Do Lawyers Make Up Work? | Misconception Monday |
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This is Misconception Monday, where we tackle common misconceptions in business law, business and society generally. This week, it's about law.
Lawyers love to make up work to bill clients, right? Wrong. A good lawyer will have their plate full. Just try making first contact with one. If anything, the real risk is that your lawyer isn't doing enough work (although, that's not really something to be worried about). Believe me, I want to finish your project (thoroughly and properly, of course) so that I can move on to all the other work on my desk. The last thing I would do to one of my clients or to myself, is come up with unnecessary tasks for the sake of an extra couple billed hours. The best thing you can do to manage your legal budget, as it is a concern for virtually every client, is to maintain open communication with your lawyer about your needs and understand how they intend to bill you. _____________________________________________ Have questions? Book a call, and talk to Brett today: https://clarity.fm/brettcenkus _______________________________________________ You can reach Brett through: https://clarity.fm/brettcenkus https://www.linkedin.com/in/brettcenkus https://twitter.com/BCenkus https://www.cenkuslaw.com https://braatenwoods.com https://merger-resources.com _______________________________________________ Brett A. Cenkus has 20+ years of experience in business law, finance, and entrepreneurship. Through Cenkus Law, PC, he provides advice and services for mergers & acquisitions (M&A), securities offerings, founders’ agreements, and other general business law issues. Through Braaten Woods, LLC, Brett helps business owners in the lower middle market ($2MM - $25MM) position themselves for sale, find buyers, negotiate, and close M&A deals. Brett also maintains merger-resources.com, a site packed with free articles, videos, checklists, deal diagrams, template contracts, and other tools to help pass M&A knowledge to others. Brett regularly consults with entrepreneurs and invests his own capital as an angel investor. From 2010-2013, Brett served as Chief Legal Counsel of a publicly-traded international oilfield services company. From 2001 to 2006, he and a partner founded and built Paragon Residential Mortgage. Bridge Investments acquired Paragon in 2006. Brett holds a Juris Doctorate from Harvard Law School and a Bachelor of Arts degree in Economics from Messiah College in Grantham, Pennsylvania. Brett lives in Austin with his wife, Cathryn, and two children. He enjoys reading, squash, classic movies, great food and wine, and the New England Patriots. #corporatelaw #mergersandaquisitions #businesslaw #corporatelawyer |