Business development is a top growth strategy for most law
firms. But to be successful, firms need to build a ‘culture of business
development’, something aspired to by many but rarely achieved. A culture of
business development requires instilling in the firm a shared client
development process, developing the necessary skills (not just knowledge) and coordinating
efforts across individuals, practice areas, industry groups and client teams. That’s
no easy task. A comprehensive training and business development program that
ensures everyone in the firm knows how to grow their individual practice is the
first step to achieving that desire business development culture.
Key findings of the survey found that:
• Nearly
70% of firms reported a preference for onsite, classroom type training
programs, despite the cost and lack of results
• Only
12% use some form of measurement to track the success of training initiatives
• 93%
believe business development training programs shouldn’t run more than an hour
or less.
• 70%
of law firms use coaching (group and/or one-to-one coaching) as a form of training.
• 50% depend upon the marketing staff
to provide the training; 12% use lawyers; 15% use outside consultants; and 15%
use professional development staff.
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One recent study, however, concludes that the current state of business development training in law firms is woefully underdeveloped compared to other industries. The study of 30 large law firms confirms the need for a comprehensive approach to business development training. Business development training is clearly a top priority. Eighty percent of law firms surveyed planned to offer business development training in the next 12 months. But the study also found a myriad of challenges and inefficiencies in the current state of business development training in law firms.
After completing the written survey, we conducted interviews
with numerous marketing and training professionals in large law firms to gain a
deeper understanding of the survey results and the best practices in law firms.
From this survey data and the in-depth interviews, we arrived at eight key
insights.
- The vast majority of
training initiatives are ‘one and done’ programs.
Complex skills and capabilities are
rarely developed in a single learning session. Capability requires intentional
practice that is repeated over and over again. An isolated, one-time training
program will not achieve the same results as a program that can be revisited
and reexperienced in the context of real-life situations. Furthermore, skills
should be reinforced using a variety of instructional techniques. Many training
programs do not use role playing, recorded practice, group discussions, exercises
and quizzes to reinforce the skills they are trying to instill in their
lawyers.
- 97% of law firm
business development training programs are offered during traditional work
hours (meaning the training program must be done at the expense of
potential billable hours).
Training during the work day adds a
host of hidden costs and challenges including the lost opportunity costs of the
billable hours spent in training sessions. It also sacrifices client
responsiveness, presents scheduling and attendance challenges, and incurs travel
and other costs associated with lawyers taking classroom style, in-person training
programs. But is face-to-face training more effective? Research indicates it is
not. The Research Institute of America found that eLearning increases retention
rates 25% to 60% while retention rates of face-to-face training are very low in
comparison: 8% to 10%.
- The vast majority of
training programs have not been formally designed to ensure proper instructional
techniques, properly sequenced learning paths or that clear and achievable
learning objectives have been met.
Telling is not training. Too often,
law firms leave the development and execution of training programs to people who
are not themselves trained in teaching. Often, rainmakers are asked to share
their knowledge of how to build a practice. But these senior lawyers frequently
can’t identify the specific skills they have developed that result in new
client engagements, let alone understand how to communicate and measure those
skills in others. Generational differences and ignorance of the context in
which these senior professionals built their practice can compound the
disconnect.
- Training topics, techniques
and methods are rarely coordinated with business development coaching
resources, techniques and methods.
The lack of a formal connection
between the training curriculum and the coaching program leaves learners
without the ongoing support to fully develop the techniques and skills being
learned. Practical application in real life situations enables the training to
be internalized. But these two important components are frequently developed and
implemented separately leaving the potential of each under-realized.
- Formal metrics, reporting
and tracking systems tend to measure attendance or activity but not skills
development.
Most training programs do not
include the types of instructional assessments which enable training performance
to be evaluated and improved. Frequently they monitor attendance or activity
levels but don’t assess whether new skills have been learned through the training
program. Doing isn’t knowing. Even though ‘activity’ may sometimes result in a
new client, knowing how the skills lead to better results is the only way to
achieve consistently better performance.
- Training programs generally
do not accommodate generational learning style differences.
Younger lawyers have developed learning
styles markedly different than their older counterparts. Millennials are more comfortable
consuming new information through videos, podcasts and on online discussion or
chat groups. Older lawyers tend to be more comfortable in classroom style
lectures.
- The scarcity of lawyer
time forces firms to pack too much information into hour-long
presentations.
Because so much information is
taught, it can be difficult for instructors to utilize multiple teaching
methods that, when used together, can help to ensure learning. Often, time
constraints allow only for teacher-centered training but not learner-centered
techniques or participatory learning techniques. Furthermore, it is often
difficult for lawyers to access the knowledge when they need it in the heat of
a client interaction because the information has not been captured and made
available internally.
- Training programs are
often one-dimensional and lack the resources and activities that reinforces
the learning and skills development.
A survey of 2,500 companies found
that those with “comprehensive training programs” have 218% higher revenue per
employee and 24% higher profit margins. Yet, most law firm business development
training programs don’t provide the multimedia, multi-instructional techniques and
resources that build and reinforce learning.
As the eLegal Training study demonstrates,
law firms continue to rely on costly, classroom-style instruction led by people
without formal training or instructional design knowledge. The importance of a
good business development training program can’t be understated. The cost today
to deliver a comprehensive, multimedia training program has dropped
considerably while the features and resources have increased substantially. Law
firms can save 50% to 70% or more in their training budgets and provide a more
comprehensive training program by looking to online and mobile learning
options.
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