One of the first costs that a film project incurs is legal fees. Finding an entertainment lawyer is not tough but finding a good entertainment lawyer is very hard. The balancing act a filmmaker must walk is to find a lawyer who does quality work but is not too expensive. Most contracts do not need to be written from scratch since most experienced lawyers have written them before. So be cognizant of the number of hours he/she is billing for each contract. This is also a good reason to use an experienced entertainment lawyer instead of a general lawyer or one who has experience in another field. Another benefit to using an experienced lawyer is that they will probably have done business with other lawyers in the industry and will have a shorthand in knowing how to negotiate with each other.
One last thing to remember in legal fees is that the best way to save money is having a lawyer who only has to perform each duty once as opposed to constantly correcting mistakes.
Lawyers are a necessary part of your film budget. Make sure that you only have to spend it once.
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