FOR WHO
Law Firms and Chamber functions, Boutique Firms, Claims Management Companies, Litigation Funders and other Claim Specialists and Service Providers, Advisors and Financiers
WHY
Practiclaim Service Providers are vital to the success of the process and user’s experience. We offer them the opportunity to join Practiclaim cost-free as preferred legal claim service providers on selective criteria. In this way, they will be able to pitch specific claims that might benefit from Practiclaim on an ad hoc basis.
Allocation of work is done through a competitive bidding process which selects the best cost-for-value claim service provider on a conflict-free non-exclusive basis, with creative advocacy and technical expertise to ensure optimal results.
Keeping in mind the guiding principles that underpin the Practiclaim model, we ask that claims be processed in an ethical, self-managed, conflict-free, interests-aligned, and collaborative manner. Forward-thinking approaches and flexible value-based outcome-related fee schemes constitute the main characteristics that Practiclaim is looking for in its claim service providers.
YOUR MOTIVE TO JOIN
Work and collaborate on a preferred non-exclusive basis
Have a broader professional, international client base
Generate more claims and increase your fees
Align and hedge your risk, while making a gain
Source additional contentious and pre-contentious work outside the conventional channels
Forge claim mandate-related alliances of limited duration
Save and benefit from claim management and business development resources
Free not to refer work, while receiving additional financial recognition if you do so
Decide on your own flexible fee that works for you and Practiclaim users
Benefit from the bulk of your value-based fee in alignment with Practiclaim managers, following your own engagement schemes
Retain complete control over your Practiclaim relationships
Establish direct contact and billing with your Practiclaim users