Crowell & Moring Strengthens Insurance Recovery Practice with Raptis Hire
Event summary
- Steve Raptis, a Chambers-ranked insurance recovery attorney with over 30 years of experience, joins Crowell & Moring as a partner in Washington, D.C.
- Raptis has recovered hundreds of millions of dollars in insurance proceeds for policyholders across various industries.
- He specializes in complex insurance disputes involving D&O, E&O, cyber, environmental, and general liability matters.
- Raptis previously worked at Reed Smith, Manatt, Haynes & Boone, K&L Gates, Gilbert, and Swidler Berlin Shereff Friedman.
The big picture
Crowell & Moring's addition of Steve Raptis underscores the growing importance of specialized insurance recovery services in the legal industry. As companies face increasingly complex insurance disputes, law firms are investing heavily in talent that can navigate these high-stakes claims. This hire positions Crowell & Moring to better compete with other top-tier firms in attracting clients with significant insurance-related risk management needs.
What we're watching
- Practice Growth
- How Crowell & Moring will leverage Raptis's expertise to expand its insurance recovery practice and attract new clients.
- Competitive Dynamics
- Whether this hire will intensify competition among law firms for top insurance recovery talent.
- Client Impact
- The pace at which Raptis can integrate into Crowell & Moring and start delivering value to existing and new clients.
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