FC 42: PI & Other Firms Using Litigation Insurance with Level Insurance's Justin Leto


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Manage episode 224898736 series 1324992
By Jason Hartman, Gary Schreiner, Nika Kabiri, Bill Eddy, and Joel Trachtman. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Jason Hartman talks with Justin Leto, co-founder of Level Insurance, about how his company is helping the legal profession by offering litigation insurance. This gives lawyers protection from lost expenses when working contingency cases. Their hope is that the insurance will allow consumers to take their pick of lawyers instead of being pidgeon holed into only going to big companies that can afford to take contingency cases.

Key Takeaways:

[1:23] Is litigation insurance a new thing?

[5:24] The cost of taking cases to trial has gotten higher and higher and something needs to be done

[8:27] How the claim process works for lawyers

[12:36] Why are business cases being done on contingency now too?



64 episodes