10th Circ. Declines to Pronounce Bright-Line Benchmark for Attorney Fees in Class Actions
“To date, we have not adopted a benchmark percentage for attorneys’ fees from common fund settlements,” stated Judge Joel M. Carson, III, in his written opinion for the court. “And we decline to pronounce a bright-line benchmark today. Instead, we reiterate our prior recognition that awards across a range of percentages may be reasonable.”