This is getting more interesting by the day but do you think there is need for legal consent for wallet recovery?
If there should be a legal consent, any person that has a wallet recovery services must have gotten a legal consent and must have been registered so in case any thing goes wrong. Majority of these services have particular percentage they do request after they might have recovered the fund. This percentage can be from 5% upward depending on the legal agreement.
Well what you said is true because wallet recovery service is not something that one should just take for guaranted, infact it calls for great concerns. So I think it will be a good idea if legal consent is involved as this will guarantee the safety of both party, that is the wallet recovery service and the owner of the wallet. The reason for the legal consent is for documentation purposes and to avoid scam. Just like you said this recovery service do collect charge and as such there should be an agreement as per how much they will charge to avoid unnecessary drama at the end so legal agreement is very crucial
Not only to avoid drama, it can also stands as a means of escrow between keychainx and it client, because when legal team are involved, the security of your asset is like 80% secure, because the legal team will come after anyone that tried to defraud or breach the contract that was signed, so it's a very good idea if legal agreement is part of any business done between keychainx and it client.
Getting a legal representative for both parties is like going to the extreme why do we have reputable members who serve as escrow on the forum they are here because they are trustworthy and funds can be trusted into their hands without having any atom of fear. The best thing is for keychainx being the service provider to have a reputable member whom the forum trust to be at the front representing them and the client also agreeing for a reputable campaign manager or other reputable members of the forum to serve as an escrow between them so that if anything goes wrong the escrow will come up to bring the evidence of what exactly happened. In a situation where the legal team of the client doesn't know how to locate the company doing the wallet recovery business for his clients don't you think the forum is the best place where the alarm will be ranged if there are cases of fraud in the recovery processes? I think it is best to have all the agreement on the forum instead of taking it outside the forum by bringing in a legal representative.