Legal cost insurance as a strategic device

Roland Kirstein

Legal Cost Insurance (LCI) is not only a device to reallocate risk, but also to enhance an insured's position in a settlement negotiation. The paper points out that this function of LCI is especially important in cases that have a negative expected value for potential plaintiffs. Hence LCI is of interest even for risk-neutral customers.

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Year of publication:	20. Juli 1998
Other Persons:	Kirstein, Roland (contributor)
Publisher:	Saarbrücken : CSLE

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Extent:	Online-Ressource, 13 S. = 50 KB, Text graph. Darst
Series:	Discussion paper / Center for the Study of Law and Economics. - Saarbrücken : [Verlag nicht ermittelbar], ZDB-ID 2093203-0. - Vol. 9711
Type of publication:	Book / Working Paper
Language:	English
Notes:	Zsfassung in engl. Sprache Systemvoraussetzungen: LaTex-viewer
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003187002