Insurance 101 for Litigators: Minimizing Risk and Maximizing Recovery

Your client has been sued, and you have been hired as its counsel. Congratulations! Now what? Litigation is an inherently unpredictable and expensive endeavor for any individual or entity. If your client is sued, the second thing to do, after you have instructed your client to issue a litigation hold, is to ask about insurance coverage and any possible indemnification agreements. Coverage often can be lurking in not-so-obvious places. Here is what you need to know to help your client navigate this tricky area.