Why should clients reclaim their retrocessions with Liti-Link and not with a lawyer?

Why Should Clients Reclaim Their Retrocessions with Liti-Link and Not with a Lawyer?

Retrocessions, also known as kickbacks, are a controversial practice in the financial world. These are payments that financial advisors receive from third parties for mediating financial products. Many clients are unaware that they have the right to reclaim these funds for the past ten years. If you want to reclaim your retrocessions, the question arises: with whom should you do it? Here are some compelling reasons why Liti-Link is the better choice compared to a traditional Swiss lawyer.

1. Pure Success Fee with Liti-Link

The most convincing reason to choose Liti-Link is its business model based on pure success fees. Liti-Link works exclusively on a success basis: if you do not recover any retrocessions, you incur no costs. This is in stark contrast to the fees of lawyers in Switzerland, which typically range between 500 and 1000 CHF per hour. Even if a lawyer cannot reclaim retrocessions for you, you are still obliged to pay their bill. Swiss lawyers often also demand a high retainer, which must be paid in advance. Especially for smaller refund amounts, it is economically more sensible to pay a percentage to Liti-Link rather than having the entire refund amount consumed by legal fees. Also for large refund amounts, Liti-Link's model is fair.

2. No Conflict of Interest

Liti-Link is independent and has no banks as clients. This ensures that there are no conflicts of interest when it comes to taking action against banks. Lawyers, on the other hand, often have banks as clients and are therefore less willing to act with the necessary pressure against them. Swiss lawyers are highly likely to be restricted in their work because they do not want to jeopardize existing relationships with their banking clients.

3. Specialization and Experience

Since 2017, Liti-Link has specialized in reclaiming retrocessions. This specialization means that the Liti-Link team possesses deep knowledge and expertise in this area. Lawyers, on the other hand, often offer a broad range of services and may not have the same depth of specialized experience. Numerous times, we have taken over cases from clients who initially hired lawyers. The result was a failure in reclaiming due to incorrect arguments regarding the waiver and inadequate interruption of the statute of limitations, which caused the client's claims to continuously shrink while the lawyer was engaged.

4. International Clients and Diverse Account Types

Liti-Link has extensive experience dealing with clients from around the world and various account types. Whether private clients, corporate accounts, offshore companies, trusts, foundations, or inherited accounts – Liti-Link understands the specific challenges and nuances associated with each of these client groups. This broad experience enables Liti-Link to offer tailor-made solutions that meet the individual needs of their clients.

5. Financial Strength for Long Processes

Liti-Link's financial strength allows the company to endure long and complex processes. We are ready and able to fully navigate the appellate process. This is a crucial advantage as lengthy legal disputes can be costly and resource-intensive. Clients can be confident that Liti-Link has the necessary resources and endurance to pursue their claims to the end.

Conclusion

Choosing to reclaim your retrocessions with Liti-Link offers clear advantages: no financial risks due to pure success fees, no conflicts of interest, specialized expertise, international experience, and the financial strength to endure long processes. While lawyers in Switzerland charge high hourly rates and may have conflicts of interest, Liti-Link provides a more customer-friendly and effective alternative.