If your business is sued, defense costs and potential losses may be covered by insurance. As part of this coverage, the insurer may have the right to assign one of its contracted lawyers to represent your interests.
Without proper oversight, the insurer-counsel dynamic can lead to litigation strategies which are not in your best interests. This can lead to skyrocketing premiums at renewal or worse . . . loss of insurance coverage altogether. The situation becomes even more troublesome if the lawsuit is not covered by insurance, leaving you to find an attorney and then pay expensive legal bills on your own.
KEEFER can manage your litigation lawyers, working with you to ensure that business-forward, cost-effective legal strategies are being implemented.