Current:Home > StocksTradeEdge-New Mexico ethics board issues advisory opinion after AG’s office high payment to outside lawyers -Wealth Pursuit Network
TradeEdge-New Mexico ethics board issues advisory opinion after AG’s office high payment to outside lawyers
NovaQuant View
Date:2025-04-10 16:45:07
SANTA FE,TradeEdge N.M. (AP) — New Mexico’s ethics board has issued an advisory opinion on contracts entered into on a contingency basis in the wake of a report about how much the state attorney general’s office paid outside lawyers.
The Santa Fe New Mexican reported Thursday that the state AG’s office paid nearly three times as much as other states to negotiate opioid settlements.
The newspaper said the 11-page advisory opinion by the New Mexico State Ethics Commission concluded that the state’s procurement code generally applies to a state agency’s or local public body’s procurement of contingent-fee contracts for legal services.
A contingent-fee agreement occurs when a law firm does not bill or expect payment until and unless the contingency is achieved, according to the advisory opinion.
Lauren Rodriguez, a spokesperson for the New Mexico Attorney General’s Office, said in a statement that the contingency fee allocated as a part of the recent settlement with Walgreens “was paid pursuant to a contract that contained no limit on fees” and done before Attorney General Raúl Torrez took office.
She also said Torrez has instituted “a new policy that sets strict limits on contingency fee cases moving forward and will follow the practice of other state attorneys general in relying on in-house attorneys as local counsel whenever possible.”
Rodriguez added that the AG’s office didn’t receive the commission’s advisory opinion until Tuesday and still is reviewing the rationale and analysis.
veryGood! (61969)
Related
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Why SZA Says Past Fling With Drake Wasn't Hot and Heavy
- Liberty University failed to disclose crime data and warn of threats for years, report says
- Deputy dies after being shot while responding to Knoxville domestic disturbance call
- The White House is cracking down on overdraft fees
- Jamie Lynn Spears eliminated in shocking 'Dancing With the Stars' Week 2. What just happened?
- Suspect charged in rapper Tupac Shakur’s fatal shooting will appear in a court in Las Vegas
- The 'American Dream' has always been elusive. Is it still worth fighting for?
- Meet first time Grammy nominee Charley Crockett
- Sirens blare across Russia as it holds nationwide emergency drills
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Child care programs just lost thousands of federal dollars. Families and providers scramble to cope
- Patrick Stewart's potential Picard wig flew British Airways solo for 'Star Trek' audition: Memoir
- 75,000 Kaiser Permanente health care workers launch historic health care strike
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- 'Ted Radio Hour' launches special 6-part series: Body Electric
- Indian police arrest editor, administrator of independent news site after conducting raids
- Judge in Trump's New York civil trial issues gag order after Trump posts about clerk
Recommendation
The Super Bowl could end in a 'three
Austin man takes to social media after his cat was reportedly nabbed by his Lyft driver
Meta proposes charging monthly fee for ad-free Instagram and Facebook in Europe
More than 500 migrants arrive on Spanish Canary Islands in 1 day. One boat carried 280 people
Meet first time Grammy nominee Charley Crockett
Hungary’s foreign minister hints that Budapest will continue blocking EU military aid to Ukraine
Turns out lots and lots of animals embrace same-sex relationships. Why will surprise you
Kevin McCarthy removed as House speaker in historic vote