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LSDefine

Simple English definitions for legal terms

captive law firm

Read a random definition: subvention

A quick definition of captive law firm:

A law firm is a group of lawyers who work together to provide legal services to clients. They may organize themselves as a partnership, corporation, or limited-liability company. The partners or shareholders oversee junior lawyers called associates, who may eventually become partners. A captive law firm is a type of law firm that works exclusively for an insurance company. The lawyers in a captive firm defend insured clients in lawsuits covered by the insurer's liability policies. However, there are ethical concerns about whether the lawyers will act in the best interests of the insured client.

A more thorough explanation:

A captive law firm is a type of law firm that is staffed by employees of an insurance company. These lawyers typically defend insureds in lawsuits covered under the insurer's liability policies. The insurer's use of a captive firm to defend an insured raises ethical questions about whether the lawyers will act in the insured's best interests.

For example, if an insurance company has a captive law firm, and one of their policyholders is sued, the captive law firm will defend the policyholder in court. However, because the captive law firm is employed by the insurance company, there may be a conflict of interest. The captive law firm may be more concerned with protecting the interests of the insurance company than with protecting the interests of the policyholder.

Another example of a captive law firm is a law firm that is owned and operated by a corporation. In this case, the law firm is not independent, but rather is controlled by the corporation. This can also raise ethical questions about whether the lawyers will act in the best interests of their clients or in the best interests of the corporation.

These examples illustrate how a captive law firm can create conflicts of interest and raise ethical questions about the loyalty of the lawyers to their clients.

captive insurer | capture

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21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here
almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
Irvine is being snobby and wont start any review until end of Nov.
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