Credit: Olivier Le Moal/Adobe Stock 10th Circ. Declines to Pronounce Bright-Line Benchmark for Attorney Fees in Class Actions
"To date, we have not adopted a benchmark percentage for attorneys' fees from common fund settlements," stated Judge Joel M. Carson, III, in his written opinion for the court. "And we decline to pronounce a bright-line benchmark today. Instead, we reiterate our prior recognition that awards across a range of percentages may be reasonable."
March 01, 2023 at 03:30 PM
5 minute read
Class Actions
The Tenth Circuit stated that, to date, the court has not adopted a benchmark percentage for attorneys' fees and declines to do so—instead, the court said that awards in a range of percentages may be reasonable.
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