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Contingent Risk

Contingent Risk

CAC is a thought leader in litigation risk transfer solutions for corporate litigants and law firms.

Our Contingent Risk Practice has a comprehensive approach to building the market, with a focus on strong carrier relationships and a dedicated team of attorneys. Our group consists of former corporate lawyers from top law schools, with clerkships on influential U.S. Courts of Appeals. We have extensive experience in appellate court representation, including the U.S. Supreme Court. Our team also includes senior bankers with significant experience in complex finance, capital market relationships, and structuring and financing expertise. Additionally, we have facilitated over $100 billion in public and private financings and other private transactions. We have successfully monetized legal assets through insurance backing, generating hundreds of millions of dollars.

We provide insurance on a cross-collateralized portfolio of litigation assets (for instance, a law firm’s alternative fee agreement book). We ensure a significant victory at the trial or arbitration level by creating a “floor value” to the litigation, or insuring a floor value to earlier stage litigation in the right context. Based on any of the above insurance products, we can facilitate non-recourse financing that brings forward cash now for strategic use. Capping maximum exposure in ongoing litigation for strategic (credit enhancement, release of reserves or escrowed funds, solving M&A deal friction).

Industry Experts

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Andrew
Mutter

Executive Vice President, Contingent Risk Practice Leader
Specialty
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David
Barnes

Executive Vice President, Practice Leader, Representations & Warranties
Specialty
Profile image for Michael Wakefield

Michael
Wakefield

Executive Vice President and Transactional Insurance Practice Leader
Specialty

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