Law firms such as Reed Smith LLP and Pillsbury Winthrop Shaw Pittman LLP are poised to benefit the most from an expected wave of insurance coverage lawsuits triggered by the coronavirus pandemic.
The two firms are already considering shifting commercial litigators as they position themselves to bring lawsuits against insurers for denying claims on business interruption policies while many of their Big Law peers are conflicted out because of their industry clients.
“Given a limited supply of non-conflicted policyholder-side firms, and the amount of new work we’ve already seen in the last three weeks here at Pillsbury, we will need ...