header-logo header-logo

13 August 2019 / Neil Turnbull
Categories: Features , Profession , Legal services , Company
printer mail-detail

Business development: time for some strategic thinking

After his recent appointment as head of strategic partnerships at Simpson Millar, Neil Turnbull highlights the importance of relationship building within the legal profession
  • Strategic partnerships and building credibility.
  • Bridging the gap between the lawyers and the law firm.
  • Measuring the success of the strategic partnerships.

Strategic partnerships are integral to many businesses spanning most sectors; with the notion of building a relationship between two commercial enterprises often seen as a positive means by which to build credibility with relevant audiences and, certainly within a corporate environment, drive revenue.

In large organisations this role is assigned to a dedicated individual, or team of individuals, who are responsible for identifying, establishing and maintaining said relationships, while focusing on capitalising at every given opportunity.

The legal profession has been less proactive in establishing this approach, with the lawyers themselves often tasked with the responsibility of the business development/marketing side of the practice on top of their caseloads.

A decision that has merit—given the in-depth understanding of what relationships would work, and why—but one that is perhaps

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Anthony Collins—20 promotions

Anthony Collins—20 promotions

20 promotions mark major people investment at national law firm, Anthony Collins

Sidley—Elaine Whiteford

Sidley—Elaine Whiteford

Sidley adds competition litigator Elaine Whiteford in London

Charles Russell Speechlys—Claudina D’Costa

Charles Russell Speechlys—Claudina D’Costa

Charles Russell Speechlys welcomes Claudina D’Costa as Director of Client Development Marketing

NEWS
The 25th Pro Bono Week begins today until 6 November, with events hosted by law firms, chambers, law schools and charities across the UK
Aggressive sales tactics can add up to fraudulent trading even without proof of a particular deception or financial loss
Judges risk weakening their own independence by staying silent over government reforms, a leading public lawyer argues
A discount on damages does not automatically mean an equivalent haircut for legal costs in military deafness claims
Police powers targeting concealed identities at protests come with procedural conditions that could determine whether prosecutions succeed
back-to-top-scroll