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5 Reasons Why Your Business Development Strategies Fail

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Every professional service provider needs to deploy strategies at different levels for their organisational growth, yet some still fail even with the most impressive plans in place. In our experience working with professional service providers, we have identified some common reasons why the deployment of good business strategies may fail for certain organisations. Here are five of the most common for law firms.

HOW SHOULD LEGAL SERVICE PROVIDERS ADJUST TO SURVIVE COVID-19?

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The Coronavirus is a human problem that continues to affect a large portion of the planet's people and businesses. This is a look at how this pandemic is impacting the legal service industry and some recommendations to improve the operational and business aspects. As of today, economic activities have almost halted globally. This is due to the precautionary measures taken by countries to contain the viral outbreak. We earlier assessed the impact in 10 industries to show a clearer picture of how this outbreak is affecting the world of business. It is important to have a plan of action prepared; even more crucial is the need to have planned for a period such as this. A few months before the global pandemic hit, we published the need for law firms to commoditise their services to easily sell certain services to the markets/clients that need them. This was part of the content for a Social Media Week Lagos panel session moderated by our Lead Consultant Ali Afegbua. This...

THE AFRICA LEGAL & TECH SUMMIT SET TO HOLD IN LAGOS NIGERIA – 19/09/19

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The ALT Network continues to build the African legal and tech ecosystem. Our first Lagos summit is particularly timely as Nigeria’s FinTech sector was recently formerly recognised as the African leader in financial sector innovation. The role of law and lawyers in shaping enabling and progressive regulatory frameworks for techpreneurs and the opportunities tech innovation provides for the provision of legal services and access to justice, will be at the heart of the discussions on 19th September. The summit will gather the most innovative minds from the Nigerian legal and technology sectors to discuss impactful topics that can help LegalTech businesses and the wider tech sector evolve into more robust going concerns. We hope for a future that comprises of strong innovators and disruptors.

BUSINESS DEVELOPMENT TOOLS, FOR LAWYERS TO SUCCESSFULLY WIN MORE CLIENTS!!

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Most of the time lawyers struggle to merge the old rules of practice with modern realities, below are tips on how to grow your legal practice by using your existing clients to get more clients, and also establishing your self as an expert in your field. It does seem like a herculean task for many lawyers to attract the big clients and cash the fat cheques. Apart from the Rules of professional conduct in Nigeria, which forbids advertisement (of course the world has moved beyond those rigid rules), many lawyers are unwilling to “market” or perhaps have not realized that marketing and business development are part of