Education is Power, Education is Opportunity – He Said

The other day I found an interesting chap sitting and having a cup of coffee at Starbucks; we got into a conversation about the follies and challenges of various folks in Wall Street and in our political leadership, and he couldn’t say enough spiteful things about Republicans in Washington DC, and folks on Wall Street, claiming that it was they who were depriving folks of their chance to work for a living wage and become successful in life. Then he made a blanket statement that:

“Education is Power, It Is Opportunity.”

Well, I think I disagree completely. It’s not that knowledge is not necessary or that education is “a way” or one perceived way to get that knowledge, nor is it a reality that a solid education surely would help on a resume for certain types of employment positions, sure that’s true enough, at least in our present period, however, one could also say, well me specifically would say that:

“Higher Education and Student Loans, Lead to Economic Enslavement,” or that “Higher Education has Introduced so Much Political Correctness into Our Society that it has Essentially Hijacked the American Way of Life,” and look at the results today, right now. Is it good enough? Is this the best and “final answer” to an advanced and modern civilization? Student loans of $100,000 or more, and textbooks in excess of $250 per year for information you can get in lectures for free online, or from WikiPedia?

Further, I would submit to you that since employment application ratios to positions open is so very high, many employers are requiring more substantial education, not because they need it but to shorten the stack of resumes. This is causing an artificial demand for high education, and as we allow students to borrow money for higher education it is inflating the bubble, thus increasing costs – but to no avail, those with lots of education, will just have more debt in the future – therefore, forced to work to pay it back.

“Economic Enslavement as Opportunity Through Education?” Really, you think so?

Next, and I can say this as an entrepreneur who left school to run my own company, it really appears to me that higher education in many regards merely causes linear thought and the ultimate obedience to the future employers, so is that really kind of like “dog training” and the overall domestication of humans in trade for a bone, or in this case higher salary?

And still, it comes with a dog collar and chain of student loan debt, with the taxpayer’s picking up the poop when those loans default or those dogs forget? Please consider all this and if I offended you, deal with it, you are a good puppy you can handle it.

Creating a Home Based Business With Ease

Creating a home based business is not difficult to do when you have the desire, drive, and determination to see it through to the success you desire. However, in order to achieve the success you desire, it requires creating an at home business that fuels your passion. The best home based business opportunities develop out of the transformation of your personal interests and hobbies into a profitable endeavor.

Creating a home based business with ease also requires you to follow some simple but practical steps that help you to achieve the success you desire. The steps are mostly common sense; it’s no surprise to learn that achieving the success you desire requires planning, patience, and persistence.

  • Planning your at home business includes determining both the type of product, service, or information you will offer as well as determining who your primary target market will be. During the planning phase, you should also consider developing a budget to follow that you can live with as well as a list of goals you would like to accomplish in order to achieve the success you desire. Break down each goal into steps you can take that will lead to creating your own home based business with ease. Your goals should be the end results you desire, but it takes specific daily, weekly, and monthly tasks to help you meet those goals.
  • Patience is as critical to the process of creating an at home business as the planning is. Without patience, you may leap at an opportunity without fully assessing the risk involved, or you may make decisions without having all of the information you need to make sure the decision will bring you the success you desire. Patience is also required because in most cases, creating a home based business does not result in overnight success. It takes time, consistent effort, and comprehensive marketing to reach the level of success you desire.
  • Persistence may be the differentiator between those who stay in business and those who fail. Most small businesses fail within the first two years, but many of those failures happen within the first few months. Creating an in-home business is exciting, but settling in and staying committed to the ongoing work involved in achieving the success you desire requires a level of persistence and commitment not everyone is willing to make.

If you can handle the three Ds – desire, drive and determination – and the three Ps – planning, patience, and persistence – then creating a home based business can be done with ease.

