The New Jersey Supreme Court amended the Rules Governing the Courts as of Sept. 1, 2014. Several of these amendments have an effect on the practice and procedure for handling “automobile injury” cases, including contingent fees, release of medical records, personal contact with prospective clients and uniform interrogatories.
Contingent Fees
Rule 1:21-7 sets forth the amount of the contingent fee that an attorney can charge in any matter “where a client’s claim for damages is based upon the alleged tortious conduct of another.” The old rule provided for a fee of 33-1/3 percent of the first $500,000; 30 percent of the next $500,000; 25 percent of the next $500,000; and 20 percent of the next $500,000. (This amounts to 27 percent of the first $2 million.) For any amounts above $2 million, the attorney is required to file an application with the court for the determination of a reasonable fee.
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