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In order to become one of the top legal firms, it is rather important to stay abreast with the need of the day – image and perception management.
Many times, the terms branding and marketing are used as if they are interchangeable. As I see it, the big difference is that branding helps you know what to say and marketing provides the vehicle to deliver the messages. Just like a politician will steer any question back to the handful of key campaign points, your brand positioning statement steers all advertising, website content, brochures, public relations, and face-to-face selling to your firm’s competitive advantages.
As per Philip Kotler in Principles of Marketing, “Brands are more than just names and symbols. Brands represent consumers’ perceptions and feelings about a product and its performance—every thing that the product or the service means to the consumer. In the final analysis brands exists in the mind of the consumer”. The real value and power of the brand exists in capturing the consumer preference and loyalty. The top brands create value preposition and competitive advantage for the company. They set your products and services apart from those of your competitors.
If you name top legal professionals in Indian law firms like Ram Jethmalani, Kapil Sibal, Soli Sorabji or Arun Jaitley what really comes to your mind? These people have made a name for themselves in legal profession over the years by giving quality service and winning edge to their clients. A brand can be thought of as a set of perceptions that a prospective (or existing) client gets when they hear the name of your law firm or see the logo you will be designing to represent it. The important thing to remember here is that it’s not the same as the actual products or services you sell. Instead, it’s a feeling a person has- the overall perception.
Branding is based on a clear view of how your clients and prospects perceive your firm. A successful brand is perceived to have at least one meaningful and positive attribute that is unique among its competitors. An attribute is meaningful when it is involved in the decision making process of a client or prospect. It is positive when it enhances your firm’s value in their mind.
For example, if a law firm likes to tell people that they have been in business since 1950. By itself, this is a biased statement – a lot of law firms have been around that long. However, when they tell you some of their clients have been with the firm for over 57 years that might be a positive and meaningful point of difference compared to other firms. It implies consistent quality, responsiveness and excellent service.
Here are nine simple ways you can build your brand, whether you are a sole practitioner or a partner with an international law firm:
A successful brand will add value to the firm credentials before and after the service is provided. The brand provides positive support when the prospect evaluates the degree of risk attached to a firm, and words like “reputation,” and “trust,” are discussed.
Proper branding is critical to your long term success. A lot of people think of branding as logo development. But in reality, branding is managing the thoughts and feelings of your clients to ensure that you are what they desire. If your desired brand image isn’t what’s in the minds of your target audience, you’ve got to figure out where the gaps are and how to address them. And fixing them would be more of a herculean task because the old adage still rings true – the customer is always right!
Brands are more than just names and symbols. Brands represent consumers’ perceptions and feelings about a product and its performance—every thing that the product or the service means to the consumer. In the final analysis brands exists in the mind of the consumer.
Branding is based on a clear view of how your clients and prospects perceive your firm. A successful brand is perceived to have at least one meaningful and positive attribute that is unique among its competitors.
Dr. Ranjeet Mehta is Professor Marketing & Head Training at Rai Business School. He has a proven track record of Brand Marketing, New Product Launches, Brand Management, Digital Direct Marketing, Business Strategies, and Consumer Behavior.
Lex Witness Bureau
Lex Witness Bureau
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