HIRING AN ATTORNEY?
Think again. They look smart but they aren't making money. How do you know if
your prospective attorney is
experiencing financial hardships and looking to milk a fee? Financial problems of an
attorney may lead to taking cases that won't win. You may be
dealing with a smart attorney who picks bad cases; and yours may be
one of them. Convincing you to spend $250 an hour on a case that
has little to no possibility of winning should be a criminal act.
Unfortunately, it isn't.
How can you find out the financial status of your attorney?
IRS liens? Repeated IRS liens filed?
Recent divorce or bankruptcy?
Are employees of the attorney filing for
Do the employees have criminal histories for
theft, fraud, or financial crimes? Will these employees be
handling your case or the funds in the trust account of the
Check how many cases filed in the last three(3) years.
Draw on the entire case history of the attorney.
How many wins and losses? Is the attorney only winning one out
of four cases on a good day? Did the attorney settle out of
court? How many of those decisions involved the recovery of
legal fees? How does that compare with the promises made to
Foreclosure or pre-foreclosure filings against
his or her home?
Arrests and criminal history? Drug use?
Cocaine or other drug related involvement?
Length of time in his or her residence?
Is that really his office or is he just hanging a
shingle at a mail drop?
Complaints against his license? Check the
Bar Association in that state.
How do the above issues impact his ability to
negotiate a settlement or win in court?
How do the expectations you were given measure up
to his financial profile?
Attorneys who are desperate for money take cases
they can't handle. Sometimes they can't win and you won't know
until you've spent a great deal of money.
Know what your getting into before you pay.
Don't let someone goad you into a fight that you can't win. Don't
pay a professional $250 an hour when he can't manage his own affairs.
We are able to generate a financial picture of your
prospective attorney or accountant. Determine
possible risks and to assess expectations.
Insurance companies check your credit rating prior to
issuing a car insurance policy. Your financial history is checked
before renting an apartment, applying for a mortgage or a car loan.
Shouldn't you know the financial status of your attorney before paying
$250 an hour?
Don't be impressed by a suit and a degree.
Inspect what you expect. Trust but verify.
Contact Guillermo D Jalil at