this post was submitted on 11 Sep 2023
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And the lawyers walk away with a nice $181 million dollars...
Seems fair...
I mean they did do all the work.
$181m of work?
Collectively between many lawyers since 2018?
Right, this sort of thing can involve a giant team of lawyers and paralegals pouring over documents and case law. The next big case they take on may be years away from a successful settlement (if they even get one), and they need to float on that money. That said, the top partners of the firm are definitely getting a payday.
Wouldn't be shocked if that was their business model. Trying to look up the plaintiffs it seemed like they were represented by a firm that did a lot of mesothelioma cases.
plus court fees, travel, research, office space, etc
Unfortunately, this is the best our legal system has for punishing companies. It hurts them in the thing that they love the most, which is something. Then the lawyers get a payday and the average person in the class action gets a small slice of what's left.