Employment Tribunals Are Expensive
Recent research showed that the average cost of hiring a law firm to defend a tribunal was around £8,500 while the average cost awarded at an employment tribunal stands at £12,148.
This doesn’t take into account businesses which settled the case before the hearing which can be a substantial payout.
Employment Tribunal Insurance
William B. Rose offer optional Legal Expense Insurance to all clients who take out our Elite Package.
It is an optional extra; at the time of writing, our client base has a roughly 50/50 split on clients choosing or not choosing to take out LEI.
It is a condition of the cover that the insured company takes and follows William B. Rose’s advice from the earliest possible opportunity. Provided this condition is satisfied, when a business is faced with an employment tribunal claim, the insurance will step in to meet the legal defence costs and any awards or settlements.
3rd Party To Avoid A Conflict Of Interest
The insurance arranged by William B. Rose is completely separate and is provided by AmTrust Europe Ltd.
Should you receive an ET1, your allocated employment lawyer who has supported you in the run up to the event which triggered the claim will be defending you at the tribunal. That way you can be certain that your representative knows as much about the background to the case as you do.
Exceptional Employment Tribunal Record
We’re proud of our record in defending tribunal claims. Of the claims we have dealt with since 2010, we have a win percentage of 97%.
While we try to keep you on the right side of the law, our advice is not cautious. We work with you to find pragmatic and commercial solutions that suit your business.
The insurance arranged by William B. Rose is subject to a bespoke quote and depends on your annual payroll and claims history. You’ll probably be surprised at how little it costs relative to the potential sums at stake. That’s because the insurer knows that over the last seven years our employment law specialists have delivered an outstanding tribunal defence record.Enquire Now