CLIENT SUCCESS STORY: INTRODUCTION OF COSTS … UK LLP_BUSINESS PARTNER.pdfINTRODUCTION OF COSTS...

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Financial & Funding Advisors for Personal Injury Legal Firms 2 PARTNER FIRM 40 FEE EARNERS NORTH WEST VERUS UK LLP NUMBER THIRTEEN, SHAKESPEARE CENTRE, SHAKESPEARE STREET, SOUTHPORT PR8 5AB. T. 0844 249 4168 | W. WWW.VERUSUK.COM INTRODUCTION OF COSTS DRAFTSMAN CLIENT SUCCESS STORY: Verus UK introduced a client Firm to our Costs Draftsman Business Partner. We instigated an initial trial involving 25 non predictive cost RTA, Employers Liability and Public Liability cases and compared the profit costs recovered with those achieved historically by the Firm. The results were dramatic. Average profit costs increased by 40% and disbursements were recovered in full. The client now outsources all its costs recovery to our Business Partner and we expect an increase in net profit of over £250k to be delivered over the next 12 months.

Transcript of CLIENT SUCCESS STORY: INTRODUCTION OF COSTS … UK LLP_BUSINESS PARTNER.pdfINTRODUCTION OF COSTS...

Page 1: CLIENT SUCCESS STORY: INTRODUCTION OF COSTS … UK LLP_BUSINESS PARTNER.pdfINTRODUCTION OF COSTS DRAFTSMAN CLIENT SUCCESS STORY: Verus UK introduced a client Firm to our Costs Draftsman

Financial & Funding Advisors for Personal Injury Legal Firms

2 PARTNER FIRM40 FEE EARNERS

NORTH WEST

VERUS UK LLPNUMBER THIRTEEN, SHAKESPEARE CENTRE, SHAKESPEARE STREET, SOUTHPORT PR8 5AB.

T. 0844 249 4168 | W. WWW.VERUSUK.COM

INTRODUCTION OF COSTS DRAFTSMANCLIENT SUCCESS STORY:

Verus UK introduced a client Firm to our Costs Draftsman Business Partner.

We instigated an initial trial involving 25 non predictive cost RTA, Employers Liability and Public Liability cases and compared the profit costs recovered with those achieved historically by the Firm. The results were dramatic. Average profit costs increased by 40% and disbursements were recovered in full.

The client now outsources all its costs recovery to our Business Partner and we expect an increase in net profit of over £250k to be delivered over the next 12 months.