“No win No fee” legal services in the Construction Industry

22nd April 2020

     

Font size: - +

The Construction Law Platform (TCP) is set to revolutionise litigation and arbitration in the South African construction industry. 

TCP is the only Law Company in South Africa that offers either, or both, a retainer and contingency, “no win no fee”, fee arrangements. It also offers a unique “Use-it or Bank-it” fee system.

The Construction Law Platform evolved in response to an urgent need for construction companies to have access to affordable, specialised legal assistance to meet their day-to-day compliance, legal challenges and rights enforcement, for example, the right to be paid. This is now more important than ever given the effect of the national lockdown and anticipated post lockdown “fallout” on the industry.

At TCP we understand that currently cash flow is tight and high legal fees are not an option. Our “no win no fee” arrangement is an innovative solution to the reality of expensive litigation and allows TCP to share the risk.

So how does it work? Firstly we determine if the dispute meets the criteria for eligibility namely: Is there a reasonable prospect of success and secondly, is the defendant company solvent? Once this criteria is satisfied a contingency fee agreement is concluded.

Rest-assured that the “no win no fee” arrangement is regulated by the Contingency Fee Act and all our attorneys are registered with the Legal Practice Council of South Africa, which affords protection to all clients who wish to utilise this service.

For more information please feel free to contact kevin@theconstructionplatform.co.za or call 082 870 2634.

Edited by Creamer Media Reporter

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION