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Esq.

Mar. 1, 2011

The Lawsuit Safety Net

by Mike Rosen

California Court of Appeal Justice Edward J. Wallin once famously described attorneys fees as "the tail that wags the dog" because the prospect of writing a check to an opponent's lawyer can encourage even people with meritorious contract disputes to settle out of court. A new safeguard--contract litigation insurance (CLI)--offered by a Los Angeles agency could change the way business gets done.

As with ot...

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