When sending high-volume mailings to thousands or even millions of claimants/constituents, entities are exposed to economic and professional reputational risks if the execution of the mailing is flawed or if confidential claimant information is exposed. Hiring a provider that will deliver secure, accurate, and timely notices is of paramount importance. Experienced providers with many year of industry experience designing processes and protocols that mitigate risks associated with high-volume mailings while also establishing safeguards to protect claimant information is your best choice.
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Artificial intelligence (“AI”) is transforming the way that organizations operate on a daily basis. Business professionals regularly turn to computers for assistance with tasks that humans have traditionally performed. The legal industry has used AI software for legal research, case evaluation, and discovery review for years. This software can quickly complete projects while saving money and yielding results that are more efficient. Now organizations have a new AI tool at their disposal to aid with contract review and negotiation.
read more As a claims administration professional, one of the first questions my clients ask me is, “how can we get more claims?” Maximizing the claim filing rate helps to ensure that the class benefit reaches as many class members as possible, which now more than ever is an important factor in obtaining final approval. Once the parties have agreed on the settlement, generally there is an agreement to maximize the claim filing rate. Since it benefits both parties, it makes sense to implement some common sense practices.
read more The 2018 Bloomberg Law Leadership Forum in New York included a robust agenda covering the current regulatory priorities, corporate legal risks and the tools counsel have at their disposal to address them. Keynote speakers included Jay Clayton, Chairman, U.S. Securities and Exchange Commission and Rod Rosenstein, Deputy Attorney General, U.S. Department of Justice. Participating in the day provided rare access to current perspectives from thought leaders that matter to our industry.
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