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Here are nine tips for transforming networking events
into a business development tool.
- Evaluate invitations based on the likelihood
that clients, prospective clients and referral
sources will be there.
- Set a specific objective for each event.
You might decide to reconnect with a former
client, meet two in-house counsel, or conduct
informal market research.
- Invite a client or prospect to attend the
event with you. Even if they don't accept,
it has given you a reason to contact them and
stay on their screen.
- Formulate a response to the inevitable, "What's
new?"
Highlight something you want to promote about your
practice, like an interesting matter you're working
on, or your firm's recent merger.
- Use your client-focused marketing message
to respond to "What do you do?" Rather than
telling someone you are a bond lawyer, which
is unlikely to encourage conversation, try
something like "I help nursing homes
and hospitals raise cheap, long-term money," instead.
- Arrive early. If you arrive as lunch is being
served, you'll miss the best mingling time.
If you're really pressed for time, show up
during the reception, talk to a few people
you don't know, and leave before lunch.
- Don't stay with people you know, unless they
are clients, potential clients or referral
sources. As one of my clients said, "If I'm
talking to Dan (one of her partners), we're
both wasting our time."
- Prepare three topics to talk about if there's
a lull in the conversation. Better still, think
of three good questions you can ask people
you meet.
- Follow up with those you meet. What good
does it do if you connect with all those people
but don't stay in touch? Follow up with an
article, an invitation to lunch or just a "nice
to have met you" e-mail.
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