Legal debt collection services are increasingly being sort after throughout all market sectors, leading to growth in the industry. As the market becomes more competitive, organisations are turning to managed legal services due to leverage new techniques and options for collections to secure late stage success when recovering debts.
As this usage increases, as does the regulatory oversight. With small, often low volume, specialism allows for economies of scale and ensures cost effectiveness to build robust compliant processes across this critical stage of debt collection. A focus on process and technology costs, along with regulatory adherence, ensures competitive services.