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 |
|
$4,000 *
|
*FEE SAVINGS: $5,000 - $4,000 = $1,000, which equates to 20%!
|
|
|
AMOUNT COLLECTED |
AGENCY FEE |
FEES |
|
COMPETITOR |
|
$100,000 |
25%
|
$25,000
|
|
|
|
|
|
|
|
WWI |
|
$100,000 |
|
$20,000 **
|
**FEE SAVINGS: $25,000 - $20,000 = $5,000, which equates to 25%!
Although by appearance the 20% compared to 25% (competitor) seems “close;” however, with Williams & Williams, Inc. the actual real fee savings average between 20% and 25%.