FinLegal

FinLegal Announces £2M in Funding from Northern Powerhouse Investment Fund II An article in Business Live covers the announcement from Sheffield-based FinLegal that it has raised £2 million in funding from the Northern Powerhouse Investment Fund II (NPIF II). The legal technology company offers a platform that can be used for the class actions or high volume small claims management, utilising automation and AI to increase efficiency and reduce costs. FinLegal plans to use the new investment to expand its operations and double its workforce. Steve Shinn, founder of FinLegal, provided the following comment on the announcement: “The claims market is ripe for a platform like ours. Many claims are run on a no-win no-fee basis and increasingly there are fee caps, so operating costs are critical. Our solution reduces costs, automates but also improves client care and makes it possible to manage claims at a scale which might otherwise not be viable. It has already been adopted by the some of the leading claims firms and this investment will enable us to accelerate our international growth.” https://lnkd.in/g8di7Cch #litigationfinance #litigationfunding #litfin #legalfinance #legalfunding #masstorts #claimsmanagement #fintech #legaltech

🏡 Housing Disrepair Claims can be difficult given the volume of evidence needed at the outset in order to vet prospects of success and advise accordingly. Teams spend significant time chasing prospective clients for photographs, tenancy agreements, correspondence with the Landlord to name but a few of the evidential hurdles. Here at FinLegal we have built a solution which seamlessly onboards and engages with the client obtaining all necessary evidence, documents and signatures - allowing your team to focus on progressing the case and litigation. We have a great demo of this solution which we would love to show you - if you have 30 mins and want to learn more, please drop me a DM.

🚗 🚘 Over 20,000 open motor finance complaints have already been registered with FOS - this is not to mention the huge number of complaints being sent every day directly to Lenders/Brokers and Dealers - this is going to be big, possibly "PPI big". At FinLegal we have a solution for both you and your clients which allows you to onboard and engage with them throughout the entire process, whether that be via FOS, or beyond into litigation if the need arises post the FCA decision. If you would like to know more, we would love to show you a demo, just drop me a message. https://lnkd.in/et7qTM5Z

🚗 Running missold car finance claims? Discover how FinLegal can transform your claims management process! Navigating the complexities of missold car finance claims can be daunting. At FinLegal, we streamline this process with our cutting-edge claims automation platform, designed specifically to handle high-volume claim situations like these with ease. With FinLegal: 🌐  Onboard Quickly: Engage and register more claimants with a branded firm portal. Our 24/7 mobile-compatible platform allows claimants to self-serve, significantly increasing claimant numbers and fee income potential. 🔄  Automate Efficiently: Reduce the need for extensive manual processing. Our automation technology prompts claimants via email and SMS, ensuring all necessary information and documents are submitted timely. 💰  Reduce Costs: Our automation technology allows a single claims handler to handle hundreds, if not thousands, of claims simultaneously, breaking the traditional limits of team size versus claim volume.

The market continues to grow with many firms dealing with volume litigation, be that PCP, Data Breach or Housing Disrepair, to mention just a few. Embracing legal technology in order to manage hundreds if not thousands of Claimants really can help. Keeping Claimants informed, engaged and invested in the legal process is challenging. At FinLegal, we provide a solution tailored to your law firm. We can also integrate with your current CMS to improve automation and efficiency. If you're interested to find out more, let me know, I would love to show you how we can help.

Stop by Booth 22 to meet the FinLegal team and see how we can help your firm manage more clients without additional staff.

According to Martin Lewis, PCP claims will be as big if not bigger than PPI. This presents the challenge of managing volumes that could potentially create bottlenecks for your firm. Our solution is designed to address many of these issues. Attached is a short article going over the common challenges we solve. #PCP #carfinance #claims #legalsoftware https://lnkd.in/e8Tt_q_7

Advances in technology have made fraud in cases like Camp Lejeune more difficult and time-consuming to catch. See how AI and other tools can be used to catch fraud automatically. #masstort #massarb #JPML https://lnkd.in/eMAzQspT