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Private member’s bill looks to cap lawyers' contingency fees

Tuesday, March 14, 2017 @ 12:46 PM | By Tom Venetis

A private member’s bill seeks to put a limit on Ontario lawyers’ contingency fees.

Bill 103 was introduced by Mike Colle, a Liberal MPP for Eglinton-Lawrence. If it is passed into law, the bill would amend the Law Society Act and the Solicitors Act in matters related to personal injury claims and client arrangements.

Specifically, Colle’s proposal looks to amend s. 28.1 of the Solicitors Act with the addition of this subsection:

“If a contingency fee agreement involves a percentage of the amount of damages recovered in...