Past Member Profiles

March, 2012
 

Cherie W. Olland
Global Director, Business Development & Communications

Jones Day

1) What is the most challenging aspect of your job?
The most exciting aspect of my job is having the opportunity to interact with very smart lawyers and staff from around the globe.  It is intellectually challenging to work as a team to generate new ideas and to solve problems.  Constantly striving to meet higher and higher standards as the Firm expands throughout the world keeps me on my toes and thinking ahead.

2) How do you measure success?
I've always thought of success as a process.  It results from the accumulation of little wins --- and the occasional resounding accomplishment -- over time.  Although quantitative metrics should never be ignored, in business development we also need to focus on qualitative measures of success.  And we never officially declare success -- it breeds complacency! 
January, 2012


James A. Durham
Chief Marketing and Business Development Officer

McGuireWoods, LLP
1) What is the most challenging aspect of your job?
My role has several parts, and the challenges are different for each one:

  • First, I have to build a talented team of marketing professionals to serve the needs of the firm. The challenge is keeping them motivated in the law firm environment where roadblocks exist at every turn, and to keep them challenged as they master their roles and want to do more. Change comes slowly in firms, so it takes special effort to provide enough encouragement and growth opportunities, but it is a priority. 
  • The second challenge is to have a meaningful impact on the overall performance of the firm. Getting the lawyers to do things they have not done (and are not comfortable doing); getting groups to set goals; and gaining acceptance for greater accountability are among the biggest firm-wide challenges. 
  • Finally, there is the challenge of finding the time to be the coach you want to be for individual lawyers. While one of the most satisfying parts of the job is helping people succeed, it takes the most time -- the key is to build time for coaching into your schedule, and train your business development managers to be coaches.

2) How do you measure success? When the people on the marketing and business development team express satisfaction in their jobs and their career paths; and when they stay and grow into new positions, that provides a true feeling of success. Success is when the firm’s overall performance is positive in any of the areas that our team touches. From improved client-retention rates to strong growth in the Key Client team program; from an improved RFP win rate, to improved revenue-per-lawyer – myriad metrics should be used to measure success. (I am not saying we have achieved all of this, but it is our mission to.) Ultimately, I think you measure success in the CMO role the same way you measure it in life: how many people did you help along the way, and is the firm (or world) a better place because we were in it. That one never gets old.
November, 2011
 

Tea Hoffmann
Chief Business Development Officer

Baker, Donelson, Bearman, Caldwell & Berkowitz, PC

1) What is the most challenging aspect of your job?
The most exciting aspect is seeing the "light" go on in our lawyers' eyes when they grasp their potential to develop business and know hat our team has been a part of helping them achieve that success.  The most challenging is figuring out which "switch" will turn that light on for each individual lawyer.  There are no "one size fits all" solutions and as we have grown, we have customized and reinvented programs, and best practices to fit individual needs.

2) How do you measure success?
By bottom line firm revenue growth.  If ROI is not clearly evident in the bottom line, we have failed to do our job.  We track all of our Baker Donelson and marketing activities using a dashboard and communicate with firm leaders to confirm metrics.


October, 2011


Kelli Wight
Director of Business Development

Cassels Brock & Blackwell LLP


1) What is the most challenging aspect of your job?
It may sound absurd, but I’ve always compared my role to Melanie Griffith’s character, Tess, in the movie ‘Working Girl’.  In that movie, Tess gathers a lot of information from various unlikely sources and pulls it together to create an innovative business strategy that none of the experts would have thought about on their own.  As the Director of Business Development, I have the chance to be ‘Tess’ almost every day.  Because my job enables me to spend quality time with a very broad spectrum of people inside and outside of the firm, I’m often aware of ideas, opportunities or emerging trends that our lawyers might not come across in the scope of their work; and it’s very satisfying to be able to find those synergies that lead to unique opportunities with prospects, industry groups or the media.  I’m fortunate that I have a great team behind me , so now I’m able to spend most of my time on proactive projects focused on thought leadership and training in collaboration with our management group.  In addition, we’ve established an exceptionally strong planning culture at Cassels Brock, and we’ve put excellent processes and systems in place for support, so it’s extremely rewarding to see the movement away from random acts of marketing to more purposeful team initiatives with an expected return on investment.
  
2) How do you measure success?
Top line revenue growth and increased profitability are, naturally, the best indicators of success.  It’s not a clever observation, but it’s true.  For a long time I’ve followed the informal ‘Rule of 1%’, where I ask myself  (and the lawyers involved) if marketing expenditures are likely to yield sustainable revenue equal to 100 times the investment.  If not, there needs to be a good alternative business case for undertaking the plans or activities.   Of course, there are always exceptions to the rule, especially when you are investing in people or growth areas that are critical to the future of the firm.  Even in those cases, you should see an increase in activity levels and prospects ‘in the funnel’ even if there is not an immediate financial return.  To that end, we’ve really focused on our senior associates and younger partners to ensure that they have the resources and support necessary to expand their own books of business outside of the work they’re inheriting from the senior partners.  An accelerated business development program we launched with 12 junior partners last November (based on Jill Weber’s Fast Forward program at Leonard Street) has been extremely beneficial in this regard.  Well-planned business development investment time has increased almost 50% among this group, and the participants have even been getting together on their own outside of the formal meetings and training to share best practices and collaborate on sales calls.

September, 2011
 

Eric Fletcher
Chief Marketing Officer

McGlinchey Stafford, PLLC
1) What is the most challenging or exciting aspect of your job?

I believe the most challenging aspect of the job of most legal CMOs is fostering and instigating a proactive mindset in an industry that has historically been reactive in nature – and, by the way, enjoyed enormous growth in the process.  In this environment there has been some sense that opportunism and professionalism are at odds with each other.  In an environment based largely on precedent, change agents have an interesting challenge.  And, as is so often the case, this challenge is at the heart of what makes our work exciting.  We are working with extremely successful women and men to chart what is often completely new territory.  This makes for exciting days.

2) How do you measure success?

Three things are central to evaluation and measurement: 

a) On the continuum of Reactive-to-Proactive, are we increasingly investing more resources in  efforts that are nearer the proactive end?

b) Are we engaged in increasingly productive working relationships with individual lawyers, and team/practice leaders in a way that facilitates and supports strategic business development efforts?

c) What is the rate of incremental revenue growth in the areas where we have strategic influence / input (measured over 18 – 24 months)?


 
 

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