How are the attorneys paid in class action cases?
The attorneys generally are paid in connection with an order from the Judge in charge of the case, and then only if the case is successful. The judge responsible for the case reviews a “fee petition” made by the attorneys. This fee petition details the work the attorneys have done on behalf of the class. The court then enters an order detailing the amount of the judgment or settlement proceeds to be paid to the attorneys. The amount of the fees awarded is based upon a number of factors, including, for example, the quality of the work, the difficulty of the case, the amount of time spent on the case, and the results obtained. This amount could be up to 20-33% of the total amount of a settlement or judgment.