Cap attorney contingency fees at 20% of all settlements and awards for civil cases.
Ensure more money goes to plaintiffs and victims by guaranteeing they receive at least 80% of net settlements and awards.
Not limit liability or the amount corporations or defendants must pay when they’re found to be in the wrong.
Offer relief to consumers who pay thousands per year in higher prices for everyday goods and services due to costly litigation.
Because there are few limits on legal fees, plaintiffs’ lawyers frequently take close to half of all settlements and awards that are supposed to go to their clients.
It will help ensure more money goes to plaintiffs and victims by guaranteeing they receive at least 80% of net settlements and awards if they win in court or settle.
The measure caps what attorneys can take, but it does not limit total award and settlement amounts owed to plaintiffs by defendants. And it does not limit the amount corporations or defendants must pay when they’re found to be on the wrong.
