Law firm proposals are becoming an increasingly important means of obtaining new business in today’s competitive world. A “Request for Proposal” (RFP) is frequently the triggering event, and can be issued by a municipality, corporate general counsel, insurance carrier, or a self-insured entity like a retailer or big box store. While every law firm proposal […]
ACE Acquisition of Chubb Moves Forward
“The combination of ACE and Chubb will create a global leader in commercial and personal property and casualty (P&C) insurance with enhanced growth and earning power,” according to an ACE news release. ACE shareholders approved the $28.3 billion acquisition of Chubb in an October 22 shareholders meeting. Following the transaction, the combined entity will become […]
P&C Defense Costs Targeted by Claims Executives
The LexisNexis® Property & Casualty Claims and Litigation Cost Containment Survey, released this month, reports that the leading cost management initiatives being pursued by claims executives are: Early case assessment and litigation prevention Reducing legal defense costs Vendor management Bill review systems Litigation management spending on outside law firms is expected to remain steady among […]
How One GC Hires Outside Counsel
Law firms seeking to do business with Northwestern Mutual will want to note what GC Ray Manista considers to be three important qualities: Be a team player Be flexible during the representation Don’t surprise us with your legal bills In a recent BNA article titled, “What Northwestern Mutual’s GC Looks For in a Law Firm,” […]
EPLI Claims May Include Independent Contractor Status Disputes
Insurance defense law firms with a focus on employment practices and EPLI claims may find an increasing number of disputes relating to independent contractor status. According to a 2014 report written by the Freelancers Union and Elance-oDesk Inc., an online marketplace for freelance work, over one-third of the labor force, or almost 53 million Americans, […]
