NEW YORK (AP) — Epiq, a leader in technology-enabled solutions for the legal industry and corporations, announced its latest product, Epiq Facilitator™, an advanced application designed to streamline the retrieval of information, manage legal analysis, and administer settlements for the legal and regulatory sectors.
Epiq Facilitator™ serves as a proprietary case management platform, offering clients instant access to essential case information through a secure web-based dashboard. With its cutting-edge technology and efficient data validation processes, Epiq Facilitator™ provides transparency and efficiency for large-scale settlement administration and management tasks. The company has also pledged continued investment in technology improvements throughout 2024.
David Garcia, Vice President of Epiq’s mass tort business unit, emphasized the customizable nature of Epiq Facilitator™. The software allows users to configure their secure web portal to meet specific needs, making it suitable for settlements that require review by internal personnel, regulatory authorities, or third-parties. Additionally, Epiq Facilitator™ enables multiple parties to collaborate while maintaining a comprehensive audit trail.
Epiq Facilitator™ functions as an ideal platform for centralized fact sheet collection and settlement administration. It enables users to upload claims and accompanying documentation, review medical records, allocate awards, manage liens, and facilitate payments. The software provides distinct roles and workflows for law firms, steering committees, special masters, and other stakeholders, ensuring seamless collaboration and efficient case management.
Epiq has been a prominent claims administrator since 1993, overseeing major settlements in various sectors including product liability, personal injury, and malfunctioning medical devices. Their expertise and resources have positioned them as a market leader in the mass tort settlement and lien resolution market.
Among the claims administrators mentioned in the ISS SCAS report titled “The Top 100 U.S. Class Action Settlements of All Time,” Epiq emerged as the most frequently selected administrator, handling 53 percent of the total claims. In comparison, their closest competitor managed only 23 percent of claims. Epiq has successfully administered settlements worth over $36.2 billion, surpassing their nearest competitor by more than $15 billion.
Epiq’s Director of Communications and Public Relations, Carrie Trent, noted the company’s dedication to efficiency and client satisfaction. Their ability to resolve mass tort lien matters efficiently and discreetly, coupled with their compassion and skill, make them a reliable partner for even the most sensitive cases.
Epiq continues to provide technology-enabled solutions that streamline legal operations and bring clarity to complex tasks. They offer a range of services including court reporting, eDiscovery, compliance, restructuring, and bankruptcy matters.
For more information about Epiq and their services, visit their website at www.epiqglobal.com. Contact Carrie Trent, Director of Communications and Public Relations, at [email protected].
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