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Cranking up your content marketing:

What GCs want.

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“Firms need to stop thinking about GCs and CLOs as lawyers and instead approach us as legally-minded business owners -

but many just aren’t there yet.”

Chief Legal Officer at a leading US Cloud Services Firm

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How can firms approach GCs & CLOs as legally-minded business owners?

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SAM PAGE

MARKETING DIRECTOR, PASSLE

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GENERAL COUNSEL SURVEY 2023

How General Counsel for the world's largest businesses engage with thought leadership.

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How can firms approach GCs & CLOs as legally-minded business owners?

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100 GCs AT LARGE FIRMS

US

UK

0

20

40

60

Less than £10m

£10m to £100m

£101m to £500m

£501m+

Breakdown of respondents by business revenue

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50:50 SPLIT BETWEEN UK & US

US based

50%

UK based

50%

Breakdown of responding GCs by region

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Financial Services

13.1%

Retail

13.1%

Healthcare/Pharmaceutical

12.1%

Oil & Gas

12.1%

Technology/Media/Telecoms

12.1%

Infrastructure

11.1%

Manufacturing

10.1%

Professional Services

9.1%

Public Sector

7.1%

Law Firm

0%

Other

0%

Breakdown of responding GCs by industry

ABOUT THE RESEARCH

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THANKS TO OUR RESEARCH PARTNER

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THANKS ALSO

PHIL McGOWAN

GLOBAL DIRECTOR, CORPORATE COMMUNICATIONS

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HOW & WHY GCs

CONSUME CONTENT

CONTENT BEST PRACTICES

IMPLICATIONS

FOR FIRMS

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HOW & WHY GCs

CONSUME CONTENT

CONTENT BEST PRACTICES

IMPLICATIONS

FOR FIRMS

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HOW & WHY GCs CONSUME CONTENT

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GCs TYPICALLY SPEND

MORE THAN 8 HOURS PER WEEK

CONSUMING CONTENT

9 to 12 hours / week

34%

13 to16 hours / week

29%

5 to 8 hours / week

16%

More than 16 hours / week

14%

1 to 4 hours / week

7%

How many hours per week do you spend staying up-to-date with industry news and developments

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ENGAGEMENT HAPPENS ON THEIR TIME

0%

25%

50%

75%

Weekends

Weekdays after work

During lunchtime

Between meetings

Before work

While commuting

In spare downtime

During the working day

Typically, when do you keep yourself updated with

current developments in the Legal sector

(% of respondents that indicated each answer, multiple answers allowed)

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WHY ARE GCs

CONSUMING CONTENT?

0%

5%

10%

15%

20%

To identify business opportunities

To generate thoughts/ideas

To support arguments

To find solutions to legal challenges

To keep up-to-date with current legal issues

To keep informed about industry appointments

To identify business threats

To keep up-to-date with case law

To assess the suitability of an advisor

What is the top reason you review content relating to news and developments in the legal industry

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HOW & WHY GCs CONSUME CONTENT

    • They spend typically more than 8h per week reading content

    • Content is consumed on their own time, often at the weekend

    • GCs have many different motivations for reading content

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How can firms approach GCs & CLOs

as legally-minded business owners?

    • Engage your audience regularly, on their terms

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HOW & WHY GCs

CONSUME CONTENT

CONTENT BEST PRACTICES

IMPLICATIONS

FOR FIRMS

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SINGLE-FORMAT CONTENT EXCLUDES MORE THAN 80% OF THE MARKET

Podcasts

14%

Webinars

13%

Newsletters

9%

Research/Whitepapers

8%

Tweets

7%

Lectures

7%

Email Alerts

6%

Feature Articles

6%

Video

5%

Press Releases

5%

Website Content

5%

News Items

5%

Graphics

4%

"Which content format do you use most often to stay up-to-date on industry developments and best practice"

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QUALITIES OF GOOD CONTENT

% of respondents that rank each quality either "important" or "very important" when it comes to thought leadership

0%

25%

50%

75%

Include sources

Produced by a legal expert

Actionable reccomendations

Timely

Detailed

Relevant to my needs

Brief

Uses media (infographics, video, etc)

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Agree

69%

Disagree

31%

69% OF GCs PREFER INSIGHT AND OPINION OVER INDUSTRY SUMMARY

"I'd prefer my law firm to give me their own insights on industry developments rather than summarise general industry thinking"

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95% OF GENERAL COUNSEL

ASSESS A SUPPLIER'S WEBSITE DURING SELECTION

"When you last engaged a legal supplier, which of these best described your assessment of their website?"

