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How to evaluate an attorney network.(credit column)

Business Credit

| January 01, 2008 | Nicola, Randall | COPYRIGHT 2008 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The Internet has made it easy to find anything. Finding attorneys to handle your collection needs is no exception. Type "attorney network" into Google and it will return 116,000 results. Even narrowing your search to the phrase "commercial collection attorney" yields a still overwhelming 6,470 lawyers.

So, how do you know if the attorney you find through some Internet website is really qualified to handle your commercial collection case successfully and without bringing potential liability upon your company?

Typically, I advise business credit professionals to look at four factors when evaluating outside legal collections help:

1. Credentialing: Check out the network and how well the network checks out the attorney.

2. Cost: How does the way the network charges the attorneys affect you?

3. Service: Will the network make your life easier?

4. Bond: The answer to "what if?"

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