AGENCY
FEE COMPARISONS
(WWI VS. THE COMPETITION)
TYPICAL COMPARISON OF
AGENCIES’ FEES GENERATED
WITHOUT ASSISTANCE FROM A
COMMERCIAL COLLECTION
ATTORNEY (PRELIMINARY SERVICE)
|
|
|
AMOUNT COLLECTED |
AGENCY FEE |
FEES |
|
COMPETITOR |
|
$20,000 |
25%
|
$5,000
|
|
|
|
|
|
|
|
WWI |
|
$20,000 |
|
$3,500 *
|
*FEE SAVINGS: $5,000 - $3,500 = $1500, which equates to
30%!
|
|
|
AMOUNT COLLECTED |
AGENCY FEE |
FEES |
|
COMPETITOR |
|
$100,000 |
25%
|
$25,000
|
|
|
|
|
|
|
|
WWI |
|
$100,000 |
|
$13,500 **
|
**FEE SAVINGS: $25,000 - $13,500 = $11,500, which equates to 46%!
WWI Preliminary rates are 20% on the first $10,000.00 collected and then 15% applied to additional recoveries. Although by appearance the 15% compared to 25% (competitor) seems “close;” however, with Williams & Williams, Inc. the actual real fee savings average between 30% and 46%.