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All You Need to Know About The Metaverse For Lawyers and Law Firms

 

With increasing competition in the legal industry, law firms have to update their marketing efforts to sustain their presence in the digital and physical setup. The best way to do that in the current digital ecosystem is by creating marketing strategies that can be easily accommodated in the metaverse.

 

The metaverse goes beyond the physical realm. Essentially, it combines the internet, virtual reality, and augmented reality. This space, although virtual, continues to exist even when you are offline.

 

The metaverse also creates many marketing opportunities for businesses, including law firms. The realm is set to create numerous opportunities for businesses, customers, and clients alike. This guide will tell you all you need to know about metaverse law firm marketing.

 

What Is the Metaverse Really?

 

 

Think of a virtual world that is so real that it almost feels like real life. That’s precisely what the metaverse aims to be. The metaverse is a virtual land that includes immersive, interactive elements that you can control, shape, and tailor to meet your likings.

 

Whether you need an empty conference room to host meetings with your client, or you want to go on a shopping venture during work hours, the metaverse can offer it all.

 

In technical terms, the metaverse is a 3-dimensional condensed virtual reality that can be used to accommodate your personal or professional needs. For instance, the ideal examples of metaverse for personal use can include games like Second Life or World of Warcraft.

That said, businesses and law firms can also leverage the metaverse to increase their digital visibility and provide their clients with a better, more responsive, and convenient experience. Again, this is because this universe is explicitly engineered to offer opportunities that businesses cannot take advantage of in the real world.

 

For instance, if you want to work with your client remotely to prepare them for cross-questioning, you will not be able to do that proficiently without using digital tools. However, in the metaverse, you can create a simulated environment, avatars, and create a ‘real-life’ courtroom scenario to best prepare your clients for their court date.

 

The metaverse is crafted as a unified platform with cross-platform accommodations. This means that if you purchase a product or a service from one platform within the metaverse, it can be easily transported to another realm within the universe. For example, let’s say your law firm hosts a meeting with high-priority Chinese clients at a board room within the metaverse. To make an excellent first impression, you may want to send them a complimentary bottle of wine. The metaverse will allow you to do just that.

 

In the metaverse, you will purchase tangible and digital goods that can be delivered to the client’s door in the real and virtual world.

 

But that’s not all. Your law firm can also prioritize its growth by purchasing real estate, providing virtual services, hosting events, providing workshops, and more.

 

Components of the Metaverse

 

 

While the metaverse became readily known after Facebook’s rebranding to meta, its foundation has been forming for quite some time. Blockchain technology was the first piece in the inauguration of the metaverse. Blockchain is a digital archive of transactions replicated and circulated across a network of systems on the blockchain.

 

The mainstreaming of cryptocurrencies has also added to the creation of the metaverse. This has played a significant role in the progression of the metaverse, as cryptocurrency extends a safe and secure mode of making transactions in a virtual environment.

 

This is because cryptocurrency is built using blockchain technology, which is immutable and unhackable. This is a critical factor in a realm based on virtual reality to ensure mass acceptance. Businesses, in particular, necessitate the need for security and assurance in a virtual environment to make sure all the transactions made are safe, secure, and protected.

 

Another progression towards creating the metaverse has been the authenticated representation of ownership, facilitated by the NFTs or the Non-Fungible Tokens.  Primarily, NFTs have been used to purchase digital art. However, in the metaverse, the NFTs can be used to acquire assets, including contracts, deeds, and leases of digital lands, homes, and other entities. As most objects become tokenized, interactions within the digital realm are being implemented, thus giving birth to the metaverse.

 

Law Firm Digital Marketing in the Metaverse

 

The metaverse will become the future of digital marketing and other emerging technologies for legal marketing. All industries and businesses will eventually be required to take advantage of the platform to better connect with customers and clients and improve their business’s relevance and visibility in the digital atmosphere.

 

Law firms will be no exception. From search engine optimization to running ads for your legal service, your business needs to stay ahead of the trends to build authority and a positive reputation in the legal world. So let’s look at a few digital marketing trends that you can leverage in the metaverse.

 

Metaverse Advertising

 

Advertising in the metaverse will help your law firm reach the relevant audience. Moreover, since the metaverse is only expected to grow, your business can gain positive attention by running suitable, non-disruptive, informative ads.