How to Use the Top Home Based Businesses to Create Multiple Income Streams

First things first, I would like to address all the newbies out there, who may have gotten hooked on the notion that making big money in affiliate marketing is going to happen for you over- night. Please read my lips, “Don’t believe the hype. ” The internet is flooded with crazy hyped-up claims about how you can make money easily, and quickly, using the top home based business online. Well folks, let’s keep this thing in its’ proper perspective. You can make good money, but it takes hard work, and a commitment to patience. Don’t be afraid to start your business, but please be prepared to go the distance. Remember, this a business venture.However, when you make your first sale or, someone signs up for your newsletter, or whatever the call to action is that the visitor to your website makes, you will have such an awesome feeling of pride. You’ll know that you did that; your efforts got that customer to your website, and it’s just begun. Work and work some more and, the effects will begin to snowball. Before you know it, you’re on your way to having a successful home based business online.There are a few basic points you should to be made aware of while doing your research into the affiliate programs that you may want to promote. I suggest affiliate marketing because it’s easier to start your internet marketing career as an affiliate marketer. Then, there are a few more things you should look out for once you begin building your new business. There is much to learn, just remain consistent, and diligent to accomplishing your goals. Trust me, you can do this. Let’s get started.Pinpointing your niche market. What do you want to promote, what market do you want to focus your efforts in? What are you good at? What do you know, that you’re passionate about? What are your skills? You get the picture. Remember, some niches are easier to break into, than others. You want to market products, and services that you believe in, however make sure there’s a strong market for your chosen niche.Choose a dependable affiliate program that offers you the specific niche market you desire. Do your homework, and you will be sure to find some of the top home based businesses on the internet, ones that offer residual, and multiple income streams. Make certain that you find reputable companies that assist their affiliates through training, along with resources essential for affiliate marketing. your looking for companies that have their affiliates best interests at heart.Get your very own website and set up free e-book downloads and, newsletters with content-rich material that centers on your area of interest. A website of your own is important to have, if you want to be a serious affiliate marketer. This is where folks will go any time they find what you’re featuring intriguing. This is also exactly where you could inform them about additional benefits associated with your business.Make absolutely certain your targeted market will get to your website and sign up for your newsletter. You can do this by offering something unique, use different marketing methods, like video. Get creative, you want people to visit your website and stick around to look at your offers, and take action.I don’t want to be long winded here, however there is something that I feel I must tell you to help you get started on your road to affiliate marketing success. Remember when I told you that there was a lot to learn? Well, there is, but you can cut down your learning curve drastically, simply by getting involved in a mentoring group.It is definitely the way to go. It’s what saved me from becoming totally frustrated. Like I said, this is not as easy as some advertisements claim. It does get much easier, with someone who has been there, and done that in your corner. Having your own home based business can be very rewarding, for those who have the will power, desire, and drive to rise above mediocrity, and change their circumstances.

How a Home Based Business Can Change More Than Just Your Bank Account

Many regular people these days are coming to the realization that a Home Based Business may be just what the Doctor ordered. Being able to work from home and manage your life the way you want to is a priceless commodity. Imagine yourself waking up when you want to, leisurely grabbing yourself that coffee or tea, and checking your email to see what kind of income your Home Based Business has generated for you while you were sleeping.Is it a dream or reality?Once it was thought to be just a dream, but people are making it a reality. Being able to pursue your passions while creating money at the same time leads to a certain type of fulfillment that no one can take from you. And you can only live through it to truly be able to understand. The old saying, “Do what you love and the money will follow.” definitely does apply in the modern age when considering working for yourself.What if I don’t know where to start? How am I supposed to become successful?Being successful in starting a Home Based Business no longer requires you to have extensive training in Marketing or Sales. To the contrary, many people who believed themselves incapable of ‘selling’ have found that this route into the business world has made the transition easier than they could have imagined. Having the proper tools, training and guidance will make all the difference in turning your financial dreams into reality. And that, in turn, has an impact on the rest of your life.What’s your motivation?Creating a Home Based Business can mean different things to different people. One person might desperately want to become financially independent, where they would be able to dictate the income they produce and on what terms. Another person may just want to be able to give up their second job and spend more time at home with their family while not having to suffer financially for it. Others may simply desire the freedom to be able to travel, buy something nice, or get rid of the stress of living pay check to pay check.Finding the proper guidance in the Home Based Business Industry means that you will be able to apply the tools and knowledge you receive to any business, whether you want to sell home-knit socks or high end product. At the end of the day, you will be working for yourself and creating your own dream come true.Where can I get the tools and training I need?Finding the guidance you need may seem like a daunting task in itself. There are successful leaders in the Home Based Business Industry that have created tried and true methods and systems that can be applied to any business structure. They should be interested in helping you, not just selling you a booklet and walking away. Great leaders understand that they must create new leaders, and make sure their protégés are successful. Your success translates into their success in the Home Based Business Industry.Being able to work at home is certainly an accessible dream. To learn more about How to Work at Home you can visit this Free Resource website at: Work at Home

Internet Home Based Business – Will it Help My MLM?

