Plaintiffs Lawyers Push Treasury Department for Tax Change

The nation's trial lawyers are lobbying the U.S. Treasury Department to approve a potentially lucrative tax change, after they failed to move the proposal through Congress. Trial lawyers are hoping for an administrative ruling by the Treasury Department that would give them at least a partial victory in their long quest for the tax change. And so far, a top Treasury Department official has said he's considering the proposal. At issue are the up-front litigation expenses in contingency-fee cases.