Litigation management
Term · Insurance and risk management · MLC-T-INS-002038
The strategic oversight and control of legal disputes and claims, particularly those involving an insurance company or its policyholders. This involves selecting legal counsel, setting budgets, monitoring case progress, and making decisions about settlement or trial. Effective litigation management aims to minimize legal costs and potential liabilities.
| Identifier | MLC-T-INS-002038 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002038",
"term": "Litigation management",
"field": "Insurance and risk management",
"definition": "The strategic oversight and control of legal disputes and claims, particularly those involving an insurance company or its policyholders. This involves selecting legal counsel, setting budgets, monitoring case progress, and making decisions about settlement or trial. Effective litigation management aims to minimize legal costs and potential liabilities.",
"url": "https://mlchart.com/terminology/insurance/litigation-management/"
}
Record 1,970 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.