on each of your deals do you use an attorney? That can get very pricey!
Sean
As you have pointed out, the cost of using an attorney is extremely high. As a result, I never use an attorney on an individual deal, unless there is something that worries me. A good attorney pays for himself in helping you avoid litigation. When you first use a standard contract or lease form, it does not hurt to pay an attorney to read it (total time 1 hours = $250 or so), but other than that, your use of them should be extremely limited or non-existent. I was able to own and operate over 300 billboards for 14 years and only get in legal trouble one time (with a Ramada Inn that I had removed their ad for non-payment without following the rules of cancelling the contract correctly) but even that was settled out of court. Billboards are not a very litigious industry, is the bottom line.