4 ms·
Yes. $30/victim is the negotiated amount at which the lawyers make an acceptable profit. I'm talking about the lawyers who initiated, orchestrated, and covered
by cs702 11mo ago
Yes. $30/victim is the negotiated amount at which the lawyers make an acceptable profit.
I'm talking about the lawyers who initiated, orchestrated, and covered all costs associated with the class action lawsuit.
They typically get ~30% of the announced settlement. The headline figure in this case was $5M, so the lawyers likely got ~$1.5M.
That has nothing to do with the worth of each victim's information.