California Bill Restricting Corporate Influence over Lawyers Heads to Newsom

California lawmakers have sent Gov. Gavin Newsom legislation aimed at preventing private equity firms, hedge funds and other corporate investors from influencing attorneys’ decisions about litigation, according to a press release issued Wednesday.

Assembly Bill 2305, authored by Assemblymember Ash Kalra, D-San José, would require decisions involving litigation to remain solely with licensed attorneys and their clients. READ MORE