By On Jan 10, 2019 Form Template
So which is the right choice for you? If you’re like most entrepreneurs starting out, you don’t have capital to burn, so the choice might already be made for you. However, if you’re on the fence, here are some pros and cons to implementing customizable legal documents and templates that should help you make a decision.
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.
The legal industry has been slow to make itself more efficient by using technology, but this is changing. New tools help lawyers automate processes, conduct research and even do contract reviews. Lawyers also use technology to make it easier for you to find a quality lawyer within your budget, or to do some of the legwork yourself.
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