In an apparent case of first impression, a Philadelphia judge, in upholding a $78.4 million medical malpractice verdict, has ruled that attorney fees must be based on the present value of the jury’s future damages award, not the cost of an annuity, to satisfy the judgment for future medical costs.
As a result of the judge’s ruling, the plaintiffs firm is entitled to $9.9 million in counsel fees.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
