In-house counsel and law firms have an unprecedented opportunity to apply systematic innovation to the way they approach litigation. For a fixed premium cost, it is now possible to pursue risk transfer on threatened or active litigation, portfolio risk, or...
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...
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 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...