The internet home based business is a growing industry and one that is here to stay. Believe it or not, many people today are building an internet home based business to help grow their traditional MLM. If you are struggling with your MLM, you can do it too. Let’s show you how.First let’s look at the failings of building a traditional MLM. I think MLM’s are a wonderful business. Having been involved with an icon in the MLM industry I know how hard it is to succeed in the MLM industry. There is a stigma involved with the MLM industry and for whatever reason, many people are just negative to the idea. But the fact remains, many people today want to be involved in some form of home business. The other fact is many millions of people are on the internet every single day looking for an online or home based business opportunity.What is the main draw back to the traditional MLM? We can sum this up in one short sentence. The answer is, finding people who are truly looking for an opportunity. Even despite the stigma of the traditional MLM icon, if you find someone who is truly looking and can set them down to honestly look at the opportunity; they will almost always see it. But the drawback is, you can only approach so many people in a given amount of time. You have to weed through the non lookers to find the legitimate lookers. And usually the case is before you find enough people to build your business, most people will burn out. So how do you efficiently find legitimate people who are really looking to build their own business from home? The answer, build an internet home based business and advertise for them.The key is to get them to come to you, and you can do that with an internet home based business. Remember, there are many millions of people on the internet every day looking for a home based business opportunity. Wouldn’t it be wonderful if just a small percentage of them would seek you out for your opportunity? If only a small percentage of those got in with you, that is a lot! And remember, there will be many more millions online looking again tomorrow! So, how do we find these people?You can find them by building your own online business. Let’s say you had a hundred or so small sites on the internet that were seen by hundreds if not thousands of people every day, and you had a small add for your opportunity, don’t you think some of those people would get a hold of you to see what it was all about? And remember, those sites would be working for you twenty four hours a day, seven days a week three hundred and sixty five days a year. There’s no way you by yourself could do that. And just what if you could be making a high six figure a year income with those sites apart from your traditional MLM? Wouldn’t that be incredible too?Well it can be. We can teach you how to build a successful internet home based business that will do all that and more. It all depends if you are teachable and willing to work from home in your spare time to create this business. The internet is a growing industry, and there are billions of people a day on the internet searching for something. Why not learn how to capitalize on it too?

Important Home Based Business Advice

“What do I need to know before starting a home based business?”The home based business advice I am about to share comes from a life time of viewing and studying businesses from both the inside and outside of the business world. What I have discovered is that there are a few simple things that must be considered before starting a home based business, such as: the industry, the product, and company history.Growing up I learned quickly that being a business owner was the only way to have what I like to call a “life”. The majority of the world lives in one of two categories. They either have all the money they want but absolutely no time or they have all the time in the world and absolutely no money. As a boy my father was the first of those two categories. He worked and worked and had very little time but because he was a business owner and all that work was not going toward making somebody else rich he eventually became part of the small percentage that has both, time and money. This taught me a very important lesson as a youth. I knew that in order to become part of that small group I needed to be a business owner but how do you make that happen faster? The answer is a home based business.The most important home based business advice I can offer when getting started involves the industry of your product. It’s no secret that we are in a recession and we are going to be for awhile, however, the recession does not effect all industries. In fact in my research I have a found an industry that not only is not effected by the recession but is growing by 500 million dollars a day and that is telecom. Telecommunications grew more than 5% in 2008, the peak of the recession, and is currently growing more than 7.7% a year today. 7.7% of a 1.8 trillion dollar industry is absolutely where I would secure the foundation of my business. I will say it again, “my best home based business advice is TELECOM.”The other piece of home based business advice to consider is the company history you are about to become involved in. I cannot tell you how many business opportunities people have presented me with by saying the words “ground level”, “brand new idea”, or “something nobody has ever done before”. I always respond the exact same way, “thanks but no thanks”. Like I mentioned before we are in a recession and we are not coming fully out anytime soon. I want a business that has seen hard times and has seen good times and knows how to build and grow through it all.If this very simple but very important home based business advice is followed I have found you can produce a very profitable business. A home based business that has the potential to grow no matter what is happening in the economy.

