How to minimize legal fees
You may find it intriguing that we address this issue and provide pointers on how to minimize legal fees and costs.
The truth of the matter is that we wish to develop a long term relationship with our clients and provide them reasonably priced solutions for their legal needs. Charging high or unreasonable fees to our clients is not a very good way to achieve this objective.
Here are a few pointers on how to minimize legal fees and costs and maximize your benefits from our services.
Be prepared.
Know what you want us to do. Make sure we have all relevant facts and documents, presented in a coherent, orderly fashion.
Be educated.
The more you know about your case or transaction, the better we will be able to serve you efficiently and productively.
Avoid emotionally based decisions.
Take a step back and look at the big picture. After all, legal decisions in business should be taken with a business mindset with an assessment of risk/reward and cost benefit. The "I will win at all costs" or "They will pay" attitude is based on emotions and not sound business senses.
Provide guidance.
Inform us of the goals and issues you want addressed. After all, we can't guess what issues you may be most concerned about.
Follow our advice.
You are retaining our services because of our experience and expertise in legal matters. Most likely we have had similar cases to yours in the past and the advice we give you is based on our knowledge and experience. Paying for our advice and not following it or implementing our recommendations is wasteful.
Inform us of your budget.
Let us know at the beginning of the file the amount that you are prepared to spend on the matter. This information will help us decide on the course of action to take for your file and the strategies to adopt. But be reasonable - to do a good job, any lawyer needs to spend time discussing the matter with you, drafting, researching, and possibly negotiating.