Class action settlement award, and they cost an empirical study, Brian Fitzpatrick ( Vanderbilt ) from every federal class action in 2006 and 2007 off. Announced the findings of the data include :
* 688 The class action settlement in state court judge in a two -year period with approximately $ 33 billion approved.
* This is $ 33 billion, about 15 % of the class action lawyers, or a total of about $ 5 billion, is.
* The judges chose to award costs is very limited and in accordance with the method of using the Close method of the average wage and the median and range of approximately 25 %. Is inversely proportional to the size of the settlement costs and strong. Completion of the age, the demand for services related to the percentage of positive charge.
* Some variations in which the District Court litigation and settlement of securities cases, and the second and ninth circuits in the circuit, depending on geographic wage is lower than the percentage of a percentage.
* Percentage is no evidence for a class action settlement or award is certified as a class are associated with political affiliation of judges.
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