How do lawyers charge legal fees for litigating class actions?
Most often, lawyers representing plaintiffs in class actions charge a contingency fee. In a contingency fee arrangement, a lawyer agrees that he or she will only be paid if the plaintiffs collect money, and the lawyer takes an agreed percentage of the amount collected. This arrangement is beneficial for the clients because they do not incur risks in paying litigation costs and there is a great incentive for the lawyer to win the case.
