In-house legal departments say they are facing growing litigation burdens with limited staffing and financial resources—and yet most have not taken advantage of tools like risk transfer products to help manage workloads and ease budget uncertainty. The 2022 Litigation...
Judgment Preservation Insurance: Protecting Plaintiffs’ Awards
This article originally appeared in Bloomberg Law. With any significant trial court judgment, there is always a risk that an appellate court will reverse (in whole or in part) or reduce a damages award. Judgment preservation insurance (JPI) allows plaintiffs who...
Legal Operations Must Embrace Innovation
Legal proceedings shut down with all other nonessential industries as a result of COVID-19-related closures. Now, the courts are akin to opened floodgates, resulting in a surge of litigation swamping companies around the globe. A June 2021 Reuters study found that the...
Litigation Finance Journal: An LFJ Conversation with Dean Gresham of Risk Settlements, April 22, 2022
How does the Risk Settlements platform work? What are the advantages for legal teams when using Risk Settlements? Risk Settlements is not a traditional litigation funder. At its simplest, we provide risk transfer solutions for parties, as well as their funders, facing...
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