What is this "Partnership Pricing"?

Simply put, TCS offers its legal services as though it was a partner of the Plaintiff client. (Partnership Pricing is not available for Defendant clients except in cases where the Defendant client also has a legitimate Defendant's claim)

Both the client and TCS contribute at the commencement of the retainer agreement and both sides get paid on the eventual recovery, if any. In essence TCS partners with its clients by sharing the risk inherent in the litigation.

How does it work?

Your file is assessed at the initial consultation. You will be required to pay an amount equal to the anticipated expenses in obtaining and enforcing a judgment, if necessary. There are no fees charged at this time but the file will be assigned a negotiated percentage value for recovery, based on our estimate. In essence, TCS gets paid its fee when and only when it recovers funds for the client. Not on court time, not on obtaining judgment, TCS gets its fee when it recovers funds for you, the client.

What does TCS charge? What is the "negotiated percentage value" based on?

The negotiated percentage fee is based on the likelihood of recovery. For example, if your action is against a client, for example lets imagine the company is a long established coffee franchise named after a sports personality, which is entirely solvent and operating, your action is for an unpaid invoice and you have all the correct supporting evidence, your negotiated percentage fee would be between 12 -15%.

If your action is a claim against a closed business and its principals and you have no current contact or credit information, the likelihood of recovery is less certain and the negotiated percentage fee would be between 30 - 45%.

We anticipate most negotiated percentage values will be in the 25 to 35% range.

What does TCS contribute, if the client pays the upfront expenses?

TCS will set out its obligations in the retainer letter. On a typical file, TCS will send a demand letter, draft, issue and serve the claim, prepare the pretrial brief and the witness list, attend at Pretrial and Trial, locate assets and recover on those assets to make sure you, the client, gets paid. TCS gets its fee only when it recovers money.

Isn't this just a partial Contingency fee?

Yes and no. Try and find a legal representative to handle a Small Claims file on a contingency basis. And even if you do, people accepting contingency claims tend to "cherry pick" or choose only those files where they can get paid quickly and with little risk. At TCS, we will take all your files, including the difficult files, on the partnership pricing model. And because we are interesting in building long term relationships, we will assist you in making sure your documentation and business practices are the best they can be in your industry. We work with you, not just for you.