Comments on: “Courts Should Stop Approving Unfair Class Action Settlements”

By: RT

RT — Mon, 14 Nov 2016 18:10:02 +0000

Without class action attorneys to absorb the risk of litigation, these gym members would not even have the opportunity to submit a claim.

By: Mark Biggar

Mark Biggar — Mon, 14 Nov 2016 15:11:45 +0000

MattS

But that would give those lawyers incentive to get the payout streamlined and done faster.

By: MattS

MattS — Mon, 14 Nov 2016 04:43:23 +0000

In reply to LTMG. That would be very interesting. However, class action plaintiffs lawyers are used to getting paid as soon as the settlement is approved and your suggestion could mean years of delay in the lawyers getting paid.

By: LTMG

LTMG — Sun, 13 Nov 2016 18:53:19 +0000

What if a judge tied compensation to class counsel based on the claims actually paid to the members of the aggrieved class? Wouldn’t that be interesting?

By: Canvasback

Canvasback — Sun, 13 Nov 2016 04:09:57 +0000

Part of the problem might be the general carelessness lawyers have with other people’s money. They can’t be bothered to calculate that $1.6 million is not 10% of $8.5 million, but 18.8%. They’re off by nearly half. See D.C. for larger examples.
But they pay closer attention to their own fees I’m sure.

By: Former Overlawyered blogger

Former Overlawyered blogger — Sun, 13 Nov 2016 01:47:44 +0000

Ahem.