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MAXIMUM RECOVERY

The BOSS Magazine

|

February 2025

Retailers, restaurants, and other businesses have a major shrink problem. PRA recovers client losses and helps prevent future losses.

MAXIMUM RECOVERY

Recently, viral videos showing teams of shoplifters ransacking stores and absconding with thousands of dollars in stolen merchandise have focused attention on massive retail losses from theft. While these ORC theft rings might be the most public-facing example, they're not the only cause of shrink. Traditional shoplifting, employee theft, fraudulent returns and other schemes cost retailers billions annually and are decimating the industry.

PRA Law Firm is partnering with major retailers, law enforcement, trade associations, A.I. developers, and others to fight back.

For store level support, PRA has recently partnered with an A.I. firm to assist in developing technology with proprietary algorithms designed to detect theft and fraud in real time.

image"If we don't help retailers offset shrink, honest shoppers get stuck paying more, period. The loss has to be covered somehow." Matt Hill, Chief Executive

PRA offers businesses and employers of any size a lifeline to maximize civil recoveries via theft penalties, damages awards, and court-ordered restitution for victims. PRA works directly with state prosecutors and criminal courts to obtain judgments for theft victims by structuring workable repayment plans with offenders until victims are fully repaid.

From start to finish, PRA offers comprehensive case analysis and valuable insight to assist clients' Loss Prevention Programs. PRA attorneys, paralegals and support staff (including former loss prevention executives and industry insiders), have decades of experience in civil recovery and provide round-theclock service.

With what they describe as "a firm yet fair approach," PRA turns difficult, aged or otherwise dead-end cases into successful recoveries, which by many accounts surpass industry collection expectations.

The BOSS Magazine

このストーリーは、The BOSS Magazine の February 2025 版からのものです。

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