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If you need legal help with selling, purchasing or structuring your investments, you're likely to be in the market for an investment lawyer. These legal experts can offer a range of support on commercial and personal investments both in Australia and across the globe.
Keep reading to learn the key points about how investment lawyers work and where you can get a free quote online.
Depending on where you live, an investment lawyer is often called a financial or securities lawyer. They focus on disputes and legal situations that revolve around the purchase and sale of investments. Also, this type of specialised lawyer will work closely with you to resolve financial matters in several categories such as losses on investments, fraud and financial advice.
Individuals and businesses can depend on the advice of an investment lawyer to invest in property and other assets. A lawyer can look after your financial interests and investments by drafting and negotiating investments, tax issues, and contracts.
There are a number of situations where you might want to get the help of an investment lawyer. These include:
The initial consultation might be free, depending on the lawyer. Here's what is typically included in their services:
When you get a free quote, you'll be able to outline your personal or business financial needs and why you require legal assistance. At the meeting, either online, face-to-face or over the phone, the lawyer will listen to your situation and then provide you with a free quote outlining how much it will cost to tackle your legal issues.
When you meet with the investment lawyer to gain a free quote, they should only listen to your circumstances and not offer specific legal advice. They will not represent you or work with you for a resolution until you agree to retain their services with a payment.
You might wonder if you'll need the complete skills of an investment lawyer or law firm or if you can visit a legal site to obtain the required DIY forms to take care of your financial issues. There are a variety of sites where you can download legal papers that you can fill out yourself without the assistance of a lawyer (see the table below).
You'll need to determine if these forms will meet your legal needs or if you require a more hands-on experience and assistance.
Typically, the lawyer will have a fee known as a 'retainer', after which they will charge for additional services. The lawyer may provide a free written quote so you know exactly how much everything will cost such as the lawyer's hourly rates and court fees.
The fees of an investment lawyer do vary a lot. Some lawyers will offer fixed fees and others will invoice monthly. In Australia, lawyers are always required to provide a costs disclosure to their client if they plan to charge more than $750. The document is very concise and will outline all costs related to your case and divide them into disbursements and professional costs.
Professional costs are the fees charged by the lawyer for actual work and disbursements involve the fees of filing in court, photocopying telephone calls and other additional costs.
You can get a free quote from investment lawyers in Australia from sites such as LawPath. It has an online directory of lawyers that may be able to help with your legal issues.