Do I Need a Construction Lawyer on Retainer?
A construction lawyer can do a lot to help your company avoid problems and improve compliance with regulations. However, you don’t need to have a construction lawyer on retainer. It’s possible to hire a lawyer quickly when you need legal assistance. However, there are several situations where having a contractor attorney in Wilmington, NC, on retainer can be helpful.
Need Legal Services Often
A retainer is an agreement where a company pays an independent lawyer a regular fee to do legal work on a regular basis. If your company has a need for a legal professional often, having a lawyer on retainer makes it faster and easier to have legal work done.
For example, construction companies that negotiate contracts often need legal services. Having a lawyer on retainer means that your lawyer is available to help you immediately. He or she can develop contracts for you and help you through the negotiations.
Construction companies can also hire a construction lawyer in Wilmington, NC, to help them comply with regulations. Construction regulations are difficult to decipher and having a lawyer on retainer means that you can consult the lawyer at any time to clarify any regulations. You can also have your lawyer complete periodic reviews to ensure that you are compliant.
Effective Money Management
Retainer agreements are an effective way to control the amount of money that you invest in legal support. Your company could establish a retainer agreement with a lawyer where you pay a set fee every month. You can send as much work as the lawyer agrees to take for the retainer, without having to pay more than the monthly fee. This will cap the amount that you have to pay for legal services. As long as you continue to send the lawyer the agreed-upon amount of work, you could save money using a retainer agreement structure.
Fast Response to Citations
Every company runs the risk of receiving safety violations and citations. If you are concerned about how a citation could affect your business, you could keep a lawyer on retainer to handle any citations that are filed. The response from your lawyer will be much faster since you have him or her on retainer. This could help give you the peace of mind that you need to move forward with your projects.
Having a lawyer on retainer is not a necessity, but it can be helpful if you need legal services often. Otherwise, it is possible to find a lawyer that can represent you quickly. Companies that don’t need legal services often may want to wait until there is a problem that specifically requires a lawyer to resolve. If you have questions about retainer agreements or legal services, contact a construction lawyer in Wilmington, NC, from Cotney Attorneys & Consultants.
If you would like to speak with a construction lawyer in Wilmington, NC, please contact us today.
Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.