Business Development Strategy

Liftsail Solutions

Custom Innovations for Developing New Business in Your Own Signature Way

There's no shortage of information about the best practices that lawyers should employ for developing new business. A quick internet search will flood your screen with tips like "know your market", "start small", "communicate your expertise", "be authentic", and "focus on relationships". Generic principles like these are wholly unhelpful for busy lawyers, who are wise enough to know that they need to do something and are creative enough to imagine the things they could do. The primary obstacle that lawyers face isn't their imagination or know-how — the main barrier is confidence. Now, it's important to distinguish that this does not mean self-confidence — attorneys are not necessarily hesitant to build relationships because they lack confidence in themselves. Rather, attorneys falter with business development because they lack confidence in a system or process that requires them to divert time and energy away from other priorities, such as billable matters.

That lack of confidence comes from the reality that business development is neither linear nor predictable. There are a myriad of factors that go into building relationships, as each potential client has different motivations, pressures, and perspectives — just as individual lawyers do. An effective business development strategy is centered around adaptation and leverage. The strategy must be flexible enough to deploy regardless of personality style or industry, and it must leverage the strengths, interests, and curiosities of the individual lawyer. At Liftsail Marketing, our strategies don't result in creating a bland pipeline with empty or disingenuous outreach at each stage. Our custom business development strategies are built around innovations that you can use to develop new business and grow your practice in your own signature way.

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Innovative Strategies That Develop Confidence — and New Business

Our consulting background at Liftsail Marketing features a history of working with a variety of lawyer personalities and styles. Every lawyer is different, and so every business development strategy needs to be unique and customized to that lawyer. Through a comprehensive analysis and research process, Liftsail Marketing constructs strategic plans that reflect the strengths and interests of the individual attorney and embolden them with actionable and effective tactics. Our team also provides ongoing support and constant iteration of the strategic plan, to instill confidence that lawyers will gain value and growth from their business development endeavors.

Data-Driven Insights That Anticipate, Not React, to the Marketplace

At Liftsail Marketing, our business development strategies are grounded in advanced industry insights and meaningful market data. We are aggressive at pinpointing emerging trends and identifying opportunities on the horizon as the foundation for our innovative tactics. Our process involves putting market factors into context, examining various levers of influence and power, and forecasting ways to capitalize on shifts and gaps in the marketplace. We believe in data-driven strategies that guide our clients as they chart a path towards their business development goals.

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Insights About What's on the Horizon — and Beyond

The professionals at Liftsail Marketing are experts in the fields of legal marketing, technology, and business development. In our Navigator Legal Marketing Blog, we publish data-driven and research-based articles on a variety of topics. Our thought leadership provides readers with industry insights and perspectives on how to overcome barriers, elevate processes, and capitalize on opportunities. 
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