Targeted legal advice – is your top tier, mid tier or boutique law firm providing it?

by Andrew Lind on 19 October, 12

When clients come to us as their lawyers, they usually already have in their minds the outcome they desire.

Our task as lawyers is to understand our client’s desired outcome; test how realistic it is, reshape it as necessary in conversation with our client; and then map and implement a path to arrive at the reshaped client desired outcome, in the most efficient and cost effective manner possible.

It seems to me that clients don’t want to know how much law we know, everything that could go wrong, or even have almost every conceivable risk covered off. If a short form Agreement will get our client the desired outcome, why do we draft a fifty page Agreement? How much legal spend is involved in covering off risks that in practice are really not risks at all? Is this
“insurance” our clients really want to buy?

The art of being a good lawyer, it seems to me, is knowing the law our client well enough to know what’s important to our client and what’s not; what risks they would like to manage and what risks they would not care less about; and having the courage to have our documents serve those desired outcomes. Our clients should expect acumen and commercial judgment.

What do you think? I would be genuinely interested in your comments.

{ 2 comments… read them below or add one }

Carol April 2, 2013 at 8:52 am

What is the advantage of a sole trader forming a partnership with her spouse?

Andrew Lind April 15, 2013 at 5:48 pm

Hi Carol

A big question which I suggest needs to first start with your accountant and then come to us as lawyers.

Why? – the advantages are largely driven around what the business needs and the ability to split income.

If these things point to doing it then the legal risks about partners being liable (jointly and severally) for partnership liabilities can be considered and advised on.

All the best
Andrew

Leave a Reply

Your email address will not be published. Required fields are marked *

*

*

Terms & Conditions

Law Experts content including responses to your questions and comments provides legal information, tips and hints. The content on this site is not legal advice. That’s good, because there’s no risk of getting a bill by making a comment, asking a question or just contacting us.

You agree that any comment or question that you may ask may be published on this site, after editorial review, for the benefit of future readers. Our editors may edit comments in their discretion. For example we will would seek to remove information that would identify you.

The Corney & Lind lawyers (law experts) are of course happy to give legal advice, that’s what they do for a living. However it is only legal advice when you have engaged Corney & Lind Lawyers to provide legal advice for you. Before you do that you want to have an idea of what it might cost and our lawyers are happy to communicate with you about this.

We may change any of these terms and conditions at any time in our discretion by changing them on this page.

You must scroll down the terms & conditions before you can agree.

Previous post:

Next post: