Escalate accountancy led commercial dispute resolution
Armstrong Watson is the Northern Partner of Escalate, an award-winning, accountancy-led commercial dispute resolution service that prioritises cash flow by focusing on a quick settlement and removing upfront costs.
What is Escalate?
Escalate is the ground-breaking commercial dispute resolution process and was awarded the ‘Accounting Innovation Project of the Year’ at the 2017 British Accountancy Awards.
How does Escalate work?
In a two-step process, Armstrong Watson will initially focus on settling disputes without litigation through a three-month (maximum) negotiation period. If negotiations fail, the debt would then be passed on to solicitors to litigate. Negotiations are supported by the knowledge that legal recourse could follow by way of Conditional Fee Agreements (CFA’s) and After The Event insurance (ATE).
The process minimises costs through fixed fees that are ONLY PAYABLE if the recovery and/or settlement of a debt is successful. Importantly, unlike traditional dispute litigation, there is also a CAP ON ALL COSTS to ensure that the client (claimant) is always the main beneficiary of any amount recovered.
What are the benefits of Escalate?
- No financial risk - you don't pay out unless we reach a successful settlement
- No initial outlay - we pay for all of the up-front costs, such as court fees
- Rapid results - we aim to get your money back in just three months; if we can't settle quickly, we have the financial backing to support you all the way to the High Court
- A fixed fee - providing complete transparency from the start.
"Escalate already has a track record of making a difference - and we’re only just getting started."
Mike Kienlen, Chairman and Head of Restructuring, Recovery and Insolvency.