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Florida Law Firm First Worldwide To Accept Carbon Credits as Payment for Legal Fees
Groundbreaking Initiative Aims to Reduce Carbon Emissions While Providing Clients with Fee Payment Alternative.
MIAMI, Dec. 17 /PRNewswire/ -- In response to the Copenhagen Climate Summit's call for innovative environmental solutions, a pioneering program was launched today to allow law firm clients to pay legal fees with carbon credits. Carbon credits are units that can offset a company's carbon footprint. One carbon credit is equal to one ton of carbon dioxide. The credits, which can be bought and sold in international markets, have gained significant traction as a legitimate currency to transact business.
The groundbreaking initiative was launched by the Cueto Law Group law firm based in Miami, Florida. The initiative is the first of its kind in the professional services industry. Under the firm's "CO Too(TM)" program, clients will have the flexibility to pay up to 20% of their legal fees with carbon credits. Carbon credits are a proven and effective way to reduce carbon emissions. The global carbon credit market was worth $126 Billion in 2008. The World Bank estimates that the market could grow up to $150 billion by the end of this year.
"The current economic climate is a golden opportunity for the professional services industry to develop new ways to tackle global emissions. Carbon credits represent a paradigm shift in the way that business is transacted," said attorney Santiago A. Cueto. "Our CO Too(TM) program is a way to help the environment, while at the same time providing an alternative way for clients to pay for professional services. We are proud to be leading the legal industry in this initiative and are optimistic that other industries will follow," added Mr. Cueto.
About: Cueto Law Group, P.L. provides its clients with a broad range of legal services, especially those of a complex, high-profile and multi-jurisdictional nature. By combining sophisticated legal representation with the efficiency, focus and personal service of a boutique firm, Cueto Law Group has become the firm of choice for commercial litigation, arbitration and transaction matters. You can learn more about Cueto Law Group by visiting the firm's website at www.CuetoLawGroup.com and blog at www.IntlBusinessLaw.com.
For More Information contact:
Santiago A. Cueto, Esq. Cueto Law Group, P.L.
Tel. 305-777-0377
Email: sc@CuetoLawGroup.com
Web: www.CuetoLawGroup.com
Blog: www.IntlBusinessLaw.com
SOURCE Cueto Law Group, P.L.
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