Why Lawyers Cost So Dang Much

The Lawyerist recently sparked a spirited argument when founder Sam Glover said lawyers cost so much, beyond the obvious overhead, cost to get the degree, etc., because of the stress of taking on clients’ problems. Whether lawyers really do take on their clients’ problems, and even if you think that doesn’t justify their cost, if you’d like to understand better why I can’t just “write a simple will” and charge you $300, my malpractice carrier, Minnesota Lawyers Mutual (MLM), will explain. Read More...

Can’t Buy Me Love...but a loan might help

Four years ago, the New York Times posted an informative article about the “win-win” nature of intrafamily loans in our low-rate interest environment. Not much in interest rates has changed since its publication; if anything they’re lower.  This means that if a family member has the cash and your relationship can take the possible tension, it can be favorable to both sides for you to borrow inside the family. Read More...