Source: PR Newswire
Axiom unveiled enhanced Commercial Litigation Services, delivered by Axiom Advice & Counsel (AA&C), Axiom’s Arizona-based law firm. With these expanded services, Axiom offers companies an innovative way to cut the cost and complexity of everyday commercial disputes that lead to litigation, such as matters involving contracts, unpaid invoices or services, commercial real estate and leasing, issues with services not given or fraud, and more.
“While business disputes and litigation may be inevitable, overspending on resolving them is entirely preventable,” said David McVeigh, CEO of Axiom. “Litigation is the largest line item in a law department’s budget because it represents the largest risk to the organization. When a complaint is filed, you have to act. Outside counsel rates exceeding $1,000 an hour might make sense when it’s a ‘bet the company’ matter, but they don’t make sense for day-to-day legal disputes. We’re pioneering a business-friendly, value-based model for commercial litigation, because we believe that companies can fully defend their civil and commercial disputes while still managing legal costs effectively.”
Axiom’s Commercial Litigation Services, delivered by Axiom Advice & Counsel, are two new value-based legal services designed to help companies deal with potential liabilities for cases ranging from $100,000 to $10 million. Enterprise clients can also get support for a broader tier of litigation, including cases with lower individual potential liabilities yet high aggregate impact. These services are tailored for businesses that don’t have the time, resources, or desire to handle litigation in-house; or who don’t want to pay exorbitant rates to outside counsel to handle lower-stakes litigation; and/or who don’t want the high cost and complexity of handling litigation across multiple local jurisdictions.
“You can now carve-out all ‘business as usual’ litigation that you’re overpaying outside counsel to work—and have Axiom’s high-quality, cost-effective counsel support it,” said Jeffrey D. Harris, partner at Axiom Advice & Counsel. “Litigation that falls into the cost of doing business should be treated like any other OpEx, and managed in such a way that spend should be directed to the most cost effective and value-based resources. With that operating approach, now you can justify pursuing matters where you used to choose lost revenue over the high cost of suing, and you can streamline management of local law firms when you have disputes in many states. Clients get local pricing, national reach, and one point of contact to help drive consistent performance and OpEx savings across the board.”
“By bringing our innovative model to litigation, we’re helping clients transform what has traditionally been viewed as a cost center into a strategic asset,” said Catherine Kemnitz, Managing Director for Axiom Advice & Counsel and Chief Strategy & Development Officer at Axiom. “Tapping AA&C to take on routine litigation is a win-win for businesses and their outside counsel. Clients and their law firms are able to focus more attention and resources on matters that pose an existential threat to the business, while Axiom ensures the high-volume, lower-stakes matters are dispatched efficiently and cost-effectively.”
Read the full article: https://www.prnewswire.com/news-releases/axiom-helps-companies-lower-the-cost-and-complexity-of-commercial-litigation-302302635.html
