By On Jan 10, 2019 Form Template
Recently, there has been an explosion of websites and services geared toward helping people sort out their legal issues themselves. Many of these sites offer these legal forms, documents and templates for a flat or monthly fee (as opposed to expensive hourly rates for a lawyer), while others offer their forms free of charge. The gist is simple. You answer a few basic questions, such as the parties names, the specifics of the contract and a few others, and the site creates a document for you based on the answers you have provided. Some sites provide a wider range of legal services, from filing a trademark, creating a living trust, to forming an LLC, among others. However, these services are rather straightforward, and if you have a specific requirement that is somewhat specialized, these services may not be for you. So which is the right choice for you? If you are like most entrepreneurs starting out, you do not have capital to burn, so the choice might already be made for you. However, if you are on the fence, here are some pros and cons to implementing customizable legal documents and templates that should help you make a decision. During the tumultuous course of running a business, you will face multiple difficult choices that may spell the difference between success and bankruptcy. Consider conducting a cost-benefit analysis to balance the complexity of your legal needs against the costs of hiring professional help.
Described below are a number of online resources where you might be able to find legal forms. Keep in mind, though, that not every form can be found online. If you cannot find a form suitable to your needs on the Internet, you may have to create a form using a sample, an outline, or instructions from a variety of resources. Your local law library will be a terrific resource and the place to start your research. Always use your legal name, current address, daytime telephone number, and a valid e-mail address. If you want your home address to stay private, you can use another address where you receive mail. If your address changes, file a change of address form with the court. Until you change the address you provided, the judge and court will assume you have received whatever legal papers were sent to you. If you need help filling out your forms, you may be able to get your questions answered at the Self-Help Center or by a private attorney (click Lawyers and Legal Help to learn more), a volunteer attorney at one of the Ask-A-Lawyer programs if your question relates to one of the Ask-A-Lawyer topics (click Free Ask-A-Lawyer Programsto learn more), or an attorneys at one of the free legal classes if your question relates to one of the class topics (click Free Classes to learn more). You can also go to your local law library and ask a librarian for books and resources to help you complete your forms.
If the transaction is for a large amount, the cost of an attorney to draft a document is relatively small compared to the cost of losing money in the transaction. However, if you have basic needs, such as requiring standard employment contracts, it obviously makes no sense to spend hundreds (possibly thousands) of dollars hiring an attorney to draft the contracts. If your business has legal needs, but you do not want to spend considerable money on attorney fees, sites like QuickBooks Documents may be your ideal solution, providing step-by-step guidance in customizing attorney-drafted documents and legal forms. This will ultimately save you significant capital that can be devoted to more pressing entrepreneurial needs, such as growing your consumer base and expanding your workforce. Every penny counts for startups and small businesses, but some companies try to save money by neglecting to draw up contracts or to seek legal advice. This is penny wise and pound foolish. In the long run, your attempt at savings can cost your company, both in the event of legal action down the road and in lost opportunities. While your frugal sensibilities may also be used to steer clear of uncharted waters to avoid risk, lawyers who have navigated these seas before can help you maneuver around legal pitfalls—and guide you to greater payoffs. This could include drafting your articles of incorporation, invoice terms or even how you budget. In todays market, finding and paying for legal advice has become much easier.
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