If you are a small business owner, you probably need a small business lawyer on your speed dial. Or better yet in your iPhone.
There are so many legal requirements of running a business these days that it’s not easy to keep track of them all. Although the internet has created new ways to save money off legal fees, we still live in a litigious society where legal fees are sometimes the cost of doing business.
To assist you in deciding how to choose a small business lawyer, here are our Top 10 Rules for finding the right small business lawyer for you:
10. Ask Trusted Friends and Colleagues for a Recommendation.
9. Ask About Legal Fees and Costs.
If you are a small business owner, then chances are cost is going to make a difference. Ask the lawyer what their hourly rate is and what billing increment they use – most hourly lawyers will use 1/10th of an hour increments. If a lawyer works in a downtown high rise with a fancy lobby and 100 lawyers on their floor, you are going to pay more. If a lawyer has a small law office away from high-rent downtown properties, their rates will be lower but they may not have as much experience.
8. Find Out About Alternative Billing Arrangement.
One popular trend is for small business lawyers to offer alternative billing arrangements, such as flat fees for discrete projects, or a monthly retainer fee for unlimited phone or email consultations. It can’t hurt to task any attorney you are interviewing if they do offer such alternative arrangements.
7. Check on Industry Groups and Affiliations.
You may want to contact relevant industry groups or associations and see if they have recommendations. You may also want to find out if any attorneys you are interviewing belong to such industry groups, or if they regularly read journals, newsletters or blogs covering your industry.
6. Contact Local Bar Associations.
Another option is to contact the local bar association, which may have an attorney referral service. Often you can call up the local bar and describe what kind of attorney you are looking for and they will give you a number of attorneys to call. However, the local bar association may give you a number of attorneys to check out so you will definitely have to do further due diligence.
5. Check the web.
4. Check out Attorney Blogs.
3. During the Initial Interview, Ask a Lot of Questions.
Also, be aware that some attorneys charge for the initial consultation. You shouldn’t be offended by this, as it may mean the attorney’s time is in demand. Also, you will likely get valuable advice or recommendations even during the initial meeting so you will probably get your money’s worth. Many attorneys charge for an initial meeting as a way of avoiding prospective clients who try to get free advice during the initial meeting, with no intention of hiring the lawyer.
Nevertheless, you may want to ask if the attorney will credit the initial meeting towards your bill if you become a client.
2. Negotiate Over the Legal Services Agreement.
1. Be Willing to Fire Your Old Attorney and Hire a New Attorney.
Do you have any better recommendations for hiring a small business lawyer? Let us know in the comments below.
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John Corcoran is an attorney with Plastiras & Terrizzi in San Rafael, California (Marin County). He advises clients about real estate/land use, general civil litigation, and small business matters. He can be reached at (415) 250-8131 or jcorcoran@ptlegal.com.
Related Reading:
- Five Things to Know Before Starting an Internet Business
- How to Negotiate Like a Lawyer
- How to Appeal a Small Claims Court Judgment
- The 5 Biggest Mistakes of Parties Who Represent Themselves in Court Without a Lawyer
- How to Write A Demand Letter
Photo credit: Flickr/ Deputado Bruno Covas
