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March 2, 2020

Legal Fees Take Center Stage in Opioid Trial

A new issue has arisen, according to Law.com, as the negotiation over a settlement continues in the massive opioid multidistrict litigation proceedings: how do the lawyers get paid, and how much?

 A large group of states, cities, and counties objected to a proposed plan that would require the defendants to hold back 7 percent of the funds for  “common benefit fees,” which the defendants themselves said could “seriously jeopardize the global settlement.” A bipartisan group of 37 attorneys general said last week that the common benefit fund “goes well beyond what is necessary to ensure fair compensation for private counsel,” and a group of 30 cities and counties said the proposal was “ambiguous and excessive.”

 The plaintiffs’ lawyers say their proposal reflects the cost of the litigation.

 

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