This document summarizes a social media event focused on innovation in the legal field. It provides information on speakers, hashtags used, and organizations mentioned at the event. It also includes upcoming related events, best practices for using social media, and how to calculate the value of a Facebook like.
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Social Media and Innovation
1. Social Media & Innovation
November 9, 2016
@evolvelawnow
@StubbsAlderton
#EvolveLawLive
@ShannonRyan
@Allen_Rodriguez
@MichaeleChasin
>>ACTION:
@Lexicata
@DoxlyApp
@one_400
@Foxwordy
@MonicaZent
@nonlinearENT
Wifi
@HeidiHubbeling
@maryjuetten
@traklight
@Haley_Altman
2. It is not the strongest of the
species that survive, nor the
most intelligent, but the one
most responsive to change.
-Charles Darwin
3. Find out more at
www.evolvelawnow.com
Upcoming Events
Cloud Cybersecurity
San Diego
November 11, 2016
Member UNconference
NewYork
January 30, 2107
Top Ten Darwin Talks:
Legal Week
New York
January 30, 2017
The Tech Savvy In-House
Counsel
San Francisco
February 28, 2017
ABA TECHSHOW Pitch
Madness
Chicago
March 15, 2017
5. Social Media
? No solicitation: “I noticed your post about an accident, you
should call me.”
? No misleading information
? Watch out for UPL, your followers can be anywhere
? Include disclaimers
5Copyright 2016 ONE400
6. 6
L / UpM * (LpD*30) * (Cl/L) * CR * ACV
5,493 / 18 * (.23*30) * (.6 / 5,493) * 0.06 * $3000
305.2 * 6.9 * 0.0001 * 0.06 * $3000 = $37.90
Average Value of a Facebook like:
$37.90
Total Likes (L) = 5,493
Unlikes per Month (UpM) = 18
Average Clicks (Cl) = .6
Website Conversion Rate (CR) = 0.06
Average Conversion Value (ACV) = $3000
Likes per Day (LpD) = .23
What is the value of a FB like?
Copyright 2016 ONE400
7. 7
What is the ROI for social media?
Copyright 2016 ONE400
8. 8
Important takeaways for using social
media to build your firm or startup
? Use the appropriate
channels for your
audience
? Use original content more
than not
? It’s okay to show some
personality
? Engage with others
? Measure your ROI
Copyright 2016 ONE400