Litigation Funders and Lawyers Face 30% Fee Cap in Australian Class Actions
A body that promotes class actions in Australia called the incoming new law "sabotage".
September 30, 2021 at 05:52 AM
4 minute read
Fees for class action lawyers and litigation funders could be limited to a total of 30% of any payout under proposed new Australian laws introduced on Thursday.
The laws, which have yet to be passed by Parliament, are designed to give courts more power to oversee the distribution of class action proceeds between the litigation funder and plaintiffs, the government said in a statement.
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