Tag: Contingency fees

Judge in $3 billion Petrobras securities case cuts class lawyers’ fees by $100 million | Reuters

Lieberman said he believes Judge Rakoff acted with good intentions. He also acknowledged the inescapable truth of the judge’s point that he’s awarding a tremendous amount of money to plaintiffs’ firms. (Rakoff’s exact words: “It is important to also remember that we are dealing here, not just with percentages, billable rates, and multipliers, but with very large amounts of money…

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