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> My advice would be establish a good working relationship with a lawyer in the firm that you trust, continuously send work. Ask estimates if you are on a tight
by IgorPartola 3y ago
> My advice would be establish a good working relationship with a lawyer in the firm that you trust, continuously send work. Ask estimates if you are on a tight budget. But do not be cheap and try to get things done with less budget. Law firms provide a service you need, if you pay them decently you'll receive your money's worth. Lawyers will literally take a bullet for you to make things happen when you need them.
What’s the order of magnitude here? There have been times in my life where I would have found having a lawyer on standby to be incredibly helpful (e.g. car purchase gone bad, property usage rights dispute, etc.), but at the same time spending $100k a year to have a lawyer on standby to resolve an issue of $5-10k in magnitude is foolish.
- themagician 3y ago$2-5k for a retainer. Less in many places.
- ornornor 3y agoYou could try legal insurance. Costs about 200$ equivalent/year where I live, then I have a place to ask legal questions and escalate as needed. I think they cover the first 150k$ worth of legal costs with any lawyer I pick if it goes that far and their in-house lawyers can’t get the other party to back down.
- terminalcommand 3y agoMost of the times you do not pay for stand by. If there is work to do your lawyer charges you in billable hours. That is the point of the billable hours system. For larger projects you can get a fee estimate, fixed quote or agree on a hybrid solution. I am also talking about corporate law work. Maintaining corporate records, lease agreements, employment agremeents, director changes et.