How to spend it # 2

Lawyers — Waste of Money or Valuable Partners?

From cost factor to lifesaver

Uwe Weinreich
10 min readMay 3, 2023

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Photo by Hunters Race on Unsplash

Frankly speaking, lawyers can be of great help in many aspects. They minimize risks and know the technical terms to create a stable business and reliable relationships with customers and vendors. For underfunded startups, some legal fees are unavoidable, and some can hurt. Typically, both are the same thing.

If you haven’t decided yet what kind of profession you want to take up and the main criterion is to earn a lot of money from the very beginning, becoming a lawyer can be a good choice. Choosing a great law firm means earning abundantly from day one.

On the other hand, there are long lists of really bad jokes about lawyers. One goes like this, “How are an apple and a lawyer alike? They both look good hanging from a tree.” This kind of disdainful black humor shows that many people who have issues with lawyers also don’t see a way to get out of a particular dependency. The relationship between clients and lawyers is often ambiguous.

Thus, be careful if you decide to pursue a career as a lawyer. In addition to lavish salaries, you will also have to deal with long working hours, and you will not be loved by everyone.

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Uwe Weinreich

Uwe works as coach, author and consultant focusing on agile innovation and digital transformation. What he does is simple: he solves problems.