The court approved a $900,000 accident benefits settlement for a party under disability but reduced the solicitor's contingency fee from 33.3% to 15%.
This application sought court approval for a proposed settlement of statutory accident benefits claims for a catastrophically impaired party under disability, along with approval of the applicant's counsel's contingency fee agreement.
The court approved the settlement amount but significantly reduced the solicitor's requested 33.3% contingency fee to 15% of the net recovery, finding the higher fee neither fair nor reasonable given the case's lack of complexity and risk.
The court emphasized the need for detailed justification for fees, especially for parties under disability.
SCJSuperior Court of JusticeJan 17, 2023