How are attorneys’ fees paid in a class action settlement?

In a class action settlement in California, the attorneys’ fees are paid from the settlement funds. This means the fees come from the money that is being divided up among the members of the class. It’s important to note that the attorneys’ fees paid from the settlement funds are in addition to any costs or expenses incurred by the attorneys in pursuing the class action lawsuit. In order for the attorneys’ fees to be paid out of the settlement proceeds, the court must first approve the proposed settlement. This requires the filing of a motion with the court in which the attorneys request the court’s approval of the settlement and the payment of attorneys’ fees. The motion must provide details about the settlement, the terms of the settlement, and the amount of attorneys’ fees to be paid. Once the motion is filed, the court will then review it and make a determination as to whether the settlement is fair and reasonable and whether the requested attorneys’ fees are reasonable. If the court approves the settlement and agrees to pay the attorneys’ fees out of the settlement proceeds, they will be divided up among the class members according to the terms of the settlement. The attorneys’ fees must be paid from the settlement proceeds before any of the remaining settlement funds are distributed.

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How are attorneys’ fees paid in a class action settlement?

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