When it comes to buying a product, it makes good sense to shop around for the best price. After all, why pay more for something that will deliver the same end result?
Services are different to products though, and the same principle does not always apply.
When it comes to buying services, price is important, but so is getting great value for the price. In the case of legal services, getting good value for money is particularly important because the end result is likely to have a significant impact on your business, property and/or life.
Providing value through fixed fees
What does getting good value mean in terms of legal services? It means getting access to expertise, understanding and flexibility at an affordable price.
Fixed priced services provide good value to clients because this type of pricing structure ensures all parties are absolutely clear on which specific services are covered. Any requests that fall outside the normal scope of the service can be agreed on upfront.
When making a decision about which fixed price lawyer to hire, there are generally two different ways clients can go – they can go for Lower Price or Better Value. Which is the better choice? Let’s look at the example of conveyancing to get a clearer picture.
Low cost conveyancing services
Some lawyers offer attractively low prices for conveyancing services. There is a catch, however – they’ll charge you extra for contract reviews, any amendments that need to be made, and any additional documents required.
This can be particularly frustrating when there are other stakeholders involved. These other stakeholders may wish to make changes which are beyond your control, yet you’ll be the one who has to organise and pay for them.
Not only is this often very fiddly, but it can be time-consuming too. And it can occur when there are already many other things to organise to get a deal over the line. If you have time and patience on your side, and you’re fairly confident that the contract will go through the first time, then opting for the lawyer with the lowest price might be a good way to save a bit of money.
Value for money conveyancing services
The alternative for people who don’t have a lot of extra time and who don’t want a lot of extra hassle, is to hire a lawyer who charges a reasonable fixed price that includes valuable features such as flexibility and a quick response time.
Fixed price conveyancing services at Bayberry & Weir
I provide fixed fee conveyancing services because I know from experience that it provides clients with better value for money. Rather than wasting time haggling over price and bombarding the same client with a small invoice for every amendment or additional service, I offer a comprehensive service at a fixed fee that includes:
• unlimited contract reviews and amendments;
• access to me, Amanda Weir, for questions about the process and contract;
• 24-hour turnaround of contract review; and
• peace of mind that there will be no hidden costs.
At Bayberry & Weir we offer clients the quality legal services that they need at cost-effective and transparent prices. We are a law firm that will always compete on value, not on price.