questions to ask attorney when seeking investment

4 Questions Every New Investor Needs to Ask Their Attorney

1. What kinds of real estate investing legal work do you usually do? This question can save you a lot of time and money...
2. Which entity is best for me? As a real estate investor, you will eventually need an entity for both operational and...
3. Can you take a look at this deal? A good real estate attorney will...

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What questions should I ask a potential lawyer?

Mar 16, 2021 · 4 Questions Every New Investor Needs to Ask Their Attorney 1. What kinds of real estate investing legal work do you usually do? This question can save you a lot of time and money... 2. Which entity is best for me? As a real estate investor, you will eventually need an entity for both operational ...

What are the most important questions to consider when making investments?

Apr 09, 2015 · A lawyer who has the right background can often save you time and money, all the while getting the best result possible. And don’t take a simple “Yes” for a sufficient answer. Ask follow-up questions, such as where and when any similar cases went to trial and their results, to ensure the attorney really knows the subject matter.

Do I need a real estate attorney for my investment property?

Prior to that, you should thoroughly brief your potential attorney as to the details and context surrounding of your case. The more information you provide, the better they’ll be able to expound upon the various legal matters. Litigation-related questions to ask a …

How to choose the right lawyer for your case?

Feb 12, 2013 · Ask if there are ways to cut down on costs, says Fred Steingold, an Ann Arbor, Mich., attorney and author of Legal Guide for Starting & Running a Small Business (Nolo, 2011). For example, you ...

What are some good questions to ask an attorney?

In Order to Move Forward With Any Lawyer, First Ask These Ten QuestionsHow Long Have You Practiced Law? ... What Types of Cases Do You Manage? ... Who's Your Typical Client? ... How Many Similar Cases Have You Taken On? ... What Kind of Special Training or Knowledge You Have Outside Your Law Degree? ... What Are Your Fees and Costs?More items...

What questions should I ask a lawyer about seeking help?

Questions to Ask Your Lawyer During a Consultation1) What kind of experience do you have with similar cases?2) What would be your strategy for my case?3) Are there any alternatives to going to court?4) What are my possible outcomes?5) Who will actually handle my case?6) What is my role in my case?More items...•Jan 29, 2017

What are 3 questions you should ask a lawyer before hiring?

Below are ten questions to ask your potential lawyer.How long have you practiced law? ... What type of cases do you generally handle? ... Who is your typical client? ... How many cases have you represented that were similar to mine?More items...•Apr 13, 2018

What do lawyers want from their clients?

Most lawyers want to build a strong client relationship. They believe that when they are professional, logical, and offer good advice (and resolve the matter) that they have provided the elements of a good relationship. Clients see it entirely differently.Jun 14, 2019

How do I prepare for an attorney meeting?

Tips For Meeting With Your Lawyer For the First TimeDress To Impress. ... Be Ready To Give Your Attorney Important Information About Yourself. ... Gather Your Evidence And Have It Ready For Your First Meeting. ... Get Your Facts Straight. ... Plan Something You Can Look Forward To For After Your Meeting.

How do I prepare for an attorney interview?

If you are interviewing virtually, all of these tips apply.Do your research. Lawyers are known for being good researchers. ... Be presentable and dress your best. ... Come prepared to ask questions. ... Be personable and show enthusiasm. ... Be genuine. ... Promptly send a thank-you note.Oct 28, 2020

What do most lawyers charge for a contingency fee?

What is the Standard Contingency Fee for an Attorney? The standard contingency fee for an attorney is a percentage amount rather than a fixed amount. Most personal injury lawyers charge 33 1/3 percent if the case settles without filing a lawsuit and 40% if a lawsuit is filed. Most employment lawyers charge a 40% fee.Jan 23, 2018

How do you answer a law question in an interview?

Below are some common legal interview questions—plus suggestions on how to approach them.Tell me a little about yourself. ... What attracted you to our firm/organization? ... Can you describe a challenge or conflict you have faced at work and how you overcame it? ... What is your biggest weakness? ... Do you have any questions for us?Mar 20, 2021

What is true about attorney client privilege?

Definition. Attorney-client privilege refers to a legal privilege that works to keep confidential communications between an attorney and his or her client secret. The privilege is asserted in the face of a legal demand for the communications, such as a discovery request or a demand that the lawyer testify under oath.

What do clients value the most in law firms?

It's clear that clients expect law firms to evolve, and these are the approaches that will yield the best results.Innovative approach. It may be difficult to talk about innovation amid the COVID-19 pandemic. ... Industry expertise. ... Collaborative teams.Nov 4, 2020

How do law firms win clients?

They have to put together fully costed proposals, sometimes deliver presentations and then the client picks. Sometimes the law firms sit through the presentations delivered by the other firms they're up against, and sometimes it's all done behind closed doors/ using documents only.Aug 28, 2020

What factors must be present for a communication between an attorney and a client to be privileged?

No matter how the attorney-client privilege is articulated, there are four basic elements necessary to establish its existence: (1) a communication; (2) made between privileged persons; (3) in confidence; (4) for the purpose of seeking, obtaining or providing legal assistance to the client.