STRETTO LAUNCHES LEGAL CLAIMS ADMINISTRATION SERVICES

Legal and Technology Services Firm Leverages Claims Administration Expertise to Serve Broader Range of Legal and Financial Professionals

IRVINE, Calif., Feb. 6, 2025 /PRNewswire/ -- Stretto, a market-leading legal services and technology firm, introduces legal claims administration services designed to support professionals engaged in a range of matters including mass torts, regulatory remediations, as well as consumer and securities class actions. Leveraging its deep expertise in bankruptcy claims management, Stretto's announcement marks the expansion of its claims administration services to bring greater efficiencies to a broader segment of the legal and financial industries.

"We're extending Stretto's renowned high-level professional client service and technical expertise to a wider range of legal proceedings," states James Le, president at Stretto. "Our team manages a full spectrum of case administration needs while simplifying complexity and helping clients achieve their business objectives."

Stretto's latest service offering is designed to deliver time and cost efficiencies from start to finish in complex legal proceedings. In addition to managing all aspects of claims administration from the intake and reconciliation process to qualified settlement funds management and disbursement needs, Stretto provides attorneys and stakeholders with AI-powered tools created to decrease the associated operational costs.

As industry leaders in providing corporate restructuring services, Stretto has built its reputation on delivering best-in-class technology, streamlined workflows, and the highest level of professional client service. Its expert team of case-management operators, legal-noticing consultants, and print-production specialists bring decades of claims administration expertise to each engagement. Stretto manages clients' legal claims administration needs with the same high caliber of service and technology that it deploys in working on the nation's largest Chapter 11 matters.

"Stretto has earned a strong reputation within the legal community as a partner that professionals can rely on to get things done efficiently and on time," states Dan McElhinney, senior managing director in charge of Stretto's expansion into legal claims administration. "We're excited to be leveraging this approach beyond bankruptcy to support the needs of professionals and stakeholders involved in other critical legal matters."

About Stretto
Stretto delivers a full spectrum of case management and claims administration services, depository and distribution solutions, and technology tools to legal and financial professionals. With a comprehensive suite of tailored offerings, Stretto provides an unparalleled portfolio designed to meet our clients' unique financial and business objectives. For more information about Stretto, please visit stretto.com.

Media Contact:
Cristina Terrasini
310.775.7615
cristina.terrasini@stretto.com

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SOURCE Stretto