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	<title>Chief Marketing Officer Archives - The BTI Consulting Group</title>
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	<title>Chief Marketing Officer Archives - The BTI Consulting Group</title>
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		<title>Inside the Law Firm CMO Shuffle</title>
		<link>https://bticonsulting.com/themadclientist/inside-the-law-firm-cmo-shuffle</link>
		
		<dc:creator><![CDATA[Michael Rynowecer]]></dc:creator>
		<pubDate>Wed, 31 Jul 2024 22:07:21 +0000</pubDate>
				<category><![CDATA[The Mad Clientist]]></category>
		<category><![CDATA[BTI Research]]></category>
		<category><![CDATA[Chief Marketing Officer]]></category>
		<category><![CDATA[CMO career moves]]></category>
		<category><![CDATA[CMO promotion in law firms]]></category>
		<category><![CDATA[CMO recruitment in law firms]]></category>
		<category><![CDATA[impact of CMO in law firms]]></category>
		<category><![CDATA[law firm business development]]></category>
		<category><![CDATA[law firm CMO]]></category>
		<category><![CDATA[law firm CMO challenges]]></category>
		<category><![CDATA[law firm CMO turnover]]></category>
		<category><![CDATA[law firm culture and marketing]]></category>
		<category><![CDATA[law firm leadership]]></category>
		<category><![CDATA[law firm marketing and business development]]></category>
		<category><![CDATA[law firm marketing compensation]]></category>
		<category><![CDATA[law firm marketing insights]]></category>
		<category><![CDATA[law firm marketing statistics]]></category>
		<category><![CDATA[law firm marketing strategies]]></category>
		<category><![CDATA[legal CMO career advice]]></category>
		<category><![CDATA[legal industry CMO trends]]></category>
		<category><![CDATA[Legal Marketing]]></category>
		<category><![CDATA[legal marketing leadership]]></category>
		<category><![CDATA[legal marketing strategies]]></category>
		<category><![CDATA[legal marketing trends]]></category>
		<category><![CDATA[marketing leadership in law firms]]></category>
		<category><![CDATA[reasons for CMO movement]]></category>
		<category><![CDATA[strategic marketing in law firms]]></category>
		<category><![CDATA[successful law firm marketing]]></category>
		<category><![CDATA[top law firms marketing]]></category>
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					<description><![CDATA[<p>The post <a href="https://bticonsulting.com/themadclientist/inside-the-law-firm-cmo-shuffle">Inside the Law Firm CMO Shuffle</a> appeared first on <a href="https://bticonsulting.com">The BTI Consulting Group</a>.</p>
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		<p>Law firms continue to try to up their marketing game. At the same time — CMOs are trying to escalate their careers. This can be a match made in heaven — or a disaster. It also drives demand for top CMOs and turnover in first-chair marketers.</p>
<p>We canvassed more than 300 law firms. We tracked law firm CMO movement through LinkedIn and our own research. Here’s what we found:</p>
<ul>
<li>31% of law firm CMOs made a career move — up from 28% last year</li>
<li>12% of these were promoted into the CMO slot at their current firm — up from 5% last year</li>
<li>10% (of the 31%) were recruited from another firm — up slightly from 7% last year</li>
<li>Another 8% of law firm CMOs left the world of law — it was 7% last year</li>
</ul>
<p><strong>To Change or Not to Change </strong></p>
<p>More than twice as many law firms promoted an internal person into the CMO role compared to last year. They see the value in people who understand the culture and know the partners and the firm’s strategic plan. These firms typically like their current approach and want to amp it up.</p>
<p>Almost the same number of firms brought in a new CMO — they want a fresh perspective and/or want to make changes to the role.</p>
<p><strong>Biggest Reasons for CMOs to Move to a Firm </strong></p>
<ul>
<li>Chance to make an impact</li>
<li>More opportunity</li>
<li>Leadership change at their existing firm</li>
<li>A new dynamic leader at the destination firm</li>
</ul>
<p><strong>What About Comp?</strong></p>
<p>Compensation no longer makes the top of the reasons for a change in firms. CMOs tell me salaries matter but making an impact matters more.</p>
<p>CMOs are doing more due diligence on the firms trying to recruit them. They are looking deeply at:</p>
<ul>
<li>Leadership attitude toward Marketing and Business Development</li>
<li>Partner EQ and courtesies extended during the interview process</li>
<li>Paying more careful attention to the questions asked during the interview process</li>
</ul>
<p><strong>More Decliners</strong></p>
<p>CMOs are turning down more inquiries and offers than ever. The top reasons for remaining at their current firm include:</p>
<ul>
<li>See themselves as part of the leadership team</li>
<li>Believe they are making an impact</li>
<li>Are openly appreciated by a measurable number of leadership partners</li>
</ul>
<p>Law firms and CMOs are getting pickier and want more. Most are becoming more strategic. Every CMO owes it to themselves to assess their current situation with cold, steely eyes. Law firms owe it to themselves to take the same look at the role and their attitude toward Marketing and Business Development.</p>
<p>Law firms can also benefit from shaping the CMO role from the reasons CMOs change firms above.</p>
<p>The most successful firms are putting more distance between themselves and the other firms. CMOs want to be part of the more successful firms. Perform due diligence on your current firm and any potential firm — especially if the CMOs ability to make an impact and be part of leadership matter more than compensation.</p>
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		<p>Best in the market ahead.</p>
<p>MBR</p>
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<p>The post <a href="https://bticonsulting.com/themadclientist/inside-the-law-firm-cmo-shuffle">Inside the Law Firm CMO Shuffle</a> appeared first on <a href="https://bticonsulting.com">The BTI Consulting Group</a>.</p>
