Lawyers Seeking Fees Can Be Less Shamelessly Self-Interested (1)

Sept. 19, 2024, 9:00 AM UTCUpdated: Sept. 19, 2024, 7:00 PM UTC

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at something class-action lawyers don’t do: hire their own lawyers to argue fee petitions. Sign up to receive this column in your Inbox on Thursday mornings.

Lawyers’ process for getting paid in class-actions is well known. They file a fee petition, telling a judge how long they worked on a case and describing the results they achieved. Then they argue for how much money they deserve. The same process plays out in other types of cases, including frequently in Delaware Chancery Court.

The result ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.