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Presented By:

Tarunjeet Singh, Senior Attorney Draft n Craft

Sagar Pratap Singh, Business Development  Draft n Craft




          Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
 Skills Of Attorney

 Performance By
  Attorney



 Satisfaction of
  Client

 Willingness of
  Client
                       Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Client Retention a Real Dilemma for
              You..???
As a professional, do you always ask
 yourself:


 WHY retaining a client is TOUGH

 HOW is it AFFECTING my day-to-day work

 WHAT should be the RIGHT STRATEGIES

 HOW to overcome this BIG CHALLENGE


                         Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
WHO is representing me?

WHAT would I expect?

Whats there for me?
 Quality
 Competitive Price
 Satisfaction
 Attorney Client Privilege
 Efficient & Proactive Services


                        Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
 9,000+ law firms in England and Wales

 15% to 20% law firms in serious financial
  difficulties and on the verge on
  insolvency, merger or closure

 Recent Mergers:
 Pinsent Masons and McGrigors

 Davies Arnold Cooper and Beachcroft

 Barlow Lyde & Gilbert and Clyde & Co

 Weightmans and Mace & Jones
                               Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
WHAT are you going to ensure

WHEN are you going to ensure

HOW are you going to ensure




                         Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
CUSTOMERS = CLIENTS

 Customers are served by processes

 85% of customer related problems are
  caused by professionals/organisations work
  procedure

 To better serve customers, professionals/
  organisations must improve their
 approaches
                         Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
- Clients seek to maximize value by:

ESTIMATING which lawyer/firm delivers the
most value

- Lawyers, on the other hand do it by:

FORMING an expectation of value and
acting upon it

EVALUATING their usage experience against
the expectations
                          Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
90%
Percentage Retained from


                           80%

                           70%
     Previous Year




                           60%

                           50%

                           40%

                           30%

                           20%

                           10%

                           0%
                                 1     2        3              4              5
                                     Years as a customer
                                             Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
STEP 1:
                     Ask


STEP 5:                                        STEP 2:
 ACT                                           Evaluate




          STEP 4:                STEP 3:
          Reward                Stimulate




                              Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
FIVE Client Retention Strategies:

 Segment existing clients

 Interview must-have clients

 Create a unique value-add strategy for each
  client

 Communicate your value-add strategy

 Track results and monitor responses
                             Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
 Understand & Involve the Customer
 Focus on Key Problems
 Select the Right Change Leader
 Seek Ideas from Outside the Field
  and Organisation
 Do Rapid-Cycle Testing for quality
  business


                            Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Approx 84% of professionals/
organisations uses client retention
marketing strategies..

Maintain a Database

Stay in Touch

Welcome Complaints

Loyalty Programs

Do a Good Job

                        Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Small changes do increase client
 satisfaction

Satisfied clients are more likely
 to show up again and continue
 your services

More clients make your work
 more rewarding

More admissions and fewer
 dropouts improve the bottom line
                    Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Keep measuring and

studying the results

until you reach your

objectives and improve

as much as you

DESIRE!


                       Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
Ask
      Question..




 Draft n Craft Legal Outsourcing Pvt. Ltd.
 Website: www.draftncraft.com
 Email: info@draftncraft.com
 India: +91 11 2341 4576
 USA: + 1 516 515 3510
 UK: + 44 20 3318 3559




Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.

More Related Content

Webinar on: Client Retention - "A Dilemma"

  • 1. Presented By: Tarunjeet Singh, Senior Attorney Draft n Craft Sagar Pratap Singh, Business Development Draft n Craft Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 2. Skills Of Attorney Performance By Attorney Satisfaction of Client Willingness of Client Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 3. Client Retention a Real Dilemma for You..??? As a professional, do you always ask yourself: WHY retaining a client is TOUGH HOW is it AFFECTING my day-to-day work WHAT should be the RIGHT STRATEGIES HOW to overcome this BIG CHALLENGE Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 4. WHO is representing me? WHAT would I expect? Whats there for me? Quality Competitive Price Satisfaction Attorney Client Privilege Efficient & Proactive Services Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 5. 9,000+ law firms in England and Wales 15% to 20% law firms in serious financial difficulties and on the verge on insolvency, merger or closure Recent Mergers: Pinsent Masons and McGrigors Davies Arnold Cooper and Beachcroft Barlow Lyde & Gilbert and Clyde & Co Weightmans and Mace & Jones Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 6. WHAT are you going to ensure WHEN are you going to ensure HOW are you going to ensure Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 7. CUSTOMERS = CLIENTS Customers are served by processes 85% of customer related problems are caused by professionals/organisations work procedure To better serve customers, professionals/ organisations must improve their approaches Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 8. - Clients seek to maximize value by: ESTIMATING which lawyer/firm delivers the most value - Lawyers, on the other hand do it by: FORMING an expectation of value and acting upon it EVALUATING their usage experience against the expectations Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 9. 90% Percentage Retained from 80% 70% Previous Year 60% 50% 40% 30% 20% 10% 0% 1 2 3 4 5 Years as a customer Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 10. STEP 1: Ask STEP 5: STEP 2: ACT Evaluate STEP 4: STEP 3: Reward Stimulate Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 11. FIVE Client Retention Strategies: Segment existing clients Interview must-have clients Create a unique value-add strategy for each client Communicate your value-add strategy Track results and monitor responses Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 12. Understand & Involve the Customer Focus on Key Problems Select the Right Change Leader Seek Ideas from Outside the Field and Organisation Do Rapid-Cycle Testing for quality business Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 13. Approx 84% of professionals/ organisations uses client retention marketing strategies.. Maintain a Database Stay in Touch Welcome Complaints Loyalty Programs Do a Good Job Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 14. Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 15. Small changes do increase client satisfaction Satisfied clients are more likely to show up again and continue your services More clients make your work more rewarding More admissions and fewer dropouts improve the bottom line Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 16. Keep measuring and studying the results until you reach your objectives and improve as much as you DESIRE! Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.
  • 17. Ask Question.. Draft n Craft Legal Outsourcing Pvt. Ltd. Website: www.draftncraft.com Email: info@draftncraft.com India: +91 11 2341 4576 USA: + 1 516 515 3510 UK: + 44 20 3318 3559 Copyright 息 2012 Draft n Craft Legal Outsourcing Pvt. Ltd.