Legal market differentiation has never been more important than it is right now.
Niche and micro-niche practices are differentiators that enable one-of-one positioning in the legal market.
Webinar Presentation
On Tuesday, December 7, 2021, 12:00-1:30 p.m. ET, I will be among a trio of presenters for Creating a Micro-Niche for Your Law Practice and Services.
I will discuss keys to success that include:
- Embracing market needs and client demands
- Tightly targeted specialized offerings and outstanding service – as defined by your clients
- Value-based and market-oriented business mentality and methods
The Value of Niche and Micro-Niche Practices
Successful niche and micro-niche practices require wall-like boundary setting, grit, and declining work that is not in your wheelhouse. Walls enable doorways, determination underpins resolve, and while “no” is a complete sentence, it opens opportunities for referrals and reciprocity.
This is why niche and micro-niche practices work for solo lawyers as well as those working within a law firm setting.
In addition to sharing advice on developing niche and micro-niche practices, you will also hear about clients who have achieved one-of-one legal market distinction and are go-to’s for their particular brand of expertise.
These lawyers have – among other achievements – attracted more work from better clients, healthier work styles and more leisure time, seen a revenue increase of up to 1,100 per cent, and fast-tracked to the bench.
This webinar is part of the Canadian Bar Association’s Solutions Series.
This post appeared on Suttie., November 2021.
Heather Suttie is acknowledged as one of the world’s leading authorities on legal market strategy and management of legal services firms.
Since 1998, she has advised leaders of premier law firms and legal service providers — Global to Solo | BigLaw to NewLaw — on innovative growth strategies pertaining to business, markets, management, and clients.
The result is creation of new value and accelerated performance achieved through a distinctive one of one legal market position and sustained competitive advantage leading to greater market share, revenue, and profits.
The effect is accomplishment of the prime objective — To Win.
Reach her at +1.416.964.9607 or heathersuttie.ca.