Who we help
Law Firms
The firm's balance sheet is carrying the case.
How can litigation insurance apply to law firms?
WIP, conditional and contingent fee exposure across a growing book of matters. Litigation insurance may be used here to convert an open-ended downside into a more defined one, depending on policy terms and subject to underwriting. Structures, where available, are arranged case by case.
Key points
- WIP, conditional and contingent fee exposure across a growing book of matters.
- Exposure can be measured across costs, capital and judgment risk together.
- Protection, where available, is arranged around the specific decision being taken, not sold as a package.
- Jurisdiction can affect how much of the exposure is costs-driven.
The exposure
Content slot — how risk accumulates for this audience across the life of a matter.
What can be protected
Content slot — the elements capable of transfer, and the elements that remain retained.
How engagements usually run
Content slot — the sequence from first enquiry through to placement.
Illustrative scenario
Content slot — a worked example using illustrative figures only.
Questions worth asking first
Content slot — the diligence points that shape whether risk transfer is viable.
General information only. This page is not legal, financial, investment or insurance advice. Any insurance is subject to underwriting and to the terms of the policy wording issued.
Related
Relevant products
Jurisdictions