z-logo
open-access-imgOpen Access
The Effect of Judicial Expedience on Attorney Fees in Class Actions
Author(s) -
Eric Helland,
Jonathan Klick
Publication year - 2007
Publication title -
the journal of legal studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.251
H-Index - 61
eISSN - 1537-5366
pISSN - 0047-2530
DOI - 10.1086/508266
Subject(s) - class action , incentive , workload , welfare , business , law , american rule , class (philosophy) , economics , political science , microeconomics , artificial intelligence , computer science , state (computer science) , management , algorithm
Judges facing exogenous constraints on their pecuniary income have an incentive to reduce their workload to increase their private welfare. In the face of an increase in caseload, this incentive will induce judges to attempt to terminate some cases more rapidly. In class action cases, failing to grant an attorney fee request will delay termination. This conflict is likely to lead judges to authorize higher fees as court congestion increases. Using two data sets of class action settlements, we show that attorney fees are significantly and positively related to the congestion level of the court hearing the case.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.
Having issues? You can contact us here
Accelerating Research

Address

John Eccles House
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom