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Retaining a Lawyer Just on Price, Bad Advice

“My brother-in-law knows a lawyer who charges $250 an hour. The guy you recommended charges $450 an hour. Why would I pick the lawyer you recommended when I can pay almost half the rate for the same service?” David (not his real name) had retained me to sell his company. After many discussions with several interested buyers, he settled on a company like his, though much larger, from the upper Midwest that wants to Read More