You have been fighting the use of full-service law firms for two main reasons:
- Fees are Outrageous. Fees are Outrageous. Legal fees are reaching a percentage of deal costs not seen in our lifetimes. It should not be this expensive, but you are not a lawyer and you cannot take a stand with your legal department without a new firm in mind that has enough experience to satisfy their standards.
- Experience versus "ivory tower" intellectualism. As the costs go up, it seems the idea that your attorneys are counselors or business advisors becomes more fleeting. You find yourself advising your own lawyers too much, and are tired of their predisposition toward giving elaborate reasons not to proceed with your stated transaction goals. What you really want is a healthy evaluation of risk based on experience, not a memo to file, which appears to fulfill no real purpose other than protecting the law firm you hired.
Levick Legal Group, LLC offers competitive rates, responsiveness and counseling based on real-world experience:
- Cost: Unlike most firms, we believe our cost structure is the key to our ability to grow with the challenges of the new real estate landscape. With our low-cost platform and "legal group" structure, we can provide our services at hourly rates significantly lower than our competition. In addition, with the recent downsizing at many of the area's downtown firms, we have been able to bring in former counsel from traditional, full-service legal practice groups. As a result, our clients now get their services at a marked discount from their former rate structure.
- Experience: Our group includes a core group of seasoned counsel, who are able to provide strong support for national, regional and individual accounts. With attorneys averaging over 10 years of commercial real estate experience, our group possesses more experience than most large, multi-disciplinary firms can provide. We are highly responsive and provide business counseling based on real-world experience, not just legal analysis and long memos that needlessly cost you time and money in an unstable transaction environment.
