Welcome to Jaz,
A Professional Legal Corporation
PleAse Allow us to iNtroduce ourselves.
We’re A firm of weAlth And tAste
Welcome to JAz, A ProfessionAl LegAl CorporAtion
SpeciAlizing in everything thAt hAs never been done
We Are A lAw firm
thAt speciAlizes in mAking the
Our goAl is simple.
We tAke A bAd song
And mAke it better.
thAt every Absurdity
hAs A chAmpion thAt cAn solve it.
And we don’t stop
‘til the other side hAs hAd enough
Like every other great innovation, Jaz was borne out of a belief and a vision that there exists a better way to do something. In this case, Peter Jazayeri, the founder of Jaz, knew there was a better way to provide legal services and squeeze the blood out of life each day.
Peter spent nearly fifteen years toiling in the world’s largest corporate law firms, learning and lurking with a curious mind. Like Bruce Lee studying martial arts at the Shao Lin Temple, those fifteen years provided Peter with countless hours of advanced, high-stakes mental and physical training. In 2013, Peter realized his brand of legal kung-fu was tested and ready. Leaving Han’s Island, he took his salt, coal, and smarts and launched Jaz, A Professional Legal Corporation.
But the story of Jaz is a greater tale than just another bird soaring from its corporate shawshank. Like its musical namesake, Jaz is about improvisation, freedom, truth, courage, discipline and inspiration. There may be clubs you can’t belong to, neighborhoods you can’t live in, and schools you can’t get into, but the story of Jaz is proof that the roads are always open and that there are no limits.
Peter Jazayeri is an experienced commercial litigation and insolvency lawyer, and the founder of Jaz, A Professional Legal Corporation. Peter specializes in creating solutions to economic situations involving business disputes, distressed assets, and investment opportunities. Peter graduated cum laude from the University of California at Los Angeles in 1994, earning honors from the Political Science department. In 1998, Peter obtained his Juris Doctor from The George Washington University Law School, in Washington, D.C., where he was a member of the Moot Court Board. Peter clerked at the United States Court of Federal Claims for the Hon. Dianne G. Weinstein. After graduating law school, Peter worked for the Wall-Street based law firm of Stroock & Stroock & Lavan LLP, specializing in antitrust, commodities and derivatives, energy and bankruptcy litigation. Peter left Stroock in 2008 to join the insolvency department of Ervin Cohen & Jessup, where he represented companies in Chapter 11 matters during the nation’s turbulent economic crisis. In 2010, Peter was recruited to join Blank Rome LLP’s new Los Angeles office, where he was a member of the litigation and bankruptcy departments. After 15 years of training from the nation’s best corporate law firms, Peter founded Jaz in 2013. Jaz’s clients include secured lenders, private investors and investment funds, receivers and trustees, and corporate entities. Peter has published numerous articles, ranging from Platt’s to the New York Law Journal, on issues pertaining to risk management, bankruptcy law, market compliance, and financial regulation. From 2004 through 2008, he served as a Board Member and Secretary for the Energy Bar Association (Western Chapter). In 2012, Peter was appointed to a three-year term as a member of the Insolvency Law Committee for the Business Law Section of the State Bar of California. He is currently the Committee’s Social Media Sub-Committee Chair, and in 2014 will serve as a co-editor for the state bar’s insolvency law e-bulletins.
New York City Somewhere in the Seventies
It started in the early 1970s, in the Middle-East, where a family of three decided to escape a former empire on the brink of revolution. Mahmood Jazayeri, and his young bride, Farah, picked up and left Iran, taking their newborn son Farbod to New York City.
America in the 70s, and New York City in particular, was enmeshed in a time of turmoil. Led by a President who was being lampooned weekly on national television by Chevy Chase, the nation was searching for its soul. The city that never sleeps was brought down by taxi strikes, a blackout, and a serial killer named Sam. The greatest country the world had ever known, and Gotham city, were at a cross-roads.
Armed with nothing but a suitcase of dreams and a fiesty belief that education and hard work would lead to prosperity, another immigrant family arrived. Mahmood became a doctor, completing his medical internship and residency. Recognizing that no one could pronounce his name, Mahmood rebranded himself Jay, totally oblivious to the fact that there was already a more famous Dr. J at the time.
Farah went to St. John’s, and earned a master’s degree in chemistry. While his parents were studying and working, Farbod was busy absorbing the great icons of seventies American culture through television. He was inspired by Reggie Jackson, superhero comic books, and paragons of science fiction involving apes and robots.
In an episode that would foreshadow his future legal creativity, five-year old Farbod told his parents he wanted to change his name to Peter. He withstood his parents’ questioning, citing his father’s name change as a precedential example. When his mother asked him “Why, Peter?” He said, “for Spiderman.” Like the superhero he named himself after, Peter embarked on the next amazing chapter of becoming the person he wanted to be.
Sunny Southern CAlifoniA in the ReAgAn Eighties
Amidst the backdrop of the Reagan 80s, and the cold-war struggle between good and evil, the Jazayeris left New York City for Palos Verdes, a conservative coastal suburb of Los Angeles mostly populated by old-school patricians and aerospace defense workers. Southern California’s critical elements of sunshine, ocean, and freedom to dream became the amino acids for Peter’s future.
As an outsider coming to a small blue-blood community, Peter found a thin blue line in a red teenage sky through basketball and music. He was blessed with the opportunity to witness the Los Angeles Lakers nightly, inspired by the creativity of Magic Johnson’s no-look kick passes, the grace of Kareem Abdul Jabbar’s skyhook, the swiftness of James Worthy’s swooping dunks, all woven together masterfully through the words-eye view of Chick Hearn and the leadership of Pat Riley. The passion and dedication that these athletes demonstrated would prove to have a profound impact on Peter’s thought-process by teaching him how to pursue a goal where anything is possible.
