Barnes & Thornburg has added Lilit Asadourian to the firm’s Los Angeles office as a partner in the Litigation Department, where she will practice in the firm’s nationally-recognized Insurance Recovery and Counseling group.
Asadourian focuses her practice on insurance recovery, bringing over two decades of insurance dispute and financial litigation experience in private practice and in-house with two major banks. As a litigator, Asadourian represents corporate policyholders in breach of contract and bad faith disputes, which involve first- and third-party coverage claims.
Asadourian joins on the heels of two insurance recovery partners, Kevin Dreher in Chicago and Austin Bersinger in Atlanta, in 2021. She bolsters a growing roster of talent who have secured billions of dollars of insurance recovery for policyholders, ranging from Fortune 100 companies to small, privately held businesses.
“As we navigate our way out of the pandemic, we expect to see a significant increase in insurance recovery analysis and claims on behalf of our corporate clients,” said Randy Brown, chair of the firm’s Litigation Department. “Lilit’s diverse range of experience within financial and insurance recovery sectors make her a great team asset that will further bolster the firm’s ability to effectively serve our clients’ needs throughout the changing market.”
Asadourian’s insurance recovery practice involves claims that emerge under commercial general liability, fiduciary, property, errors and omissions, directors and officers, and employer liability policies. In addition to her insurance recovery experience, Asadourian represents financial institutions in matters involving residential mortgage-backed securities, loan-repurchase litigation and other complex commercial disputes.
“Lilit’s decades of experience in private practice and in-house make her an excellent addition to the Los Angeles office,” said David C. Allen, Los Angeles managing partner. “In addition to her outstanding legal know-how, Lilit provides beneficial strategic guidance to her clients. Her ability to understand clients’ perspectives, plan for risks and advise how to insure against risks and, when litigation is necessary, implement targeted litigation strategies makes her an extremely effective litigator.”
Asadourian earned her J.D. from the University of California, Los Angeles School of Law and her B.A., cum laude, from the University of California, Los Angeles.