VIRTUAL LITIGATION DEPARTMENT
A new approach to dispute resolution
Offer a valuable litigation product to your clients without the cost or risk of setting up a department.
Many SMEs avoid bringing commercial claims due to financial risk, uncapped legal bills, and huge upfront costs. Litigation-by-the-hour can be very drawn-out with uncertainty about the return received for damages. Most claimants are lucky to net 50% of their damages, even in successful cases.
Instead, SMEs tend to write off what they are legitimately owed. This is a huge gap in access to justice for the SME market.
If you could offer your commercial clients a solution to improve their cashflow, how do you think that would impact on your overall relationship?
Thanks to our partnership with the multi-award winning Escalate you can now do exactly that.
We will set up a ‘virtual’ litigation department in your firm. What does that mean? Think of it like a department store concession. Your law firm is the department store. Inside the shop, your clients can access all sorts of legal services, most of which are supplied by you. The ‘concession’ in this case is an innovative commercial dispute product, powered by the Escalate team.
Offering the service in this way removes the regulatory and insurance risk from you, and there is no Work-In-Progress or disbursements to carry on your books.
And, you can benefit in the successful cases through a generous fee share – turning an untapped client base into a new income stream.
Plus, the Escalate litigation product can be co-branded, so you lose none of the relationship with your client.
If you have access to SME clients and are not offering them a solution to recover their late payments and bring other claims, you are not helping them. You are also leaving money on the table.
What is Escalate?
Escalate Disputes is a multi-award winning commercial litigation solution, born out of a huge gap in access to justice for SMEs. There is an estimated £40 billion written off every year by these businesses. That’s because the ‘traditional’ approach to dispute resolution is broken. It is slow, expensive, risky and incentivises the wrong behaviours.
The Escalate team realised that there is another way. By rebuilding the system and supply chain from the ground-up, they can offer a complete solution to SMEs. In a way that the client’s interests are aligned with the lawyer’s.
It’s not just about being an expert legal team (although that’s a big part of it). The Escalate product also includes funding, insurance and client protection.
What types of cases can be dealt with under the Escalate system?
Escalate has been proven to unlock cash in almost any commercial litigation case you can think of. Cases typically range from small late payment claims (under £50,000) to complex litigation (£500,000+) and everything in between.
The team specialises in both contract and negligence disputes in sectors ranging from professional services to property, construction, intellectual property, insolvency, tax, manufacturing, automotive and creative industries.
Can this be run in our existing litigation department?
Yes! An established team is well placed to take advantage of the Escalate opportunity. The product will become an important tool in your team’s toolbox. When clients come looking for your help you will be positioned as a problem solver. You can use your database of past clients to flush out claims that otherwise would have been written off.
The Escalate litigation product
Who else uses Escalate?
Once you decide to join our network, you will be in good company. Some of the largest regional professional services firms have demonstrated great success in becoming Escalate partners.