The other day, we reported that pressure was continuing to build on New York trial lawyers to reduce the huge amount of money they wanted as their cut for representing 9/11 rescue and response workers who became ill after heroic work saving lives at Ground Zero. You can read the original post here.
Thursday, it was reported that the lawyers have done so, although perhaps by a smaller amount than the New York Daily News would have liked. Under the new agreement, the plaintiffs' lawyers have grudgingly agreed to reduce their fees to a maximum of 25 percent of the settlement amount, down from the 33.33 percent initially called for. As a result, the actual victims will get to keep an additional $50 million.
You can read more on The Wall Street Journal law blog and the Daily News article.