(1888PressRelease)
November 01, 2007 - Founder and managing director Roland de Graauw LL.M: “Because lawyers are (generally) not allowed to work on a no cure no pay basis in Holland and most legal advisors (who are not registered as lawyers) have, due to several reasons, avoided specializing in working on this basis for clients, the market demand exceeds the supply.”
The new websites are launched in addition to the main company site http://www.degraauw.com/LegalServices/ and follow the firm’s ambitions and developments in becoming Holland’s first firm fully specializing on no cure no pay legal services in the fields of labour law and contract law. The no cure no pay system means that a client only pays for the rendered services when a certain result that is set in advance is reached. To prevent unreasonable outcomes – a frequently heard complaint of antagonists of the system – De Graauw Legal Services usually works with maximized hourly fees that are dependant on the results instead of percentages of the results. This system is also known as ‘no win no fee’.
Clients seeking no cure no pay legal services are usually not willing or not able to accept the risks of paying customary high hourly wages in the legal industry, independent of the outcome or results of the legal services. These risks can be high – and quite often higher than many private persons and SME’s can afford to take – as the hours to be spend on a case can be for a great deal uncertain as well as the outcome. The no cure no pay system can provide a good solution for this problem and is therefore especially in demand by Middle-Incomes, as they are largely unable to afford an expensive lawyer in advance and regardless of results, while they are neither entitled to subsidized legal aid.
