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The majority of the inquiries we receive boil down to one issue that many business owners face: how can I locate and select the proper lawyer for my company? Many firms are hiring lawyers for the first time, and because legal fees can be substantial, this is a critical decision.
How do I find a lawyer?
The majority of businesses obtain lawyers through personal recommendations. Personal references do provide some "social evidence," but be sure to inquire about how your friend or colleague knows the lawyer and what type of work the lawyer has done for them. Someone who worked on a friend's lease a decade ago may not be the best choice for your current legal needs.
The majority of businesses obtain lawyers through personal recommendations. Personal references do provide some "social evidence," but be sure to inquire about how your friend or colleague knows the lawyer and what type of work the lawyer has done for them. Someone who worked on a friend's lease a decade ago may not be the best choice for your current legal needs.
How do I pick the best lawyer for my business?
It is critical to speak with numerous lawyers before making a decision, regardless of how you go about finding lawyers. Comparison can help you figure out what you like and don't like, as well as what kind of knowledge different advisors have and how they would approach any legal problem you're facing. Entrepreneurs frequently ask who the "best" lawyer is, but as long as a lawyer is qualified in the practise area you want, the "best" lawyer for you is often the one with whom you can envision developing a long-term connection and rapport.
Here are some questions to ask at a first session to get a better understanding of how a lawyer runs their firm and whether they are a good fit for you, your business, and your legal needs:
- How long have you been doing this for?
- In terms of industry and size, who is your typical client? (Read: Do they resemble me?)
- What are your main fields of expertise? What is the breakdown of the job you undertake on a regular basis?
- How often do you deal with problems like mine?
- What options do I have for fee arrangements? Is it a flat rate, an hourly rate, a capped rate, a contingency rate, or something else? Is it necessary to pay a retainer? What's your hourly rate? How much will other people's rates be if they work on my project?
- When do my bills have to be paid? Is it possible for me to view what you're invoicing in real time? Is it possible for me to pay them online?
These questions can help you determine whether or not a lawyer is a suitable fit for you. Remember that a solid working relationship with a lawyer may help you defend your company in the long run, so completing your homework up front can pay off afterwards.
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