3 essential payment solutions for litigation matters
The legal industry is characterised by intense competition and is expected to continue growing in this manner. Commercial litigation law...
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With the Right Insurance, Great Things Can Happen
The rule of law is the bedrock of any just and fair society. It ensures that every individual, regardless of their background or circumstances, has equal access to justice. In recent years, After-the-Event (ATE) insurance has played a pivotal role in upholding this principle.
ATE insurance, often utilised in litigation, helps level the playing field. It allows individuals and organisations to pursue legal action without the fear of prohibitive costs and potential adverse outcomes. This means that justice is not just a concept but a tangible reality for those who seek it.
Product
What We Offer
ATE insurance provides coverage for legal costs and expenses incurred by the insured party (the policyholder) in pursuing or defending a legal case. It is typically taken out after an event has occurred that gives rise to a legal dispute or claim. We can help to arrange ATE insurance cover and/or third party litigation funding on an individual basis or a portfolio basis.
Case by Case Policies
Tailored coverage for specific legal risks and potential costs associated with an individual case. This may include coverage for legal fees, court expenses, expert witness fees, and other relevant expenses.
The policy may be designed to cover a specific amount, up to a pre-determined limit, depending on the complexity and estimated costs of the case.
Law Firm Portfolio Policies
Tailored cover for a group or portfolio of cases a law firm is handling on behalf of their clients.
The law firm takes out a single insurance policy that covers a selection of cases within their caseload. Rather than securing individual ATE insurance policies for each case, which can be administratively burdensome and more costly, the law firm consolidates multiple cases under one insurance policy.
Law Firm Disbursement Only Schemes
Tailored cover for disbursements associated with a legal case. These costs can include court fees, expert witness fees, Barrister fees and other expenses incurred during litigation.
Can be taken out in conjunction with disbursement funding.
Third Party Funder Portfolio Policies
Tailored cover for litigation-related costs in the event of an unfavourable outcome.
ATE and capital protect portfolios provide a crucial financial tool that empowers litigation funders to spread their risk, protect their investments, and expand their scope of legal case.
vie legal
Helping you to Navigate Litigation Finance.
ViE Legal are specialists who bridge the gap between legal professionals, litigants, and insurance providers. Our expertise lies in understanding the intricacies of ATE Insurance—policies that protect litigants from the financial risks of litigation.
Expertise Matters
Regulatory Navigation
Tailored Solutions
ATE Insurance is Pivotal in Risk Management for Litigation.
For plaintiffs, it serves as a safety net, providing coverage for legal costs if their case is unsuccessful. This financial protection enables individuals and businesses to pursue legal action with reduced personal risk, ensuring that the pursuit of justice does not come at an overwhelming financial cost.
On the other hand, defendants can also benefit from ATE Insurance by safeguarding against adverse cost orders in case they lose in the legal dispute.
In this way, ATE Insurance contributes to a balanced and fair legal system, promoting access to justice and mitigating the financial risks associated with litigation for all parties involved. It ultimately helps level the playing field, allowing cases to be determined on their merits rather than the financial resources of the parties.
What Our Clients Say
Sarah has been delightful to work with. She is extremely responsive and helpful and she has a deep knowledge of the ATE insurance market. I would recommend Vie Legal Insurance to anyone seeking ATE cover for their matter.
Doug Hayter, Ironbark Funding
Before working with Vie Legal Insurance, ATE insurance was esoteric and time-consuming. Since having access to continuous support and flexible approach, the processes for obtaining adverse costs cover and security have been smooth and uncomplicated
Kim May, CASL
"...many hours had been spent by my client submitting applications to funders with no success...We only wish we had found Vie sooner."
Gerard Breen, Maddison Marcus
Legal Empowerment: How ATE Insurance is Making Justice Accessible
Unlocking Growth: Disbursement Funding and ATE Insurance for Law Firms.
In the legal industry, growth often hinges on the ability to take on challenging cases, expand services, and provide clients with comprehensive support. That's where strategic tools like Disbursement Funding and After-the-Event (ATE) Insurance come into play. Here's how a law firm can harness these resources to boost its growth...
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