Bill
Bill > A07448
NY A07448
NY A07448Updates contingent fee rules for attorneys in claims or actions for medical, dental or podiatric malpractice; permits applications for enhanced fees; permits plaintiffs to waive contingent retainer limitations.
summary
Introduced
05/22/2023
05/22/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the judiciary law, in relation to reform and update contingent fee rules for attorneys in claims or actions for medical, dental or podiatric malpractice
AI Summary
This bill updates the contingent fee rules for attorneys in claims or actions for medical, dental, or podiatric malpractice. It increases the maximum contingent fee percentages that can be charged, with the highest percentage now applied to amounts over $1.5 million recovered. The bill also permits applications for enhanced fees beyond the standard schedule, based on factors such as the attorney's superior performance, and allows plaintiffs to voluntarily waive the percentage limitations if they choose to do so. The bill aims to reform and update the existing contingent fee rules in these types of malpractice cases.
Committee Categories
Justice
Sponsors (1)
Last Action
referred to judiciary (on 01/03/2024)
Bill Topics
Law, Crime, and Family Issues
- ‐ Civil Law and Procedure
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A7448 | 05/22/2023 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A07448&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A07448 | 05/22/2023 |
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