 

Running ads in the metaverse will be quite similar to law firm PPC. You will have to create an ad copy, identify your target audience, and increase your reach by getting your ad placed in front of the right demographic.

 

That said, the concept of advertising in a virtual environment is not entirely new. For example, VR games feature many in-game ads that appeal to gamers. However, since these ads are non-disruptive, they are more effective in increasing the CTRs. Additionally, in-game ads also add a degree of realism, which ultimately increases brand awareness.

 

In the metaverse, the types of ads displayed can vary. For instance, your law firm can combine the elements of traditional and digital marketing by featuring a billboard ad about your legal services in the metaverse.

 

Additionally, you can also run your ads in the metaverse during virtual events, especially when targeting that audience.

 

Search Engine Optimization in the Metaverse

 

 

Another factor you will need to consider is Search Engine Marketing (SEO) in the metaverse. SEO plays a central role in marketing products and services in the digital atmosphere. Essentially, without a proper SEO strategy, your law firm will be lost in a pool of thousands of similar service providers.

 

As the metaverse will host global businesses and individuals, staying relevant and visible will be more critical than ever. This is why it is imperative to plan your law firm’s SEO for the metaverse.

 

For this purpose, you can take assistance from a metaverse SEO strategist. These individuals can help you build a digital personal and a marketing campaign to increase your rankings in the SERPs (search engine results pages) for specific key terms and phrases.

 

Taking this initiative will help you stay ahead in the SERPs and direct more relevant traffic to your website while also increasing your existing clientele. Metaverse SEO marketing will focus on the following factors.

 

Focus On The Visuals

 

The metaverse will be parallel to real life, but it will be virtual. Essentially, the creation of metaverse includes a partnership with Oculus and Cisco to formulate Holographic Webex devices that record eye movement. At the same time, the user finds their way around the expansive, open-world, virtual universe.

 

Taking that into account, you will be required to integrate analytics in your SEO approach to ensure that relevant user data is collected. This will help you modify your future campaign to meet the needs of your target demographic. For instance, if you post a legal ad, you can track eye movements to assess the effectiveness of its various components. If the audience reacts positively, you can use that information as the foundation for engineering future campaigns

 

Moreover, the metaverse SEO campaigns for law firms will also require AI (Artificial Intelligence).  With technologies like chatbots or AI-powered avatars, you can quickly resolve your customer queries and convert leads instantly.

 

For instance, a bankruptcy lead visits your webpage and makes inquiries about your services. If these queries remain unresolved, there is a significant chance that the lead will leave the page, and your teams may not be able to reach out to them. However, you can instantly answer all clients’ queries with an AI-powered avatar to increase your conversions.

 

Keywords Continue To Rule

 

Keywords have always been the defining feature of SEO, and that is not expected to go away any time soon. Although the metaverse is a visual-focused environment, your legal content should still be optimized using high-quality, relevant, and high-volume keywords and phrases.

 

This is because, with the visual feature, you will only be restricted to seeing and interacting with the environment in front of you. Therefore, users will either use AI to conduct searches or explore the environment to seek the answers they want.

 

As a result, your SEO campaign should optimize the content using keywords and phrases that respond well to voice commands. Moreover, if you add imagery, you will have to add relevant alt-text indexations to create a compelling visual strategy. You can also integrate the keywords as alt-text indexations to optimize the displayed content.

 

Wrapping Up

 

The impact of the metaverse for all industries, even the legal community, will be drastic. However, since the virtual space is still under construction, your law firm still has ample time to refine and perfect your metaverse marketing campaigns.

 

If you are ready to take law firm digital marketing to the next level, contact Gorilla WebTactics. We can engineer a strategic marketing campaign that fulfills all the requirements of the metaverse and allows you to market your services to nearby prospects and leads.

 

 

David Juilfs

David has 15+ years in marketing experience ranging from traditional print, radio and tv advertising to modern day digital marketing for law firms and lead generation software. He is a multi-award winning marketer and has also volunteers his time with SCORE as a business coach/consultant to help businesses get better leads, more business and higher ROI. You can contact him at [email protected]

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