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American Bar Association; Aggregate settlements (Law); Mass torts -- Lawsuits & claims; Lawyers -- Malpractice -- Law & legislation; Compromise (Law) -- United States
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Aggregate Settlements And Attorney Liability: The Evolving Landscape, Lynn A. Baker
Aggregate Settlements And Attorney Liability: The Evolving Landscape, Lynn A. Baker
Hofstra Law Review
This Article was prepared for the Hofstra Law Review conference on "Lawyers as Targets: Suing, Prosecuting, and Defending Lawyers." Over the past several decades, attorneys involved in mass tort settlements, especially those representing the plaintiffs, have faced an increasing number of large-dollar liability claims centered on the aggregate settlement rule: that is, the state equivalents to Rule 1.8(g) of the ABA Model Rules of Professional Conduct. During this period, courts have held that fee forfeiture, potentially totaling millions of dollars, is an appropriate remedy for violations of the Rule, even in the absence of any demonstrated economic harm to the …