Insurance companies claim property insurance lawyers have been "double-dipping" by applying fee multipliers in too many cases, while lawyers claim the multiplier measure is there for a good reason. (Photo: BeeBright/Shutterstock)
A bill working its way through the Florida Legislature would curb the use of attorney-fee multipliers — bad news for plaintiffs counsel who represent clients on a contingency basis, but a boon for the insurance industry, which claims attorneys often charge three times their hourly rate for routine property cases.
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Raychel Lean
Raychel Lean is ALM's Florida bureau chief, overseeing the Daily Business Review. Email her at [email protected] or follow her on Twitter via @raychellean.
