Affordable Legal Services for Small Businesses

25 May, 2017 / Comments: Comments Off on Affordable Legal Services for Small Businesses / By

You have a lot on your plate as a small business owner. One of your biggest challenges is most likely dealing with a limited amount of money. There’s a good chance that you’re constantly on the lookout for ways to cut costs. Legal services are easily one of the most expensive needs that a small business has. Both routine needs such as forming a new LLC or drawing up a contract and larger issues such as disputes or lawsuits that should be handled by a professional. Fortunately, there are ways to afford legal services to get the help you need without breaking the bank.



LegalZoom is a legal service that provides both personal help and do it yourself documents. Both of these services are available for a fee. For a flat monthly fee starting at $23.99, you can ask legal questions, get advice and get your documents reviewed when needed. The legal documents offered by LegalZoom vary in price. It has a variety of documents that you can download to customize for your small business that range from $5.95 to $14.95. You can also pay $7.99 per month for unlimited access. For example, the paperwork to form your LLC will cost you $149.



LegalShield offers monthly plans for legal advice. The price is dependent upon how many employees you have. It costs $39 per month if you have ten or less employees, $89 per month with 50 or less, and $149 for 100 or less. These prices include calls, documents and unlimited consultations. LegalShield has partnerships with different law firms in every state. The lawyers they work with have several years of experience. If you have a suit against you before you join, or you have filed a suit before joining, you can even get at least 25% off of the typical rates.


Rocket Lawyer

Rocket Lawyer has been rated one of the top online services for legal services. You can pay per document, or pay a flat monthly fee for membership. Your first document on Rocket Lawyer is free. You then pay a fee for documents such as forming your LLC. The documents even include one consultation at no extra cost. Memberships cost either $39.95 or $49.95 per month. These memberships include such things as unlimited copies and revisions to documents, along with free advice.



Nolo began as Nolo Press in 1971. It sold DIY legal books back then. Now Nolo provides a directory of lawyers and all kinds of free legal advice. There are numerous documents available. The costs of the documents vary. Most documents necessary to operate your business, such as contracts, range from $15 to $35. Forming an LLC can range from $99 to $130. You don’t pay for your documents until you download them or print them. This means you can edit and save your document as many times as you need before you do so.



UpCounsel is a type of marketplace that allows you to shop around for the best lawyers to meet your needs. You start by posting about your business and what legal needs you have. It is free to post what you need help with. UpCounsel then matches you to qualified attorneys that can help you with your specific work. All lawyers posted are thoroughly vetted, and have several years of experience. You have the ability to review proposals and can schedule free, no-obligation consultations.

Your last step is to hire your lawyer. UpCounsel claims no hidden fees or charges. Prices are transparent, and are typically 60% less than the cost of traditional law firms. They offer several features that allow you to work with your lawyer online and keep all of your information secure.


Not all legal matters require the assistance of a lawyer. When you do need legal assistance, it can be difficult to find one on a small business budget. Knowing where you can go when you need help can greatly aid in protecting yourself, your business, and your budget.


William Mahnic
William Mahnic is a Finance Professor at Case Western University and has spent more than 20 years in the finance industry before becoming a professor. Mahnic has appeared as a commentator on both TV and radio talk shows including NPR, Crain's Cleveland Business, WKYC 3 and The Washington Post. He has been interviewed in BusinessWeek, Wall Street Journal and The Los Angeles Times.

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