Source: Bloomberg Law
Bloomberg Law reports that law firms such as Pillsbury are poised to benefit the most from an expected wave of insurance coverage lawsuits triggered by the coronavirus pandemic.
Firms are already considering shifting commercial litigators as they position themselves to bring lawsuits against insurers for denying claims on business interruption policies while many of their Big Law peers are conflicted out because of their insurance industry clients, Bloomberg Law reports.
Big policyholder firms are gearing up in different ways.
“Given a limited supply of non-conflicted policyholder-side firms, and the amount of new work we’ve already seen in the last three weeks here at Pillsbury, we will need to tap more of our firm lawyers,” said Robert Wallan, co-chair of Pillsbury’s insurance recovery group, adding that commercial litigators would likely be brought in to help research coverage issues and aid in discovery and pleadings.