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Around the web, June 4 »
June 3, 2008
State Senator Calls for Tying Class Action Fees to Actual Recovery
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.
Posted by Michael Krauss at 3:24 PM
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categories:
Attorneys' Fees and Ethics Class Actions
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