Digital Marketing: Trends in demand generation for law firms
Digital Marketing: Trends in demand generation for law firms
By Guy Alvarez
In a world driven by digital innovation and constantly evolving consumer behaviors, law firms and legal-sector businesses can no longer rely on traditional marketing methods and tactics to achieve business development goals.
Fortunately, demand generation in the legal industry has come a long way, providing marketers with an array of tools to modernize their approach and better position their firms for sustainable growth.
Digital tech is revolutionizing demand generation
While word-of-mouth referrals and traditional advertising methods like print media, television advertising, and billboards were once standard in the legal industry, they are no longer sufficient in a digital-first age. Online research, social media, and review platforms have drastically altered how potential clients search for lawyers and the legal services they need.
Demand generation marketing focuses on creating demand for services rather than simply promoting them. In the law firm marketing context, it seeks to generate interest among potential clients by making a firm’s legal services more appealing and trustworthy through content marketing, social media advertising, email nurturing and more.
Savvy law firms are leveraging new technologies to reach and engage their increasingly online target audiences. By taking a more sophisticated and data-driven approach to demand generation, they can effectively drive awareness and interest in ways that ultimately inspire potential clients to connect with their firms when their need for legal assistance arises..
Personalization trumps mass marketing
Mass marketing, including generic advertisements and blanket email campaigns, is rapidly losing potency in today’s hyper-personalized world. With potential clients expecting tailored experiences and relevant content, firms overly reliant on traditional mass marketing methods and tactics risk being perceived as out of touch and disconnected from their audiences.
Cold-calling is one such technique that is seen as losing effectiveness. Once a staple of traditional marketing, unsolicited calls today are viewed by most people as intrusive and possibly even scammy. Prospective clients are unlikely to respond positively to such encroachments, potentially damaging a firm’s reputation in the process. Lawyers and legal marketers should instead focus on building relationships through more personalized and meaningful interactions with potential clients.
Artificial intelligence, through the rapid analysis of vast data sets, can identify consumer patterns and accurately predict client behaviors. This provides firms with insights to target marketing efforts more precisely than ever before. When approached thoughtfully, AI empowers legal marketers to deliver highly personalized content and offers to the right audience at the right time, increasing the likelihood of conversion.
Interactive content encourages meaningful engagement
Prospects enjoy Interactive content, such as assessments and calculators, provided it’s carefully tailored to their specific needs and interests. By leveraging these types of assets to provide a target audience with valuable information and insights, legal marketers can establish their firms as a resource worthy of trust, encourage more meaningful engagement, and forge stronger connections with potential clients.
Creating immersive experiences can also provide a competitive edge. Virtual tours of an office, interactive webinars, live Q&A sessions, and other immersive experiences can set a firm apart from the competition, providing potential clients with a better sense of its culture and the expertise of its attorneys. The ultimate benefit is to foster greater trust and confidence in the practice.
Steps for successful implementation of demand generation
Modernizing a demand generation strategy doesn’t have to be complicated. By focusing on these key areas, legal marketers will be well-positioned to seamlessly incorporate the latest and most effective demand-generation tactics into their overall digital marketing strategy:
__Transition away from outbound marketing
Outbound marketing methods, such as cold calling and mass emails, must be replaced with more effective inbound marketing strategies. Legal marketers should focus on creating valuable content that attracts potential clients to their firm’s website and social media channels. By providing helpful information and addressing prospects’ pain points, they’ll establish their firm as an authority in its practice areas.
__Crafting a resonant content strategy
Developing a content strategy that resonates with legal consumers is essential to effective demand generation. Firms should begin by identifying the key topics and questions of interest to their target audience, then create blog posts, articles, videos, and infographics addressing these subjects. By consistently publishing high-quality content that aligns with prospects’ wants and needs, firms will build credibility with potential clients, encourage engagement, and drive more demand for their legal services.
__Tracking metrics and adjusting strategies
The success of any demand generation effort greatly depends on a firm’s ability to accurately track key metrics and adjust its strategies accordingly. Monitoring website traffic, engagement rates, conversions, and other relevant data provides insight into a campaign’s effectiveness, which can be leveraged to fine-tune a firm’s strategy and ensure more optimal outcomes.
The bottom line
Demand generation is rapidly evolving in today’s digital age. By recognizing and leaving behind outdated tactics, embracing new strategies, and adopting advanced technologies, legal marketers can transform their demand generation strategies and position their firms for success.
Guy Alvarez is a partner in Good2BSocial, L.L.C., a digital marketing agency that focuses on law firms and companies in the legal industry. He can be reached at [email protected].
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