My father and grandfather, both attorneys, tell stories of accepting and rejecting interesting fees for legal services.
Although the Model Rules of Professional Conduct go into great detail about attorney's fees, the basic mandate in Florida and Georgia is that fees for legal services be "reasonable." The Rules permit payment alternatives such as property or other items of value so long as the property offered as a fee is not the subject of the work the attorney is performing for the client or property in which the attorney has superior knowledge of the excessive (compared to the reasonable fee) value of the offered property.
My father, http://www.kenbikelaw.com/, worked for years in the US Virgin Islands where he often accepted food and drink from his restauranteur clients. One client, a sea food distributor, paid him in frozen fish. Ken recounts his favorite in-kind fee is a red carbon fiber Trek road bicycle accepted as part of a contingency fee agreement when settling a case for an injured cyclist.
My grandfather, family legend has it, once turned down a legal fee of 2% of a small start up food manufacturer called Frito, Inc. Of course Frito went on to become Frito-Lay... Ouch! Sometimes fees are not interesting because of what is paid but who has, or has not, paid. Another family tale alleges (lawyer talk for don't sue me) that my grandfather's office files contained a bounced check from the daredevil, Evil Knievel.
My firm has accepted art-work and even farm animals (no more please). Today, we are announcing that Law Office of Erik Rosskopf, PA will be accepting Bitcoin (BTC) as a payment alternative for many of our fee based services. The cryptocurrency is in its infancy and is experiencing wildly fluctuating value so become familiar with use of the BTC when using it to pay our or any firm's legal fees. Link to the Bitcoin page on the site to read more and follow external links that explain the ease of peer-2-peer transfer of Bitcoin.
Many of our cases are contingency fee cases meaning the fee is contingent upon a successful resolution and only paid from the settlement/verdict proceeds. Other legal services such a having a last will and testament drafted, incorporating your business, divorce, child custody, copyright, trademark, or defending criminal charges may now be paid in BTC for Florida and Georgia clients. Please call to discuss your particular matter. We provide free initial consultations and can quote services in dollars or BTC.
(904) 422-4323 in FL
(404) 421-4233 in GA
Click the button above to explore paying with Bitcoin or receiving Bitcoin if you are due settlement proceeds . Not suitable for some transactions with this firm.
Attorney Erik Rosskopf
An active member of the Florida and Georgia bar associations, he practices in Jacksonville Florida handling cases throughout North Florida and Georgia.