Arent Fox partner Elliott Kroll quoted in The Washington Post "Law firms expand despite downturn"
July 5, 2010 - Arent Fox partner Elliott Kroll was interviewed by The Washington Post in an article on the firm’s expansion of its New York office.
‘Washington-based Arent Fox, which like many law firms has been exploring how it can reshuffle practice areas and restructure in light of the economic downturn, is launching an insurance and reinsurance unit in New York. Last month, the firm hired five lawyers for the unit that will litigate cases for and against insurance companies, represent the industry in regulatory matters before Congress and advise insurers on their own insurance and investments. The firm said it expects the unit to grow substantially in the future.
"The reality is insurance is countercyclical or at least noncorrelated to the economy," said Elliott M. Kroll, who chairs the firm's insurance and reinsurance practice. "Everyone needs insurance and disputes arise ... There are always regulatory issues to be addressed that have nothing to do with whether the stock market is up or down."’


