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How to Save Money on Legal Fees

legal-feesLegal services are not cheap, so unless we’re really in trouble, most of us avoid hiring a lawyer like the plague. But getting proper legal advice is really important in order to limit liabilities and protect our assets. So figuring out how to save money on legal fees can be a huge advantage, especially for business owners and people that own assets.

The following information provides some simple tips and tricks you can use in order to save money on legal fees.

Do as Much as You Can By Yourself 

Sometimes, you don’t really even need a lawyer’s help. You may be able to research your legal issue yourself online and get the answers you need. Sites like Quora and NOLO have a wealth of free legal information. There are many sources of free legal documents and templates online that you can make use of too.

Even things like forming an LLC can be done pretty easily without a lawyer. You just have to file the appropriate paperwork through your Secretary of State’s office.

But, it’s not always the best idea to go the do-it-yourself route, and the more you have at stake, the more you should consider finding a lawyer to advise you and help you through these situations.

Compare Rates

This one may seem obvious, but many people fail to do it and just end up hiring the first lawyer referred to them.  Just like when you’re shopping for groceries or clothes, it’s a good idea to shop around and compare prices before you buy.

There are some drastic differences in lawyer’s prices, and many times, those differences are not accompanied by differences in quality.  Lawyers with more years of experience or a larger client base will often charge more. But that doesn’t mean that there aren’t lawyers out there willing to charge less for equivalent levels of service.

There are hundreds if not thousands of qualified lawyers in your area. The more price quotes you get, the better chance you will have to save money on legal fees. So ask around before you find a lawyer to hire and make sure you compare prices.

Negotiate

Lawyers can be intimidating to work with sometimes, but at the end of the day, they’re really just regular people like the rest of us. They have to do legal work to earn a living and provide for their families.

So when you discuss prices with them, keep in mind that it never hurts to ask them if they can do your service for less. Chances are, they’re interested in landing you as a client and willing to negotiate to make it happen. It also helps if you have a few different price quotes from other lawyers that you can use for extra bargaining power.

Conclusion

It’s hard enough for most people to get by financially in today’s economy, so adding expensive legal services to the mix just isn’t feasible for some people. However, prices shouldn’t be the reason you forego getting proper legal advice and protection for yourself and your family. Make use of these tips so that you understand how to save money on legal fees, and get the protection you deserve.

At LawKick, we offer a free service to get price quotes from lawyers on a variety of common legal services, from DUI defense, to starting a business, to drafting a will. Check it out to make sure you get the best price possible and save money on your legal fees.