What sort of law firm would want to get involved these days with after-the-event insurance (ATE)? For when one thinks of ATE in relation to litigation, low-value claims spring to mind; the sort of bog-standard ‘slips and trips’ that form the bulk of personal injury litigation – clearly not everyone’s cup of tea.

Besides, what sane solicitor would want to get involved with cases whose funding arrangements have been the cause of no end of fighting in recent years, with emotional pleas from both sides over appropriate costs? On reflection, this would seem to be a good area to steer well clear from – better to stick with what has always been done.