Partially Reviewed

54.3%

Fully Reviewed

40.7%

Not Reviewed

4.9%

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KEEP WEB CONTENT FRESH

"How frequently do you review the websites of your legal services suppliers?

0%

10%

20%

30%

40%

Daily

Weekly

Monthly

Less than monthly

Never

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CONTENT BEST PRACTICE

    • Content should be published in multiple formats

    • Content should be well-sourced, expert-written, actionable, relevant and timely

    • Include your insight & opinion

    • Web content should be prominent and regularly updated

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How can firms approach GCs & CLOs

as legally-minded business owners?

    • Engage your audience regularly, on their terms
    • Deliver helpful, fresh, multi format content

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HOW & WHY GCs

CONSUME CONTENT

CONTENT BEST PRACTICES

IMPLICATIONS

FOR FIRMS

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CONTENT IS SEEN AS A SUPPLIER'S RESPONSIBILITY

40%

Consider it a significant element of supplier responsibility

40%

Consider it a reasonable element of supplier responsibility

20%

Consider it a minor element of supplier responsibility

To what extent, if at all, do you feel your supplier law firms have a responsibility to keep you appropriately informed about news and developments in the Legal sector?

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THERE IS OPPORTUNITY IN KEEPING THE MARKET BETTER INFORMED

Only 1 in 12 GCs surveyed thought law firms worked hard enough to keep the market informed with relevant, timely, website content

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61% OF GENERAL COUNSEL

PREFER FIRMS THAT DEMONSTRATE SUBJECT MATTER EXPERTISE

0%

10%

20%

30%

40%

Agree strongly

Agree slightly

Neither disagree nor agree

Disagree slightly

Disagree strongly

Our firm would prefer to work with a supplier that demonstrated relevant subject matter expertise

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0%

10%

20%

30%

40%

Agree strongly

Agree slightly

Neither disagree nor agree

Disagree slightly

Disagree strongly

48% OF GENERAL COUNSEL WILL ONLY WORK WITH FIRMS THAT DEMONSTRATE SUBJECT MATTER EXPERTISE

Our firm would not hire a legal supplier unless they were demonstrating subject matter expertise

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64% OF UK GCs WOULD SEEK OUT A LAWYER BY NAME IF THEY READ THEIR CONTENT

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Agree

64%

Disagree

36%

64% OF UK GCs WOULD SEEK OUT A LAWYER THAT WROTE CONTENT

I am more likely to ask to speak to a lawyer by name if I've read relevant articles by them

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IMPLICATIONS FOR FIRMS

    • Content is seen as a supplier's responsibility

    • Clients prefer and often require that suppliers are seen to be subject matter experts

    • Content attributed directly to lawyers gives that lawyer an advantage in winning work

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How can firms approach GCs & CLOs

as legally-minded business owners?

    • Engage your audience regularly, on their terms
    • Deliver helpful, fresh, multi format content
    • Show your firm the importance of content

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How can firms approach GCs & CLOs as legally-minded business owners?

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How can firms approach GCs & CLOs

as legally-minded business owners?

    • Engage your audience regularly, on their terms

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How can firms approach GCs & CLOs

as legally-minded business owners?

    • Engage your audience regularly, on their terms
    • Deliver helpful, fresh, multi format content

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How can firms approach GCs & CLOs

as legally-minded business owners?

    • Engage your audience regularly, on their terms
    • Deliver helpful, fresh, multi format content
    • Show your firm the importance of content

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“As a major global business, I engage law firms in many countries...

...it would be helpful if they were able to proactively share updates that were timely and relevant to me, and that would certainly be

something that would make them stand out.”

President, Legal at a $70bn Global Petrochemical Corporation

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How can firms approach GCs & CLOs as legally-minded business owners?

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SAM PAGE

MARKETING DIRECTOR, PASSLE

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GET THE FULL RESEARCH

General Counsel Survey 2023

GET THE SLIDES

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Q&A