3 ms·
I see a lot of hate here for lawyers who pursue Class-Action suits. I think it's pretty easy to see them as syphoning money off of problems that don't personall
by DubiousPusher 9y ago
I see a lot of hate here for lawyers who pursue Class-Action suits. I think it's pretty easy to see them as syphoning money off of problems that don't personally affect them and are often minor.
They do have one very strong value though. They act as a solution to the concentrated benefit diffuse cost problem.
The large take of a class action is essentially a honey pot that draws action when most of us would just put up with the problem because it represents a personal cost too small to care about.