Here’s a great formula for becoming a rich plaintiffs’-side class-action lawyer:
- Copy-and-paste some cookie-cutter complaints alleging technical statutory violations.
- Send demand letters to a group of deep-pocketed targets and negotiate coupon settlements with them before even filing the complaints.
- Then seek a six- or seven-figure award of attorneys’ fees for doing no heavy lifting, bearing no risk of non-payment, and providing no meaningful social benefit.
But a district judge in Massachusetts recently changed the equation by cutting a class counsel’s fee request by more than eighty percent in Brenner v. J.C. Penney Co. (pdf).