LPO meaning

The ruling is rare, partly as reinsurance rows in England are usually settled behind closed doors in arbitration rather than aired in open court. Consequently, such written judgments are infrequent. It also raised an issue over what many UK insurers label ‘non-damage’ Covid-related claims, implying losses where premises sustained no physical injury yet fell within reinsurance protection, that is, claims triggered by the pandemic without any tangible breakage or alteration to structures. The cover in dispute concerned business interruption during the government-ordered lockdown, regardless of any structural impact to the business premises, or any physical alteration to the site. This piece sets out the principal arguments and determinations arising from the case, in summary. The reinsurers appealed arbitral awards obliging them to indemnify their insureds, namely the direct insurers, under their reinsurance contracts. Central questions included whether the surge in coronavirus cases before the lockdown order amounted to a covered catastrophe and, if so, whether the so‑called hours clause ultimately capped post‑order recovery to a fixed...

Until quite recently, outsourcing legal work largely involved approaching external lawyers, virtually cap in hand. Now, the landscape has matured and diversified, leaving in-house lawyers with an array of business and service delivery models to select from. This Practice Note is aimed at in-house lawyers contemplating handing portions of legal work to external suppliers. It forms part of a broader suite of guidance and Precedents created to support your outsourcing decision. It sets out the range of outsourcing options and encourages consideration of: getting more from existing arrangements, including internal resource engaging external counsel alternative legal services providers (ALSPs) business process outsourcing (BPO) See also Practice Notes: Legal services outsourcing—in-house lawyers—information gathering Legal services outsourcing—in-house lawyers—which legal services to outsource Exploit what you already have Before turning to outsourcing, can you make better use of what already exists...

1 Introduction This paper was compiled by [ insert name or role ] on [ insert date ]. It outlines the intended approach to resourcing [ insert organisation’s name ]’s legal services, identifying which activities should be commissioned from external providers and which should continue to be delivered in-house...