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: