Computer laptop displaying document download

Key Takeaways:

  • Lead magnets motivate prospects to share contact information in exchange for value
  • A lead magnet is not a sales pitch, it’s a useful resource to attract potential new leads
  • There are a variety of options for lead magnets, from downloadable checklists to ebooks to webinars
  • Once you’ve acquired leads from this marketing avenue, be sure to nurture them

Generating business is a priority for almost all law firms, especially small and solo practices. Sure, it’s nice for your website to get lots of views, but the end goal of your marketing efforts is to help the people you can best help connect with, and become clients of, your practice. 

It’s frustrating and disheartening to prepare for a scheduled consultation only to have a prospective client cancel at the last minute, or worse, simply fail to show up. Lead magnets can improve the quality of leads by educating prospective clients ahead of time and building trust. 

When a prospective client has learned something useful from your firm even before speaking to you, a consultation feels like a continuation of the value they’ve already received. That’s likely to increase their commitment and follow-through. 

What is a Lead Magnet?

A lead magnet is something of value that you offer in exchange for the persons contact information. It’s not a sales pitch or promotional material; it’s something your audience perceives as a benefit. Ideally, a lead magnet is a piece of genuinely useful resource that answers a specific question or solves a problem. 

If you’ve ever been online and clicked a button to get a free downloadable guide or ebook, you’ve been attracted by a lead magnet. Chances are that the offer addressed a particular need, interest, or pain point of yours. You can do the same for the people you hope will become your clients.

Seven Effective Law Firm Lead Magnets

When someone is facing a legal issue, they are often navigating uncharted territory. The legal knowledge you have can help them feel more in control of their situation. A lead magnet allows them to “sample” your knowledge with very little investment, boosts your credibility, and encourages them to come back for more. Some of the most effective law firm lead magnets include: 

Ebooks

An ebook is an in-depth electronic guide that covers a legal topic such as “Everything You Need to Know About Filing for Chapter 7 Bankruptcy” or “A Guide to Estate Planning for New Families.” Ebooks are designed to educate, often for a broader audience, and good for building awareness and credibility. 

Whitepapers

Structured and research-driven, whitepapers are documents that analyze a legal issue in-depth. They often provide statistics, data, and citations and are geared toward a more sophisticated audience. Whitepapers are good lead magnets for firms that want to demonstrate thought leadership, especially in technical or regulatory practice areas.

Downloadable Guides

Downloadable guides are similar to ebooks, but tend to be shorter, with a narrower scope. They are often built around a specific problem or decision, e.g.  “What to Do After a Loved One’s Death.” While an ebook generally says, “Here’s what you need to know,” a downloadable guide says, “Here’s what you need to do right now.”

Downloadable Checklists

There’s a certain satisfaction in checking items off a list, especially for people facing an unfamiliar legal problem who want to know they’re on the right track. Checklists like “Documents to Bring to Your First Estate Planning Appointment” or “Seven Things to Do Before You File for Divorce” help users feel organized and in control.

Exclusive Webinars

Whether live and interactive, or pre-recorded, webinars are a popular and effective lead magnet. Many people appreciate learning by video, and actually seeing and hearing the attorney humanizes them and helps build trust. People also tend not to attend webinars unless the issue is timely for them, so webinar attendees may be higher-intent leads.

Case Studies

A case study is an account of a real matter (often with identifying details changed) that describes a legal issue the client faced, the strategic decisions the firm made, any obstacles encountered and how they were addressed, and the outcome. Case studies signal experience with certain scenarios and reassure prospects that the firm has successfully handled cases like theirs.

Templates

Downloadable templates, used properly, can be highly effective lead magnets. They work best when they help leads organize information and identify areas of concern, such as an “Incident and Timeline Organizer.” Templates are best as lead magnets when they help prospects see gaps in their knowledge and the need for an attorney’s help to move forward. 

The right lead magnets for your law firm will depend on your goals, your practice areas, and your target audiences. It’s likely that you will want multiple magnets in play for clients with different needs, or people at different stages in the sales funnel. 

Paige Silver-Dunn, Director of Marketing for The Modern Firm, counsels attorneys to put themselves in their clients’ shoes when planning lead magnets: what topics, and what formats, would they likely take the trouble to download?

Getting the Most Out of Your Lead Magnets

Unlock the full potential of your lead magnets by observing these best practices: 

Pay attention to both form and substance.

Naturally, your lead magnets should provide genuinely helpful information; otherwise, the people who downloaded them won’t see the value in contacting you for more. But don’t underestimate the value of having an attractive, well-designed document or infographic bearing your law firm’s logo and branding. A polished appearance helps the lead magnet feel more valuable, and your firm look more legitimate and trustworthy.

Make access easy.

How many times have you gone to take an action online, only to give up because you were asked to take one too many steps or provide more information than you were comfortable sharing? It’s the same for your prospective clients, so don’t make it inconvenient for them. Ask only for the minimum information you need, and make it convenient for them to provide it.

Nurture the leads you’ve gathered

The purpose of a lead magnet is to attract high-quality leads; don’t just let those leads languish! Keep in touch through appropriate lead nurturing. Lead nurturing keeps your firm top-of-mind for prospects who are early in the sales funnel, and continues building trust and showcasing your knowledge for those who are closer to hiring a law firm.

Segment your contact lists.

Your lead magnets may attract different pools of potential clients. An estate law firm, for example, might get contact information from young families making their first estate plan, older couples who need to update a plan, and people facing probate. 

Segment contact lists so targeted messages reach the right people. Not only would an email about “securing your baby’s future” be irrelevant to an elderly widow, it comes across as insensitive, signaling a lack of understanding of her situation and needs.

Switch up your lead magnets.

Lead magnets, like many aspects of law firm marketing, aren’t “set it and forget it.” It’s important to refresh your lead magnets from time to time, because stale or repeated content loses impact. Updating your materials ensures that your offers stay relevant to your target audience, and ultimately attract prospects who are better matched and more committed to following through with services.

Use Lead Magnets to Attract Not Just More Prospects, But Better Ones

Interested in using lead magnets to bring more of the right business to your law firm, and increase the follow-through of your leads? Let’s connect to explore your options together.

Categories: Marketing, Blog