Easy Steps To Grow Your Online Home Based Business

Affiliate marketing is one of the preferred online home based business ideas for internet entrepreneurs because it is easy to start and manage. You don’t have to buy any stock, organise any deliveries or get involved with any customer queries. The product owner does all of this. Your job is to find the customers and promote the products to them. When they do buy, the product owner will pay you a commission. Affiliate marketing is great for online home based business ideas because there is a huge variety of different business markets that you can get involved in.How To Expand Your Online Home Based Business Ideas.The first move to develop your online home based business is to shift into more niche markets. For instance, if you’re currently doing work in the parenting niche you can broaden into another niche markets like health and fitness or online business ideas for moms. Before you do move into new markets, ensure that you have sufficient time to take care of any new websites that you build.To test your new online home business ideas, without putting an entire websites together for each of them, you can use a third party site like Squidoo. Here you can create a page on your chosen topic (called a lens). If it does well on Squidoo, then you’ll have an idea that your new work at home business ideas are viable and if it is worth investing the time into building separate websites for them.You can also grow your profits by expanding on the products you’re promoting. You might have built a website about prams, for example. You can build on that by creating similar niche sites, like baby car seats, baby clothes, baby swings, and so on.Once you start promoting more products, you might want to build a website that links all your online home based business ideas together. So for example, you could build a main parenting website that links to your other sites on baby clothes, baby bottles, car seats and more.Expanding Your Online Home Based Business Ideas.You can also investigate other affiliate programs to improve the commissions for your internet-based home business ideas. If you are only promoting products from Amazon, have a look at other affiliate websites such as Share-a-Sale and CJ Affiliate. If you have only used products on ClickBank, then see what’s on JVZoo or Warrior Plus. These websites often have unique products or services that you will not find on other affiliate websites and that will help to add extra commission income.Another way to expand your online home based business ideas is to generate more traffic to your websites. You should be studying the various ways to generate free website traffic and paid website traffic. More traffic means more conversions. Develop a subscriber list so you can build relationships with your customers and communicate with them on a regular basis.You can grow your affiliate income by becoming a product creator. You don’t even have to create a product that is within your niche. You could publish an ebook about how you became successful with your online home based business ideas so that others can follow your example. Throughout the ebook you could link to the online business tools that were important to your success like your autoresponder or keyword tool and earn commission via those links.

Will This Real Estate Investment Course Work For Me? What the Gurus Don’t Want You to Know

When it comes to real estate investment courses, there are a lot of people who are selling a lot of TERRIBLE products out there.

As I into this arena of real estate investor trainings, as a real estate coach, I have found that there are a lot of “wolves” out there, and it’s hard to be a sheep among wolves.

What do the real estate guru “wolves” do?

Sell the product that will make them the most money, even if it’s not the most helpful to their students.

Sometimes it seems like it’s all about who has the best sales pitch, NOT who has the best product.

Fortunately, the Internet is making it easier for real estate investors to research these “guru’s” and find out if their products are the real deal, or just a bunch of hot air. Before you buy any product, search for that guru’s name and “scam” or “review” and see what you find!

Here’s what I do when I am tempted by the alluring, emotional marketing presentations…

Personally, I am very big on return policies… If I can’t return a product that’s low-quality, I’m mad… so I’m willing to buy things and evaluate them and use the return policy judiciously.

Note – I’m not advocating “Stealing” all the ideas and then returning a product, but I have returned products whose authors over-pitched them in attempt to sell the course, or who advocate unethical methods or techniques that I would not be comfortable implementing.

(That’s different than “techniques I am too lazy to implement.”)

The problem most of us experience in buying one real estate investing course is that once we subscribe to a real estate investor guru’s email list, it seems like we get new offers, deals and promotions every week, encouraging us to use and implement the next new and exciting program that will help us make money EVEN MORE easily.

