Illinois General Assembly - Illinois Compiled Statutes

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735 ILCS 5/2-1114

(735 ILCS 5/2-1114) (from Ch. 110, par. 2-1114)

Sec. 2-1114.

Contingent fees for attorneys in medical malpractice
actions.

(a) In all medical malpractice actions the total contingent fee
for plaintiff's attorney or attorneys shall not exceed 33 1/3% of all sums recovered.

(b) For purposes of determining any lump sum contingent fee, any future
damages recoverable by the plaintiff in periodic installments shall be
reduced to a lump sum value.

(c) (Blank).

(d) As used in this Section, "contingent fee basis"
includes any fee arrangement under which the compensation is to be
determined in whole or in part on the result obtained.

(Source: P.A. 97-1145, eff. 1-18-13.)