Market Intelligence for Legal Claims
Accounts Receivable Management (ARM) organizations, like collection agencies, debt buyers, factors, lenders, and other forwarders get better financial results from legal action on past-due commercial accounts and prior judgements with the help of NL Advantage.
NL Advantage is a turnkey, pay-for-performance solution for operationally managing legal claims for Business-to-Business (B2B) commercial* debt collection. It reduces the labor cost of managing litigated claims, while maximizing the chance of liquidation. This fully-outsourced, data-driven product, designed specifically for B2B commercial legal collections, is available only from The National List of Attorneys (The NL).
Pay for Performance
While litigation is one of the most effective ways to collect on a claim, allocating payroll budget towards staff that are fluent in “legalese” but only administrate the legal process part-time can be expensive, and may be outside the focus of your business. Only when your B2B claim is collected do we charge a management fee based on a percentage of the recovered amount. This alignment of goals ensures The NL is laser-focused on the same financial objectives as our clients are. It also eliminates costs you would otherwise pay for allocating staff time towards the litigation of claims that don’t produce.
Furthermore, NL Advantage engages The NL’s proprietary financial technology, legal network, and industry expertise to ensure the greatest chance of liquidating any B2B commercial claim. The volume of claims channeled through The NL gives us unique statistical intelligence into legal claim performance, which is why The NL is willing to assume the up-front risk of allocating our own staff to work on your claims. We have the insights across a broader attorney network that give us a better chance of legal claim performance than any single one of our clients do.
Whether you do or don’t have enough in-house staff to handle all your legal claims, it doesn’t make sense to spend more money than you have to on internal resources, hoping to recoup your costs by collecting from another business. The smart thing to do is to use NL Advantage to outsource your B2B commercial accounts requiring legal action. Then sit back and let your NL Advantage account executive, backed by data-driven market intelligence, operationally manage the complex litigation process for you, soup to nuts. NL Advantage does it all with no up-front charges. We don’t get paid until you get paid.
The NL Marketplace is an online hub that centralizes placement and performance of legal claims around the world. Our database of more than $50 Billion in legal claims—placed, tracked and aggregated across multiple industries, regions, and practice areas—gives us unique visibility into performance statistics, which The NL analyzes with proprietary algorithms to turn into actionable market intelligence. The aggregated volume of these legal claims statistically validates industry standards, trends and benchmarks for claim performance, which The NL applies for our clients’ financial benefit.
Established in 1900, The NL has decades-long relationships with our international network of pre-vetted attorneys. We are so confident of their compliance with strict professional criteria and requirements that we offer free insurance on claims placed through NL Advantage. Attorney fees are a competitive percentage of recovered funds, so there is normally no charge until attorneys turn claims into cash for your business (if there are court costs, NL Advantage passes these through at no additional charge). Anxiety over cost is eliminated.
Using our vast database, The NL calculates metrics regarding legal claims by practice area, location, time, cost and results. By comparing data about individual claims to industry and regional benchmarks, your NL Advantage account executive identifies strategies and opportunities to improve your financial results from legal claims for B2B commercial debt collection. Your account executive takes the burden of managing the legal network and litigation process off your plate, providing you with regular, easy-to-understand reporting and timely updates on all claims placed through NL Advantage.
NL Advantage account executives use these analytics, benchmarks and performance standards to identify and select the right attorney for each claim, then closely manage the process to achieve the best financial outcome. Because NL Advantage is a pay-for-performance product, this ensures that our goals are aligned with yours—to recover more money as quickly as possible.
Increase your chance of profitable financial outcomes from past-due accounts. Start using NL Advantage today! Let this turnkey financial technology product harness the power of performance data, the world’s premier attorney network, and our expert service for you. The only decision you have to make is to choose NL Advantage to professionally and cost-effectively outsource, track and collect your B2B commercial claims on a pay-per-performance basis.
To learn about NL Advantage, download the product sheet or complete the form below for an NL representiative to follow up with more information.
*NL Advantage only services B2B commercial collection claims. For help with consumer collections, see