$150M Defense Costs on the Line: 7th Circuit Seeks State Court Guidance for Pollution Exclusion
In certifying the question for the Supreme Court of Illinois, the panel noted the ramifications the decision could have in the insurance industry. The cost to represent the companies in the underlying dispute could total over $150 million in defense costs, or the insurer could be removed from the litigation entirely if the Illinois Supreme Court allows the pollution exclusion to apply.
How I Made Partner: 'Focus on Building Relationships With Both Clients and Colleagues,' Says Liz Banks of Hogan Lovells
"I would advise focusing on building relationships with both clients and colleagues. Always strive to do your best work on every assignment, no matter how small, as it could lead to bigger opportunities down the road. You never know when you'll work with someone who becomes a key mentor or advocate of your career."