Let me tell you about two of my past clients.
Romero was a legal immigrant who had pulled himself up by his bootstraps to a place where he was ready to buy his first apartment house. But he had three problems. First, he spoke a little English, but not a lot. Second, because he had done well, he thought he was smarter than his problems and the people he was dealing with. Third, as a result of number two, he negotiated the contract himself. Three months later, the deal fell through because the other side had defrauded him and the language of the contract had taken away his protection. Within another month, he was involved in litigation which lasted two years and forced him to pay the firm I worked at over $200,000.
George was an astute businessman and a veteran of past litigation. He wanted to buy a struggling company and turn it around, but he had to deal with an ornery seller who, it seemed, would rather see the company go down than make a deal which would fill his pockets. George did not try to handle the problem himself. He knew he needed an Arizona Business Litigation lawyer, so he came to us. We developed a number of strategies to determine just how difficult the seller would be. We found out that there could be no deal without George making sacrifices that destroyed the attraction of the company. So he walked away, probably saving himself hundreds of thousands of dollars chasing after the company, and paying us less than $10,000.
The first scenario brought the firm a lot of money. The second was far more satisfying for the client and for us.
The message is clear. When you sense a problem ahead, see an Arizona Contract Lawyer or Business Litigation Lawyer. You don’t have to commit. You can take the time to decide what is best for you . But at least you will know your options and, perhaps, avoid a much larger problem.