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Updated almost 4 years ago on . Most recent reply

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Fahadbin Alam
  • Rental Property Investor
40
Votes |
160
Posts

What questions would you ask a Attorney?

Fahadbin Alam
  • Rental Property Investor
Posted

Hello Bigger pockets what questions should I ask an Attorney so I can better understand them and compare them to other Attorney?

Could you guys give me your top frequent go-to question?

Most Popular Reply

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Jerel Ehlert
  • Attorney
  • Austin, TX
758
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887
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Jerel Ehlert
  • Attorney
  • Austin, TX
Replied

As a lawyer, Avvo.com is best for family law, consumer law, and personal injury - lots of one-and-done type cases.

Bit of advice: Don't ask for a discount.  We will drop you like a wet sock.  I didn't get an undergrad degree, then 3 years of law school, sit the bar exam, and a colonoscopy of a licensing application to have potential clients tell me my hourly rate is too high.  Fell free to find a lawyer who's rate is within your budget.

Flat rate is a lawyer pre-packaging time for routine activities where the amount of time is relatively well known.  All litigation is a crapshoot.  In Texas, we are prohibited from giving guaranties by our bar, but I would never even if it were not verboten.

Big law, nation-wide firms, have nation-wide overhead that every billable hour must contribute towards.  If you are budget-minded, that's not your place to be.  They tend to recruit from top law schools and they will make sure you know it (and pay for it).  Ask for a discount there and you will be escorted from the building.

I guess I'm a bit different that what Levi described, in that I draft and review syndications AND do LL/T law.  But then, I started as an investor in the trenches before law school.  Instead of focusing on an area of law, I focus on a type of client: real estate investors.

  • Jerel Ehlert
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