There are specific aspects of the law that each lawyer specializes in. Having the correct lawyer for the type of law you are seeking counsel in is essential. Knowing you have the best lawyer and that you are getting all you need from them can be a difficult task. How do you know that your lawyer is delivering for you? Here are some helpful tips to the most from your real estate lawyer.
Get a lawyer who works with real estate. If the lawyer is a property investor, that makes them even better and should move higher up on your list of potential lawyers to hire. Finding a lawyer who is familiar with real estate and property investment will be able to spot potential hazards that come up along the way. They are prepared for issues that come with property dealings and have the resources and knowledge to work through them. If the lawyer is an investor themselves, they also will have a network in the real estate market who can help not only them, but you as a client potentially in the future with other deals.
Having a lawyer, you are comfortable and can say you like it vital. A good lawyer/client relationship will build the foundation for a mutual partnership. Both yourself and your lawyer need to be on the same page and have similar feelings towards real estate and the dealings in this field.
Cheaper does not always mean better. Real estate lawyers typically do not have large profit margins, so they rely on having a large volume of clients and deals to make a profit. Having the cheapest lawyer will typically mean they are cutting corners in your real estate dealings which could hurt you in the end. You need someone dedicated to you and your transactions, and to achieve that you will need to pay for it. Obtaining the cheapest lawyer may seem smart in the short term, but in the long run, you will probably end up paying more.
Understand going in to meet with a lawyer that they may have different opinions and feelings on your case. If they agreed with everything you brought to the table, there would be no need for them in the first place. A lawyer is there to offer sound legal advice, and quite honestly, that is usually different than what a client wants to hear. If you go into a consultation with a lawyer and they agree with everything you say and give you the yes sir mentality, they are probably only speaking that way with you to gain your business. A good real estate lawyer will give you honest feedback and opinions which will often end up being different than your own.
Do your research on lawyers before committing. Internet searches will yield hundreds to thousands of pieces of feedback on a lawyer depending on the size of their firm. This is an opportunity to get the feedback from real people who were in your shoes at one point. This information is priceless when finding the right lawyer. There are also legal websites that will give you specific cases that each lawyer was a part of and how those cases turned out. This is another useful piece of information to have when doing your research; click here to read more of them on Laughlin Law’s website.