DAS LawAssist calls for insolvency solicitors to act now to avoid missing the deadline

Print This Post

8 March 2016


DASLawAssist 200On 17 December Lord Faulks outlined that as of 1 April 2016 the recoverability of success fees and ATE premiums in insolvency cases will cease.

With only a few weeks to go, it is imperative that insolvency solicitors act now to avoid missing the cut off for recoverability in insolvency matters.

Katherine Hemsley, commercial risks development manager of DAS LawAssist comments – “If you are an insolvency solicitor and you have an insolvency case which requires ATE cover then we strongly urge you to submit this to us by Friday 11 March.

“Due to the complexities of assessing these types of cases it can take up to 10 working days to obtain an offer of insurance. Therefore if a case is received later than 11th March, we will be unable to guarantee a response before the rules on recoverability change on 1 April.“

Further information on submitting your claims can be found here: https://www.daslawassist.co.uk/index/insolvency16



Associate News is provided by Legal Futures Associates.
Find out about becoming an Associate



Legal Futures Blog

Rating lawyers by their wins and losses – a good idea?

Robert Ambrogi

Lawyers will give you any number of reasons why their win-loss rates in court are not accurate reflections of their legal skills. Yet a growing number of companies are evaluating lawyers by this standard – compiling and analysing lawyers’ litigation track records to help consumers and businesses make more-informed hiring decisions. The shortcomings of evaluating lawyers by win rates are many. Not least of them is that so few cases ever make it to a win or loss. Of equal concern is that, in the nuances of law practice, it is not always obvious what constitutes a win or a loss.

February 22nd, 2017