Finding a great commercial solicitor is hard. A solicitor who's a specialist in their field, super responsive and affordable? Sounds almost unattainable. While friends and contacts might send you names, it’s difficult to tell which lawyers are most suited to your needs, and whether their fees represent good value. Solicitors at big brand, commercial law firms are expensive. But you don’t want to skimp on quality. The thing is, the perfect commercial solicitor at the right price does exist. And we’ve done our best to find them for you, by curating a panel of specialised solicitors, who work on low overheads in boutique or ‘virtual firms’. Those savings are passed on to you, and because they work on fixed fees, you’ll always know the price upfront. If you need a commercial solicitor, let us help you get some quotes! Simply submit your enquiry at https://www.lexoo.co.uk/commercial-solicitors and we'll get you multiple quotes within 24 hours, for free.

1. 4 INSIDER TIPS FOR
HIRING A GREAT
COMMERCIAL SOLICITOR
www.lexoo.co.uk

2. 1 FIND A SPECIALIST
Ever come across a solicitor claiming to take care of all your legal needs? They’ll do
shareholder agreements, employment contracts, intellectual property, website terms
and conditions and tier 2 sponsor visas. This is a huge red flag. Nobody can specialise in
all those things at the same time.
For example: if you need terms and conditions for your mobile application, there are
lawyers who do this day in, day out. Not only will they know what protections to include,
but they’ll also know the exact requirements for iTunes and Google Play to minimise the
chances of your app being rejected. A generalist contract lawyer will need to spend a
tonne of time (i.e. your money) researching these requirements, or at worst will dive in
and risk getting it wrong. Save yourself the hassle, drill down and find a specialist.
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3. 2ASK FOR A FIXED
QUOTE
The trouble with lawyers charging by the hour is that it rewards time spent. The more
hours billed, the better for them. If a mediocre commercial lawyer spends a day on a
task – one that takes a great commercial lawyer only two hours to complete – the
mediocre lawyer gets rewarded and the client loses out.
Agreeing fixed fees for specific deliverables gives you certainty. And it allows you to ask
questions and learn about the details without fear of being ‘on the clock’ for additional
fees. If a lawyer insists on hourly billing due to the particular nature of the work, make
sure they can demonstrate how and why it benefits you.
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4. 3 BUDGET FOR
DISBURSEMENTS
A lot of legal jobs involve costs for things that are not strictly ‘professional fees’
or ultimately charged by your solicitor. Things like government charges, court
filing fees, search fees, duties and taxes or even barrister fees are called
‘disbursements’, and they can add up! Always ask your solicitor for an estimate
of disbursements so you can plan your budget and avoid any nasty surprises.
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5. 4DON' T PAY TO
TRAIN UP THE
JUNIORS
In large commercial law firms that bill by the hour, junior lawyers or trainees will often
‘learn on your dime’. Many solicitors will remember their early years being charged out at
eye watering rates, despite having next to no knowledge or experience. Their clients
were effectively paying to train them up!
Delegating work to juniors makes sense in some circumstances, such as basic research,
due diligence or litigation ‘discovery’ tasks. Ask your lawyer: exactly who will do your
work? If juniors will be involved, get them to show you how the economics stack up in
your favour.
LEXOO

6. NEED HELP FINDING A
GREAT COMMERCIAL
SOLICITOR?
At Lexoo, we’ve curated a panel of solicitors who specialise in commercial matters. Many of
them have worked at top commercial law firms, but have since left to set up their own
boutique or ‘virtual firms’ with minimal overheads, and much lower fees.
Simply tell us about your legal needs and we’ll handpick a selection of lawyers to give you
multiple, fixed fee quotes within 24 hours, for free - give us a try!.
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