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Why Business Development Fails Without Compensation Alignment

By Insights
Several years ago, I co-wrote an article with McKinsey & Company’s Dan DiPietro about alignment in law firms — specifically the link between compensation and business development. I’ve been thinking about it again recently, and if anything, the point feels even more relevant today. Here’s the uncomfortable truth. You can invest heavily in business development training, coaching, CRM systems, and…
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How Law Firms Can Use AI to Work Smarter in Business Development

By Insights
I recently had the pleasure of speaking with a cohort of extraordinary lawyers at Baker McKenzie about business development. As part of our program, I shared several ways artificial intelligence can help lawyers save time, strengthen marketing and business development efforts, and ultimately serve clients more effectively. The conversation was a reminder of what makes this firm so forward-thinking. Baker…
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How Mid-Sized and Smaller Law Firms Can Build Mighty Marketing Teams

By Insights
When it comes to organizing a marketing department, mid-sized and smaller law firms often find themselves in a unique position. They may not have the sprawling teams or massive budgets of global firms, but that doesn’t mean they can’t run a top-notch, effective marketing operation. With thoughtful planning and a focus on the essentials, smaller firms can build smart, scalable…
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Why Business Development Training Should Start Early — and Never Stop

By Insights
Excuse my lack of artistry, but I’ve been experimenting with Midjourney in my spare time to deepen my understanding of AI-generated graphics. No matter how long we’ve been practicing a craft, there is always room to grow as professionals. Lawyers spend years honing legal skills, but continuous improvement is just as essential when it comes to business development. It is…
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Three Big Pitch Mistakes Lawyers Make

By Insights
Pitching for new business is a nuanced craft, and it is something most lawyers want to do well. Yet there are a few recurring mistakes that even the most sophisticated firms continue to make. After speaking with dozens of general counsel, it’s clear that many of these missteps are easily fixable. 1. Walking into the meeting unprepared It sounds obvious,…
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