The Shippensburg (PA) News-Chronicle highlights Pennsylvania Attorney General Kathleen Kane’s use of private contingency fee counsel — and ILR’s criticism of the practice.
In addition to working with the Cohen Milstein plaintiffs’ firm to “sue a chain of for-profit nursing homes”, Kane’s office reportedly has contingency fee agreements in place with a handful of other firms.
“One stands to gain up to 40 percent of any recovery under $500 million from a payday loan service,” reports the News-Chronicle. “Another could net anywhere from 17 percent to 25 percent of any recovery for work kept confidential.”
“Thanks to their prevalence, the contingency fee arrangements have caught the attention of the U.S. Chamber’s Institute for Legal Reform,” continues the article. “In many cases, there’s little transparency surrounding the deals, said Bryan Quigley, senior vice president of strategic communications with the institute.”
Read the full story here.