This infographic details how commercial litigation law firms can leverage ATE Insurance for a competitive edge in an increasingly
Risk Mitigation
Mitigates the financial cost risk associated with litigation. Law firms can take on cases with confidence, knowing that adverse costs and a proportion of own costs and disbursements are covered if the case is unsuccessful. This enables law firms to handle a larger number of cases.
Client Attraction & Retention
Law firms can provide more flexible fee arrangements for clients, making services more accessible, enhancing client satisfaction and making your firm more attractive to clients who wish to pro-actively manage risk or are concerned about potential legal costs..
Financial Management
Aids in better financial planning and management by providing certainty regarding costs. ATE insurance can in some circumstances help to stabilise law firm's finances by ensuring that legal costs do not become a burden in the event of an unsuccessful case. This financial stability contributes to sustainable growth.
Unlock Bigger, More Complex Cases
ATE insurance enables law firms to be more selective and strategic in their case portfolio. They can focus on cases with strong merits rather than those solely based on the client's financial capacity or risk appetite.
Business Development
ATE insurance can be a valuable tool for law firms to attract clients, especially those who might be hesitant due to financial concerns. It sets law firms apart by offering a comprehensive legal solution.
Stress Reduction for Clients & firms
Financial security provided by ATE insurance for both clients and solicitors, leads to potentially better case outcomes.
Offering ATE insurance signals a commitment to providing comprehensive legal solutions to clients and partners. If you'd like to find out more, please reach out to a member of our team who can help.
コメント