Re:You have a month left to get your share of Facebook’s $72...
by wahern on Saturday July 29, 2023 @06:20AM
(#36918703)
The average (mean and median) for attorneys' fees in class actions typical lies between 20% and 25%, depending on the category of case and jurisdiction. https://www.uscourts.gov/sites/default/files/theodore_eisenb... There's a pretty strong correlation with hours worked, too, so while it's a profitable occupation to be sure, there are not typically windfalls even with large cases.
By comparison, non-class action civil cases taken on contingency hover generally around 33%, though for factory line legal work (i.e. rote, high volume), like workers comp cases, it's usually much lower, IIRC, like 15%.
Re:You have a month left to get your share of Facebook’s $72...
by IggleSniggle on Saturday July 29, 2023 @04:55PM
(#36924470)
From the settlement:
> Class Counsel will ask the Court for an award of attorneys’ fees not to exceed 25% of the Settlement Fund, as well as reasonable expenses incurred in the litigation. They will also ask the Court to approve a Service Award for each of the Settlement Class Representatives not to exceed $15,000 each. The Court may award less than these amounts. If approved, these fees, expenses and awards will be paid from the Settlement Fund.
Re:You have a month left to get your share of Facebook’s $72...
by Terr_ on Saturday July 29, 2023 @01:05PM
(#36922237)
No, you're spreading misinformation: It says residents, not citizens.
The limited scope is not unusual or special to the US either: Across the world there are different courts and jurisdictions, and very few allow some weird kind of global declaration.
By comparison, non-class action civil cases taken on contingency hover generally around 33%, though for factory line legal work (i.e. rote, high volume), like workers comp cases, it's usually much lower, IIRC, like 15%.
> Class Counsel will ask the Court for an award of attorneys’ fees not to exceed 25% of the Settlement Fund, as well as reasonable expenses incurred in the litigation. They will also ask the Court to approve a Service Award for each of the Settlement Class Representatives not to exceed $15,000 each. The Court may award less than these amounts. If approved, these fees, expenses and awards will be paid from the Settlement Fund.
The limited scope is not unusual or special to the US either: Across the world there are different courts and jurisdictions, and very few allow some weird kind of global declaration.