Legal Opinions and Advice
Legal Opinion written document in which an attorney provides his or her understanding of the law as applied to assumed facts. Attorneys often give legal opinions on matters such as title to real property, corporate transactions, intellectual property, banking, M&A, complicated litigation issues among others
Legal Advice is the guidance given by lawyers to their clients. The term “guidance” is important to this definition. It points to the key difference between a legal opinion and legal advice—i.e., that a legal opinion is an attorney’s analysis based on past or present facts, while legal advice is an attorney’s counsel and guidance as to what future actions the client should take.
Knowing the difference between these terms can help significantly when you meet with an attorney. Being aware of the difference between a legal opinion and legal advice can save time and money and help you get the best legal services possible.