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New Developments - Optimising Web 2.0 Technology: Expanding Your Professional Network

The saying goes: “It’s all in who you know.” When a corporate counsel needs a reference for a pressing matter in an unfamiliar location, relationships with peers can be a lifeline. But the professional isolation corporate counsel sometimes experience can make those relationships difficult to come by

The saying goes: “It’s all in who you know.” When a corporate counsel needs a reference for a pressing matter in an unfamiliar location, relationships with peers can be a lifeline. But the professional isolation corporate counsel sometimes experience can make those relationships difficult to come by.

The referral network for in-house counsel typically consists of informal knowledge sharing, where many discover new relationships through in person events, phone calls and emails to people they already know. However, there are limitations to this approach. And there is simply not enough time for legal professionals to attend scores of events and association meetings to expand or maintain their network of contacts. At a time when lawyers need to make these connections more than ever, what is a savvy corporate counsel to do?

Online networking can be the perfect complement, and supplement, to existing relationship-building approaches. Professionals are now able to extend their reach and be a resource to others through active online reputation management Web 2.0 tools such as blogging, participating in online forums and broadcasting their knowledge through podcasting, Webinars and online videos.

These online professional networks can help corporate counsel make connections with more people in more robust ways without the time and cost burdens of traditional networking strategies.

But Are Online Networks Here to Stay?

At the LegalTech NY conference in February, LexisNexis polled attendees on their interest and use of Web 2.0 technologies. Since more than 60 percent of legal professionals polled indicate they belong to some sort of online social or professional network, it’s clear that these networks and Web 2.0 technologies are here to stay. As these numbers increase, the value of these continues to grow.

Online Communities That Fit Your Goals

Online communities are not just Facebook and MySpace. Legal professionals should look for professional, online communities where they are able to engage in networking in an environment that allows them to strengthen the ties they already have, form new relationships and examine the body of work of their peers in a more thoughtful way. Think about with whom you really want to network and where you will derive the most professional value. Established communities and the professional networking solution Martindale-Hubbell is launching offer business leaders a great opportunity to make connections, demonstrate thought leadership and raise career visibility.

There are several factors to consider when searching for a professional domain that can make a positive impact on your career. Before investing time in Web 2.0 forums, consider the two main types of business focused online communities:

“Show What You Know” Online Communities

Social networks, such as LinkedIn or ZoomInfo, are dedicated to showcasing one’s background and personal connections. These kinds of online communities also offer opportunities for subject matter experts to answer questions online, and the results are displayed for members to browse. This is a good way to show what and whom you know.

Industry-Focused Online Communities

Another type of online community is industry-based, focusing on business people within a specific profession or industry. These social networks are typically closed or private communities and many, especially on the executive level, require an application and sometimes a fee. Industry-focused online communities create opportunities to share perspectives, problem solve together around salient topics of inquiry and discuss new trends and industry happenings. This is a great way to increase knowledge and network at the same time.

With both models, it is critical to understand and respect the culture of the community in order to be successful. It is best not to jump in feet first but to spend some time learning about the ways in which the group works. Be sure to introduce yourself if there is a welcome folder, and in short time, start to participate by offering ideas and opinions. Professional online communities are about information sharing and not about promoting your business and service. Rather, thought-leadership is the currency for advancement and the main way to gain respect online.

For more information about Social networking and martindale.com please email international2@martindale.com

Finding an Online Community That Will Work for You

1. Look to industry associations; many are adding a community focus.

2. Check out industry publications that incorporate a Web 2.0 focus.

3. Connect with university communities and take advantage of alumni networks online.

4. Ask peers and mentors where they are networking.

5. Run an online search for key terms like online communities, virtual communities, social networks/ networking and Law.

Last updated - 23 April 09

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