Do law firms have marketing departments?

Even though most law-firms have resorted to their in-house staff for their marketing, the endeavors have not been in vain. There are higher flexibility alternatives but the basic framework has done just fine for the most part.

How much do law firms spend on marketing?

According to research that was carried out in 2018, law firms spent about 2% of their revenue on business development and marketing. This totaled to just $19,000 for every $1 million in revenue.

Why does a law firm need marketing?

After referrals and recommendations from friends and family, online searches are the most common means of finding a law firm. 70% of law firms have gained new clients through their website. 96% of people seeking legal information or advice look online first.

Journey to $100 Million

Podcast

How Can We Instill a Spirit of Hustle and Entrepreneurship in Our Young Kids?

Episode #505

Erik recently posted on LinkedIn asking for questions he can talk about on the podcast. Here’s a question from Kate Johnson, “How can we instill a spirit of hustle and entrepreneurship in young kids?” Thank you, Kate, for the question.

The first time Erik made his own money was in 7th grade. His mom sent him out to shovel snow and he started doing it for his neighbors too. The next year, he cut grass. It was easy to get work and recurring revenue.

June 2, 2020

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About The Hosts

Erik J. Olson is an award-winning digital marketer & entrepreneur. The Founder & CEO of Array Digital, he is also the host of the Journey to $100 Million Flash Briefing and daily podcast, and the organizer of the Marketers Anonymous monthly meetups.

Kevin Daisey is an award-winning digital marketer & entrepreneur. He started his first company when he was just 23, and is the Founder & CMO of Array Digital. Kevin is the also the co-host of the Journey to $100 Million Flash Briefing and daily podcast, and the co-organizer of the Marketers Anonymous monthly meetups.