What if small talk fails?

Relationships are at the heart of business development. That’s true regardless of the length of your sales cycle, meaning the typical amount of time required for a potential client to move from first encountering you to hiring you. It isn’t necessary to build a deep and personal relationship in all cases, but you do have to have enough of a relationship to allow your potential client or referral source to know and trust you.

Whether your potential client first finds you online or offline, one-on-one conversation is where a true connection may bloom. Most commonly, you’ll find that the process of building connection takes time. (That’s why follow-up is so critically important.)

You’re probably aware that small talk paves the way for follow-up contacts. Through small talk (conversation that meanders through a variety of topics at a relatively surface level), you learn more about your conversational partner. You discover mutual interests and experiences, and you start to build a common bond. Through follow-up, you develop that bond, and over time a relationship flourishes… And you’re off to other business development issues. (If small talk isn’t your strength, you’ll find plenty of resources online that can help you improve your skills and increase your comfort.)

But what about those situations in which small talk fails? Perhaps small talk isn’t culturally accepted or, despite your best efforts, your small-talk skills aren’t creating an easy flow in conversation. In these instances, you’ll need to find ways in addition to small talk to establish and deepen connections.

The Harvard Business Review article Building Relationships in Cultures That Don’t Do Small Talk offers good tips for recognizing a no-small-talk culture (something that you should already know based on your due diligence) and for adapting. The most important two sentences in the article apply to relationship-building generally, not just across cultures:

One essential piece of advice is to take a longer-term perspective on developing relationships. If you assume that relationships and rapport can indeed be developed in a matter of moments, you’ll inevitably be disappointed.

The article goes on to suggest several tactics to use in the absence of small talk, including working to ensure that “your colleagues see you as someone worthy of having a relationship with, even if it’s not going to happen immediately,” finding impersonal topics for conversation, and knowing when it’s acceptable to build personal relationships.

Use these tips when small talk fails you, but also incorporate them into your relationship-building approach even when you get things going with chitchat. The better you are at adapting your approach to your new contact’s style and the more alternatives you have in mind for building a solid foundation for your relationships, the stronger your network will be.

Do you think about what you’re doing?

How often do you think about what you’re doing? Probably more often than you should.

Consider this quote:

When it comes to business development (and practice in general), building good habits will help you to accomplish the tasks you want more consistently. For example, if you make it a habit to connect with a new contact on LinkedIn and to send a “nice to meet you” note, then to update your contact management system and calendar a keep-in-touch schedule, you’ll never let a great new connection slip through your fingers. If you routinely enter your time at the end of each day, you’ll never have to spend an entire morning (or more) to recreate your records at the end of the month.

Where might you incorporate habit? If you struggle to establish new habits, enter your name and primary email address here to receive an immediate download of the book review for Charles Duhigg’s The Power of Habit.




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What’s your agenda?

One of my favorite questions is, “What’s your agenda?” I’ve noticed, however, that we tend not to ask that question of ourselves often enough.

Setting an agenda is a classic time management strategy. If you’re looking to make meetings shorter and more productive, circulate an agenda in advance and expect everyone to come prepared. If you want to make your day more productive, set your own agenda. Of course other issues may arise in the course of the meeting or the day, but if you set your agenda first, you’ll at least know what you intended to accomplish and you won’t lose track of necessary tasks.

Knowing your agenda is critical for networking. Meeting new people requires you to have a sorting agenda in place: do you want to meet lawyers, bankers, or parents? Are you interested in officers in closely-held businesses, or would you prefer to meet officers in public corporations? Knowing whom you want to meet will help you to identify the best groups to investigate and to target the right people for follow-up, which is where the networking magic happens, if at all.

Having an agenda is the difference between effective follow-up meetings and purposeless coffee dates that accomplish nothing. If you have some idea of what you’d like to discuss during a follow-up meeting, you’ll be able to tailor your conversation to be sure that you ask the right questions or offer the right information. It’s easy to wing it for follow-up meetings, but taking a few minutes to think about what you want from the meeting will make you much more effective.

Finally, when you’re talking with someone with whom you’re considering joining forces (for marketing or to form a new practice, for example) ask them directly (or ask yourself) what their agenda is.  Poorly phrased, the question is a bit confrontational, but the more you know or intuit about someone else’s objectives, the better your decisions will be.

Take a few minutes to answer these questions (or others that fit your circumstances):

  • What’s your agenda for today?
  • What’s your agenda for your practice?
  • What’s your client’s agenda?

Share your best ideas with your best clients.

When do you share your best ideas? BTI Consulting, a group known for its deep research in client satisfaction and preferences, reports that:

“[j]ust over 2/3 of clients tell us the best new ideas they see coming from law firms happen during an RFP process. Somewhere among the sea of bland boilerplate submissions lies one scintillating idea, suggestion or nugget. One firm invested the time and energy to simply blow their potential client away.”

Being the firm that came up with an amazing nugget is great, but as the BTI article continues, “why wait until an RFP to strut your stuff?” RFPs may be a necessary part of business, but preserving—and perhaps expanding—client relationships is critical to a prosperous practice.  (The article is directed to large firms, but the principles adhere to small firms as well.)

Read the article for a suggestion on how you can do better by proactively sharing your best ideas with your best clients. In the meantime, ask yourself…

  • How often do you offer the “scintillating idea, suggestion or nugget” in an RFP? How can you increase the frequency?
  • How often do you proactively bring a fresh idea, insight, or approach to your clients? The BTI article focuses on corporate counsel, but regardless of your practice area, you must spend time thinking about what will make things better for your clients. For example, a litigator might recognize a trend in litigation and offer that to clients to help them avoid unnecessary suits.

