What does a class action cost?

Posted on: July 12th, 2010 by Steve Larson
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There is usually no upfront monetary obligation for the plaintiff.  The attorneys for the plaintiff are called class counsel.  The plaintiff in a class action does not pay class counsel any attorney fees out of his or her own pocket.  Class counsel take the case on a contingency fee, and they only get paid their fees if they win or settle the case.  At the end of the case, the court determines if any attorney fees will be awarded from the recovery, and the amount, if any.