As undesirable as it is, at some point within its life, a company will usually find itself at risk of some form of litigation, and that risk can have a huge impact on the company’s finances.
The legal costs involved in a piece of litigation or arbitration can be potentially devastating and losing the legal action will often be hard to recover from, and that’s why it’s essential to reduce litigation risk as much as possible. A lot of that comes down to the litigation funding and insurance options you consider on your client’s behalf, and if chosen wisely you’ll be able to effectively reduce the legal cost exposure to ensure your client doesn’t suffer damaging consequences.
The right type of litigation financing can make all the difference to your client’s company, ensuring it doesn’t lose out no matter what the outcome may be. After the Event insurance policies can be a great way to reduce the risk by making sure the client is properly covered for any costs that have been incurred, and considering the extent of these costs it’s always wise to look into the possibility of this type of insurance. By securing the right policy (complete with competitive terms) you can protect your client from certain legal costs, but as with any kind of specialist financial product, you need to get in touch with the experts if you want to be sure of your decision.
That’s where we come in. We’re committed to helping clients source the most competitive and viable funding option no matter what their needs may be, approaching several different markets depending on individual requirements to ensure we find the most appropriate solution. So, if you’re looking for third party funding and ATE insurance options that can reduce your client’s litigation risk, make sure to get in touch and see how we can help.