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Party Collections Commercial Research & Recovery's sophisticated approach offers lower costs and creative solutions to cash flow improvement. We will utilize all available strategies to locate and contact your delinquent customers. Then determine the best resolution to your accounts. We are the key to producing the highest possible recovery rate of your firms CHARGED OFF ACCOUNTS! We work strictly on a contingency basis - NO RECOVERY, NO FEE. |
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Commercial Research & Recovery offers law firms a comprehensive collection service for managing and collecting the law firms account receivables, including client accounts receivable up to pre-litigation and small claims court, to meet their client accounts collections service and recovery management process.
Under our collection service, we function as an undisclosed support service in the name of the law firm, allowing the law firm and the lawyers to concentrate on the actual practice of law and not on the running of a collection department or operation. Lawyers who handle their own client collection cases soon discover that they are required to act as a collection agency up until the point that suit is required. In fact, under the collection agency act, an attorney handling collection matters is a "Debt Collector".
When a law firm retains Commercial Research & Recovery to handle its accounts collections process, we function as an extension of the law firm, collecting accounts in the name of the law firm, operating as the collections back-office of the law firm. This way the law firm eliminates the demanding tasks of managing the accounts collection follow-up process needed in order to gain and maintain payment compliance, which the operation of their own collection service requires.
Lawyers will discover that they become more productive and can handle claims more efficiently because they are now able to focus their attention on matters involving suit and the actual practice of law. The cost to law firms that retain Commercial Research & Recovery to handle its collections will be significantly less than the cost of running an in-house collection operation. As a result, this dedicated, professional service will drive more profits to the law practice bottom-line. Law firms that use our service eliminate the need to maintain a time-consuming collection operation, so they are able to focus on other areas of their business.
Their personal and firms productivity will skyrocket and they will experience significant increase in efficiency and be able to handle a much greater volume of business, without any increase in infrastructure and people costs.
Benefits To Law Firms
| 1. |
Operating
to significantly reduce operation costs by having their own in-house
collections department, without having to incur any of the employee
hiring, management and benefits cost. |
| 22. |
Law
firms that handle collection cases will have a dedicated source
for handling all of the accounts collections function all the way
to pre-litigation, without having to setup and manage their own
collections department in-house |
| 3. |
Lawyers will be able to concentrate on the actual practice of law
and not the running of a collection department and/or collections
operation. |
| 4. |
Law Firms will have a cost-effective fixed fee collection service
department that seamlessly integrates into managing multi-office
and lawyers accounts. |
| 5. |
Law
firms will have an effective accounts collections customer service
department that will consistently collect more by design rather
than by default. |
| 6. |
The
opportunity to centralize the collections process by in-sourcing. |
| 7. |
Higher
recovery rate on all types of collections situation and where required,
for commercial accounts effect on-site face-to-face calls. |
The Bottom Line!
Commercial Research & Recovery brings to the law firm client a strong administrative support background and experience designed to increase productivity. This includes:
- • Billing & Invoicing
- • Knowledge of Trust account management and administration.
- • Cash application management and reporting.
- • Retainer management process.
- • Strong negotiation, problem solving and decision making skills.
This unique service for law firms, is designed to provide comprehensive service source for cost-effectively handling pre-litigation collections and all of the administrative support work-flow business processes.
We
base our success on our ability to produce results for you!! CALL TODAY! You have nothing to lose and everything to gain! |
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Research & Recovery®, The Commercial Companies®, and CRI®
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