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Yes, actually, this monetization strategy is quite common, especially among smaller firms. I know of a few here in Montreal, Canada, that will go after any big
by swat535 2y ago
Yes, actually, this monetization strategy is quite common, especially among smaller firms.
I know of a few here in Montreal, Canada, that will go after any big company (Mastercard, Facebook, Google, you name it) with random class action lawsuits. Then they settle as quickly as possible and cash out, usually with a payout in the $500K to $5M range.
To keep costs low, these firms often rely on interns, who are either unpaid or minimally paid and may only retain one or two actual lawyers.
It's become a whole cottage industry, kind of like patent trolling.