Posted by: Scott Thompson
Heard an amusing story the other day about an old barber in a small town. He was the only barber in town and charged $35 a haircut and he took pride in his work and always did a good cut. A new barber moved into town and opened across the street from the old barber. A large sign went up in the new barber's window stating ' $6 haircuts'. The old barber was very concerned and worried about the impact on his clients and business. He had a long think about it and the next day erected a large sign in his window that read 'We fix $6 haircuts'.I am seeing the $6 haircut equivalent in our legal industry more frequently. Cheap and in some cases, 'free' legal documents online is one example (Wills, Super funds, trusts etc) . Allowing price to be the only determining factor in choosing a lawyer (or a barber for that matter!) is fraught with danger.
I might have to hang a similar sign to that of the old barber out the front of our office!
