Characteristics Seen at Reputable UK Bankruptcy Auctions
Posted by admin on Apr 30, 2009
UK Bankruptcy Auctions can be great places to find bargains of all types. From automobiles to antiques and collectibles, a UK bankruptcy auction can be the starting place of many excellent discoveries. The auctioneer and auction house really help make for a great auction. So, here’s some information to help you decide if the entity or person holding the auction is reputable.
Valuation is an Important Aspect of a Bankruptcy Auction
Whether it’s a restricted or government auction, the group or person who holds it should be accomplished in valuation. This means that they’re able to appoint fair prices or reserves (minimum bids) for the items being offered in an auction, despite what kind of auction it is, case in point, an auto auction or business bankruptcy auction. In plenty of instances, all assets of a bankrupt person or business are put up for bid; this is known as a “turnkey auction”.
The reasons for assembling a bankruptcy liquidation auction are countless. One reason could be that someone is reducing inventory, remodeling, or perhaps scaling back costs. Thus, the auction house should be familiar with a large assortment of industries, indicating that it has the skill to ascertain the proper price of everything from computers to office equipment to heavy machinery to retail store fixtures. Seeing as how auction buyers and sellers are almost similar in some sense, the auction needs to cater to the needs of both parties. To avoid liability, any auction house should have indemnity and liability insurance. It also should maintain sound banking practices that will facilitate transfers of monies to winning bidders in a timely fashion. While charges are levied, they should not be exorbitant. Many auctions charge on a sliding scale that’s often a small percentage of the item’s selling price when the gavel falls.
Bankruptcy Auctions : A proficient auction house is a critical component of UK bankruptcy auctions and should be chosen with great forethought and consideration.
Law Firm Marketing 101
Posted by admin on Apr 30, 2009
Before you can effectively employ the strategies of law firm marketing, you will need to clearly understand precisely what “legal marketing” is. Many attorneys confuse “marketing” with “advertising”; in fact, the two terms are often used interchangeably. That is a mistake because they don’t mean the same thing, not at all.
When in doubt, go to the source for an explanation. Following is how Merriam-Webster defines marketing: To expose for sale in a market or to sell; to deal in a market.
No wonder so many attorneys are confused about “legal marketing”, even the quintessential word gurus are not clear on the meaning. Marketing for lawyers is like any other form of marketing and simply consists of building relationships with people and sharing with them how you can help them.
You need to be able to present clear, compelling reasons why your clients need you and your firm. That will take a little bit of homework on your part. Know exactly how the client will best benefit from your services and tell them about it. Tell them about it over and over and over again.
The failure to find and retain more clients is fundamentally a marketing failure; it truly is that simple. Here are four keys that will help you make marketing your law firm easier.
To be an effective form of legal marketing, the message and image you present must meet the following four criteria:
1. Consistency is the key to success: Once identified, continue to reinforce the same reasons why your clients need you. If you do not stay on point, you run the risk of confusing them. Repetition of your core message is essential to successful marketing for lawyers.
2. Keep it short - Keep your message short and to the point. Choose your words carefully when engaged in legal marketing; people do not have the time or interest in reading dense paragraphs. Keep it clear of legal terms and focus on presenting solutions, not a litany of your legal services.
3. Share your enthusiasm - Your belief in your law firm marketing is contagious; share the wealth! Without implementing this key component, you run the risk of getting lost in the crowd. Once lost in a crowd, it is very difficult to re-establish why you are better than the rest. Too many attorneys make the mistake of trying to appear so professional that they end up being boring. This is the most deadly marketing mistake a attorney can make.
4. Communicate at their point of need - If you are not telling them exactly what it is they need from you (what they absolutely must have that only you can provide), you will be wasting your time and energy. Marketing your law firm is different than marketing other kinds of professional services, but to build a bridge to your prospective client, you must come down out of your “ivory tower” and meet them at their point of need. Strive to connect with them emotionally as well as cognitively.
Frequently, the best answer is the simplest and it is right under our noses. Your law firm marketing strategies must be consistent, concise, compelling, and contagious. Follow this notion and you’ll see results immediately!