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			</item>
		<item>
		<title>6 Hard-Earned Lessons from Veteran Law Firm CMOs</title>
		<link>https://bticonsulting.com/themadclientist/6-hard-earned-lessons-from-veteran-law-firm-cmos</link>
		
		<dc:creator><![CDATA[Michael Rynowecer]]></dc:creator>
		<pubDate>Wed, 24 Jul 2024 23:04:34 +0000</pubDate>
				<category><![CDATA[The Mad Clientist]]></category>
		<category><![CDATA[Adaptation in Legal Marketing]]></category>
		<category><![CDATA[Attorney Personas]]></category>
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					<description><![CDATA[<p>The post <a href="https://bticonsulting.com/themadclientist/6-hard-earned-lessons-from-veteran-law-firm-cmos">6 Hard-Earned Lessons from Veteran Law Firm CMOs</a> appeared first on <a href="https://bticonsulting.com">The BTI Consulting Group</a>.</p>
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		<p>In the high-stakes world of law firm marketing, hindsight is 20/20.</p>
<p>We asked over 150 seasoned law firm Chief Marketing Officers (CMOs) what advice they&#8217;d give their younger selves or to a newly minted CMO. Their responses paint a vivid picture of the challenges and triumphs in our unique corner of the world.</p>
<p>These insights offer a roadmap for success for both aspiring and current legal marketing professionals. Here are the key lessons these veterans wish they had known from day one. The messages are pretty compelling:</p>
<ol>
<li style="list-style-type: none;">
<ol>
<li><strong>Don’t take it personally — everyone questions new ideas</strong></li>
</ol>
</li>
</ol>
<p style="padding-left: 40px;">The questioners are not attacking you, they are trying to get their head around your ideas. Their approach may be hard and gruff, and they may not believe — but it comes with the territory.</p>
<ol>
<li style="list-style-type: none;">
<ol start="2">
<li><strong>Persistence — don’t give up the ship</strong></li>
</ol>
</li>
</ol>
<p style="padding-left: 40px;">People won&#8217;t really understand what you are saying until they hear it 7 times. This means the initial resistance and indifference are part of the process. These are your first 2 or 3 of 7 points of communication. Very few ideas get off the ground without at least 7 clear messaging events to the right audience(s).</p>
<ol>
<li style="list-style-type: none;">
<ol start="3">
<li><strong>Adapt — learn from all the feedback you get</strong></li>
</ol>
</li>
</ol>
<p style="padding-left: 40px;">Rejection, resistance, and lack of enthusiasm all tell you the message or approach you propose may not be on target. Change your approach to play to the issues and concerns you hear.</p>
<ol>
<li style="list-style-type: none;">
<ol start="4">
<li><strong>Don’t make the job bigger than you</strong></li>
</ol>
</li>
</ol>
<p style="padding-left: 40px;">Don’t care more about the job than the firm. There will always be a few law firms who fundamentally don’t respect or care about the marketing and business development function. These law firm marketing leaders would have told a new CMO to jump ship and go to a place where marketing and business development are part of the firm.</p>
<ol>
<li style="list-style-type: none;">
<ol start="5">
<li><strong>Really get to know the attorneys</strong></li>
</ol>
</li>
</ol>
<p style="padding-left: 40px;">Attorneys have their priorities and preferences. Law firm leaders recommend taking the time to understand these people and their personalities. You are there to make the firm and the attorneys more successful. Your knowledge of the attorney&#8217;s personas and how they conduct business helps you develop your roadmap — and helps you make sure you get to know the partners most likely to make you successful.</p>
<ol>
<li style="list-style-type: none;">
<ol start="6">
<li><strong>Learn the art of saying no</strong></li>
</ol>
</li>
</ol>
<p style="padding-left: 40px;">CMOs are asked to do all manner of things — some relevant and strategic — others are unrelated to anything meaningful. Successful CMOs advise developing your own informal filters to decide when to say no — and then saying no. They also learn a thoughtful diplomatic decline earns you respect and paves the way for more strategic requests.</p>
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		<p>We can&#8217;t invest with hindsight but we can become better investors. These experienced leaders learned to navigate the legal marketing and business development waters. This advice is aimed at new and aspiring CMOs, but even the most experienced CMO can learn from the adjustments their peers would have made.</p>
<p>It’s never too late to fine-tune your approach.</p>
<p>Any lessons we left out? Let us know.</p>
<p>Best in the market ahead.</p>
<p>MBR</p>
<p><img decoding="async" class="alignnone wp-image-37624" src="https://bticonsulting.com/wp-content/uploads/2023/10/The-Mad-Clientist-Title-Blue-300x52.png" alt="" width="173" height="30" srcset="https://bticonsulting.com/wp-content/uploads/2023/10/The-Mad-Clientist-Title-Blue-300x52.png 300w, https://bticonsulting.com/wp-content/uploads/2023/10/The-Mad-Clientist-Title-Blue-1024x176.png 1024w, https://bticonsulting.com/wp-content/uploads/2023/10/The-Mad-Clientist-Title-Blue-768x132.png 768w, https://bticonsulting.com/wp-content/uploads/2023/10/The-Mad-Clientist-Title-Blue-1536x264.png 1536w, https://bticonsulting.com/wp-content/uploads/2023/10/The-Mad-Clientist-Title-Blue.png 1636w" sizes="(max-width: 173px) 100vw, 173px" /></p>
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<p>The post <a href="https://bticonsulting.com/themadclientist/6-hard-earned-lessons-from-veteran-law-firm-cmos">6 Hard-Earned Lessons from Veteran Law Firm CMOs</a> appeared first on <a href="https://bticonsulting.com">The BTI Consulting Group</a>.</p>
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