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As lawsuits mount against drug makers, the Pharmaceutical Research and Manufacturers of America is planning a ballot initiative aimed at capping contingency fees in California at 20 percent. The president of Consumer Attorneys of California, Sharon Arkin, responded that restricting contingency fees would harm consumers by making lawsuits against manufacturers less attractive to attorneys, who often spend large sums to bring such cases to trial with the prospect of winning fees of up to 40 percent.
February 09, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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