Contingency Fee Insurance is a specialized legal expense policy designed to help law firms manage the financial exposure of taking cases on a no-win-no-fee basis. Under these fee arrangements, attorneys are only paid if the client obtains a recovery—meaning the law firm’s work-in-progress (WIP) remains entirely at risk until the case resolves.

While contingency arrangements are attractive to plaintiffs, they may place significant financial pressure on firms, especially in high-value, long-duration commercial matters. Contingency Fee Insurance helps offset that pressure.

By insuring a portion of their invested time and resources, firms can reduce the financial downside of a loss while maintaining a significant portion of the upside if the case succeeds. For example, a partner may be able to show firm management or lenders that 40–60% of the expected fees are protected, even if no recovery is made.

At the same time, if the case is successful, the firm retains a large portion of its contingent fee, creating a better-than-billable outcome while preserving cash flow and partner confidence.

This product gives firms a more sophisticated way to price risk. It’s a strategic lever, not just a safety net.

Every case is different. We work with law firms to structure tailored combinations of insurance and litigation finance that align with the economics of the matter.