Opinions expressed by Digital Journal contributors are their own.
While the legal profession has had an integral role in society for centuries upon centuries, the rise of Hollywood and its subsequently fictitious film releases have clouded the general public’s perception of what it is that lawyers actually do. The main misconception is that any attorney is a one-size-fits-all solution to legal woes, when in actuality, there’s a variety of specializations throughout legal practice that can make or break a case’s outcome.
To many, defense lawyers represent the quintessential stereotype of an attorney, defending their clients over accused crimes to work toward their acquittal or enter a plea bargain. But what most don’t release is that most defense lawyers never even make it to trial, spending their careers working on plea bargains and finding resolutions ahead of entering the courtroom. That’s where trial lawyers come in; equipped with a comprehensive toolkit of trial-related skills, like jury selection and cross-examination, trial lawyers are the attorneys tasked with handling cases when the stakes are highest.
Enter Tibor Nagy, partner at respected New York City boutique law firm Dontzin Nagy LLP, who has earned repute in the national law community over the years for his demonstrated prowess at trial. Boasting a roster of clients ranging from Fortune 100 companies like J.P. Morgan to cryptocurrency leaders, executives to entrepreneurs, hedge fund managers to even his fellow lawyers, Nagy’s proven acumen in the courtroom continually attracts additional high-profile patrons to contract his services. With nods to Benchmark Litigation’s “Under 40 Hot List” and an award for “Elite Boutique Trailblazer” by the National Law Journal, Nagy’s prominent star is still only on the rise.
Rather than limit himself to one specific genre of practice, Nagy has embraced his role as a trial lawyer to the fullest, accepting and winning cases across a variety of subjects – including class action suits and patent disrupt cases. Nagy also shifts the paradigm of conventional law stereotypes by charging clients—whether plaintiffs or defendants—on the basis of his results rather than the hours put in, valuing his confidence in his ability to effectively represent his clients at trial over a profit-driven approach.
Nagy is likewise esteemed for his capabilities in handling cases for newer industries like the cryptocurrency sector, where legal precedents are still being set and navigating a trial can be tricky. Still, Nagy’s tenacity and sheer talent at trial have seen him earn crypto clients like ConsenSys major wins in court, an area of legal practice Nagy is intent on expanding as the Web 3.0 revolution continues building momentum.
“With litigation on the rise in our industry, we are lucky to have Tibor Nagy as trusted counsel and friend of ConsenSys,” said Matt Corva, General Counsel at ConsenSys. “If you think of the best solidity developer – that’s how we view Tibor in his field. In the face of rising litigation against companies in our industry, I’d strongly recommend Tibor.”
Nagy and Dontzin Nagy LLP are currently representing plaintiffs in a suit against cryptocurrency transaction platform Binance, looking to recoup their clients’ losses relating to the recent crash of controversial stablecoin Terra.
“Thousands of retail investors lost huge portions of their life savings because centralized exchanges like Binance chose to profit from sales of unregistered securities like UST,” said Nagy. “These exchanges will have to answer for what they’ve done.”For more on Nagy, visit his website for further information on the industry disrupting trial lawyer.
