Practiclaim provides a full range of strategy, claim management, dispute resolution, litigation financing and monetization services to claimholders and claim providers needing support globally. This optimizes favourable settlements, case wins, enforcement, and recovery.
Legal solutions
Practiclaim provides personalized claims’ legal solutions, in a timely and cost-effective manner, using multi-sourced evaluation and client engagement methods from preferred claim service providers.
For each claim, it assists selecting, assembling, and monitoring teams of dispute counsel, claim assessors and dispute service providers who have specific knowledge of the claims to deliver work on a centralized, self-managed, risk-sharing, outcome-related fee basis.
This ensures that arbitrations, litigations, and proceedings are managed consistently, shifting away from pre-imposed traditional models that hinder the quality and efficiency of the claim mandate, and its outcome.
Commercial and financial solutions
Practiclaim provides a bespoke commercial and financial claims’ solution throughout the claim journey and the ensuing disputes, by devising tailored risk-sharing structures and optimized pricing models, through allocating the best specialists for each claim.
Claimholders and claim providers can evaluate, progress, fund and monetize their claims, awards, judgments, and receivables at any time.
In addition to monetization, bespoke investment structures include upfront discounted payments or advances with long term equity participation in claims, awards and judgements whether onboarded or not on the platform.
How it works
It matches the right in-house flexible talent in an integrated and responsive manner to current claims in real time
It extends legal departments and other functions of users in managing their claims and ensuing litigation by assigning dedicated expert claim managers (Claim Managers)
It allocates specialized legal teams and service providers (Claim Service Providers) for advice, assessment, investigation, funding, and representation
It allows for a free initial pre-assessment of qualified claims, relieving the claimholders from entry level engagement hassles
It integrates innovative bidding processes, ensuring competitive pricing while preserving quality and allowing users to decide their own fees
In addition to multi-sourcing at an optimized cost, it evaluates multiple claim service providers at no-obligation and ovulates claims early
It allows claim holders and providers to map out the potential outcomes, cost, opportunities, and risks
It offers predictable, prioritized, efficient and cost-effective quality services
It allows for a blend of expertise needed to reach the right outcomes while managing business, legal and reputational risks
It ensures consistency across issues and proceedings, while enabling users to minimize cost
It helps unlock the value of claims whilst minimizing financial risks and maximizing returns
It offers pre-claim, pre-award, and pre-recovery monetization options
It allows users to fund their claim or liquidate their position at early or advanced stages, depending on the claim status and business needs
It provides justice to people and entities who are not initially eligible for litigation funding or outcome-related fee arrangements, or that are considered a lost cause
It permits deploying, devising, and executing proactive measures from the outset and post-award recovery strategies
No pre-commitment exclusivity that takes away users’ negotiation leverage on pricing, control, or urgency
“Easier, Simpler & Cheaper”
Practiclaim Process™
Submit your claim for a Free Pre-Assessment
Benefit from a dedicated Claim Manager across the whole lifecycle of the claim
Obtain optimized multi-sourced Claim Evaluations & Proposals
Choose your preferred Claim Service Provider to represent you for a Value-Based Fee
Recover via Enforcement, Settlement, or Monetization at any stage
