Some time back we had a very productive thread around carrying guns that had modification,including a trigger job.One of our TFL legal experts left a Gold Nugget (IMO).
If you ever use your firearm in a SD shooting,there will likely be a firearms expert in court.It might be the police dept armorer.
It was posted that if your trigger on a 1911 was under (IIRC) 4 1/2 lbs,the armorer's testimony would be that it was irresponsible to carry that 1911. A cop would not be permitted to.It MIGHT work out for you if you had a reliable 4 3/4 lb trigger,the armorer MAY say your firearm was sound.That can be very important,especially in the upcoming CIVIL trial you will face.
So,my point is,if this is a carry gun,forget about preserving the sweet trigger pull. Go for a 4 1/2 to 5 lb "duty/carry" pull. You can still have a very nice trigger,and you can still shoot the gun very accurately.
The 1911 is just not a good "DIY project gun". Not unless you choose to buy the Kuhnhausen books,read and study,and gain other demo support. The smith with knowledge and experience and proper toolsmust fit a series of parts so they work together as a choreographed dance,and the price of screwing up may be life and death.
If you want to learn the 1911,then learn the 1911. It doesn't take a superhuman,it does take understanding and perfection.
Free hand filing/stoning? Forget it. You must invest in the jigs and stones to do it.You must have full contact across the hammer/sear,you must have the proper angle relationship,and an .018 minimum engagement.
While the originalColt quality parts are good stuff,for my time and money,I'll buy a duty/carry grade kit of a matched hammer/sear/disconnect/sear spring from a quality supplier such as Cylinder and Slide (There are others)Ballpark $125.
All of the surfaces in question are precision ground,and USUALLY work properly drop in...but nothing is fool-proof drop in on a 1911.If you do elect to try this route DON"T DO ANYTHING TO THE PARTS!! and for Willie sake DON"T GET YOUR DREMEL OUT!! NOT!! NO!! I get my "shiny polish"on my sear surface by using a black surgical grade Arkansas stone that has been dressed flat on a diamond plate...that and my Marvel sear jig.The geometry remains precise.
If you assemble it and its not PERFECT,STOP!! Take it to the smith.
I'd also pop for a C+S or Brown or Wilson or other quality set of pins and springs.
IF you have a good smith available,ask about a price to install and and safety check.
If you have no smith,SOMETIMES you can just replace all those parts and get pretty good results.
If you balk at his price,check price on a trigger pull guage,and look at Brownells and price all the jigs and stones,the books,etc.You will spend a lot.
That's just MY way to do it.A good smith with the tools and skills might just dress up the original hammer notch and sear,and maybe replace and tune the sear spring. Maybe.
Good luck,and no matter what,it has to be 100% safe.Right now,"Red Tag" it out of service till its 100% I suggest you testfire with one round in the mag for several shots,then only two.
If you gun goes full auto,its better.