If you tend not to have repeat business from core clients, identify your ideal client profile and ask what would blow that kind of client away. In other words, is there a new process or resource that would be incredibly helpful?

  • More globally, what do you do when you’re trying to win business that you might do to strengthen the relationship with your current clients? Building a relationship with a current client will, in general, deliver much better results than trying to land a new client. (That doesn’t mean you need not pursue new business, though.)

Offering something eye-catching in an RFP is good, but bringing the nugget to a current client is even better. Read the BTI Consulting article, then apply it.

Business development trades in promises.

Sales. Selling. Sales pitch. How do those words come across to you? Positive, negative, or no charge at all? Studies show that a significant number of people have some bad impression about selling, though most people have no negative association with buying. (See Daniel Pink’s To Sell Is Human for more on this.)

But if you’re to grow your practice, you have to be able to secure new work, and that requires sales skills. I know, you didn’t go to law school to sell stuff (nor did I)… And yet, if you’re uncomfortable in a sales conversation, your potential client will perceive that discomfort and may think you’re uncomfortable with the matter or the client, or even that you’re trying to hide something.

 

 I’m always on the lookout for alternative ways of looking at  sales, because you must master your comfort with the idea of sales  before you can master the skill itself. And I found a new perspective in a  recent article that you cannot afford to miss.

Here’s a teaser: “What we’re really trading in is promises.” 

Take two minutes to read the post, then five or ten to contemplate its implications. It’ll change your perspective on both sales and client service.

Plans are useless, but…

I see two huge mistakes among lawyers eager to build a book of business:

  • the urge to jump into action without designing a plan, and
  • the tendency to plan and revise and plan some more without ever moving to action.

Today I’ll offer another perspective on planning, from Dwight Eisenhower:

In other words, when circumstances change and disrupt your carefully-laid plans, the process of assessing all of the factors that affect your practice will show you how to adjust. (Want to know more about how to create a plan? Check Chapter 3 of The Reluctant Rainmaker.)

How effective is your practice planning?

Keep Your Friends Close!

Surprise! Today’s newsletter is a pop quiz. Who are your best referral sources? List the top 10 right now. If you are a more junior lawyer in a law firm and don’t yet have your own clients, list the senior lawyers for whom you do the most work. 

How easy did you find it to make this list? This information should be at the tips of your fingers. If you don’t know who your top referral sources are, your activity this week is to find out. 

How often do you talk with the people who refer business to you? One of my clients recently realized that his top three referral sources send him seven to ten substantial matters a year, resulting in several hundred thousand dollars of business. That’s great news! But he also discovered a significant problem: as he’d become busier, he spent less time maintaining the connections that had helped to build those referral relationships. 

Sure, he sent business to his top referral sources when appropriate, he attended meetings with them frequently, and he went out of his way to send a nice “thank you” every time one of them sent a new matter to him. But he couldn’t remember the last time he’d had lunch or played golf one-on-one with these people. The business relationship was in place with each referral source, but the personal connections underlying it had grown weak. 

Relationships, like anything else, are constantly shifting. Are your key relationships growing closer or more distant? If you don’t stay in touch with your contacts on a consistent basis, the relationships will grow weaker and you may find that the support that you enjoyed shifts to others who are more attentive. The shift may be entirely unconscious, but referrals tend to go to those who are top-of-mind, and a distant relationship won’t keep you sufficiently visible. 

Take a few minutes now to calendar times to check with the people who think enough of you to send you work.  Reconnect and find out what’s going on with them. At the same time, express your appreciation for their referrals. And then set up reminders to check in with them at least quarterly.

Do you have repeat business or loyal clients?

I have a quote for your consideration today:

 

loyalty-5
There’s plenty of talk about the lack of client loyalty these days, and much of that is well-founded. That doesn’t mean that client loyalty doesn’t exist, though. I’d suggest that the basis of loyalty is trust. When a client trusts that you will act in his or her best interest at all times, loyalty becomes almost a given.

Today, ask yourself how much your clients trust you and what you can do to warrant even more trust. When you’ve reached your answer, build that into the client experience you create.

Loyalty isn’t a matter of happenstance… And neither is trust.

Progress or excuses?

One simple question for you today: are you making progress toward your business development goals… Or are you making excuses?

Here’s the tricky part: progress doesn’t necessarily require massive action, and action doesn’t necessarily equate to progress.

Take a minute and get honest with yourself. If you don’t like what you discover, do something different today. Making progress can be as simple as picking up the phone to call a strategically selected contact.

Client service = Value creation

A key focus of your practice must be client service, not just to retain current clients (though that’s critical) or to expand those relationships (though that’s desirable) but also to create a positive experience for your clients, one that may help to build your reputation.

Client service creates client experience, and client experience creates value for your clients. As you build value for your clients, you will also build the value of your practice. It’s a self-reinforcing cycle. I’ve written extensively on client service and value creation (see here, for example, and here and here), but sometimes you need a quick checkup as from this summary article, The Ten Commandments of Customer Service. Almost all of the “commandments” are relevant, but a few deserve a highlight.

1. “Know who is boss. You are in business to service customer needs and you can only do that if you know what your customers want.” Though I must add that in practice, the client is not necessarily the boss. Sometimes your role as counselor (in egregious circumstances, your ethical duties as well) will require you to challenge a client’s request. That requires finesse, but when done appropriately it’s a beneficial point of distinction for you.

3. “Identify and anticipate needs…” Identify client service needs and create value for your clients by proactively providing useful information relevant to their needs.

5. “Help customers understand your systems.” Whether it is your system for workflow and client contact (which you may modify based on client needs) or the legal system relevant to the substantive matter, orienting your client will serve both of you well.

Take a look at the Commandments and spot-check yourself. What might you do differently to build more value for your clients?