Hiring a lawyer on retainer means having expert legal advice on call 24/7 should you need it.
There are many different reasons why this is beneficial to you and your company.
Here are 6 of the biggest benefits to keeping a lawyer on retainer.
Trust
In a crisis, it Is essential that you have a trusted expert that you can call without a moment’s hesitation.
There are an almost unlimited number of emergency Glasgow Lawyers Aamer Anwar who will be happy to take your call and offer legal representation, but the value of having someone you can trust cannot be overestimated.
Many situations where you require legal aid are extremely distressing and the stress of trying to find a suitable lawyer at this time is an additional task you just don’t need.
Building a long-term relationship with your lawyer is invaluable. You will be happy to reach out at a moment’s notice and won’t feel the need to mask the whole truth in an attempt to avoid appearing foolish.
Openness is key to a good lawyer client relationship, and this is something that becomes a lot easier when you feel comfortable in their presence.
Preparation
Establishing a long-term relationship with a lawyer allows you to prepare properly for whatever crisis may occur.
Each business will have certain legal issues that are more likely to arise than others.
Through open communication with your lawyer, they will be able to brief you on the best way to handle such issues from the moment they appear through until resolution.
This preparation could be invaluable in securing an acceptable outcome in legal disputes.
Failing to have a lawyer could lead to costly mistakes being made in the initial stages that could prove fatal and valuable time that could have been used to build a strong case will be wasted in searching for representation.
Saving Money
Although you will have to pay a set fee to keep your lawyer on retainer, doing so will save you a huge amount of money should their services be required.
Working with a lawyer that you have never worked with before can be extremely time consuming as you will have to bring them up to speed on the nature of your business and the services that you require.
This will result in hours and hours of expensive conversation you will have to fork out for even before they can begin to actively help you.
Even worse you may end up paying for several hours’ consultation with a lawyer just for them to inform you that there is very little they can do for you in the limited time left.
Retaining a lawyer with an intricate knowledge of your operations and needs means that when the time comes, they will be primed and ready to help.
This will reduce the number of consultation hours you will be billed for, not to mention that a fast start can be the difference between success and failure in many legal cases.
Contracts
A major part of what a lawyer on retainer will do for a business is to look through a range of different contracts and give their expert advice.
Contracts can be a minefield with all sorts of small print that can easily go unnoticed by the untrained eye.
Although a lawyer on retainer will still charge you for going through contracts, you will probably be able to agree to a lower rate given that you will be using their services on a frequent basis.
This ongoing payment structure is a lot easier to budget for as a business than one off payment that can completely derail even the most well-structured business plan.
Professional appearance
If you are dealing with different businesses on a regular basis, having the same lawyer oversee business agreements and contracts each time helps to create an image of professionalism and consistency that will reassure your business partners.
If you are seen to be using multiple different lawyers on different occasions it may appear that you either aren’t a stable company or that lawyers don’t want to work with you on a long-term basis.
Furthermore, once you have found the perfect lawyer or you, you can be confident that they will represent your company in a way that you can be happy with every single time.
Formidable Reputation
In business, your reputation is absolutely critical.
Having a well-respected experienced lawyer on retainer not only demonstrates your professionalism to potential business partners but also makes people think twice before initiating legal action against you.
A lawyer with a reputation for success is a major asset to have on your side and can help you to end many legal disputes before they ever really get started.