are you doing that works? What do you do well? Where do you need to improve? What activities do you need to add? What resources do you have available? What other resources do you need access to? This can be a time consuming process and will eat up a lot of expensive partner time. Sometimes it may be more efficient to ask someone with a lot of experience in auditing patent and trade mark firms to help. The three main benefits of utilising external experience are: You can use partner time more profitably Taking up partner time with marketing and planning meetings is not profitable. Using an external partner to audit your firm and create the right plan for your firm means you can do what you do best looking after your clients and winning new work

    You can take advantage of best best practice An experienced external partner gives you unlimited access to the legal industrys best practices. This will improve the way you market and give you new ideas that are already proven to work which means you avoid unwanted and costly trial and error You will see improvements to your bottom line immediately A comprehensive audit will allow you to cut out activities that cost a lot (both in terms of cost and time) and deliver little. This will immediately make your marketing more effective and more cost-effective

    2. Create an effective marketing plan the easy way While some still see the creation of a marketing plan as a difficult task, its actually extremely easy. In real terms there are only three things you can (or should want to) do: 1. Win more new clients

    2. Win more work from your existing clients

    3. Win more work from your overseas associates

    If you would like a more detailed article on how to write an effective personal marketing plan, please email douglas@tenandahalf.co.uk and he will send you a copy of an article recently published in The Patent Lawyer magazine.

  • 3. Choose the right activities We are yet to meet a patent attorney who joined the profession to be a marketer but the ability to market is essential if you want your firm to keep growing and remain competitive. Marketing will never be your main priority and may not be an activity with which you are completely comfortable. However, having worked with a large number of patent and trade mark firms, we have learned it is not always the concept of marketing thats uncomfortable but the individual activities involved. During the planning stage its important to look at which activities work and which you could be using and then align them to the skills and personalities you have available. In very generals terms there are (unsurprisingly given the authors of this report!) 10 activities wed recommend: 1. Dont sell, drink coffee Dont sell, instead just spend time with people and build relationships 2. Participate in events Speaking slots reach everyone; just attending conferences wont 3. Follow up (quickly) after you meet someone Make sure you get in touch and agree next steps 4. Get articles published Not in what you read, in what your clients read 5. Saw this & thought of you Send out articles of interest. Its ad-hoc marketing with a truly personal touch

    6. Have a referral strategy Know what

    you want from who, work out where to meet then ask for what you want 7. Gather case studies Adding them to everything you produce or present brings your story to life 8. Use LinkedIn little & often 10 minutes a week will keep you visible 9. Ask for testimonials Then use them. They will persuade in ways marketing copy never will 10. Let Google do the work Add fresh blogs, reports and articles to your site 10 . Have the confidence to focus on what youre good at and take action! And remember, no one person will be able or expected to do everything on this list. The trick is to work out who is happiest where and make sure the majority of activities on the list are being implemented across your team.

  • 4. What is your story? The way you tell your story (what your firm is, what it does and why it does it well) is what will help draw prospective clients and associates towards you. More importantly, it is what will convince them to work with you once they have found you. Once you decide upon your story, you have to have consistency everyone needs to tell the same story every time they interact with your contacts whether thats in person, in print or online. The traditional model is to concentrate on: The services your firm provides The expertise your attorneys have in specific scientific fields The history of your firm and the number of partners and other attorneys and paralegals you have Our response would be so what? How do details like this help you stand out from your competition? How will this style of factual reporting actually make people stop and think thats the firm I want to work with? Instead your story your value proposition should be based around what you really offer, around what people will get for themselves if they were to work with you. You should be thinking about things like: Service How do you deliver your services to make your clients experience of working with you as easy as possible? Likemindedness What do you have in common that will help you build an effective, open working relationship?

    Likeability and co-operation People like to like the people they work with. How do you communicate the personalities of your firm and your attorneys? Strategic input What can you offer a client over and above filing, protection and litigation skills? How can you use your experience of helping similar organisations to improve your clients business? It is often easier to build your proposition with someone outside the firm; someone who understands exactly what the buyers of IP services want from their attorneys and someone with the marketing experience to package your story in a way that shows you can meet those requirements.

    5. How do you tell your story better? Looking at the websites of professional service firms it is fair to say few tell their story well. Most concentrate on themselves, listing facts and figures about partners and offices, occasionally mentioning sectors or clients but often as an afterthought. This is not interesting for the reader and it will not engage an audience in the way you want it to. Here are three golden rules to improve the way you tell your story: Its you not we Write for the reader not the writer. Make sure you are addressing your audience personally and that the content benefits them and doesnt just list facts about your firm and your attorneys. Use the right language Most of your clients possess an understanding of the terms used in intellectual property protection but theyre not experts. Remember to speak clearly using everyday language rather than legal jargon. Also if youre writing for or speaking to a specific sector, use relevant reference points and include the vocabulary and terminology that sector employs. You will immediately be more credible.

  • Employing a professional copywriter is not expensive. Given the potential wins (and losses) that hang on the first impressions your prospective clients or associates will form on arriving at your website, is it an expense you can afford to ignore?

    7. Increased focus; increased success When you are marketing do you have clear targets? Without applying focus it becomes very difficult to find, never mind win, new clients. Once you know which areas you want to target,