What is the hourly rate of your lawyer?

[Kelly Conrad]

Hey everyone! I just contacted a Real Estate lawyer that was recommended to me, but her hourly rate was $250 (and no minimum). For now, I just need someone to look over our tenant documents and make sure they're all legal for Minnesota, but eventually I may need to call on them if I need to evict someone. $250 just seemed a little high for our requirements, so I was hoping to see what others are paying to see if that is the going rate or if I should be looking at other lawyers. I appreciate your responses!

[Heidi Pliam]

@Kyle Doney, for example, (1) the learning curve is infinite and expanding, so just keeping up professionally takes time; (2) for me, I frequently don't feel comfortable charging for every hour I actually spend working on something, because it's un-affordable for my clients - yes, I really do do this to help people, not to get rich; (3) tons of time nurturing relationships; and (4) high overhead (not for me, but for many).   There's a lot more too it, such as scalability limitations too.  And, I'm not saying some lawyers are not striking it rich - it's possible if you're willing to do things I'm unwilling to do.  I'm also not saying most lawyers struggle - but more lawyers are struggling than people ever imagine from their public profiles (I know because I coach other lawyers too).