Jacob P. Fair

Jake Fair has a diverse practice ranging from real estate transactions to complex commercial litigation. As a licensed CPA, Jake offers a unique business perspective to his clients. He offers daily advice to businesses on various issues and helps them understand the legal complexities associated with operating a business and protecting that business from liability. He has also successfully set aside a seven-figure default judgment entered against an out-of-state financial institution and represented companies and individuals in the negotiation, buying, and selling of commercial real estate.

Professional Experience

Jake Fair’s transactional and commercial litigation practice includes banking, commercial lending, municipal finance, bankruptcy and secured transactions. As a dually-licensed attorney and CPA, Jake offers clients the benefits of both legal and financial insight. His more recent experience includes:

  • Counsel to companies in corporate restructuring transactions including asset and stock transfers.
  • Counsel to an Arkansas bank in recovering against a fidelity bond insurance policy on a claim involving fraud of a lending officer.
  • Counsel to buyers and sellers of commercial real estate across the State of Arkansas.
  • Successfully set aside a multi-million dollar default judgment entered against a financial institution.
  • Represent various commercial entities, including shopping centers, in business disputes and evictions related to commercial tenants.
  • Assist and advise financial institutions on daily issues.
  • Assist and advise financial institutions regarding garnishment procedure under Arkansas state law.
  • Counsel to creditors in chapter 7, chapter 11 and chapter 13 bankruptcy cases.
  • Assist and advise property owners’ associations in collecting unpaid homeowners’ assessments and in pending bankruptcy cases.
  • WLJ e-Discovery Solutions team member, handling review and production of electronically-stored information (ESI) in complex litigation.

Jake is from the beautiful Heber Springs, Arkansas, and attended the University of Arkansas where he studied accounting. True to his background, Jake enjoys spending his time on Greers Ferry Lake and calling the Hogs.

Fair earned his J.D. from the UALR Bowen School of Law, graduating magna cum laude in 2015. While in law school, Fair served as Editor-in-Chief of the UALR Law Review. Fair was the recipient of the prestigious John & Ruth H. Brunson Award, given annually by the Law Review Editorial Board for distinguished service to the Law Review. Fair is now a board member of the UALR William H. Bowen School of Law Alumni Board. He is a member of the Pulaski County Bar Association, the Debtor-Creditor Bar of Central Arkansas and the American Bankruptcy Institute.


Fair was included in the inaugural edition of the Best Lawyers: Ones to Watch for his work in Banking and Finance Law, and Commercial Litigation.


Fair is originally from Heber Springs, Arkansas, where he graduated from Heber Springs High School. While attending the University of Arkansas, where he earned a degree in Accounting with a minor in Financial Investments, Fair served as President of the Sigma Chi Fraternity.

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