Follow POL on Twitter California state senator Tom Harman has a short position paper out with the Washington Legal Foundation. In it he advocates withholding a percentage of class action plaintiffs lawyers' legal fees until a sufficient search for all the clients is concluded, as a way to minimize the moral hazard intrinsic to class actions. An interesting read.
State Senator Calls for Tying Class Action Fees to Actual Recovery
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| Isaac Gorodetski Project Manager, Center for Legal Policy at the Manhattan Institute igorodetski@manhattan-institute.org |
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| Bridget Carroll Press Officer, Manhattan Institute bcarroll@manhattan-institute.org |
