What percent do you think big law firms collect on large class action lawsuits? On average, assuming it is all on a contingency basis.

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Large law firms do defense...so it's not on contingency and they are going to do everything to stop the case as early as possible.

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Well the firm I'm talking about (they're in the top 75 of the AmLaw 100 firms) is specifically representing the plaintiff class in a large class action lawsuit.

Which is why I asked.

The maximum allowed by law in that jurisdiction.

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33-50% depending on the plaintiffs firm

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My firm does not allow contingency cases by default. You can get special approval, but it’s rarely granted.

My firm does not generally allow for contingency.

For employment class actions typically 1/3

Almost no biglaw firms do contingency work. Though I’ve heard of firms like Quinn doing some plaintiff securities class actions. In those cases, “reasonable attorneys fees” are awarded by the judge. Depending on the amount, could be 5-10% or up to 33%.

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