Market Intelligence for Legal Claims
Accounts receivable management (ARM) businesses world-wide, including debt buyers, factors, third-party collection agencies, lenders, and any organization that needs legal action to recover past-due accounts or debt can improve claim results with NL Enterprise. This free, premium-level, litigation-management product is offered exclusively by The National List® of Attorneys (The NL).
Businesses and forwarding organizations across multiple market verticals use NL Enterprise to ensure the highest return on their litigation portfolio. They can choose from pre-vetted, contingency fee attorneys, statistically selected for the best chance of recovery with each of their claims. NL Enterprise clients don’t pay by the hour or put down a retainer for the services of an attorney picked at-random or subjectively from a generic list. When more than $100,000 in claims* are placed monthly, an NL account manager helps the forwarder use the data and services available through the NL Marketplace™ to achieve the best financial outcomes.
The NL Marketplace is an exclusive “walled garden” of business, a combination of proprietary technology, secure claims data, and professional services only accessible to approved clients of The NL. It is an online, in-the-Cloud hub that conveniently and accurately connects NL Enterprise forwarders with attorneys, using any web-enabled device. Attorney introductions, placements and status reporting on legal claims are all centralized and standardized to be efficient and predictable.
The NL Marketplace aggregates a vast database of more than $50 billion in litigated claims from across the entire industry, creating unparalleled visibility into market trends, industry standards, and performance benchmarks. NL Enterprise account managers use our proprietary algorithms to put this objective, data-driven market intelligence to work for you, giving you a competitive edge.
Data-driven market intelligence powers the objective, results-focused services available to NL Enterprise clients at no charge. The NL’s statistically significant volume of claim placement and performance data is analyzed using proprietary algorithms, enabling us to calculate industry trends by practice area, region, market vertical, time, cost and results.
NL account managers have access to these calculations and can compare claim milestones and results to industry and geographic benchmarks. They are able to strategically place, track, score, and report on claims performance. They interpret performance analytics, identify key business opportunities and provide intelligent guidance, enabling forwarders to focus their resources on the claims and attorney relationships that are generating the highest volume, profitability, and growth opportunity. Even forwarders with their own performance management staff can compare in-house metrics against NL’s broader market measurements.
Backed by The NL, our global network of attorneys ensures placements that expedite the recovery of consumer debt, commercial accounts, insurance subrogation claims, and all past-due accounts. Since 1900, The NL has managed the world’s leading network of pre-vetted collections, subrogation and creditors rights attorneys for major forwarders across multiple market verticals. Every business can be matched with firms that have experience in the type of claims forwarded. And they don’t get paid until you do.
The NL pre-qualifies every attorney in the NL Marketplace, provides complimentary insurance on claims registered appropriately with The NL. We also centralize information that ensures attorneys are in compliance with your ethical standards, terms and conditions, insurance requirements and more. Your NL Enterprise account manager also provides attorney/client mediation service, should the need arise. The result is a risk-free, cost-effective method of managing litigation for claims recovery.
Don’t Wait. Start using NL Enterprise today! With a uniquely experienced attorney network, the power of our performance data, and the help of an NL Enterprise account manager who turns the data into actionable strategies, the information you need to improve financial results from your legal portfolio is available to you. Don’t leave recovery of funds up to luck. Put our objective data to work for you. Professionally and cost-effectively recover incrementally larger percentages of your forwarded claims.
*A minimum, statistically significant amount of data is required to accurately benefit from NL Enterprise algorithms. Forwarders placing less than $100,000 in average monthly claim value through The NL are eligible for NL Professional.