If he was not playing or watching basketball, Peter was sequestered in his room, injecting his brain’s voracious thirst for knowledge with a vast and diverse sonic assault. Peter learned to appreciate the fragilities of the human experience by listening to all different styles of music. The Rolling Stones and the Who gave him the knowledge to question authority and believe in oneself. Van Halen, Motley Crue, and Guns n’ Roses showed that there were no rules and only self-imposed limits. James Brown, Prince, and Michael Jackson illustrated the importance of style, rhythm and class. And through NWA, Ice Cube, and Public Enemy, Peter gained the power to hear the unheard.
In spring 1990, as Peter was about to graduate high-school, he was confronted with an important life decision. Would he return to New York City and enroll at Columbia University or would he stay in California and attend UCLA? Elders from all walks of life came to counsel Peter that an Ivy League education was something that should not be turned down, and that concepts such as happiness, fun and weather should not go into making such a decision. Bucking conventional wisdom, Peter told his family and friends that he was going to UCLA because Kareem and Jackie Robinson went there.
Nineties Doom Gloom And Zoom
With the United States on the brink of war with Iraq, Peter began his freshman year at UCLA as a biology major. The Nineties were a decade of great change. The Soviet Union, the target of America’s military and industrial focus for nearly fifty years, crumbled. Magic Johnson, a five-time NBA champion, suddenly announced he was leaving basketball because he had contracted HIV. America fell into recession.
Discomfort, however, produces change. The large government bureaucracy that was UCLA taught Peter that you sometimes you have to zig when others zag. Peter changed his major to political science, spent a summer working at the Brookings Institution, and graduated cum laude, with departmental honors. In the middle of all this, he also met the girl of his dreams, who would become his wife. His core nucleus was formed.
After graduating UCLA, Peter studied the stock market, and taught himself how to trade options and other derivative contracts. He was offered a job by a bond trading firm, but, with the OJ Simpson madness taking over Los Angeles, Peter knew it was time for a change.
Peter moved east to the capital city, Washington, D.C. and enrolled at The George Washington University Law School. While there, he took full advantage of being in a world capital. He clerked for a federal court across the street from the White House, met the President of the United States and China, worked for a large firm on Pennsylvania Avenue, and learned to forge ties with the East Coasters. Although he gained appreciation for centuries of tradition, the experience of going to law school in a rigid rule-oriented government center cemented Peter’s belief that California creativity, combined with hustle and desire, could triumph over pedigree and lineage. Following graduation, he accepted a job with a venerable international law firm in downtown Los Angeles. He was so grateful to be moving back home. He was also very pleased to have proved wrong the so-called career advisors at GWU who told him that getting a job at a large firm in LA was “unrealistic”.
First DecAde New Century
With the credit boom in full effect, corporate America proved to be a fertile training ground for Peter. Peter joined one of the oldest law firms on Wall Street, and took full advantage of the opportunity to learn from some of the nation’s most demanding and skillful attorneys. Peter represented the titans of finance, including Goldman Sachs & Co., Wells Fargo, N.A., McKinsey & Co., NASDAQ, Sempra Energy, and others in antitrust disputes, commercial litigation, and financial restructuring matters. From the boardroom to the courtroom to the backroom, he learned how deals get done and how cases are won.
But ultimately, Peter’s curious mind got the best of him. He wondered why seasoned lawyers charging $1000 an hour would have no knowledge of a case, and why a newly-minted grape attorney could charge $500 per hour. He wondered why legal secretaries, who had years of experience and street-smarts, were utilized only to make two-hour lunch reservations for their bosses and secure first class airline upgrades. He didn’t understand why a client would want to subsidize a 50th story view of the metropolis, when it had nothing to do with the ultimate results of the case. He wondered why every law firm claimed to eschew “cookie cutter approaches” yet they all resembled the same hollow machine running defunct software programs.
Eventually, the cacophony convinced Peter that there was a better way of doing things. Like a time traveler returning to the future, Peter took his motor and launched.
Frequently Asked QuestionsWhat is Jaz, A Professional Legal Corporation? Jaz is a privately-owned law firm located in the Century City section of Los Angeles.
What kind of cases and projects do you handle? We specialize in business transactions and related economic disputes. We appear in California Superior Courts, federal courts, bankruptcy courts, and before administrative agencies.
Who are your clients? Our client base is a diverse segment of the commercial economy, ranging from publicly-traded companies to private individuals. We represent secured lenders, investment funds, special purpose entities, fiduciaries/receivers, private businesses, real estate magnates, investors and note holders.
How much do you charge? Our prices are based on the amount of brainpower utilized to create a solution. In general, our hourly rates are a fraction of the rates of our competitors at other firms. Because you are not subsidizing country club memberships, three-hour lunches, or global offices, we are able to give you an impeccable price for an individualized solution.
What separates you from the competition? We know how to take a sad song and make it better. Each day, we bring passion, creativity, discipline, flexibility, and championship desire to our projects.
How do we know you are any good? Characterize people by their actions and you will never be fooled by their words. We let our results speak for themselves and would be happy to provide you with references.
Why would you call a law firm Jaz? Like its musical namesake, Jaz is about improvisation, freedom, truth, courage, discipline, passion, wisdom, and inspiration. If your lawyer does not have these qualities, then how can you expect your lawyer to successfully advocate on your behalf?
What is your approach to litigation? Generally speaking, litigation is an inefficient and illiquid process. We utilize a proprietary algorithm that measures the probability of establishing standard deviation pivots caused by externalities. We use this information to help narrow the bid/ask spread between plaintiff and defendant and create a market clearing price.
Are you really lawyers? No, we are also superheroes.
How can I get the limited edition Jaz Air Jordans? Just ask.