Is business travel back? Why some law firms believe networking in-person is key to business development

Is business travel back? Why some law firms believe networking in-person is key to business development

In March 2020, the global travel industry came to a screeching halt with the onset of the COVID-19 pandemic. Almost overnight, companies everywhere embraced virtual meetings, events and conferences moved online, and Zoom became a household name.

Over two years later, with vaccinations more widely available, firms are increasingly returning to the office 鈥 and to in-person connections. According to Deloitte, while corporate travel remains below 50% of pre-pandemic spend, hampered by the prospect of rapidly-changing travel restrictions and regulations, numbers are slowly beginning to rise.

For law firms, this is a vital moment, offering an opportunity to refresh pandemic-era business development (BD) strategies. This is true for smaller, regional firms, as well as international ones. According to a new report by 桔子视频, which explores the methods of organic growth used by leading UK law firms, 30% of small firms named strong client relationships as the most important aspect of their growth strategy. With in-person meetings traditionally playing such a key role in building client relationships, it鈥檚 unsurprising that some firms are keen to return to post-pandemic levels of travel, both nationally and internationally. In fact, Deloitte found that sales visits are the top reason for venturing overseas, with 43% of respondents ranking face-to-face BD engagements as one of their top two drivers for corporate travel.

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Industry-wide momentum

Peter Jackson, Chief Executive at international commercial law firm Hill Dickinson, has seen a shift in the industry-wide approach to travel over the past year. While the pandemic allowed lawyers at his firm to strengthen some of their client relationships, meeting 鈥渕ore regularly and more constructively鈥, communicating via a screen made it more challenging to build brand new connections.

鈥淚ncreasingly, now, we are seeing a return in the demand for face-to-face contact鈥, he says, 鈥渁nd this is a sector-wide trend. If you don鈥檛 embrace it, you are in danger of missing out on certain opportunities.鈥 The firm is now looking at how to balance the return to business travel with its carbon neutrality ambitions.

The power of networking

While international travel may still remain off the table for some firms, there is a general consensus around the importance of in-person networking, whether that鈥檚 by attending large-scale industry events or simply getting together with another lawyer or support team member for a coffee.

鈥淥ld fashioned networking makes a great deal of difference鈥, says Rosalind Connor, Managing Partner at workplace pension law firm Arc Pensions. 鈥淚n the end, people want to work with people they know and driving 鈥渨hole team鈥 engagement means that clients and referrers will always find the right person from the firm for a role or opportunity.鈥

Kingsley Napley has recently begun recommending that team members attend in-person face-to-face events, from training exercises to seminars in office or more social/activity-based occasions. 鈥淚n person events are now proving popular and a good way to reconnect with contacts and cement new relationships鈥, says Managing Partner Linda Woolley.

When virtual meetings still make sense

Despite the move towards in-person time, for some firms (and their clients), virtual meetings are still the preferred way forward. As well as keeping your carbon footprint under control, it allows everyone to save time and money, and keeps COVID risks low.

Ian Walker, Director at Ian Walker Family Law & Mediation Solicitors, has been able to utilise regular digital communications to deepen relationships with clients. 鈥淚nevitably clients have embraced greater convenience afforded by videoconferencing and have increasingly transitioned from being clients to customers鈥, he says. 鈥淓ngaging with our customers concerning what they value in how we deliver our services and meeting their changing needs will be fundamental to staying relevant.鈥

While there is no sector-wide consensus on business travel, it is clear that the pandemic has shifted it from a default option to a strategic decision. Whether it鈥檚 to align with a particular partner or client鈥檚 preferred communication style, to cement relationships with colleagues or peers, or to secure a new case, it is best to be flexible and receptive to your team鈥檚 preferences, minimise risk and avoid dogmatic approaches.


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About the author:
Dylan is the Content Lead at 桔子视频 UK. Prior to writing about law, he covered topics including business, technology, retail, talent management and advertising.聽 聽聽聽