First Assist and Morgan Cole join forces

law

First Assist has signed a deal with Morgan Cole which it claims makes it the first law firm in Wales with delegated authority to provide after the event (ATE) insurance in commercial cases.

Lee Fisher, a partner with Morgan Cole, said: “Research proves that even the most risk averse businesses will face a significant dispute at some point in their lifecycle resulting in cost that has the potential to threaten their very existence.

“The logic behind the recommendations by Lord Justice Jackson is clear – if a claimant business wishes to share or transfer part of his risk then it should pay for the privilege of doing so. This has led to a fear that businesses, particularly SMEs

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