Money

Image by Images_of_Money via Flickr

The North Carolina Governor has just signed into law some major changes to the Attorneys’ Fees Statute, N.C.G.S. §6-21.1. These changes become effective October 1, 2011 and apply to all cases on or arising after that date. The revised Statute now applies to cases in which the damages recovered are $20,000 or less, as compared to $10,000 or less under the current version. The Statue now authorizes the trial Judge to award attorneys’ fees only when it is shown that the amount of damages recovered is more than the highest offer of settlement made at least 90 days prior to trial.

Advertisements