Businesses and business owners are always of the mindset of seeing activities through the lens of the return on investment (ROI): ‘If we spend this much money, will our return be greater than what we laid out?’
Should the likelihood to this question be no, then the business will move on to another option.
This same principle applies to the legal field. Unless appointed by the court, lawyers do not work for free and depending upon your case and resources, the degree in which the attorney charges you will vary from one end of the scale to the next.
So how best to formulate your decision? What will be your internal metrics to deciding if an attorney will make for a positive ROI or not? Here we will outline some core questions that you should ponder when analyzing the choices at your disposal.
What is the Attorney Cost?
Even entering an attorney’s office for a general consultation can be a costly exercise depending on the nature and brand of the practice. Should you happen to proceed beyond that point in time, then the lawyer will be able to communicate what their costing situation is for the client. Are they on an hourly rate or a retainer? What is included for travel, for printing, sourcing witnesses and extra duties? Obtain this information first before proceeding further.
Is Your Case Worthy of a Lengthy Legal Battle?
Should you be facing a $1000 fine for a minor misdemeanor, is it really worth your time battling in court for 3 weeks? By that time you will have set yourself back thousands of extra dollars in fees. By accessing an initial estimate, you can decide if an attorney is worth your time.
Does Your Union Provide Representation?
There are certain Miranda Rights that protect those of individual citizens and workers. In the latter’s case, unions can be utilized whereby a collective bargaining agreement can ensure that a wrongful dismissal or instance of discrimination can be fought and won without the inclusion of a hired attorney. There are also insurance resources that cover for legal protection in some instances.
What is Your Timeframe?
The ROI might not always be a financial matter when thinking about the consequences of a lost case. Sometimes a client will have to bring aboard an attorney if important documentation has to be lodged before a deadline or a court order is specified to a certain date. The luxury of deciding on the pro’s and con’s of an attorney is only for those who have time to consider the option, not for those where a time limit is imposed and you require expertize immediately.