Check Conflicts of Interest Before Offering Deal Details
Before retaining a real estate attorney for a new deal, don’t spend time and money disclosing the deal’s details to her before you are sure that no conflict of interest exists that could prevent her from fairly representing your interests. This applies whether the attorney is new to you or one with whom you have worked in the past. If you discover a conflict of interest after you have hired the attorney, you might have to change attorneys or law firms. Worse yet, you could get stuck with a bill for her legal services incurred up to the date that the conflict was discovered.