Comments on: A Thousand Little Refunds, Plus Attorneys Fees http://overlawyered.com/2007/10/a-thousand-little-refunds-plus-attorneys-fees/ Chronicling the high cost of our legal system Tue, 14 Feb 2012 16:26:11 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: nevins http://overlawyered.com/2007/10/a-thousand-little-refunds-plus-attorneys-fees/comment-page-1/#comment-14709 nevins Thu, 04 Oct 2007 00:48:43 +0000 http://overlawyered.com/wpblog/index.php/2007/10/a-thousand-little-refunds-plus-attorneys-fees/#comment-14709 The 'plaintiffs' got 3%? Their lawyers must have been feeling generous that day. [DMN: not yet; that's what the lawyers are requesting.] The ‘plaintiffs’ got 3%? Their lawyers must have been feeling generous that day.

[DMN: not yet; that's what the lawyers are requesting.]

]]> By: billb http://overlawyered.com/2007/10/a-thousand-little-refunds-plus-attorneys-fees/comment-page-1/#comment-14708 billb Tue, 02 Oct 2007 22:54:47 +0000 http://overlawyered.com/wpblog/index.php/2007/10/a-thousand-little-refunds-plus-attorneys-fees/#comment-14708 Sounds like we ought to limit class action attorneys' fees by the percentage of class members that avail themselves of a settlement. Being generous, I'd give the plaintiffs' attorneys a factor of two. I.e., if 50% of the class takes the settlement, they can have their full fee, otherwise they lose out proportionately (and, no, they're not entitled to a bonus for more the 50% participation). Costs of notifying class members, beyond a first-class letter, single email, and website, to be borne by the plaintiffs at their discretion. Sounds like we ought to limit class action attorneys’ fees by the percentage of class members that avail themselves of a settlement. Being generous, I’d give the plaintiffs’ attorneys a factor of two. I.e., if 50% of the class takes the settlement, they can have their full fee, otherwise they lose out proportionately (and, no, they’re not entitled to a bonus for more the 50% participation). Costs of notifying class members, beyond a first-class letter, single email, and website, to be borne by the plaintiffs at their discretion.

]]> By: wavemaker http://overlawyered.com/2007/10/a-thousand-little-refunds-plus-attorneys-fees/comment-page-1/#comment-14707 wavemaker Tue, 02 Oct 2007 17:20:10 +0000 http://overlawyered.com/wpblog/index.php/2007/10/a-thousand-little-refunds-plus-attorneys-fees/#comment-14707 Jeez, sounds like a bargain compared to the securities fraud class actions. I got a check once for $4.79 and the attorneys got $33 million. Jeez, sounds like a bargain compared to the securities fraud class actions. I got a check once for $4.79 and the attorneys got $33 million.

]]> By: Deoxy http://overlawyered.com/2007/10/a-thousand-little-refunds-plus-attorneys-fees/comment-page-1/#comment-14706 Deoxy Tue, 02 Oct 2007 14:18:20 +0000 http://overlawyered.com/wpblog/index.php/2007/10/a-thousand-little-refunds-plus-attorneys-fees/#comment-14706 ARG! Sadly, I, too, predicted this, but I honestly HOPED to be wrong, that suing someone to force them to do something THEY HAD ALREADY DONE would not b profitable, but alass, the lawyers have just as tight a stranglehold on us as I expected. They might save time by just resorting to actual robbery. The morality of it is the same. ARG!

Sadly, I, too, predicted this, but I honestly HOPED to be wrong, that suing someone to force them to do something THEY HAD ALREADY DONE would not b profitable, but alass, the lawyers have just as tight a stranglehold on us as I expected.

They might save time by just resorting to actual robbery. The morality of it is the same.

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