Thought leadership should be an entry point to a relationship. Thought leadership should intrigue, challenge, and inspire even people already familiar with a company. It should help start a relationship where none exists, and it should enhance existing relationships."
- Daniel Rasmus
Thought leadership marketing - the art of positioning yourself or your organisation as a leader in your field through best-in-class content marketing - is a popular practice in business today, and the legal field is no exception. Many law firms have launched blogs, contribute articles to popular websites such as Lexology Navigator, and have amassed thousands of loyal social media followers.
When executed well, thought leadership marketing helps to develop and nurture strong client relationships. After all, in a marketing age where "content is king", what better way ascend the throne and forge new client relationships than to amplify the expertise and perspective of your law firm via original content?
Thought leadership marketing not only extends the visibility of your brand, it demonstrates your expertise and understanding of a client's business. You earn respect for that knowledge, which helps to build trust and loyalty.
Buyers of legal services want outside counsel who dwell in their world and have clear understanding of their industries and the complexities they face every day. These buyers want to trust their businesses to firms that have deep expertise and can manoeuver confidently in the legal world and in the industry niche in which they compete. They want to spend their time and resources wisely and efficiently, and don't have the time or inclination to take the time to educate a firm's attorneys about their business dynamics and challenges.
Here are some tips to ensure that your thought leadership marketing efforts payoff:
Thought leadership marketing will be an effective component of your overall marketing plan if you stick with it, but only if you're completely comfortable and equally as passionate about your subject matter. Let that expertise and exuberance show in equal parts through your content, no matter which media platforms you use.