RECOVER™ with Slater & Gordon
From the law firm who brought you NO WIN NO FEE legal advice comes a new service to help you recover losses suffered as a result of bad financial advice.
Over 75 years, we at Slater & Gordon lawyers have won many challenges with our determination to help gain the best possible result for our clients.
Now we are providing everyday Australians who have lost money as a result of bad financial or invesent advice with a better way to fight for fair compensation.
It’s called RECOVER™
How does RECOVER™ work?
At Slater & Gordon, we understand that the prospect of going to court to pursue a former advisor is a serious business. Too often, we’ve seen clients either walk away or settle out of court for less than they deserve because they decide not to pursue legal action that may be costly and uncertain – even though they have a legitimate claim.
We understand the feeling of not wanting to risk “good money after bad” and that’s where RECOVER™ can help.
Slater & Gordon’s RECOVER™ enables you to:
Know your rights.
The RECOVER™ advantage starts by giving you the tools to make an informed decision. For an agreed fixed fee a senior Slater & Gordon lawyer and, if needed, our in-house chartered forensic accountant will provide a detailed report and forensic analysis of the facts of your dispute, written in plain language, assessing your chances of success and outlining the best strategy for legal and commercial success.
The RECOVER™ report includes:
- An analysis of the key facts and the law relevant to your dispute
- A review of key documents relevant to your dispute
- The results of interviews with witnesses necessary to prove your case
- An assessment of the merits of your case and its risks
- An outline of what steps need to be taken to prosecute your claim
- An estimate of the monetary value of your claim
- An outline of the most effective method to resolve your dispute
- A detailed budget listing cost estimates for each stage of litigation, should you decide to go ahead, including our costs and fees for other members of your legal team, such as barristers and expert witnesses
With a RECOVER™ report, you are informed at the beginning of your claim what is at stake and how much your claim is likely to cost to litigate.
Limit your risk.
If you elect to proceed, and generally if we believe that your case has a reasonable chance of success, Slater & Gordon will discuss with you conducting your claim either completely or partly on a conditional fee basis. With a conditional fee, if you don’t succeed, you either pay us a limited amount or nothing at all rather than the full legal costs of us acting for you in your claim.
In addition, you may be able to further reduce your financial exposure by obtaining insurance for litigation expenses such as costs payable to your opponent if you lose as well as your own expenses or disbursements. Generally, no premium is payable up front for this insurance, but is deducted from your compensation if you succeed and is not payable if you lose.
So, rather than uncertainty in terms of what your legal costs might be with, RECOVER™ you can:
- Estimate your legal costs exposure up front; and
- Share that exposure with others.
Recover your loss.
RECOVER™ provides you with a powerful tactical advantage. Why? Because you start your claim with clarity regarding your liability for costs before you take your place at the negotiating table. This adds up to greater leverage and the kind of enhanced levels of confidence that can make earlier settlement easier to achieve or litigation easier to pursue.
Why use RECOVER™?
Slater & Gordon believes that nobody should have to walk away from a legitimate claim with nothing – or less than they deserve. Justice should belong to all, not just those who can afford to pay for it. Slater & Gordon’s RECOVER™ evens up the playing field by removing barriers which too often stand in the way of those contemplating legal action to recover losses. Instead, it puts the decision to pursue the best path to fair compensation very much back in your hands.
The RECOVER™ approach is already well established, tried and tested successfully by law firms internationally.
Know your rights. Limit your risk. Recover your loss.
Three ways that RECOVER™ works to give you an opportunity to fight for what’s rightfully yours. At Slater & Gordon we are proud to lead the Australian market in offering this established international service to our clients.
It will change the way you take legal action – it’s that simple.
For more information call 1800 812 597 or email recover@slatergordon.com.au
Warning
This webpage contains general information and should not be regarded as a substitute for legal or financial advice. You must consult a Slater & Gordon lawyer before deciding whether RECOVER™ is appropriate in your case. You may wish to consult a financial advisor before deciding if insurance is appropriate. Conditions apply to the offer of conditional fees and insurance. Some persons will not be eligible for either or both. RECOVER™ is designed to assist eligible investors to meet legal costs associated with bringing claims for compensation. RECOVER™ will not make a weak claim stronger nor turn an unmeritorious claim into a viable claim. Eligibility for insurance cover is determined by the insurance provider that offers the product. Slater & Gordon Ltd is not authorised to provide or recommend insurance products.