Investigating a claim can be expensive and claimants often cannot afford to fund the disbursements, even when they have an ATE insurance policy which will pay back the disbursements on an unsuccessful outcome.
Solicitors firms are usually therefore left to fund the disbursements until they are either paid by the defendants on a successful conclusion or they are claimed from the ATE policy on an unsuccessful conclusion.
The cost of funding the disbursements can be a strain on a firm’s finances which is where ARAG Advance comes in.