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5 Reasons Having a Lawyer on Monthly Retainer Makes Sense

In today's fast-paced world, legal issues can arise unexpectedly, and having immediate access to legal expertise can be invaluable. One way to ensure continuous legal support is by retaining a lawyer on a monthly basis. Here are five compelling reasons why having a lawyer on monthly retainer is a smart decision for individuals and businesses alike.  

1. Immediate Access to Legal Advice

Life is unpredictable, and legal issues can (and usually do) pop up when you least expect them. Whether it is a sudden contract dispute, an employment issue, or needing quick advice on a personal matter, having a lawyer on retainer means you have near-immediate access to legal counsel. This can save you from making hasty decisions that could have long-term negative consequences. With a retainer arrangement, you can reach out to your lawyer without worrying about incurring additional hourly fees, ensuring you get timely advice when you need it most.

2. Cost Predictability and Budgeting

Legal fees can be a significant expense, especially if you are billed by the hour. A monthly retainer offers cost predictability, allowing you to budget your legal expenses more effectively. Instead of facing unexpected legal bills, you pay a fixed monthly fee, which can help manage cash flow and financial planning. This is particularly beneficial for small businesses and individuals who need regular legal support but want to avoid the unpredictability of hourly billing.  

3. Building a Strong Attorney-Client Relationship

Having a lawyer on retainer fosters a strong, ongoing relationship between you and your attorney. Over time, your lawyer will gain a deeper understanding of your personal or business circumstances, legal needs, and long-term goals. This familiarity enables your lawyer to provide more personalized and effective legal advice. A strong attorney-client relationship also means better communication, trust, and a proactive approach to preventing legal issues before they arise.

4.  Preventative Legal Care

Many legal issues can be avoided with proactive planning and regular legal check-ups. With a lawyer on retainer, you benefit from preventative legal care. Your attorney can review contracts, ensure compliance with relevant laws, and provide advice on potential risks before they become problems. This proactive approach can save you time, money, and stress by addressing issues early and avoiding costly litigation, or helping you plan for ultimate litigation.

5.  Comprehensive Legal Support

A retainer arrangement often includes a wide range of legal services, giving you comprehensive support tailored to your needs. Whether you require assistance with business formation, real estate transactions, or personal legal matters, having a lawyer on retainer ensures you have the help you need at your fingertips. This all-encompassing support is especially valuable for businesses that require diverse legal services but want the convenience of dealing with a single, trusted attorney.

KS Law offers a number of flat fee, monthly retainer packages for individuals and businesses, which can be customized to fit your needs.  Contact us for a consultation today!


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