Tag Archives: value proposition

You do what?

Reading another interesting discussion on the Interweb last week, which was urging lawyers to ask their clients the simple question “so what do you do?”. The basis of the article was that this would give a client or a prospect the opportunity to talk about their business, and thus provide a deeper level of insight that would allow the lawyer to provide a better service.

"tell me what you do?" asked the driver innocently. A question he would soon regret....

It was a good starting point and could lead into an examination of question-based sales techniques such as “S.P.I.N. Selling” by Neil Rackham (still one of my favourite sales books). However, I took the opportunity to flip the question, and asked how many lawyers could give a concise and compelling answer to the same question.

So, what do YOU do?

A refreshingly simple question, but a difficult one to answer well IMHO. Not least because in our society, your occupation is an important part of your identity. For me, after 10 years as a lawyer, answering that question suddenly became much more challenging. However, even when I was practising law, beyond the simple, one-word answer (be it lawyer, attorney, solicitor, barrister etc), the question is really what DO you do? How are you different from all the other lawyers? How do you help your clients, whether you are inhouse or in private practice.

I’ve tried to answer this question at various times in my career, and it’s not easy. At the heart of the problem is the need to differentiate yourself, either at an individual level, at a practice level, or at an organisation level. Do you feel more comfortable talking about yourself and your skills (creatively solving problems, aggressively defending my clients), your practice and work type (I draft contracts for….) or your firm (I work for a company that…..)?

Whatever the level you answer the question, once you have the descriptive answer, you can then challenge yourself to ask how many other people could have given the same answer. If the answer is “a lot”, then ask yourself what it is that you do that’s different.

It’s not an easy task; before you know it, you’ve run into your second paragraph, and the person you are talking too has glazed eyes and is desperately wishing they hadn’t asked the question.

Ultimately, I think to answer it well, you need an understanding of your personal value proposition: how do you create quantifiable value for your clients? What results do you create? An exploration of value propositions (a great subject for lawyers) is probably best saved for another time, but thinking about how you create value can give you another angle on how to answer the question about what you do.

Finally, if you think you’ve answered the question “so what do you do?”, it’s time for the ultimate test. Grab a taxi to somewhere more than 15 minutes away, chat to the driver and wait for the inevitable question. If you can answer it before the driver loses interest, starts a rant about how much he hates lawyers or talks in detail about their recent divorce/house move/tax investigation, you’ve done well!

That’s a really, er, interesting idea……

Product development remains a concept that’s alien to many law firms. Firstly, the idea of highly tailored legal services being associated with something as, well, crude, as a “product” is just plain wrong. Secondly, the firms just deliver what the clients want, so that’s really a type of product development, right? Unfortunately there’s a world of difference between this approach, and actually spotting a market need, creating a service to meet that need, testing it, pricing it, crafting and communicating a value proposition, and then (horror of horrors) actually proactively selling it.

I thought the lightbulb was supposed to go on when we have a good idea?

Don’t get me wrong, some firms are very good at this, but they are still in the minority. When the credit crunch rolled round, most of my in-house peers knew that a restructuring was on the cards (and once the depth of the recession became clear, it was often a fairly severe one that was required). This often involved external counsel for specialist advice, and particularly support for the HR teams. Why, I wondered to myself, hasn’t a firm packaged up a nice, client friendly offer to help with this? Something a little different from hourly rate employment advice; maybe a slicker process, maybe different presentation, maybe a faster resolution, maybe priced more attractively; ideally all with proof points of the value that was captured, nicely wrapped up, and differentiated from the competition. But nobody did.

The next challenges for law firms that do “get” product development, is to keep the process client focussed. It’s all too tempting to base the service ideas on what the lawyers think the clients need, rather than what they actually need. Most clients love to talk about their business, and using those lawyerly skill investigating business problems rather than legal ones (when the clock is ticking) is, in my experience, always time well spent. A great read on this subject is Tuned-in by Stull Myers and Scott, and explains why it’s easy not to keep the client at the forefront of the product development process (and how to remedy that).

Finally, the last little nugget to chew over (watch your teeth), is the fact that good product development requires innovation, and I believe personally that the flip side of this is that it will involve failure, something lawyers generally don’t like to talk about. I don’t necessarily advocate the “fail big, fail often” approach of some innovation gurus, but I do think it’s important not to be scared to experiment, and to learn the lessons when failure does raise its poorly groomed head.