General Litigation Insurance Cover
Traditionally General Litigation work has been carried out on a private paying basis with the client potentially being liable for both own and opponent's costs.
The advent of Conditional Fee Agreements (CFA's) with the backing of an After the Event Insurance (ATE) policy will open up many opportunities for solicitors and their clients. It may enable solicitors to run cases for existing clients that would have traditionally been run privately and may have also give rise to the opportunity for other clients to be able to pursue Litigation where in the past they had been unwilling or unable to do so due to the costs involved. Ultimately this provides solicitors with the opportunity to expand their litigation caseload.
The effects of losing a dispute could put an individual or a small business in serious financial trouble and affect the financial status of a company and even prevent it from tading.
ATE insurance is a cost-effective means by which both corporate and private litigants can protect themselves in the event of an adverse outcome.
ate has developed a number of schemes and one off facilities with leading insurers to cover General Litigation cases being run on a conditional fee agreement and benefits can include:
Call us now for more details: 0117 917 1680 we look forward to your call!
