Private Lawyers Stand to Make $90 Million in Johnson & Johnson Opioid Ruling
The judgment in the Oklahoma opioid litigation, if upheld, could yield a huge return on investment for the private lawyers hired by Oklahoma’s Republican Attorney General Mike Hunter, reports Legal Newsline.
“Under their 2017 contract with the state, those lawyers — Whitten Burrage, Nix Patterson and Glenn Coffee & Associates — get 25% of any award up to $100 million with that percentage falling to 15% of anything over $500 million,” writes Legal Newsline’s Daniel Fisher.
And more big bucks could be in the pipeline: “They stand to earn $90 million in fees from this verdict, on top of $59 million of the $260 million Purdue Pharma settlement and another $21 million from an $85 million Teva settlement in June.”
Read the Legal Newsline article.
