TRP 03: Making it Rain during and after the pandemic with Cole Silver
Jun 15, 2020•23 min•Season 2Ep. 3
Episode description
In this episode of The Rainmaking Podcast, host Scott Love speaks with Cole Silver, Chief Client Officer at Blank Rome, about how professionals can continue making it rain during and after the COVID-19 pandemic. Cole shares insights from his extensive experience as a general counsel and client development expert, highlighting how the pandemic has forced professionals to rethink business development strategies. He explains that in times of crisis, clients evaluate services strictly through a return-on-investment lens, making it crucial for professionals to adapt their messaging and focus on delivering clear, tangible value. Cole emphasizes the importance of viewing clients holistically, providing empathetic support, and adjusting services to meet evolving needs.
Key topics include adopting a client-centric approach by understanding clients' full range of needs, even outside the traditional scope of services; maintaining empathy and safety in all client communications; and offering alternative fee arrangements and flexible payment options to sustain client relationships. Cole also discusses how professionals might need to pivot their practice areas based on market demand, shifting from low-demand services to those more relevant during the crisis. He stresses the role of trust, emotional intelligence, and authenticity in building long-term client loyalty, noting that clients will remember who supported them during difficult times. This episode provides practical advice for professionals looking to sustain and grow their business by deepening client relationships and adapting to changing market dynamics.
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Cole Silver serves as the Chief Client Officer for Blank Rome. In this role, Cole provides consultative client relationship support to the Firm and its clients, helping to identify and implement strategies and tactics to improve client satisfaction, expand into new areas of service, and ensure an outstanding client experience. With over 25 years of experience as General Counsel to several high growth companies, Cole brings an insider's view of clients' key legal concerns and what they want and expect from the outside counsel. He has authored books and trained numerous professionals in the areas of client development and service.
https://www.blankrome.com/
https://www.blankrome.com/people/cole-silver
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