Litigation with RATE means "No Win, No Fee, and No Risk"
Litigation is unpredictable, and, as such, clients are exposed to risk when all they want is the compensation they deserve. Evaluating the client’s legal risks may not sufficiently cover the client’s tolerance to the financial risks associated with litigation.
Most clients’ risk tolerance towards any financial risk associated with litigation is minimal to NONE. This is why the insurance defense tactics threatening to “assess costs” against your client is such an effective negotiation tool.
RATE insurance coverage is an easy method of protecting your client's interests and assets.