How to Know When to Hire a Lawyer and Save Money in the Process

How to know when you need a lawyre

There is a mindset out there which reasons that lawyers are much too expensive and all they do is complicate things.

This can be especially true in divorce matters, which can go round and round costing the participants vast amounts of money and delaying the final paperwork for years to come.

If your divorce is filled with quarrels, and there are lots of assets to be split up than common sense will tell you it will take more time and money to come to an agreeable conclusion.

However, there are some creative strategies you can use to get your fees reduced.

For example, if you and your soon to be ex-spouse can negotiate an agreement among yourselves and divvy up all the property and cash that you own then that would save time, money and reduce stress.

You could also think about hiring a mediator, it can lower costs and make the process go much smoother.

Have a conversation and decide whom all that money should go to, yourselves or the lawyer, that might help you decide to co-operate with each other.

Once you and the other party have decided how everything should be divided, your lawyer may agree to see the two of you at the same time. Then all that would need to be done is have you both sign the agreement and file the paperwork.

That should get you that coveted piece of paper entitled “Divorce Certificate” costing you much less in time and money. Remember the issue you are facing may be a highly emotional one for you, but for your attorney, it is just another file.

Here are a few other examples when doing it yourself may be just too complex:

Personal Injury Claims

I know you want to get the best possible settlement. An experienced personal injury lawyer can help you decide how much compensation you should seek and whether you have a good chance of winning.

Dealing with an insurance company by yourself can be very intimidating especially since the adjuster is trained to save the company as much money as possible by reducing the amount of compensation rewarded to you.

The best case scenario would be settling out of court in which case a lawyer would have the ability to negotiate this for you.

Starting a Business

Yes, it is possible to start a business without hiring a lawyer. To start, make a visit to your local registry office. You will need to pick a name for your new business then do a search of the corporate registry to check and see if that name is available.

After registering your new name, you would need to set up a minute book, include by-laws, decide on your share structure and who your officers and directors will be.

Hiring a lawyer can make this process a lot easier though, because for most people it can be a complicated process.

Employment Disputes

Filing a case against an employer, such as wrongful dismissal is a tricky situation. To prove your case, you may need to produce witnesses and documents in court. A lawyer can advise you of the laws in your jurisdiction and whether you have a viable case.

Criminal Charges

Lawyers are the best-suited people to defend you against criminal charges; they can help you decide how to plead, they understand the rules of evidence, have access to private detectives and know their way around court procedure.

Estate Planning

You would probably be able to do a simple will on your own without too much difficulty. There is online software available for a much smaller fee than you would typically pay a professional.

When drafting a Will some things to consider are estate taxes, funeral expenses, and legal costs that your representative may have to deal with on their own, any instructions you are able to include in your Will could be very helpful.

When bequeathing a business or land, there are more things to consider than a simple form can give.

If you are planning on doing a Power of Attorney and a Health Care Directive, some law firms may offer these as a package and can save you a bit of money.

Real Estate

Again buying or selling a home without the guidance of a lawyer can be risky. If you are the buyer, the title would need to be changed into your name and any liens or mortgages recorded on the title need to be paid out and discharged, if there is a mortgage it has to be prepared and registered.

If you are the seller, then you want to make sure the Purchase Contract is correct, and the transfer to the new owner is properly executed and witnessed which is typically done by a law office.

Of course, you have the option of doing some or all the above without the help of a lawyer, but it doesn’t hurt to check out the alternatives.

Most lawyers will offer a half hour free consultation. At least then you can be armed with the knowledge of what your next move should be.

Keep in mind that lawyers charge for telephone calls, faxes, couriers, and searches. You may be able to save on these fees by doing some of the legwork yourself.

For instance, you could pick up and deliver documents saving on courier charges, and you can also limit the amount of phone calls you make to your lawyer’s office.

When you really need a lawyer’s help in solving a problem you are dealing with, and you don’t have the financial resources there are always options.

Most districts have Legal Aid available to help. Some law firms will allow you to make payments, and there may be agencies in your area that will help with paperwork for no or very little cost.

Thanks for stopping by and if you have any money saving tips of your own, please share them by posting them in the comments.

  • Putting this one in my back pocket, and pinning!

  • All of this info is so necessary! So many golden nuggets and A-HAs

    • I am glad you found it helpful. Thanks for the comment.

  • These are great tips! I know many of think about hiring a lawyer much later than we should.

  • My father is himself a lawyer and so I have never felt to think about these things before. Thanks to this article it opened eyes for many including me.

    • Hi Maitrayee, I’m sure if you ever had any legal issues your father would be the first one to help. I am glad you stopped by.

  • This is a great article! Bookmarking it! Many people don’t think of things until their actually *in* the situation and then it’s too late! Thanks for putting this out there.

    • Thanks Zesty, thanks for bookmarking and also your comment. Have a great day.

  • This is some great info to have on hand, especially for an entrepreneur, thank you!

  • Great info, appreciate the advice. Will save for later!

  • Hi Thena, thanks for the comment and for stopping by.

  • A lawyer for estate planning is so essential! If this step is missed, you end up in a messy court situation after a loved one is long gone. It takes away from the grieving process for those who are left behind as well.

    • Yes for sure it can be more stressful than it needs to be.

  • SC

    These are really useful tips! I’ll have to save them. Thanks for sharing. 🙂
    Cheers, Sarah Camille //

  • Hi Colleen,

    Thanks for this informative post. Hiring a lawyer is very important especially when it comes to going into any serious business relationship with anyone so that we don’t get our fingers burnt in the process.