We have to stay focused!

The key in actually achieving success is to unplug from all these sales messages, think about your lifestyle, your needs, your marketplace, and decide what type of investment strategy will work best for you. Then find a program, find a mentor, and stick with your plan! Don’t get distracted.

Distraction and lack of focus are our biggest enemies. They usually kick in right after we order the course and start to feel “buyer’s remorse” about whether it was really a good idea to spend more money on that program.

If it was a bad course, return it, if it was a good course – use it! The best way to overcome buyer’s remorse is to start implementing what you’ve learned in order to make some money!

There are a lot of scams out there, but most of them you can recognize by reading through the course. The ones that are harder to recognize, you should be able to flush out in 60-90 days of attempting to implement the program.

So, that means you should feel comfortable buying real estate education information that has a 60-90 day return policy.

If the program doesn’t have a return policy, don’t buy it.

If you don’t have time in the next 60-90 days to implement the program, don’t buy it.

And finally, if you’re down to your grocery money or rent money, you’ve run up your credit card bills, or you can’t pay for the postage or bandit signs the course recommends – don’t buy it either.

There are a lot of good courses out there, too.

The problem with being a sheep among wolves in the real estate education industry is that if you DON’T charge an arm-and-a-leg for your product, it’s harder to get JV partners to promote your product on their webinar or at their real estate investing seminar. It’s harder to pay for Google ads to promote your sales letter. Frankly, it’s just harder and less profitable to be in business.

You really have to have the heart of a teacher and want to help at that point…

The only “profit model” that I have seen as being “effective” for the less price-gouging real estate trainers out there is to use a “profit split” model, where they charge an upfront fee, and also offer take a portion of your profits on your deals as part of their compensation.

Think about it, otherwise, why would this investor who is otherwise “so good” at investing in real estate bother to go into the education business?

If he was making millions with passive investments like he claims, why does he need to teach you and get money from you? You’ve probably asked yourself the same question a few times.

Clearly, it has to be profitable for the trainer, but there’s no reason to charge exorbitant prices for products that don’t deliver.

Great products at reasonable prices is the direction I hope to see the industry go, but until then, caveat emptor… let the buyer beware!

Investing Basics for Beginners

Investing money is a way for individuals to save toward their goals, whether it be retirement, a child’s college education, or some other financial goal. Beginning investors need to take time to determine their goals and learn some basic concepts of investing before jumping right into making an investment. Successful investing takes much research, time, and patience. As beginning investors start to have some success in making money through investments, they will develop a degree of skill. However, there is still a degree of risk involved even the most seasoned and skilled investors. Finding the answers to some basic investing questions will help make the efforts of beginning investors more successful.

How much money do I need to make an investment?

One common misconception by beginning investors is that they must have a large sum of money to make an investment. The truth is, many investments can be made for as little as hundreds or perhaps a few thousand dollars. One way to begin investing small is through dividend reinvestment plans or direct stock purchase options. Investors may be able to invest in a company’s stock options by paying a minimal start-up fee, often as little as $25 or $50 and making an initial investment. Once the money begins adding up, it can then be transferred to a brokerage account, where the investor will be able to begin investing larger sums of money.

What are the different types of investing?

Once investors determine that they have enough money to make an investment, the difficult part is often deciding where to invest their money. There are many different options for investors; some of the most common investment options are mutual funds, bonds, futures, and real estate.

Mutual funds – A way for individuals to invest without having to manage their investment “hands-on” is through investing in mutual funds. Mutual funds are investments that are handled by a fund manager. This fund manager invests the pool of money, contributed to by several individual investors, in the financial marketplace. The funds may be invested through closed or open-ended funds. Closed funds have a set number of shares that are distributed to the public and are traded on the open market; whereas open-ended funds to do not a set number of shares. The trader will re-invest into new shares for the investor. The shares are overseen by a professional money manager who is trained to select investments that will provide the largest returns to the investor.

Exchange traded funds – These funds, known as ETFs, are pools of investor money that is invested in similar ways to mutual funds. However, since ETFs are designed only to track certain indexes and much of their management is computerized, their maintenance costs and fees are generally much lower.

