Lease Extension Solicitors
Companies that want to extend their property’s lease should hire reliable lease extension solicitors for this role. However, finding a reputable solicitor isn’t so easy to do as there are several considerations to be made such as the reputation and credibility of their law firm, as well as the experiences of the solicitor in the field of business.
Moreover, all reputable solicitors must be certified by the law society. And finally, they should be willing to interact with you personally as this will be crucial in establishing trust required by your business relationship. A reliable lease extension solicitor must be someone you can fully trust with confidential information related to your business or personal life.
They specialise in a certain industry
As do most legal practitioners, lease solicitors also specialise in certain industries. When choosing a solicitor to hire, you should first look for someone who surely knows what your business needs. So, if you own a fashion company, then look for a lease extension solicitor who specialises in the fashion industry.
They have a large firm
Depending on the size of the law firm, your decision for hiring lease extension solicitors London based may change. Larger firms are usually more established and have greater resources, but can also be more costly. Smaller firms may be more personal and perhaps less expensive, but they may be limited in their services if they don’t specialize in the area of law that you desire.
They offer affordable services
With all things considered, cost will play a huge factor when you’re choosing a lease extension solicitor. How much you are willing to spend is up to you. You can gather more information beforehand by asking the lawyer for a quote, as well as how they bill their clients. It could be an hourly fee, a flat rate, a contingency fee, a negotiable fee, or possibly even a retainer for future fees.
If you are not satisfied with the quote or the cost does not suit your budget, shop around and ask the same questions. When you do settle on a firm or a lawyer, always make sure the cost terms are clear and don’t be afraid to talk about price, so there are no surprises. You may even wish to confirm all costs in a written agreement.
They should be credible
When choosing between several lease extension solicitors London based, the final decision will always come down to one critical factor: Trust. But that trust must extend to every level of the law firm, from the top attorney to the receptionist. And trust comes from professional credibility. 77% of consumers want to find out about a lawyer’s experience and credentials before making their choice, which is the primary reason why building credibility is an important factor in any lease extension solicitors.
They must be flexible
Before getting the services of a law firm, consider if the lease extension solicitors are willing to work in a flexible manner. It is important to know if the solicitor or firm you are working with is flexible as there may be unexpected situations that can occur during the legal proceedings.
They should always be available
Among the many things to consider when hiring leasehold extension solicitors is their schedule and availability. How easy or difficult will the solicitor be to reach? Does he or she answer calls and respond to emails in a timely fashion? These are critical bits of information to know. It is also important to know the current workload of the firm. If the attorney is involved in a myriad of projects at a time, his or her availability may not be what you expect.
They have years of experience
There’s no doubt that in business, experience matters. But think about how valuable it would be to have leasehold extension solicitors who are not only skilled in legal matters, but who either owns their own business, or had in the past. Attorneys who either run their own law office or have owned their own business in the past have first-hand knowledge of the keys to legal success. No one understands meeting payroll, negotiating contracts or creating sound policy better than someone who has experienced it. Being a small business owner can be rewarding but often overwhelming, so finding an attorney who can help you organise and structure your business model in a way that protects your interests, relieves unnecessary worry, and gives you a solid foundation should be your ultimate goal. A small business attorney who runs his own business, or has in the past, is your best bet for meeting such goals.
They offer low-cost but efficient services
When doing business, money is a resource that cannot be ignored. It matters to the small entrepreneur selling crafts online as much as it matters to the CEO running a multi-million dollar corporation. Small business owners must be price conscious, and that means finding a lawyer with the right hourly rate or fee structure to fit your needs. Moreover, ask yourself this: Is their pricing worth their services? Remember you are building a relationship, not just paying for services. This is the person you will turn to when things are usually the most difficult. Working with someone who fits your legal needs is critical, but finding an attorney with the right fee arrangement is equally important.
Now that you have a clearer understanding of how lease extension solicitors should be, the next step will be hiring one for your company. As you and your business will rely on their knowledge and guidance on legal matters most of the time, you should choose the right person for the role. That said, you also need to understand what your role is as a client in this new business relationship, and that is to listen to your lease extension solicitor when they give you legal advice. In the end, however, you will still be the main person who calls the shots. Consider your solicitor’s professional advice and make good use of it to make the best informed decisions for your business.