Tax Breaks for Plaintiff’s Lawyers ?

Further proving that law is just another industry, LegalNewsline has an interesting article here about legislative efforts to give plaintiff’s lawyers a tax break. Instead of personal injury case expenses being treated as loans to the clients, the plaintiff’s lawyers want to immediately expense the amounts spent. According to the article, the hoped-for tax break was a topic at the recent national meeting of the trade association plaintiff’s personal injury bar.

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About Kirk

Since becoming a lawyer in 1983, Kirk’s over 30 years of practice have focused on advising a wide range of corporations, associations, and individuals (as both plaintiffs and defendants) on both tort and commercial law issues centered around “mass torts.”

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