Christina F. asked

⚖️  Law

I am a plaintiff in a case involving overdraft fees, which was initially set to be a class action lawsuit. After four months, the defendant offered a settlement deal where I would receive $5,000 out of a total settlement offer of $75,000. I was informed that three law firms worked on the case, with billing rates of $800 per hour, resulting in about $17k in billing per month. Does this seem excessive, and am I responsible for these fees?

December 3rd, 2024

James H. answered

The situation seems unusual, especially if you are being asked to cover the fees of three law firms....

December 3rd, 2024

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