IL HB4770

Amends the Attorneys Lien Act to make a technical change to Section 1 regarding the creation and enforcement of attorney liens on client claims and causes of action.

Attorneys may hold liens on claims, demands, and causes of action placed in their hands for suit or collection for agreed-upon fees or reasonable fees in the absence of agreement, plus costs and expenses.

When health care services liens total 40% or more of the sum paid to an injured person, attorney liens under this Act are capped at 30% of that sum, with all attorneys sharing proportionate amounts within this limitation.

Attorney liens are not affected or limited by the statutory cap if an appeal is taken by any party to a suit based on the claim or cause of action.

Liens attach to verdicts, judgments, and recovered money or property from the time written notice is served on the adverse party, and courts may adjudicate lien rights on petition with at least 5 days' notice.