Bonds – When investors purchase bonds, they are buying an interest in a company or corporation. The companies issues bonds, which is a loan from an investor. In turn, the company agrees to pay this investor back at determined intervals with interest. Investing in bonds can be a fairly secure investment. Unless the company goes bankrupt, the investor is almost certain to receive back at least the minimum amount of his investment. These interest payments at set intervals can be a source of steady income for retired couples or others wishing to create a type of investment where they can generate consistent returns. The interest earned on bonds can be tax exempt with some types of bonds.

Real Estate – Real estate can a good investment when the timing is right but often requires a lot of work. One easy way for investors to enter the real estate market is through a real estate investment trust, or REIT. Investors become part owners in the investments of the REIT such as malls, park garages, hotels, or other real estate ventures. REITs often pay out high cash dividends to investors because the REIT pays no federal income tax in return for paying out 90 percent or more of their profits to shareholders in the form of dividends. Another way of making money through investing in real estate is through purchasing properties, improving the properties through repairing them or adding amenities, then selling them at a profit; or renting the houses to tenants and receiving a monthly income from the payments.

Futures – Futures trading is the marketplace where buyers from around the world buy and sell futures contracts. A futures contract is an agreement to receive a product at a future date with a set price. Once the price is agreed upon, the price is secure for the next year regardless of the changes in the market. Some common futures markets include commodities, currencies, stock indexes, interest rates, and other alternative investments such as economic indicators. The rewards of this kind of investing can be great but so are the risks. Therefore, futures should be left to the most experienced investors.
Should I diversify or stick with one investment?

Most professional investment advisors will confirm that diversification is the key to a successful investment portfolio. Investors who spread their investments out through several avenues reduce their risk of losing all of their assets should the investment fail. While it may be tempting to dive right in and start investing large sums or money, beginning investors should balance the potential profit against the risks they are exposing themselves to in the investment marketplace.

Using the services of a professional investment advisor

A professional investment advisor can provide beginning investors with the basic information needed to start an investment portfolio. An investment advisor sometimes is also a financial planner and can help with all financial matters. Some investment advisors are paid a percentage of the value of the assets managed, while others charge an hourly fee or are paid on a commission basis.

For investors who would like to avoid these fees, the best strategy is to do some study and start with mutual funds or ETFs offered by reputable companies.

How to Cut Your Organization’s Legal Cost Without Compromise

What is Legal retainer-ship?

In today’s complex legal environment the corporate entities and professionals need to be very careful in all the commercial dealings, communications, agreements and contracts. This is because any communication can be viewed as a contract or not a binding contract by judicial forums in a later stage when litigation reaches courts. These types of communications include appointment letters, suspension letters, removal letters, email communications, statutory notices, reply to notices, warning letters, letters notifying delays, letters expressing disagreements etc., The stakes in every dealing today is also very high. Moreover certain actions have to be taken within a particular time frame otherwise negative inferences can be drawn by the courts in later stages. In such a situation, companies choose to engage a law firm with multi-discipline experience and international exposure to advise them in their day to day legal issues. Such an arrangement helps the companies to get expert advice under one roof in a pre-determined cost for the services what they are going to avail from that firm. Law-Senate law firm is serving many companies on “Annual retainer-ship basis” which helps the companies to get quality legal consultation without worrying about the bills, since the fee is fixed in advance for a year, on the basis of the budgeted work load for all non-litigation work. Later even if the work load increases the determined fee will not be changed within that one year period.

How Law Firm Legal Retainer Ship will facilitate You

There are few facts you must know about Law Senate Legal Retainer Ship, which will clear you why legal retainer ship should be availed:

