Quote from: GalaxyASIC on January 08, 2014, 12:41:21 AM

The other lawyers I spoke with are more experienced with BTC but wanted retainer and be paid on hourly bases, while Ray's 40% is high, that is only 40% above current offer of $5,600 USD. Also, issue is not as much BTC related as contract related to be paid back in a form we paid which was in BTC. So I think that it's a safer choice. If I get in the end $5,600 I keep it and anything above it I keep 60%. Also there is a possibility that lawyer would be awarded fees separately from our award and in that case I keep 100%.

It is more preferable to me to not send good money after bad and I am willing to keep 5,600 + 60% than put additional $10k in retainer on a line.

While all of the above is true, I think it does not convey the situation faithfully.

You see, I did not chose Ray Gallo for the case because his offer is affordable; I chose him because he is an expert in consumer fraud and class/mass actions, having win 85% of his cases, and recovered >$100M USD in similar cases.

This is why I think it's a good idea to go with him, and not because he is the only one we can afford. (Which might also be true, but ultimately, besides the point.)