GLEN MILLS, Pa. – November 3, 2010 – Legal support services consulting firm Mattern & Associates, LLC (matternassoc.com) today announced it has received U.S. Patent Pending status on its Mattern Plan B Cost Recovery™ method. The U.S. Patent and Trademark Office acknowledged receipt of the company’s patent application filed by the company on October 14, 2010.
The Mattern Plan B Cost Recovery method is a proprietary process that enables firms to maximize billable cost recovery revenue by increasing net realizations through restructuring your onsite support services as hard cost disbursements.
“We believe Mattern Plan B Cost Recovery represents the perfect approach for firms to increase their realization of their soft cost recoveries while addressing their clients’ concerns about controlling costs,” says Rob Mattern, President of Mattern & Associates. “It also removes the firm from direct involvement in cost recovery and shifts the responsibility to the party generating the reimbursable costs.”
The Mattern Plan B Cost Recovery method takes firms out of the cost recovery business, increases cost recovery revenue and realization on billable items—the amount the firm actually gets reimbursed after internal and client write-offs—and restores clients’ trust in the cost recovery model. Mattern’s cost recovery method is ideally suited for firms that outsource support services and face increasing internal and external write-offs resulting in decreased soft cost recoveries.
