Gain Expert EPLI Claims Advocacy Exclusive to Fintech Platforms
Cost Implications and Financial Considerations
While the cost of engaging expert EPLI claims advocacy services may vary, the investment is often justified by the potential savings in litigation costs and settlement fees. According to industry reports, the average cost of settling an EPLI claim can range from $10,000 to $50,000, not including legal fees1. By proactively managing claims with expert guidance, fintech platforms can avoid these substantial expenses.
Additionally, some advocacy services offer flexible pricing models or retainer agreements, providing fintech companies with predictable costs and the assurance of dedicated support when needed. It's advisable for fintech businesses to explore different service providers and pricing options to find the best fit for their needs and budget.