Sunday, May 3, 2009

Legal Clinic Gives Everyone Low Cost Access To Their Own Law Firm!

Everyone knows you should have Uglydolls number of buy toys on 1963 Topps baseball cards team if you are serious about building a business or becoming wealthy.

  • Real estate broker
  • Mortgage broker
  • Banker
  • Accountant
  • Contractor
  • Lawyer
Lawyer? What you really need is a Law Firm! Just a you would not go to see a Proctologist for an eye injury, you would want a lawyer who specialized in litigation if you were sued!

Using myself as an example of a real estate investor, I have the following legal specialists available to me:

Real Estate Attorney

  • Litigation Attorney
  • Corporate Attorney
  • Landlord and Tenant Attorney
  • SEC Attorney
  • Tax Attorney
Now you may say that you do not need such an array of legal talent at this time and you may be right or you may be wrong. In fact, the number of business people, including real estate investors who do not have an attorney of any kind is shocking! Business is by nature a world of contracts, agreements, negotiations, options etc. trying to do deals without the proper legal counsel is like relying on home remedies when you need the care of a specialist. You are setting yourself Transformers for trouble.

If you are sued, you definitely need a high powered litigation attorney. Being represented by a real estate attorney in a lawsuit is like bringing a knife to a gun fight.

If you need an entity such as a corporation or LLC set up correctly for you, you should have access to a corporate attorney. I know, you can set up a corporation yourself on the Internet; but suppose it is the wrong Johnny Apollo an LLC when you should have a C-Corporation for instance?

Do you really want to trust your real estate investment business, with tens or hundreds of thousands of dollars, or even millions of dollars in liabilities or profits at stake to a home made corporation?

If you are audited because of your business activities, a very real possibility with the confusing array of tax laws pertaining to businesses, a tax attorney is the only sensible choice to defend you.

The problem with professional legal representation for most of us is cost.

The poor have public defenders to come to their aid.

It use to be that only the "Big Guys" could afford to have a law firm, with all of the legal specialties they needed, on retainer. Until now!

I belong to a "legal clinic" which allows me to have a major law firm on Long Island, NY "on retainer" for about $1 per day.

Many "routine" services are included in the low retainer fee:

I can call "my lawyer" with legal questions at any time

  • They will review contracts and leases of up to 10 pages
  • They will write legal letters on my behalf in case of business disputes
  • They will write legal letters for me to resolve credit or collection issues
  • Help in resolving Warranty issues with products or services
  • Help with Estate problems including a free Will and advice on estate matters
  • Help with preparation for appearance in small claims court, whether defendant or claimant
  • Advise on identifying and contacting the correct government agencies to handle my needs
Can you see how valuable having these services available to you for $1 per day can be? Now, you can nip problems in the bud before they get ugly, by getting the professional advice and assistance of a lawyer at the outset.

You can also establish a strong negotiating position by firing off a lawyer's letter early in the game when in a dispute or a negotiation.

Legal clinics act in the same way health care insurance operates. You have a number of routine services included in your base premium.

When you need more extensive services, they are provided to you at preferred rates, as much as 25% below the firms quoted public rates.

Can you see the difference it could make to your overall success in real estate or other businesses to have a law firm on your team? Wouldn't you be willing to pay $1 day for their services?

There are several legal clinics in operation, with varying geographic coverage, prices and programs. You can find them on the Internet by searching for "Legal Clinics."

You can also check with me for more information.

Copyright 2006 Bill Young-Bill is an experienced real estate investor and financial personal trainer. For more information on legal clinics, click here: href="motivatedsellersonline.com/custom/index.cfm?id=97508&winpop=1">motivatedsellersonline.com/custom/index.cfm?id=97508&winpop=1 To learn more about Bills real estate educational offerings, go here MotivatedSellersOnline.ComMotivatedSellersOnline.Com

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