05/11/2011 10:17:00 AM EST
Are you at risk of losing a client? 10 diagnostic questions
As my colleagues and I interview the
clients of law firms, we hear a consistent set of complaints about the service
that they receive from law firms.
Here is a short checklist to help
law firms consider whether they have the basic management structures and
systems in place to allow them to keep the clients they have and win new ones.
These are not all of the issues, to be sure; but they are the ones that law
firm clients most frequently mention. Each one relates to a basic structural weakness
that has resulted a law firm losing a client or failing to get a new one.

Ask yourself:
- Are you willing to invest substantial amounts of
unbillable time to learn the details and nuances of your clients'
businesses?
- Have you proposed a fee structure other than an hourly
rate before your client asked for one?
- Do you set up and use costs budgets, which you do not
exceed without taking instructions from your clients?
- Do you provide regular progress reports without the
client having to ask for them?
- Do you acknowledge all telephone calls, e-mails, and
other communications from clients within 24 business hours?
- When a client has a question about a bill, it is
resolved within three business days?
- Do you have a system to notify a client in advance when
a deadline or promised delivery date will be missed?
- Do you have a system to identify and prevent the causes
of errors in client service operations, rather than just fix them after
they are discovered?
- Do you ask for feedback from your clients about their
satisfaction with your services?
- If you are unavailable when a client calls you, is
there another partner or associate who knows the file well enough to
provide an interim response?
If you cannot give an unqualified yes
to each of these questions, you could be at significant risk of losing a
client. A no answer can be an important clue about why you
are not winning the new clients that you think you should have.
Fortunately, problems in most of
these areas can be addressed quickly. The value of the time, effort, and
external support that you will need is usually far less than the cost of losing
even one significant client.
Read more on the Walker Clark
Worldview
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