Friday, June 27, 2008

Watch Your Haynesville Shale Legal "help"

I have been around the legal field a fews years now and based on what I am seeing, there are alot of "experts" out there earning millions for not doing much. Sure, they meet with you, fill out a few forms & and put your name where Ms. Yancy's name used to be, send the forms in, make a few phone calls, yada yada yada. IE spoke to some people who wanted 6% on our 300 acre plot..if we were to get $10,000 an acres that would be $180,000 for 6 weeks worth of work and because they had a few "contacts".My question. Where are all these folks going to be when you get served or need to serve those papers 3 years from now? ...oh, they will be there alright...for $400 an hour. Keep this in the back of your mind as you are negotiating..especially if you are using an attorney that does litigation as well...ask for a % discount to represent you if your contract ends up in court....because if you end up in court, it's likely because your contract wasn't constructed soundly...

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