Category Archives: Lawyer Fees

White Collar Crime

A white collar crime is a crime that serves as an umbrella over a large assortment of other crimes that all have to deal with gaining profit via lies and deceit.  The different crimes that would be included under this umbrella include, but are not limited to: securities fraud, tax evasion, and embezzlement, insider trading and laundering.  However, the most common type of white collar crime is securities fraud.

  • Securities Fraud

–        Securities fraud is insider trading, where one individual who has inside information about another individual or organization gives that information to someone else without the consent of the original party.  Another type of security fraud is where an individual invests in a company, while deliberately lying about the company’s finances to the general public and/or law enforcement.  This means that an investor or entrepreneur who invests money based on incorrect information did not commit the securities fraud, but that the individual or group who convinced him or her to do so committed securities fraud.

  • Embezzlement

–        Embezzlement is another white collar crime.  The frightening part about it is that even lawyers and attorneys can use embezzlement on their own clients.  Embezzlement is where an individual illegally takes money from a person that they owe money to.  Therefore, if a lawyer works for their clients, if they steal money from them they have just committed embezzlement.

  • Money Laundering

–        Money laundering is where an individual illegally gets money and filters it through a series of transactions to the point that the money appears clean.  The funds would be first placed into a bank, and then divided and sent to other accounts through many different transactions, and then combined with clean money.  These funds could be used for a variety of different reasons: investing, sending, saving, donating, you name it.

  • Tax Evasion

–        Another serious white collar crime is tax evasion, which is the last one we’ll discuss.  Tax evasion is where an individual or organization uses means to avoid taxes that they owe, hence the name ‘tax evasion.’  Tax evasion is fairly straightforward but also complicated: you write incorrect information on tax forms illegally to get out of pay taxes.  There are numerous ways for how you could put this information on tax forms r where you could get the information from, but nonetheless, the penalties for tax evasion are very harsh.

Dealing With Divorce: Reduce Your Lawyer’s Fees By Acting Reasonable

The divorce process is a tricky process, and it famously gets nasty in some respects. In most cases, the necessary steps to complete a divorce go as smoothly as both parties can manage to make it. Sometimes, outside factors like children play a large role in how a divorce finishes ‘clean.’

And, sometimes, those aforementioned factors can make both parties act upon their emotions during a divorce, making the process longer than it needs. When this happens, both parties may also make their attorney fees higher than they need to be.

 

Reduce your lawyer’s fees by acting reasonable

Attorney fees cost a lot. Many charge hundreds by the hour, and those fees usually end up costing thousands of dollars at the end of the divorce process. Couple that with additional fees and both parties may end up paying a lot for legal aid during a divorce.

Believe it or not, dishonesty plays a large role in making attorney fees balloon. Demonstrating honesty is the most important thing both parties owe each other during the divorce process.

If they’re not completely honest, their finances will suffer. That’s because their attorneys will be shouldering most of the responsibility of managing and investigating both parties. Let’s see some examples:

If both parties can’t talk to each other respectfully about child custody matters, they’ll have to enlist their attorneys to communicate with each other, speaking for them. As a result, they’ll have to pay hundreds or thousands of dollars in fees just to arrange a single visit to sort out those issues.

Impromptu or ongoing investigations also run up attorney fees. Attorneys have to spend a lot of time finding out more information about either party. If one or both parties remain dishonest, either attorney will have to spend time investigating everything the opposing party presents them. And, that costs attorneys a lot of time, so they charge accordingly.

One party may have to pay those fees if the courts order them. This usually happens in cases where the supporting party is ordered to pay child support or fulfill their child visitation agreement. They’re also awarded to parties who earn more money than the other party or if they know more about the worth of their community property. Some jurisdictions make it the responsibility of both parties to pay legal fees.

Ultimately, it’s the responsibility of both parties to avoid paying unnecessarily high legal fees by remaining amicable with one another. If they manage that, they won’t have to pay more money than they need to during the divorce process.