Credit: zimmytws/Shutterstock.com Increased Cap on Workers' Comp Attorneys' Fees Benefits All New Jerseyans
"Contrary to what opponents of the fee increase would lead you to believe, all New Jerseyans ... stand to benefit from the increased cap," writes Michael Ralph Lombardi.
October 09, 2024 at 10:30 AM
7 minute read
This past August, Acting Gov. Nicholas Scutari (who was serving in that position while Gov. Phil Murphy was at the Democratic National Convention) signed into law S2822/A3986, which increases the contingency fee cap for attorneys in workers' compensation cases from 20% to 25%. Scutari, the New Jersey senate president who himself is a personal injury and workers' compensation attorney, said the increase would "ensur[e] fair compensation for attorneys and provid[e] workers with the accessible, quality legal representation they deserve."
S2822/A3986, which amended N.J.R.S. 34:15-64 and increased the fee cap for the first time since it was established in 1927, was not without controversy. The New Jersey Business and Industry Association opposed the increase, claiming the state's workers' compensation claimants' attorneys have seen their fees increase proportionally over the past decade because the state average weekly wage rose over 28% during that period. The New Jersey State League of Municipalities also opposed the increase, citing the "worrisome trend of ever-increasing insurance costs."
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