Minneapolis Business Litigation Attorney Michael Glover talks about working with collection clients on a budget.
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All the client really needs to do is ask that there’s some budget constraints, and attorneys at Lommen Abdo are very good at coming up with creative ways to address a collection problem to be able to work on a budget. We can do fee caps, in other words, maximizing the amount of fees that can be collected. We can do contingent fee cases. We can do blends of those. And if the client is upfront about us saying I really don’t want to spend more than X dollars to collect this Y amount of dollars, we’ll figure out a way to do that, explain it to the client, what they can expect and what they can’t expect for their budget. The most important thing is to get that addressed upfront.