How can I minimise the money I spend on lawyers?
Answered by Warren Scott from Mills Oakley Lawyers
Three tips for minimising your legal spend:
- Have fixed fees for certain tasks your lawyer does for you - such as the preparation of franchise agreements including any amendments required by the franchisee's lawyer.
- Don't necessarily use the same firm for all of your work - a large specialist firm might not be the most cost effective firm for your day to day issues.
- Don't only engage with your lawyer when there is a problem to solve - seeking out a lawyer who will add value to your business, rather than solving problems, is a better approach to help to adopt risk minimisation strategies at the outset.
About Warren Scott
Warren Scott is the Partner at Mills Oakley Lawyers. Warren is a recognised expert in franchising law. He heads the Mills Oakley franchising team, which offers a premium service nationally. Warren advises both franchisors and franchisees.
You should always check independently that an ask an expert answer published on Franchise Business applies to your particular circumstances.
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Contact Mills Oakley Lawyers
Level 6
530 Collins Street
Melbourne
VIC 3000
Tel: 1300 202 326
Fax: 03 9605 0933
