What you should look for in a corporate lawyer?
There are many choices available when it comes to choosing an experienced corporate lawyer. Business law is complicated, and any mistake can cost you a lot. That’s why choosing a corporate lawyer with accurate knowledge of the law in Singapore. You need to be as diligent in selecting a lawyer as you would do a key employee.
Here are some of the points to consider while hiring a business lawyer for your company:
How long has the firm been operating?
An experienced law firm is not always the best one. It is better to
choose a more reputed firm. A firm that has been in business for ten years but
has only handled personal litigation will not be a good bet as a corporate
lawyer.
How much clout do they have?
You want a firm that can schmooze with the best of them and that has the
contacts to get the work done. It’s a significant advantage to have a team that
others are afraid to go up against.
What kind of reviews they have online?
Every firm will have a few unhappy clients. There will be some clients
who are not satisfied with the results. That’s the nature of the business.
However, if there are more negative reviews than positive ones, it’s time to
look for another option.
What experience do they have in your industry?
You need a corporate lawyer that knows everything about
your industry according to the law in Singapore. How will they able
to represent you in the court without any knowledge and experience? You don’t
want a firm that will try to apply generic solutions to every issue faced. They
need to be more creative to get the best solution for your case.
How does the firm bill for their work?
You need to understand what you are going to be paying for. Most firms
will charge you per hour, but how do they charge for minutes instead of hours?
- Do they round
up to the nearest hour?
- Will they
divide the hour up into quarters?
- Do they work
on a per-minute rate?
What area of practice does the firm practice in?
It is essential to find a firm that has a specialty that is closely
aligned with your needs. You don’t want to have to start the process of looking
for a new lawyer if you have a question that is outside of their specialty.
Are they transparent about their policies and fees?
The experienced lawyers will be upfront with you about what kinds offees you can expect to pay and their policies. While it might be impossible to
say what the final tally may be for a particular case, an experienced corporate
lawyer will be able to give a rough estimate.
Related Article- How to choose the right corporate lawyer for your business?
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