Flexibility:
Diverse Financial Options for Clients
Contingency Fees: Commercial
Litigation
As a result of business deals gone bad, tortious interference from
a third party, or other forms of complex commercial matters, a client
may have significant monetary claims. Frequently, the best means
for addressing these claims is the often high-cost route of commercial
litigation. But what can the client do if he or she does not have
the necessary cash flow to fund the litigation of the commercial
claim?
The Jacobs Law Group undertakes select commercial
litigation claims on a contingency fee basis. By entering into a
contingency fee agreement with the Firm, the client is not only
spared the cost having to allocate precious cash to its attorneys
fees in litigation, but also the Firm has a keen, vested interest
in the success of the litigation. We only get paid when the client
is paid.
We have handled many contingency fee matters, with
the amounts in dispute ranging from half a million to well in excess
of ten million dollars. Some of these cases have been litigated
publicly, others tried in private arbitration and still others settled
in highly confidential face-to-face negotiations, foregoing the
need to appear in court.
The Firm subjects each case to a strict series
of evaluations based on: the chances of success; the level of difficulty
vis-à-vis the eventual litigation; the resources available
to the opposition; the amount in question; the likelihood of collection
if we prevail and a host of other important factors. We do not take
a case unless we sincerely believe that we can win for both the
client and the Firm.
IGC
Our unique Independent General Counsel offers
another interesting level financial flexibility. It provides clients
with option of committing to and paying for a fixed set of quarterly
hours in exchange for a billing rate that is significantly discounted
from our standard hourly rates. This allows clients to afford the
security and peace of mind that comes from having full-time representation
without worrying about the exorbitant costs associated with in-house
counsel.
Personalized Service
At the Jacobs Law Group we strive to offer our clients an unsurpassed
level of service and flexibility. We realize that each client is
unique and as such we recognize the importance of customized solutions.
For example, our contingency fee structure can be adapted for the
particularities of each case. Or, if the situation is appropriate,
we may sometimes offer a discount from our hourly fees in exchange
for a partial contingency fee. We are even willing to construct
individual solutions for emerging growth companies through a combination
of equity and/or hourly fees. As a goal we strive to not only provide
each client with the best quality legal representation, but also
with a superior level of service.
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