“Perspectives: Understanding Attorney Fee-Shifting to Mitigate Exposures,” by Allison Scott, Esq. and Iram Valentin, Esq., published in Business Insurance, 12-1-2023

The availability of attorneys fees is a significant concern to policyholders. Without the potential to recover the fees, most dubious claims and suits related to employment law and consumer protection, for example, would not be pursued.The potential of a fee recovery also drives up the cost of resultant litigation, settlements and awards. Thus, a double-headed monster emerges: an increase in the number of claims and an increase in exposure, which can eventually drive up the costs of insurance.Please read the full article at the Read More link 

Iram Valentin is co-chair of the professional liability practice group in the Hackensack, New Jersey, office of Kaufman Dolowich LLP. He can be reached at ivalentin@kaufmandolowich.com. Allison Scott is an associate at the firm. She can be reached at allison.scott@kaufmandolowich.com.

Read more at the full article.