Attorney General No.

SA88RF0006

Secretary of State No.

448

Description

ATTORNEY FEES LIMIT FOR TORT CLAIMS. INITIATIVE STATUTE. Measure places limit on amount of a contingency fee an attorney may collect for representing a person in connection with a tort claim. The fee may be no more than twenty-five percent of first fifty thousand dollars recovered, no more than fifteen percent of next fifty thousand dollars recovered, and no more than ten percent of amount recovered above one hundred thousand dollars. The court may review the fee and reduce it below the stated limits if it is not reasonable and fair. Defines amount recovered to calculate fee limitations. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Measure contains features which could result in both cost increases and savings. Fiscal magnitude or net fiscal impact on state and local governments is unknown.

Proponents

Edwin E. Smith, 2850 Rhonda Way, Sacramento, California 95821

Date

4-4-1988

Document Type

Initiative

Qualified

Qualified

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