Services

LegalStream Solution offers a wide array of services designed to compliment client needs and maximize recoveries. Client requirements and work standards are utilized to establish client specific workflows.  The workflow design can be varied by portfolio including:

  • LegalStream Solution’s own proprietary skip trace and scoring process to enhance suit decisions
  • Pre-legal collection strategy for separate demand letter¬† treatment by placing the account with a law firm for pre-suit demand and final suit decision
  • Immediate account pass through flow for placement of cases deemed appropriate for immediate suit
  • Real time suit monitoring based upon status codes and designated trigger dates for necessary action
  • Full accounting functionality built around client based remittance and reporting requirements
  • Individual law firm scoring based upon various criteria including liquidation rates, timeliness of completion of critical case action, pre-suit settlements, court costs recovery rates, judgment rates and timely account coding.