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Lawyers Fees Said Fair
CHARLESTON, S.C. (AP) - An $82.5 million fee awarded to lawyers representing South Carolina against big tobacco was ``fair and reasonable``, two
panelists who set the amount said. But a third member of the Tobacco Fee Arbitration Panel, which ruled on the fees following a $2.6 billion
settlement, said the award was ``grossly excessive.`` Under a $206 billion settlement between 46 states and big tobacco over health care costs, South
Carolina will receive $2.3 billion over 25 years as well as $357 million in economic aid to tobacco growers. Panel chairman John Calhoun Wells and
member Harry Huge praised the eight law firms involved in the 1997 case, saying they had been ``torchbearers for not just the South Carolina tobacco
farmers but the tobacco farmers in all the states.`` But dissenting panelist Charles Renfrew, a former U.S. district judge appointed by the tobacco
industry, said he was ``baffled by the size of the award`` and called it ``a windfall to South Carolina outside counsel.`` The panel`s decision was
released Monday. Massive legal fees have become commonplace in big tobacco settlements. In the last few years, five Texas firms received $3.3 billion
from a $17.3 billion settlement; attorneys in Arkansas demanded $243 million in fees from a $1.6 billion settlement; and three Wisconsin firms billed
a total of $840 million for their work on a case which ended in a $5.9 billion settlement. Source: Associated Press By BRUCE SMITH




