Do You Think Lawyers Charge Too Much or Too Little?

No Comments »

To determine whether a lawyer is charging you too much or too little, you need to look at the value of what you are getting for your money. Are the services you are receiving worth the money you are paying out? If you hire a less expensive attorney, will you get the same quality of service? How important is the end result to you?

 

You need to find a lawyer who will give you a comfortable balance of the highest level of service at the lowest price. Contact several attorneys and ask for an estimate to determine what is a reasonable cost based on your needs. Never forget the old adage that you get what you pay for.

 

Obviously, if you are suing someone over a matter of a few hundred dollars, you don’t want to rack up a thousand dollars in legal fees. But as the value of your lawsuit grows, the higher fees may seem worth it. Because a win is not guaranteed, using a higher profile law firm with more resources and a good track record may be the difference between a judgment in your favor or a dismissal of your case.

 

Remember, you will pay for the name and reputation of the law firm you hire, but that still does not guarantee a legal victory. If you’re dealing with a criminal case, you have more at risk than just money. Your personal property and even your liberty may be at stake. You need a lawyer who will give you the best chance of beating any charges against you.

 

When you are determining what value you are receiving for your legal fees, you need to look at the whole picture. You may only spend a few hours with your attorney and have a bill well over a thousand dollars. You may ask how someone can justify billing hundreds of dollars per hour. No one makes that kind of money in the non-legal world!

 

Chances are your lawyer is not making that kind of money either. Your payment does not go directly into the lawyer’s pocket. He or she has to pay their secretary, their paralegal, the rent, the electricity, the phone bill, the janitor, and any other overhead. Your fee pays for everyone who worked on your case, and that’s not a lot per person per hour now.

 

Also take into consideration your attorney. You are paying for his or her expertise. This person studied for many years (and accrued a vast student debt) to provide you with a level of service that you may not get elsewhere. This is the true value of your lawyer’s time, and the bang for your buck, so to speak.

 

There are shysters out there who will gladly take your money and provide you a low level of service. Yes, they charge too much for their services. But if you take a close look at what value you are receiving for your legal investment, you can find a lawyer who will give you the level of service you require at a price that won’t break your budget.

 

dont copy this! its protected

Considering Estate Lawyer Fees in Philadelphia

No Comments »

Are you considering hiring an estate lawyer in Philadelphia but are worried about fees? Estate Law can be a complicated process including complicated family wills and probate tax issues. Today I will explore some of the most popular questions you may need answering before contacting your new probate lawyer. Read on to learn more about the most common things you should consider before signing any agreement with an estate lawyer in Philadelphia.

 

  • Are there any initial consultation fees? – On your first meeting with your estate lawyer you need to ask if there is any cost involved in the initial session. A good experienced Lawyer will not charge you any fee for the initial conference. Use this session wisely to fully understand the fee policy going forward so that you can decide if the estate lawyer is suitable for you.

 

  • Are there any contingent fees? – During your initial meetings your estate lawyer should be able to predict how long and costly your service will be based on the complexity of your estate and the Will. However it is important to clarify if there will be any contingent fees should things crop up along the process. A good experience  lawyer should not charge any contingent fees other than those outlined in the fee policy.

 

  • Do you have to sign a fee agreement? - A well-drawn up fee policy agreement is in both your interest and that of the estate lawyer. This is sort of a contract that is signed to agree on the fee prices and time expended in rendered services. This can also be known as an engagement letter. Although it is rare, should anything go wrong with your estate process then you can always come back to reference this agreement.

 

I hope that I have helped to explain the most important initial questions that you should be looking to consider when signing up with a probate lawyer in Philadelphia. A good experienced lawyer will pay for himself in the long term, however it is important that you fully understand the estate lawyer’s fee policy from the beginning of your journey. Work out the total estimated fees and avoid any estate lawyers that may charge unknown contingent fees. Read your agreement letter carefully before signing and you should be best protected and receive the highest value from your estate lawyer in Philadelphia.