Be Thrifty with Your Legal Dollars
Lawyers calculate their fees by adding up the time spent on your case, so make sure your lawyer is using your time wisely. One way to keep legal fees down is by avoiding unnecessary calls and meetings with your lawyer. You can also keep tabs on your budget by requiring that your attorney get permission from you for expenses exceeding $200. And if you’re involved in a lawsuit of any type, it’s a good idea to meet with your lawyer quarterly to discuss the progress of your case as compared to your budget.
Elizabeth Gaudio Senior Attorney, National Federation of Independent Business Legal Foundation Washington, D.C.