Attorney fees are notoriously expensive. Nowadays, it seems lawyers are involved in every aspect of people’s lives. For the average person who is on a tight budget, attorneys are often out of his price range. To solve the affordability problem, legal service plans are growing popularity. This has allowed a person even on a tight budget get access to the legal advice that he needs.
How does it work? Basically, it is similar to how group health insurance works. You pay a monthly premium to the plan. In return, you get access to a network of lawyers across all specialties. Depending on your plan’s benefits, you may get a certain numbers of legal services free of charge. Anything that you had used above that will be billed to you at the group discount rate.
For a lot of people, this is an ideal way to obtain legal advice without the worry of incurring high attorney fees. The great feature about these plans is that you are not limited to using just one attorney. You have a wide network to choose from.
Many employers have added legal service plans to their employee benefits package. It does not cost the company much to participate. Yet, from the employee’s perspective, this is a great perk because it can potentially save them thousands of dollars in attorney fees. Great benefits retain loyal employees. It is a good way to increase morale.
Employees can use their legal service plan in a variety of ways. They can seek legal advice and representation if he is involved in a dispute that cannot be resolved without a court of law. If the employee wants to make out a will, the attorney will assist. Perhaps the employee has a consumer complaint against a company that did not get resolved to his satifaction. An attorney can offer assistance in that as well.
Smalls businesses can use legal service plans. In fact, a small business should always have a legal adviser on hand. There are often contracts that need to be reviewed before the business owner signs on the dotted line. Large corporations have the luxury of having their own legal department who can review contracts and any business transactions to make sure that nothing in the contract will put the company at a disadvantage. As a small business owner, you cannot have your own legal department, but you can have a team of attorneys working for you.
When you participate in a legal plan, you can contact a network attorney for advice whenever you want. Contracts are often filled to legal jargon that is hard and confusing to understand. If you just read it yourself, you may miss some fine points that can affect your business. If you give this to your attorney to review, he can point out anything that he sees as a potential negative in the long term.
What if your company is growing, and you are thinking of taking on a business partner? An attorney will definitely get involved with that. If your are going from a proprietorship to a partnership or a corporation, you should consult with an experienced attorney who will guide you through the process of conversion.
What about problems with clients? Perhaps you have a client who has failed to pay you for your services and has ignored your attempts to collect. An attorney can write a letter or make a phone call on your behalf to push along the collection process. All too often, clients think that small businesses cannot afford to hire an attorney to take anyone to court. However, when an attorney is involved, it adds a level of authority to the matter. Suddenly, the possibility of getting dragged into court becomes very real. You can recover bad debt quicker if you get an attorney involved.
A legal plan provides an affordable way for people and businesses to get legal assistance. The attorneys charge less per client, but they get more clients through the network. This provides a win-win situation for both sides. Review the various legal plans out there, and select the one that offers the benefits that you need. This is one investment that will get you great returns.