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14:44

What they do is make absolutely sure there is enough WIP to justify the maximum 25% deduction.

They can always bill for the WIP
instead of accepting fixed costs + success fee.

From my recent settlements I’ve had an RTA low value portal RTA that settled at £2k. 50% success capped at 10% not 25%. I received £500+£200 success fee against £8k WIP. I don’t do bulk RTA so I don’t have the cheap ones to offset the expensive ones. I am entitled to charge the £8k of course.

But the standard 100% success fee + 25% cap is simply ridiculous in most cases if you removed the fixed costs factor. Add in the £350 ATE premiums and it stinks.

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