Contingent Risk

CAC’s Contingent Risk Practice takes a comprehensive approach to building the market, with a focus on strong carrier relationships and the largest dedicated team of Contingent Risk Brokers in the world, all of whom are experienced attorneys. Our group consists of former litigators from top tier law schools, with multiple clerkships on the U.S. Courts of Appeals. We have extensive experience in appellate court representation, including at the U.S. Supreme Court. Our team also includes former litigation finance professionals, and we are supported by senior bankers with significant structuring and financing expertise.

We place contingent risk insurance policies across a wide range of risks, on both uncertain legal assets and uncertain legal liabilities. These insurance solutions turn legal uncertainties into A-rated collateral on the asset side, or into A-rated caps on total exposure on the liability side, facilitating a variety of transactions and corporate strategies.

Asset-side Solutions:

• Law firm contingency fee protection
• IP campaign and IP portfolio capital protection
• Legal asset investment wrappers
• Secondary market legal asset wrappers
• Judgment Preservation Insurance
• After-the-Event (ATE) insurance protection (for loser-pays legal fee risks)

Liability-side Solutions:

• Alter-ego liability risk protection
• Successor liability risk protection
• Regulatory and/or permitting risk protection
• Adverse Judgment or Award Protection

On the asset side, we have helped our clients successfully monetize legal assets through insurance backing, generating more than a billion dollars in liquidity. On the liability side, we have created solutions to allow transactions from the hundreds of millions of dollars to over a billion dollars take place that otherwise would not have been achievable on the terms contemplated.