5 TIPS for Choosing the Best Lawyer

In this video, I’m going to teach you how to save $50,000. So many times, we spend hours and hours agonizing about $5 decisions that we pay almost no attention to the $50,000 decisions. Stop wasting time on the $5…

5 TIPS for Choosing the Best Lawyer

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In this video, I’m going to teach you how to save $50,000.
So many times, we spend hours and hours agonizing about $5 decisions that we pay almost no attention to the $50,000 decisions.
Stop wasting time on the $5 decisions – and start focusing on the $50,000 dollar decisions.
We have all been there — standing in the grocery store for 15 minutes FROZEN not knowing whether we should get the bread that’s $3.99 or $5.49. Let me tell you a secret, it doesn’t matter … that 1.50 cents is not going to change your financial future.
To change your financial future and win in life, you need to get the big things right and spend time on those 5-10 big things that actually matter…like what college you are going to/what your major will be, what job you will take, negotiating your salary, automated investments, a good credit score, what house you’ll buy.
These decisions have a real impact and are worth you spending hours and hours thinking about because if you get them wrong, you could lose tens of thousands and maybe hundreds of thousands of dollars.
But if you get these decisions right, you’ll never have to worry about what bread to buy or the cost of appetizers again …. bc even if it’s the wrong decision, it’s not a big one and if you get the big decisions right it won’t matter.
One big decision that I people spend very little time “what lawyer they should hire” … hiring the wrong lawyer, or even worse – not hiring a lawyer at all – could cost you tens of thousands of dollars
– Let me give you some real examples:
o I had a client who came to me after losing his $50,000 savings because he hired the wrong lawyer to review his contract . . . his lawyer told him the contract was good to go, my friend trusted him and lost $50,000. It took me 30 minutes to review this contract and research the company to see this was a bad deal. I would have advised this person not to sign the contract … but his lawyer, told him it was good to go and this person lost $50,000.
o Now this sort of thing happens all the time…think about the last time you got into a car accident: if you didn’t hire a lawyer, you lost money and if you hired the wrong lawyer you lost money bc your lawyer wanted to settle the case as quickly as possible to make himself some money.
So now we get to the million dollar question: how do I hire the right lawyer? I am going to give you 5 tips to making the right decision in hiring your lawyer
1. Determine what type of lawyer you need.
2. Research what other clients have to say
3. Research what other lawyers have anything to say about this lawyer
a. You know the saying “game recognize game” – well the same principal applies here…a great lawyer recognizes another great lawyer better than anyone else. Why? Simply because they notice all the details you might miss.
4. INTERVIEW multiple lawyers
a. Ask about their experience, ask about costs, ask about what they predict will happen, ask what they think other options are, etc
5. Choose the lawyer you trust