Linda HazeltonJust as we were getting ready to head out to the LMA Annual Conference, news broke that Chambers and Partners had been acquired by private equity house Inflexion. Today’s guest blogger, Linda Hazelton, Hazelton Marketing & Management, picked up the phone and spoke to Mark Wyatt, Chambers’ CEO.

Amongst the many services of Hazelton Marketing & Management is the writing of Chambers and other directory submissions on behalf of lawyers and law firms, so Linda’s insights to our community are very much welcomed, and I want to thank her for writing such a detailed post.


News recently broke regarding Inflexion’s acquisition of Chambers. Inflexion is a mid-market private equity firm “investing in high growth, entrepreneurial businesses.” In Inflexion’s news release, Simon Turner, Managing Partner, said:

The legal services market is a large and growing market which we have tracked for a number of years. Chambers benefits from a leading, global position and a reputation for providing the best rankings and research in the industry. There are multiple opportunities for the business to develop its market leading position internationally and through an enhanced digital offering. We look forward to working with the management team as Chambers embarks on this exciting growth strategy.”

Emphasis added

Mark Wyatt will re-join Chambers as CEO. Mark was previously the Managing Director of Chambers from October 2014 to September 2015. Mark’s quote in the news release referenced Chambers’ expansion plans and driving “[O]ur online presence forward.”

I spoke with Mark on April 9, 2018. He confirmed my supposition that Chambers’ methodology and the rigor with which they conduct research will not change. He is very enthusiastic about working with Inflexion, noting that they are terrific with technology. Since they are not publicly traded, there’s no need to focus on quarterly profits and they take the long view. Mark expects that the improvements in technology will allow them to manage the vast amount of information they have gathered in even more useful ways. Overall, the goal is to strengthen relationships with their clients and to improve at retaining their talented researchers and editors. I think we can anticipate an expanded on-line presence as well as new products such as forums, roundtables, client panels, and the like.
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toservelawyers

A theme I heard, or just picked up on, at the 2016 LMA Annual Conference is that our role, as legal marketers, is as a service provider to our clients … the lawyers we serve. Yet, sometimes, the relationship seems much more adversarial than it has to be.

Yes, our “job” is to increase the top line, but very few of us are true sales people heading out to bring in new clients to the firm. And it takes finesse to be successful in our roles.

For the most part, our job is to help identify opportunities both internally and externally. To coach and train lawyers. To prepare for the sale. To provide the infrastructure. Too many lawyers want to abdicate (or blame) marketing if they do not have a steady stream of new business. The rainmakers get it. The service partner (which are becoming a dying breed in law firms) do not.

Kirk_surrounded_by_Tribbles
Directories and submissions multiply faster than Tribbles.

So where am I going here? The disdain for a function of our jobs — submissions — has to stop. And the attitude change has to come from us.

Yes. Directories and submissions seem to breed new directories and submissions faster than Tribbles, but can you not see the value? And I’m not talking about pointing to new revenue. The ROI for each of our functions is not necessarily new revenue, and I will argue that directory and submissions do more for us than they do for the lawyers.

Here’s how I came to appreciate the Chambers and Partners submission process, as well as Best Lawyers, and yes, Super Lawyers:

It’s not about bringing in new business.

It’s about the service provider/client relationship we share with the lawyers.

I believe the Chambers/Super Lawyers panel has surpassed the General Counsel panel as one of my favorites at the LMA Annual Conference. Why? Because my CLIENTS, the lawyers, value these and learn something new each time that allows me to serve my clients better.

I wrote about my change of heart here last year in I’m changing my tune on surveys. Once I stopped thinking about how these submissions are a waste of time and don’t bring in any new business, and started to recognize WHY the attorneys value them, I was then able to see how they allow ME to build a better relationship with my CLIENT. At that moment I began to not only  appreciate the submissions and directories, but look forward to them.

Why?
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Thanks to guest bloggers Amy Knapp and Aileen Hinsch, Knapp Marketing, for providing a framework to repurpose all that hard work you put into your Chambers submissions.

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Being tasked with preparing a firm’s Chambers submissions is not considered the plum job in a law firm marketing department.  First, the responsible party must

As I mentioned here, I was invited to participate on a panel at the Legal Marketing Association-Bay Area Chapter’s 12th Annual Technology Program on a panel, Beyond Print: Moving Marketing Communications into the Audio and Video Realms.

The panel was moderated by Jen Klein from Blattel, and included Joe Calve, CMO, MoFo; Brian Colucci, Director of Marketing, Townsend; and Dave Pistoni, Principal and Creative Director, doubledave (great company name, by the way).

First of all, kudos for Jen leading a great session. We had our notes, our questions, who was going to take the lead when and where. But we collectively agreed to let the audience drive the content. Come on. We can talk AT you and tell you what WE think you want to hear as an audience member, or we can actually discern what YOU want to hear and respond accordingly.

Jen asked the first questions, then we, as a panel, began interacting with the audience.

Sometimes the questions came from Jen, sometimes the audience, sometimes the audience were talking amongst themselves, sharing their experiences. It allowed for a lot of energy, and as we (the panel), discussed afterward that we all LEARNED something too. I got some great ideas, and left the room more energized than I was when I arrived.

Obviously, I couldn’t take notes while on the panel, so Lydia Bednerik rocked it by tweeting the program via #lmatech.

After the jump, I’m going to pull a few of her comments out, and elaborate.
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