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Escalate

Manage commercial disputes in a straightforward, contingent manner

Escalate

Escalate provides a commercial dispute solution that removes all financial risk including upfront cost in pursuing old and new debts and disputes.

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This new initiative is part of our joint venture with the markets corporate recovery professionals and is focused on success and delivering a straightforward process. Escalate is a unique product that is based on a fixed contingent fee within a fixed time period of 3 months.

The escalate package also contains After the Event Insurance (ATE) and cover for court charges and other fee expenses i.e. a retainer to enable you to pursue your claim confident in the knowledge that you have NO COST, NO RISK and a TEAM OF PROFESSIONALS embedded in the recovery process.

Key attributes

  • A new way for businesses to manage cash flow and risk in their commercial disputes.
  • Allows businesses to transfer their financial risk to professional advisers (accountants and lawyers) in return for a success fee.
  • Allows clients to pursue historic as well as current commercial disputes.
  • Focused on disputes over £25k and up to £500k but not restricted.
  • Embedded insurance and funding to create ‘negotiation muscle’ for early settlement.

Key benefits

  • Removes blockages due to budgetary or cash flow constraints.
  • Allows for a mixed strategy in dealing with commercial disputes (in-house/outsourced, types of claims, values of claims).
  • Removal of the ‘billable hour’
  • Predictability in assessing range of recovery upon success.
  • Success fee can be considered as a legal fee and therefore tax deductible.
  • No win no fee
  • Fixed fee upon success – set at the outset
  • No risk of adverse costs – Insurance cover embedded
  • Cash flow funding for fees and expenses – embedded
  • Focus on a quick commercial solution

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