Un-limited non-litigation legal Service in fixed cost: The Firm agrees on a fixed annual fee for un-limited chamber legal work including consultation, settling of contracts, settling of legal documents, settling of legal communication, labor related documentation, employment related documentation, issuing legal notices, responding to legal notices, arbitration notices, demand notices etc., The Firm has lawyers from various branches of law in its panel and in-house to respond to the consultation requests from the clients on issues arising out of various branches of law. The Firm also allots a dedicated lawyer for ensuring customer friendly communication and effective service. The clients can use email, courier or personal consultation to get their issues resolved. For example in case of settling of legal documentation, the client can email the proposed draft of the document to the firm’s dedicated lawyer. The dedicated lawyer will get the response and comments of the relevant lawyer and inform the client within the pre-fixed time. Hence the specialty of the whole process is the customer friendly, high quality, swift and cost effective administration of the required legal services. The said fixed annual fee is excluding Litigation, arbitration, drafting of contracts and appearance before authorities and tribunals. The above said fixed fee is not uniform for all, it is finalized after estimation of work and the size of the Company.
Litigation & Representation Services in pre-determined fee schedule: The Firm will handle almost all types of litigation, arbitration and appearance before authorities in a predetermined fee schedule on case to case basis. The lawyers of the Firm regularly appear in Supreme Court of India, High courts, Competition Commission of India, Consumer Courts, National Consumer Commission, EPF Appellate Tribunal, Company Law Board, Electricity Tribunal, Mines tribunal, Petroleum tribunal, Civil Courts, Criminal Courts, Central Excise & Tax authorities, Revenue authorities etc., The Firm charges special reduced rates for the clients who engages the firm on annual retainer-ship basis. Hence this arrangement with our firm will help the clients to cut their legal costs.
E-reporting and online storage: It is very difficult for the Companies to get them updated about the pending cases from the old style lawyers. But Law-senate law Firm sends periodical (Weekly/ monthly) reports about the pending cases and matters to each of its client. The Firm also has the facility of e-storage of documents, even in a later stage after many years, the firm can supply copies of the documents from its e-storage points. Since law-senate is a modern law firm with all modern facilities and technology it serves its clients with Zero error quality.
Conventional Legal advice Models:
Earlier Companies used to appoint independent lawyers and pay them separately for consultations, settling legal documents, legal documentation and appearance in various Courts and tribunals. This model gives surprises and financial strain to the Companies since the expenses under legal heads are neither predetermined nor pre-budgeted. Hence the Companies in their endeavor to cut legal costs ended up in low quality and un-professional legal services which resulted in losing of cases etc.,

Appointing in-house counsel or law officers:

To handle above said legal matters some companies choose to appoint their own in-house counsel or law officers. The appointment of in-house counsel or law officers may improve the situation but will not lead to the full solution for the following reasons:

Appointing experienced law officers is very expensive in the current salary market. Hence small, medium companies and professionals can afford only a newly graduated or less experienced in-house counsel. Such a less experienced person may be doing only the co-ordination work between independent lawyers and the company.
Even if experienced people are appointed they will have their expertise in a few fields of law only. Hence they need to consult independent lawyers on the other issues. Independent consultation is again an expensive matter and finding the correct lawyer is a challenging job.
Appointing Independent lawyers as consultants:

Law is a complex field which is growing every day. There are so-many divisions of law and hence no lawyer can claim that he/she is aware of all the divisions of law. More over independent lawyers will not be able to ensure the high quality of service due to limitations in infrastructure, facilities, staff etc.

Advantages of legal retainer-ship:

Even though there are many advantages for the small, medium industries, Professional organisations, hospitals, educational Institutions, NGOs, charitable Institutions etc., in following the legal retainer-ship model than the conventional legal adviser model, the following are the important ones,

Legal advice on multiple legal subjects from experts under one roof
Unlimited non-litigation services
Litigation services on a special fee schedule
Annual customized fixed fee for unlimited consultation and documentation services
Dedicated lawyer for each client
E-document facility
Periodical reporting about the pending matters
Who will be benefited from Legal retainer-ship Model?

Large companies may appoint their own team of experienced in-house counsel supported by law officers and para legal staff in view of their higher volume of legal work. They also engage big size law firms and pay for each service separately because they may not bother about the legal expenditure. But the following types of Companies and Institutions will be greatly benefited by legal retainer-ship model,

Medium and small size companies
Distributing Companies & Agencies
Hospitals
Private educational institutions
Schools & Colleges
FDI partners
BPOs and Call centres
NGOs and charity organisations
Professionals & Consultants etc.,
In short legal retainer ship is helpful for those organizations who are not interested in spending money for legal departments or permanent legal counsel of every practice area of Law. If you have any query about legal retainer ship then you can ask anytime.


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