Professional Marketing Blog
by Larry Bodine

News, opinions and insights into professional marketing.

 

 

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  Wednesday, July 23, 2003


I picked up an interesting statistic from Daniel D. Morris of the VeraSage Institute, who spoke during today's IOMA audio seminar on Law Firm Pricing. He identified why lawyers lose clients:

1% The client dies
3% The client moves away
5% The client has a friend he prefers
9% The client is lost to a competitor
14% The client is dissatisfied with the service
68% The client believes you don't care about them.

This shows that a good marketing strategy for law firms is to improve client relationships and service.


1:22:12 PM    comment []


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