As solicitors gear up for after-the-event insurance when legal aid virtually disappears in April, brokers are being warned they could miss out if they do not recommend pre-paid legal expenses cover to their clients.
Ray Kneeshaw, DAS sales and marketing manager, said that conditional fee arrangements will be a major opportunity for solicitors but not for brokers.
He commented: "Fortunately, there is a chink in their armour. Though the legal profession dismisses the role of brokers in the CFA market, it concedes that the cost of CFAs will probably increase; they could become unaffordable to most people."
