Jacob Sullum at ReasonOnline has authored Class Conflict: When Clients Serve Lawyers, bemoaning the fact that class action lawsuits are often geared toward recovering millions in attorneys' fees for the plaintiffs' attorneys, while the class members -- the ones who got shafted the first time but not the last -- get next to nothing.
My proposed solution is simple: cap the fees for class counsel at 10,000 times the average recovery enjoyed by a class member. If the average recovery is $7, then the total fees are $70,000. If the average class member gets a certificate for a free car wash, by all means let the lawyers have 10,000 of them. Maybe they can sell them for what they're worth.
3:00:06 PM 
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