Recovery First

Whether you are a Law Firm going through insolvency, retirement,restructuring, or financial distress, Recovery First can assist in the recovery of your WIP.

[Recovery First @RecoveryFirstPI]

Recovery First helps law firms withdraw from specific sectors of the legal market in corporate restructuring and insolvency matters whilst ensuring maximum value is retained by the law firm.

#restructuring #insolvency

https://t.co/k8LIJB7LRx

[Recovery First @RecoveryFirstPI]

When selling your law firm, the main factor to be considered is the buyer. Who are you selling your firm, or you valuable Work In Progress (WIP) to?

https://t.co/uCl2OwowOK

[Recovery First @RecoveryFirstPI]

Our webinar with Leonard Curtis on challenges, issues and options for legal practices can be found on our website using the link below:

https://t.co/deRUzYvsCP

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Are you considering leaving a legal market? Recovery First helps law firms exit any legal market. We provide solutions for firms exiting due to insolvency through retirement, restructuring, or voluntary exit.

https://t.co/wFguFL21z2

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Personal injury claims are one of the most prominent areas of litigation; so, why are law firms exiting the claimant personal injury market?
https://t.co/s6DL68bA7a

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As the legal sector is closely regulated, the closure of a solicitor firm can be a particularly complex matter. SRA compliance and an orderly closure should always be a priority to protect the interest of clients.

https://t.co/NR1qgp7bEh

[Recovery First @RecoveryFirstPI]

Closing a law firm or exiting certain legal markets requires a strategic approach to managing Work in Progress (WIP) files effectively. Opting for a reliable transition plan ensures client continuity and maximises value retention.

https://t.co/8Wg83dKYwO

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Last year, The Law Society reported a legal business facing challenges every business day. As we step into 2024, the sector braces for more change, with legislative shifts driving consolidation.
#LegalInsolvency #LawFirmStrategy #BusinessInsights

https://t.co/9MxMEKIAVK

[Recovery First @RecoveryFirstPI]

Recovery First recently assisted Mooney Everett, a law firm who had taken that decision. We provided essential guidance and expertise, ensuring a smooth, compliant, and financially sound closure for the law firm.

https://t.co/Sysm6ekQAo

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If you are concerned about the impact of the proposed caps on financial mis-selling fees, speak to Recovery First.

#legalindustry #solicitorsuk #feecaps

https://t.co/XxmUhflMYb

[Recovery First @RecoveryFirstPI]

The case of Brewer & Anor v Iqbal serves as a reminder to insolvency practitioners “to act with single minded loyalty to the Company.”

The Recovery First process offers protection to insolvency practitioners in law firm insolvency.

https://t.co/p9eiPHk0Q0

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What our clients say about us!

Rushton Hinchy Solicitors obtained the assistance of Recovery First when they decided to exit the market. Our process allowed for a phased closure of the firm, and maximum WIP recovery was obtained.

https://t.co/5fVBz5xJXw

[Recovery First @RecoveryFirstPI]

Are you considering leaving a legal market? Recovery First helps law firms exit any legal market. We provide solutions for firms exiting due to insolvency through retirement, restructuring, or voluntary exit.

https://t.co/wFguFL21z2

[Recovery First @RecoveryFirstPI]

Our Director, David Johnstone, will be attending the R3 annual conference next month. He is looking forward to meeting all in attendance.

#r3

[Recovery First @RecoveryFirstPI]

Recovery First helps law firms withdraw from specific sectors of the legal market in corporate hashtag#restructuring and hashtag#insolvency matters whilst ensuring maximum value is retained by the law firm.

https://t.co/k8LIJB7LRx

[Recovery First @RecoveryFirstPI]

What our clients say about us. A recent testimonial received from a solicitor firm in relation to our process.
Visit our website to find out if we could assist your firm.

https://t.co/5fVBz5xJXw

#clientfeedback

[Recovery First @RecoveryFirstPI]

The government has acknowledged that small firms will face difficulties in competing under the new clinical negligence fixed costs regulations. Find out how we can help.
#clinicalnegligence #fixedcosts

https://t.co/B4TJJnMxlw

[Recovery First @RecoveryFirstPI]

Avoiding SRA intervention is essential to mitigate mounting debts against a firm. The best way to avoid SRA intervention is to act early. Find out more below:

#sraintervention #lawfirms #solicitorsuk

https://t.co/X6eg8YZ6VT

[Recovery First @RecoveryFirstPI]

The extension of the fixed costs regime has the potential to positively impact the industry by addressing those who cannot compete on service with reduced costs thus, allowing top firms to excel.

https://t.co/zMzXh8zTdf

[Recovery First @RecoveryFirstPI]

We use our panel firms of solicitors to bring the case to a conclusion, and thereafter, we will use one of our panel firms of costs lawyers to maximise the recovery of costs.

https://t.co/uPJcewVRf5