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Billing and Fees 2009

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Rankings at a glance
Award levelCommended
InnovationEnabling HSBC to pursue large numbers of debtors
Originality5
Rationale6
Impact6
Total17
DescriptionUsing a contingency fee structure, the firm works with HSBC’s distressed debt team in Calcutta, India, to assess claims for viability and then pursues those claims for little or no cost until point of recovery