While it may be costly, many people still opt to have an attorney even when there is really no immediate need for one. So when is it good to have an attorney? If you are wealthy and have more than enough money to spend for all your needs and still have money left, then it is a good investment to retain a lawyer.
Retaining a lawyer means you will need to pay him an agreed upon amount monthly while he in turn will do basic legal stuff for you which generally would simply involve legal documentation such as contracts reviews, composition of affidavits, composition of legal letters, notarization, simple legal advice and many other types of simple financial documentation.
One good thing about retaining an attorney, however, is that they will be at your beck and call in case an emergency happens and you need the immediate services of a lawyer. The fees for cases like these though are different and will be on top of the retainer fee that you are already paying for.
There are also many reasons why you would want to get the services of an attorney. Firstly, only an attorney can competently represent you in court. He may spell your freedom in cases of crimes where you are in the side of the defense. If you are in a business, an attorney will also come in handy as they will determine the legal aspects of setting up a business, including which permits you need to acquire, and more importantly, to review your business structure so you are able to protect it and you from possible legal ramifications.
Hiring an attorney for your protection is indeed a costly affair. However, it is just like buying great quality cars and building strong homes, you need to pay for quality and protection. Just be sure that you will be getting a reputable attorney who can really do the job. You cannot afford to be frugal in terms of legal fees since you may end up getting only your money’s worth.
Research for good law firms and ask around for the best lawyers available near you and consult with one for a good negotiation. Remember that no amount of money can buy true freedom and protection.