Bare Referral Fee Scrutinized in Class Action Law Suits
Legal Expert Connections
DECEMBER 1, 2018
After one U.S. District Judge forced a law firm to reveal its referral fee arrangement in a recent prominent case, many legal experts are suggesting the industry may be at a tipping point where class action firms could be required to more fully disclose the distribution of their fees. In the market for lead plaintiffs in class action law suits, firms pay politically connected attorneys multi-million-dollar fees to provide firms with nothing more than an introduction to potential clients includin
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