The Volokh Conspiracy - A Tax Break for Trial Lawyers?

The Volokh Conspiracy - A Tax Break for Trial Lawyers?: "Walter Olson notes that some folks in Congress are pushing a tax break for trial lawyers. Specifically, the proposal would enable plaintiffs' lawyers to deduct loans to clients to cover litigation expenses as made, rather than at the conclusion of the litigation. The estimated value of the tax code revision is $1.6 billion."