NL Advantage™

Outsourced management for legal B2B collections

 

Small and Medium Businesses (SMBs) get better financial results from legal action on past-due commercial accounts and prior judgements with the help of NL Advantage.

NL Advantage is an outsourced pay-for-performance solution for operationally managing the litigation stage of the Accounts Receivable Management (ARM) process for commercial* debt collection. It improves your Return On Investment (ROI) by benefitting from The NL’s proprietary technology that maximizes the chance of liquidation while eliminating the risk of up-front payroll costs and retainer fees. This unique, data-driven product, designed specifically for B2B commercial collections, is available only from The National List of Attorneys (The NL).

Download the NL Advantage product sheet.

 

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 fee, based on a portion of the recovered amount. We only get paid when you do. This alignment of goals ensures The NL is laser-focused on the same financial objectives as our clients. It also eliminates costs you would otherwise pay for allocating staff time towards the litigation of claims that don’t produce, and lets you put your time and resources back into doing what you do best: running your own business.

Furthermore, NL Advantage engages The NL’s proprietary technology, premier legal network, and deep 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 time and resources to operationally manage 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. Your Return On Investment (ROI) is guaranteed.

 

The NL Marketplace is an online hub that centralizes placement and performance of legal claims around the world. Our database of more than $60 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.

Consistent with the The NL’s privacy policy, NL Advantage uses state of the art technology and proprietary algorithms to ensure client data remains secure and confidential at all times. We do not share or reveal information about any claim except with the receiving attorney.

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.

 

Turnkey Product

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.

Improve your 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.

 

Download the NL Advantage product sheet to learn more. Or complete the form below to get in touch or join our mailing list.

 

*NL Advantage only services B2B commercial collection claims. For help with consumer collections, see NL Professional. For help with subrogation claims, see NL Envoy. The NL is not a collection agency and does not contact defendants. The NL is not a law firm and does not engage in the practice of law.

 

The NL is not a collection agency and does not contact defendants. The NL is not a law firm and does not engage in the practice of law.

 
 
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