When interviewing a business attorney, it is crucial to ask the right questions in order to ensure that you are making an informed decision. One important question to ask is their area of expertise within business law. According to a survey conducted by JD Supra, 73% of respondents believe that specialized knowledge and experience in a specific industry or legal area is highly valuable when choosing a business attorney. By asking about their specialization, you can assess whether they have the necessary skills and understanding of your particular industry or legal issue. Additionally, it is essential to inquire about their track record and success rate in handling similar cases or situations.
Research published by The National Law Review suggests that past performance can be indicative of future results when evaluating attorneys' abilities.
Moreover, obtaining references from previous clients will provide further insights into their competence and effectiveness as well. Lastly, consider discussing fees upfront during the interview process. A study conducted by Martindale-Nolo found that 47% of small businesses prioritize cost when selecting an attorney for ongoing legal needs. Understanding how they bill (hourly rates versus flat fees), any additional costs involved, and if there are alternative fee arrangements available allows you to make an informed decision based on your budgetary considerations. For more detail, please refer to the info-graphic below.
