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AL HB678
Bill
Status
4/10/2012
Primary Sponsor
Todd Greeson
Click for details
AI Summary
HB 678 Summary
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Requires state agencies to obtain written Governor approval and make a cost-effectiveness and public interest determination before entering contingency fee contracts with private attorneys.
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Establishes tiered contingency fee caps: 25% on recoveries up to $10 million, declining to 1% on amounts exceeding $50 million.
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Mandates state government attorneys retain complete control, supervisory involvement, and veto power over outside counsel decisions, with settlement authority reserved exclusively to the state.
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Requires private contingency fee attorneys to maintain detailed financial and time records for at least four years after contract termination and make records available for inspection upon request.
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Requires executed contingency fee contracts, written determinations, and contingency fee payments to be posted online for public transparency.
Legislative Description
Attorney General, state litigation, contingency fee contracts with private attorneys, regulated, Transparency in Private Attorney Contracts Act, Sec. 41-16-72 am'd
Attorney General
Last Action
Read for the first time and referred to the House of Representatives committee on Judiciary
4/10/2012