24 min

Show Me The Funding! (…And Monetization and Insurance) – How Legal Departments and Law Firms Can Leverage Litigation Risk Transfer Solutions to Increase Profitability Alternative Litigation Strategies

    • Management

Listen to the latest episode of Alternative Litigation Strategies for practical step-by-step guidance on how in-house legal departments and large law firms can increase profitability through litigation risk transfer solutions. In this episode, Kevin interviews DLA Piper Partner, Vincent Montalto. Kevin and Vinny discuss how in-house legal departments can create and leverage litigation funding and claim monetization programs to transform their departments from cost centers to profit centers. They discuss how to build out these programs, identify potential claims, vet commercial concerns against economic gains, and build a coalition and culture of support among the C-suite and the rest of the business. They also discuss how law firms can increase profitability by building affirmative claims programs and maximizing financial arrangements with clients by looking to the markets for capital to fund cases and third-party carriers for contingent litigation risk insurance and judgment preservation insurance. 

Listen to the latest episode of Alternative Litigation Strategies for practical step-by-step guidance on how in-house legal departments and large law firms can increase profitability through litigation risk transfer solutions. In this episode, Kevin interviews DLA Piper Partner, Vincent Montalto. Kevin and Vinny discuss how in-house legal departments can create and leverage litigation funding and claim monetization programs to transform their departments from cost centers to profit centers. They discuss how to build out these programs, identify potential claims, vet commercial concerns against economic gains, and build a coalition and culture of support among the C-suite and the rest of the business. They also discuss how law firms can increase profitability by building affirmative claims programs and maximizing financial arrangements with clients by looking to the markets for capital to fund cases and third-party carriers for contingent litigation risk insurance and judgment preservation insurance. 

24 min