On Friday, YallPolitics posted a story about Florida having not engaged outside counsel to pursue BP for damages on behalf of the state as Mississippi has recently done with AG Jim Hood hiring his mentor and former AG Mike Moore.
A die-hard YP reader reached out to us and let us know we were wrong. In 2011, the Florida AG took the position of no outside counsel. However, three weeks ago, Florida changed its stance and hired outside counsel. We are so glad that we got told about that because the two agreements (Florida’s and Mississippi’s) could not be more different. Florida’s agreement is a highly detailed 17 page agreement that limits fees to no more than 2.5%.
On the other hand, Mississippi’s agreement is a 3 page, undetailed, open-ended agreement that looks like it was written on the back of a napkin (or just printed on whole cloth). You be the judge.