Don’t get me started on online legal services.
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They might seem like a bargain, but they cut too many corners.
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In the end, you get what you pay for.
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When reviewing corporate records for a client recently, I noticed that the operating agreement was missing three key components. She told me that two years earlier she spent thousands defending a lawsuit from an ex-business partner that could have been avoided with a better agreement.
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That mess cost her way more to clean up than it would have cost to get a good agreement in the first place. Not fun.
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The true cost of legal services is often offset by the potential losses avoided. It’s a little bit like insurance. You hope you never need it, but when you do, you’re glad you have it.
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