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BIG MONEY – A federal judge has approved an estimated $245 million in fees and costs to lawyers leading the MDL over Pinnacle hip implants, of which more than 75% will go to the five firms in charge of allocating the award, Amanda Bronstad reports. Lawyers on the fee committee are: Mark Lanier at The Lanier Law Firm who is set to receive $77.2 million after winning billions of dollars in verdicts against DePuy Orthopaedics, a unit of Johnson & Johnson; Larry Boyd, at Fisher, Boyd, Johnson & Huguenard, who is expected to get $17.2 million; Richard Arsenault, at Neblett, Beard & Arsenault, who is set to receive $47.9 million; Jayne Conroy at Simmons Hanly Conroy in New York, who is allocated $32.1 million, along with $11.4 million to the firm’s predecessor; and Steve Harrison at Harrison Davis Steakley Morrison Jones, who is expected to receive nearly $2.7 million.
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