Cost Recovery for Public Entities
Public Entities May Be Entitled to Have Their Costs Recovered
When public property is damaged or when a public entity spends any money as a result of someone else’s negligence, the entity may have a recovery opportunity. Clark & DiStefano pursues and litigates claims when necessary on behalf of public entities and utilities whose property has been damaged or destroyed or when its resources have been spent based on someone else’s negligence.
Our knowledgeable legal team will offer a dynamic perspective and approach to achieve a successful result for your community. We will advise you on how to move forward to seek justice through financial compensation when your resources have been expended based on someone else’s fault.
We Help Prevent Unncessary Spending
Clark & DiStefano understands the delicate position that public entities and utilities can find themselves in regarding making difficult decisions for their communities. We are here to help you every step of the way and we have a long history of recapturing public funds.
Public entities and utilities are now expected, more than ever, to safe guard public funds and prevent waste, fraud and unnecessary spending while simultaneously responding to their constituent’s concerns. Cost recovery and subrogation can have a positive financial impact on a public entity without significant costs. An aggressive cost recovery unit can be a profit center. Our firm’s insightful contingent fee arrangements place minimal costs on the public entity and its tax payers. If we do not recover, the public entity does not pay a fee.
Cost recovery and subrogation are different than the normal claims handling process which emphasizes minimizing payments. Cost recovery and subrogation can take a back seat to other important claims handling functions or is an afterthought. At Clark & DiStefano, we specialize only in cost recovery and are driven solely by the amount of the recovery as opposed to hourly billing.
We Work Alongside Your Team
We will not take up many of your resources, eliminate any employees, or replace existing counsel. Typically, our attorneys operate, alongside, and at the direction of, the public entity’s local or in house counsel. This close relationship provides us with a valuable insider perspective and allows our attorneys to deliver the type of signature, personalized service that is key to successful recovery.
An important benefit of this unique and close relationship is that it minimizes the burden of litigation on the employees and staff of a public entity. We are able to perform most of the day-to-day litigation tasks thus helping you stay focused on your important work, free from the demands of litigation. It is our intention to do whatever is required from the mundane gathering and copying of documents to the complex work of full briefings, oral arguments and trial. Our focus is fully managing the litigation so that you, the public entity, can carry on the critical business of representing your community without distractions.
Maximizing Your Recovery is Our Mission
We understand that in order for cost recovery to be a profit center, the amount recovered must exceed the cost of recovery. It is our goal to provide effective yet efficient representation. Our experience in helping entities to recover for their losses allows us to provide effective legal representation at a reasonable cost. We understand the importance of early negotiation with insurance companies and responsible parties but we have the experience and skill to take a case through trial if necessary to maximize the entity’s recovery. Once a judgment is obtained, our attorneys have the skills to help our clients legally enforce the judgment and obtain recovery.
Public entities who are looking for new ways to reduce losses and preserve public funds should not overlook the potential to recover from third-parties who damage public property or cause the expenditure of public funds. Industry research unquestionably indicates that outsourcing to a firm that specializes in cost recovery and subrogation results in higher recoveries and the unearthing of hidden revenue streams. Allow Clark & DiStefano to act as your cost recovery unit.
3318 NJ-33
Neptune, NJ 07753
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