Claimants’ attorneys in New Jersey would be entitled to contingency fees of up to 25%, under recently introduced legislation.
“The basis for the award of a contingency fee, with a maximum of 25% of the petitioner’s settlement, order on motion, or judgment, shall be the value of the money judgment awarded to the petitioner, and the judge of workers’ compensation shall not consider among the factors in determining reasonableness of a fee the number of hours expensed by counsel or counsel’s hourly rate, the representation having been secured on the basis o...
Comments