By On Jan 15, 2018 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.
Theres nothing wrong with shortcuts, especially when you want to save yourself time and money with a legal matter. In some complicated situations, we usually suggest speaking with an attorney, but theres a long list of everyday situations when you can use legal document templates to make it legal. And we are here to help you get them done and out the door quickly. For personal and business stuff, its a good rule of thumb to keep a few legal documents handy. Employers that do a lot of hiring might want to use the same employment application template and non disclosure agreement template to keep things consistent, and if you are into buying and selling stuff theres the bill of sale template. If you are searching for a particular name of legal document template based on your needs, its likely we have something that works. If not, just drop us a line. But how do you get started? Filling out legal forms on the fly can be intimidating. Our easy legal document template tools ask you questions and we populate the forms, so its a cinch to find the legal document template you need, plow through the specifics and get back to what you enjoy doing. The online legal document business is booming as consumers have figured out that they can get everything from a will to a lease to a divorce for a fraction of the cost of visiting a lawyer. But should they? On one hand, the services offer compelling value. Some experts, however, say using them could cost you money down the road, be ineffective in accomplishing your legal tasks, and even, in some cases, cause problems in court.
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. Some websites help you find vetted lawyers who will undertake specific legal projects for a flat fee, which can include drawing up a contract or acting as general counsel for a certain number of hours per month. Other websites allow entrepreneurs to draft contracts that attorneys then review or to prepare and manage intellectual property. Still other websites provide diagnostic tools that identify gaps in legal coverage that open businesses to risk. Companies like Legal Hero provide businesses with a vetted network of quality lawyers who agree to work on projects for a flat fee. Sound impossible? Not really. Experienced lawyers know how long it takes to do various types of contracts and projects, said Annie Weber, co-founder and CEO of Legal Hero. Entrepreneurs and small business owners receive bids within hours for specialized projects. Or they can choose from typical legal projects for a flat fee. The company does intellectual property (IP) and immigration work on a national basis. For legal work governed by state law, Legal Hero currently operates in only four states Florida, Illinois, Massachusetts and New York.
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