Should we pay a solicitor to set up a Community Interest Company?

Answered 7 Feb 2008 by c.cattell
In setting up a CIC we have met with a local Solicitor in order to ask him to set up the company rather than just downloading the appropriate forms from the CIC Regulators website. He has quoted £500 to do this, is it wise to employ a Solicitor or is it acceptable to do it without his assistance. Also we need some help in drawing up a Lease Agreement with the Landlord would a Solicitor be expected to cover this within the remit to set up the CIC.

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Charlie Cattell is a specialist in legal and governance matters relating to social enterprises, charities and voluntary organisations, assisting a wide range of groups with legal structures, organisational management, and regulatory issues.