In a T-Mobile class action lawsuit regarding a data breach, lawyers emerged $78 million richer while customers only got $25. In my experience this is the norm.
This is exactly the kind of case that causes the public to scoff at class actions. My client gets 25 bucks and these attorneys are walking away with $7,000 to $10,000 per hour." - Attorney Robert Clore
The lawyers, of course, claim they they worked a massive number of hours on the case so their costs are justified. But anyone who has worked closely with lawyers knows just how often billable hours are padded, often egregiously so. The reality is that there is little incentive for lawyers not to pad their bills because there is almost no negative consequences in doing so. The risk for the lawyer is near zero while the reward is very high.
In my case I tried to get details on what exactly my lawyers were billing me for because it didn't seem like they were doing much but they simple refused to provide anything but the most vague explanations.
I have also worked with patent troll lawyers who didn't even attempt to justify the hours they billed.
It is easy money if you are willing to commit the crime. And always keep in mind, it is a crime.
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