Legal Cost & Contingent Fee Insurance
Legis is at the forefront of the industry in designing risk mitigation strategies to allow firms to achieved the increased revenues available through contingent fee engagements while managing the risk of an unsuccessful outcome. Legis has worked closely with leaders in the insurance market to develop a unique contingent fee insurance policy that provides coverage for a firm’s fees and expenses invested in contingent fee case. Insurance can be used on its own or in combination with funding options. The premium is financed in return for a share of the contingent fee recovery so there is no cash outlay for the firm.