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Bill > S2822
NJ S2822
NJ S2822Revises workers' compensation law to increase contingency attorney fee cap in contingency case from 20 percent to 25 percent.
summary
Introduced
02/27/2024
02/27/2024
In Committee
05/16/2024
05/16/2024
Crossed Over
05/13/2024
05/13/2024
Passed
08/22/2024
08/22/2024
Dead
Signed/Enacted/Adopted
08/22/2024
08/22/2024
Introduced Session
2024-2025 Regular Session
Bill Summary
An Act concerning contingency fees in workers' compensation matters and amending R.S.34:15-64.
AI Summary
This bill amends New Jersey's workers' compensation law to increase the maximum contingency attorney fee cap in workers' compensation cases from 20 percent to 25 percent of the judgment or award. A contingency fee means the attorney's fee is a percentage of the amount the client wins, and they only get paid if the client is successful. This change applies to all pending workers' compensation claims from the date the bill becomes law.
Committee Categories
Labor and Employment
Sponsors (6)
Robert Karabinchak (D)*,
Joe Lagana (D)*,
Anthony Verrelli (D)*,
Luanne Peterpaul (D),
Verlina Reynolds-Jackson (D),
Shanique Speight (D),
Last Action
Approved P.L.2024, c.55. (on 08/22/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S2822 |
| BillText | https://pub.njleg.gov/Bills/2026/S3000/2822_I1.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/PL24/55_.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/AL24/55_.HTM |
| Analysis - Statement ALA 5/16/24 | https://pub.njleg.gov/Bills/2024/S3000/2822_S2.PDF |
| Analysis - Statement SLA 3/14/24 | https://pub.njleg.gov/Bills/2024/S3000/2822_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/S3000/2822_I1.HTM |
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