California is putting a price tag on outside interference in legal decisions. According to Above the Law, the state now imposes a $10,000 penalty for each instance where private equity investors try to influence litigation strategy. The move is aimed at keeping investment firms from dictating how lawyers handle cases.
California Fines Private Equity $10,000 for Interfering in Litigation
A new California rule prices outside influence over legal decisions at $10,000 per violation.
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