Friday, April 22, 2016
On Wednesday, Arkansas's attorney general approved the wording of a proposed ballot item to amend the constitution that would instruct the state's legislature to set a cap on punies in med mal cases at no less than $250,000. It would have to be adjusted for inflation every 2 years. Lawyers would also be prohibited from charging over one-third as a contingency fee. With the approval, the sponsor can begin gathering the 84,859 signatures needed to place the proposal on the November ballot. (Via Arkansas News) Punies in med mal cases are extremely rare, but, if awarded, tend to be in high amounts.