We think like plaintiffs.
Our clients come to us because they need the current situation to change – the sooner the better. WMC’s clients want payments from insurers now. They want to be made whole on failed business transactions now. They want compensation for stolen trade secrets now.
This means that, unlike many defense-oriented firms, we emphasize not only creativity and thoroughness but also speed and efficiency. The sooner we put the defendants at risk of losing at trial, the sooner the defendants will settle on acceptable terms or be forced to pay.
We try cases.
Unlike many lawyers at large firms, we regularly go to trial. We don’t try every case. Many disputes can and should settle, and some clients are better served when we devote most of our energies to negotiating reasonable and imaginative settlements that keep their disputes out of the courtroom.
But we have learned over decades of practice that clients achieve the best results only if their lawyers and adversaries believe that their cases will be tried to verdict. That is why, from day one, we handle every case with the goal of winning at trial.
We treat every claim as a valuable asset.
To us, client engagements are far more than “cases” or “files.” At WMC, our representations are joint undertakings with our clients to obtain or recover valuable assets. This means that our work has to be fast, economically rational, and successful.
When we interview witnesses, review documents, or engage experts, we decide what to do and what not to do based on a reasoned assessment of how our efforts will advance our clients’ objectives. When we advise our clients on settlement, we evaluate the amount currently offered, the practical and legal risks associated with further litigation, and the amount we expect to recover in the future, after a trial and after the costs of completing the litigation have been incurred. For us, pre-trial discovery, motions practice, and even trials are means to an end. They are never ends in themselves.
We offer alternative fee arrangements.
Most WMC lawyers began their careers at large international law firms and understand the aversion that some clients have toward hourly billing. We prefer to link at least a portion of our compensation to the outcome of our work. Ideally, we are paid for our successes rather than our time spent, and our clients’ financial victories translate into our own financial victories.
Sometimes we handle cases for pure contingent fees. Sometimes we handle cases for flat fees. Sometimes we employ hybrid compensation structures that result in our sharing some of the client’s litigation risk while earning a reduced fee. By offering alternative fee arrangements, we align our interests with our clients’ interests. We also are able to represent clients who cannot afford to pay by the hour even though their cases merit the highest quality legal representation. Of course, we also handle matters for standard hourly rates when that is our client’s preference. In all of our engagements, we work with our clients to develop compensation structures that make sense for everyone involved. Our system for compensating the attorneys who work for us reflects our results-oriented philosophy. All WMC attorneys share in the firm’s profits.
We get results.
When fighting for our clients in court, negotiating for them at the bargaining table, or advising them before any problems have arisen, we take a smart, aggressive approach that considers our clients’ business needs, the practicalities of their legal problems, and the possibility that decisions made today will affect what happens at the conclusion of the case.
That is why clients ranging from major international corporations and investment firms to entrepreneurs and boutique hedge funds to individual consumers and victims of fraud choose WMC to represent them.