ATE myths

Solicitors have misconceptions about ATE (after the event) insurance but the market has changed a lot in recent years, writes Richard Whale, sales manager at DAS LawAssist, on NLJ Online this week. ATE has sat behind a surprising range of cases, including the exposing of the MPs’ expenses scandal, he says. Moreover, it requires only a 60% chance of success—lower than that sought by third party litigation funders—and, contrary to popular belief, is fairly easy to arrange.