LD 1721
pg. 1
LD 1721 Title Page An Act To Amend the Fees Paid to Attorneys for Lump-sum Settlements in Workers'... LD 1721 Title Page
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LR 2584
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 39-A MRSA §325, sub-§4, ¶B, as enacted by PL 1991, c. 885, Pt.
A, §8 and affected by §§9 to 11, is amended to read:

 
B. The computation of the fee, based on the amount
resulting after deductions according to paragraph A, may not
exceed: 25% of the settlement.

 
(1) Ten percent of the first $50,000 of the
settlement;

 
(2) Nine percent of the first $10,000 over $50,000 of
the settlement;

 
(3) Eight percent of the next $10,000 over $50,000 of
the settlement;

 
(4) Seven percent of the next $10,000 over $50,000 of
the settlement;

 
(5) Six percent of the next $10,000 over $50,000 of
the settlement; and

 
(6) Five percent of any amount over $90,000 of the
settlement.

 
SUMMARY

 
This bill limits the amount of attorney's fees for lump-sum
settlements in workers' compensation cases to 25% of the
settlement.


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