Update In Illinois Law / Procedure
REMINDER – PRE-JUDGMENT INTEREST WRITTEN SETTLEMENT OFFER DUE SOON
The Illinois Pre-Judgment Interest Act took effect in Illinois on July 1, 2021. (735 ILCS 5/2-1303). This law provides for prejudgment interest on all damages rendered in personal injury and wrongful death claims at the rate of 6 percent per year. For any case pending at the time the Act…