law firm business

Business Development Case Studies

If you’re in a media, design or different creative-type enterprise, it is definitely a “plus” if your lawyer might help you register your products and services for federal trademark and copyright safety. Generally, though, these duties are performed by specialists who do nothing but “intellectual property” legal work.

Some attorneys count on to be reimbursed for meals, secretarial overtime, postage and photocopies, which many people consider the prices of doing business. If an sudden cost comes up, will your lawyer call you for authorization? Agree to reimburse only cheap and needed out-of-pocket bills. Is this individual actually a frustrated businessperson disguised as a lawyer?

If you think one methodology will work better for you than one other, don’t hesitate to deliver it up with the legal professional; many will offer flexible arrangements to fulfill your needs. When you hire an lawyer, draw up an agreement (known as an “engagement letter”) detailing the billing technique.

Some legal professionals get bored with being on the skin trying in in relation to enterprise dealings. Such a lawyer may try to second-guess your corporation judgment. Be cautious of a lawyer who takes too keen an curiosity in the nonlegal aspects of your work.

If more than one lawyer works on your file, be sure to specify the hourly price for each particular person so you are not charged $200 an hour for authorized work done by an associate who solely charges $seventy five. This agreement should also specify what expenses you’re anticipated to reimburse.