Litigation Insurance and Outlay Funding for Scottish Commercial Disputes
Temple’s litigation insurance cover for Scottish commercial disputes provides forward-thinking Scottish lawyers and their clients with potentially significant opportunities arising from the new Civil Litigation (Expenses and Group Proceedings) (Scotland) Act 2018. The Act allows Scottish litigators a wider range and more flexible approach to funding their client’s commercial disputes; very much in the spirit of our litigation insurance cover for commercial disputes in Scotland.
We give you and your clients a choice about how their dispute or claim can be settled, for good reason…
Those reasons include the growth in popularity of ADR in Scotland to settle commercial disputes, backed by a legal system that favours arbitration, mediation and other forms of ADR. Temple’s litigation insurance provides cover for all forms of the ADR process – and we support any access to justice initiative which can resolve litigation earlier as long as it produces a satisfactory outcome for the insured party.
Elsewhere, the expected arrival of costs shifting (commonly abbreviated to QOCS) in Scotland is expected later in 2020 for clinical negligence cases and personal injury claims.
Why use Temple litigation insurance and outlay funding?
Temple Legal Protection and Temple Funding are market-leading providers of litigation insurance and outlay funding that helps reduce the financial risks of litigation for your clients. We provide a unique and professional way of working in partnership with law firms. This ensures we deliver consistent, excellent service. Both are fully accredited and regulated by the Financial Conduct Authority.
Our litigation insurance – also known as After-the-Event (ATE) insurance – is ‘A’ Rated and provided in partnership with Royal & Sun Alliance (RSA), one of the largest and strongest insurers in the UK. It can be used in almost all types of commercial dispute. These includes professional negligence, insolvency and property disputes.
- Click here for a full list of the commercial dispute case types
Temple’s outlay funding has proven very popular because it removes the financial barriers which may prevent you running a case to its full potential. Easy to administer and affordable, it gives peace of mind to your clients and keeps the financial liability off your balance sheet.
- For their peace of mind, it is a prerequisite that your client apply for, is offered and has accepted a Temple Legal Protection litigation insurance policy. This fully indemnifies our funding provision; if the case is unsuccessful, neither your firm nor your client is liable for any outlays.
Find out more about what Temple offer Scottish litigators by downloading our Litigation Insurance and Outlay Funding for Commercial Litigation in Scotland.
To find out about how our litigation insurance and outlay funding products can help your firm and your clients we suggest an online discussion/conference call with our commercial team to your litigation fee earners. This often helps to raise awareness of litigation insurance and funding across your firm. To arrange an appointment please contact our office on 01483 577877.
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