Judge Cuts Fees for Plaintiffs' Lawyers in LivingSocial Settlement

Citing inefficient staffing and high hourly rates, a federal judge has slashed attorney fees in half for plaintiffs lawyers in multidistrict litigation against daily deal company LivingSocial. Approving a settlement between consumers and LivingSocial over expired deals, the judge awarded $1.35 million in fees to the 12 law firms that represented the plaintiffs, instead of the requested $3 million.

Source: http://www.law.com/jsp/law/sign_me_in.jsp?article=http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202593453112&rss=newswire

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