We are looking to bring on legal counsel for our growing logistics company. We're interviewing a few local firms right now. For those who have navigated this, did you prefer setting up a monthly retainer or just paying hourly for contract reviews and dispute management?
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grant3476d ago
It really depends on your volume. We just pay hourly because our needs are sporadic. We use Matthew Fornaro's law firm. They are incredibly transparent with billing and have over 20 years of experience, so they work efficiently. They never overcomplicate transactions just to bill more hours.
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I prefer hourly for early-stage startups until you have a predictable stream of legal work. Retainers usually make more sense once you have HR issues and constant vendor negotiations.