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Class action lawsuits should require a "class advocate" who is only paid a flat percentage of the total amount awarded to the class in a settlement or court vic
by istjohn 6y ago
Class action lawsuits should require a "class advocate" who is only paid a flat percentage of the total amount awarded to the class in a settlement or court victory. The advocate would represent the class and would have the power to hire, fire, and negotiate compensation for any lawyers, and any settlement would require the advocate's approval.
The advocate could choose to fork over half of the settlement to the lawyers if they judge that that is it what is necessary to win, but they could also negotiate lower fees or hire another firm if they believe the lawyers are charging exhorbitant fees or otherwise not representing the best interests of the class.
HT @MikeUt https://news.ycombinator.com/item?id=26238726 https://news.ycombinator.com/item?id=26238726