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Legal Trend: Level Insurance for Attorneys

Lay New Bio HS 12-5-13

GWB attorney and current IADC President John T. Lay, Jr. was recently quoted in an article concerning a growing trend in the legal profession: Level Insurance.  Level Insurance reimburses an attorney for out-of-pocket expenses, such as expert witnesses and trial presentation costs, if the attorney takes a case on contingency and loses at trial. The article was written by Erik Larson of Bloomberg and was entitled Now Lawyers Can Get Reimbursed Even If They Lose a Case.  To read the entire article, please click the link below:

http://www.bloomberg.com/news/articles/2016-08-16/plaintiffs-lawyers-take-cue-from-courtroom-rival-for-safety-net