Privacy Shield is a proven tool to increase value delivered to class members, participation and usage and decrease overall settlement costs. In the article below, we will show how this works, so everyone benefits – Plaintiff, Settlement Administrator and Class Members.
Key Benefits of Using Privacy Shield For Your Settlement
- Increased value delivered to the consumer with annual value @ $330.00 per year of service.
- Early indications are that Privacy Shield is facilitating settlements with Plaintiff & Defense firms adopting usage.
- Decreased overall settlement cost, while maintaining fee structure and payout.
Decreasing Settlement Costs: Case Study
Assumptions: Class of 2M with $20 allotted to each class member
Privacy Shield can reduce settlement costs while increasing value to consumers.
–0%
Decrease in settlement cost
+$0
Increase in value to consumer
Leveraging Privacy Shield will maintain the benefits to Plaintiff and Settlement Administrator, while decreasing settlement costs by -150% and increasing value to the customer by +$318.
This savings means that there is still the opportunity to offer additional cash compensation to victims, while still achieving lower overall settlement costs. This benefits everyone, and will lead to faster, more efficient resolution.
As a result, Privacy Shield has been trusted to service high-profile cases such as Peloton, Starbucks, The National Basketball Association (NBA) and Major League Soccer (MLS).
