Over the years, we’ve seen quite a few cases of clients having avoided seeing a lawyer because they were terrified of the potential cost. In some instances, this meant that their legal problems spiralled out of control. We’ve even seen cases of businesses going under because clients have buried their heads in the sand until it was too late.
Most small-to-medium-sized business owners say that the reason they don’t seek legal advice is the cost, especially when they are billed by the hour. Basically, they simply can’t afford to pick up the phone and call a lawyer who is going to charge them by the minute.
These days, a lot of large businesses use in-house counsel to handle the day-to-day issues that emerge in the course of their commercial activities.
They’ve discovered it is cheaper to employ an in-house counsel or an in-house legal team to deal with these issues than it is to pick up the phone and call a law firm.
However, employing an in-house lawyer is not a realistic option if you are running a small-to-medium-sized business.
What is the solution?