| TASK FORCE ON CONTINGENT FEES ~ Welcome ~ |
| Our Organizational Statement |
| The purpose of this Task Force is to evaluate lawyers' contingent fee rules
and practices and proposals for their reform. To provide its members with a solid foundation for its work, the Task
Force will begin not by a narrow focus on remedial proposals, but rather with a broader study of the history and
rationales for contingent fees. Mindful that different areas of practice entail special issues, the Task Force will seek
to define the sources and nature of perceived problems and to assess their seriousness. Among the issues it will address
are: how well the contingency fee system provides access to the justice system, especially for those who could not
otherwise afford such access; how contingent fees affect the financing of tort actions, including their role in both
individual and class actions; whether there are "standardized" contingent fees and whether exists a genuine market for
contingent fees; how ethical rules relating to reasonableness of fees apply and whether they are adequately enforced;
to what extent risk influences the determination of contingent fees agreements and awards. Where the Task Force finds problems, it will evaluate proposed remedies, whether of its own making or suggested by others (such as the Common Good proposal). Ultimately, the Task Force will provide to all interested parties a report of its findings and recommendations, if any, for improvements in contingent fees rules and practice. To accomplish these tasks, the Task Force will explore contingent-fee issues in a series of informal hearings. The members will prepare with pertinent background meetings and then interview invited guests who have expertise and important information about contingent fee theory and practice. |
| Articles for Download Press Release PDF | Word Report on Contingent Fees in Medical Malpractice Litigation - PDF Medical Malpractice Report Exhibits - PDF Court Review of Amendment to Limit Fees - PDF |
For enrollment in a committee of the Tort Trial & Insurance Practice Section. NOTE: If you are already a Tort Trial & Insurance Practice Section member, you may join up to three (3) committees at no additional cost. However, if you are not a Section member, you must join the Tort Trial & Insurance Practice Section first. If you have any questions regarding participation in TIPS Committees contact our Membership Specialist Linda Wiley or call 312/988-5673.
TIPS LEGAL
DISCLAIMER --
The materials at this site, including the
links to other Web sites, have been provided by the Tort Trial & Insurance Practice
Section of the American Bar
Association for informational purposes only and do not constitute legal
advice, the practice of law, or the endorsement of the content provided by any
linked site. Use of this site does not create or constitute, in any way, an
attorney-client relationship between the ABA, TIPS, their entities, or any individual
members and the viewer of this site. Neither does the ABA, TIPS, their entities,
nor any of their members assume any responsibility for any misinterpretation
or misapplication of the information contained on this site by the viewer, or
of the content of any Web sites linked to this site. Points of view or opinions
at this site do not necessarily represent the official policies or positions
of the ABA, TIPS, or any of its entities or members. Users of this site should
not act upon any information received without seeking the advice of professional
legal counsel
Last Updated on Friday, September 10, 2010 4:35 PM
