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JimLawyer
JimLawyer, Solicitor
Category: Law
Satisfied Customers: 9203
Experience:  Senior Associate Solicitor
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Assistant: How can I help? I have a contract I would like

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Hello
Assistant: Hi. How can I help?
Customer: I have a contract I would like reviewing
Assistant: Where are you? It matters because laws vary by location.
Customer: Would that be free? the UK
Assistant: JustAnswer requires a modest payment. You'll see the amount on the next page. It's way less expensive and more convenient than any face-to-face visit. What steps have you taken so far?
Customer: reciecved and read the contract
Assistant: Anything else you want the Lawyer to know before I connect you?
Customer: but I don’t understand it all

Hello, my name is ***** ***** I am a qualified lawyer happy to help you this evening.

What would you like to know about the contract?

Customer: replied 7 months ago.
Basically if I’m being screwed or not
Customer: replied 7 months ago.
I know I’m responsible for all the funds etc
Customer: replied 7 months ago.
But I want to know if I’m anyway the contract is very biased towards them I.e they can take all my money at a certain point
Customer: replied 7 months ago.
Do you have a personal email I can send it too
Customer: replied 7 months ago.
It’s just it’s on my computer and I’m logged in on my phone

If you want to email it, the address is***@******.***.

It may not reach me until tomorrow though. You may prefer to upload it when you're back at your computer.
I am around tomorrow if that helps

Customer: replied 7 months ago.
I do need help instantly however
Customer: replied 7 months ago.
I can login to my computer

OK, whilst I am happy to help, I cannot tell you anything about the contract nor answer any questions about it until I see it as you can appreciate

Customer: replied 7 months ago.
im now on my computer
Customer: replied 7 months ago.
how is the fastest way i can get it too you

I have uploaded the link to show you how to upload the contract to this site.

If you can do that and please outline your concerns/questions

Customer: replied 7 months ago.
i have uploaded it
Customer: replied 7 months ago.
i know i am liable if anything goes wrong etc - i would like to know if in anyway FALKON can claim all my money - more than the 30% cut that they shall recieve

Thanks, ***** ***** take a look

Customer: replied 7 months ago.
il wait here on the messaging service for a response - also please notify me if anything seems suspiciouslly bias in favour of FALKON

These companies always arouse suspicion unfortunately - it doesn't help that this company is not regulated by the Financial Conduct Authority, so if something does go wrong (they take your money, etc) you have no comeback.

I will have a look in to this now though and give you my further thoughts

Customer: replied 7 months ago.
i do trust them, and have used their services for the past year, they also dont have acess to withdrawing nor depositing funds on the account , correct?

I have looked in to this further and the 30% cut for them is their compensation under the agreement - which is the main issue here - they talk about a high water mark figure.

Apart from that the contract looks pretty standard with no red flags as such - but I am not clear about the high water mark figure they are referring to (I am not a Forex trader). It seems to say that the water mark figure has to be breached before you will be billed.

Customer: replied 7 months ago.
thank you can you hold this line 2 mins whilst i talk to the contractor

Yes

Customer: replied 7 months ago.
the high water mark figure is that i wont be billed 30% of profits until the account reaches 15k as we agreed
Customer: replied 7 months ago.
nothing else dodgy? everything seem fair?

OK, they cannot be paid until you reach that figure then.

Customer: replied 7 months ago.
everything else seem fair?

Just one thing - the contract as a whole - it doesn't say whether any dispute would be under US or UK law. I presume UK law as any dispute over jurisdiction should be resolved in your favour

But yes, the other terms seem to be fine in my view and nothing untoward.

Many thanks,

Jim

Customer: replied 7 months ago.
they say the contract works under all laws

OK, like I say, if there was any dispute you could ask a UK civil court to interpret the agreement and resolve any dispute.

Customer: replied 7 months ago.
nice one mate many thanks

No problem, if you could please rate 5 stars for the answer I would be grateful.

Many thanks,

Jim

JimLawyer and other Law Specialists are ready to help you

Many thanks,

Jim