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The Fifth Circuit for a long time has seemed to insist on paying class counsel on a pure lodestar basis — hours x hourly rates. It looked to have stuck itself to the old-style lodestar method under Johnson v. Ga. Highway Express, Inc., 488 F.2d 714 (5th Cir. 1974).

That contrasts with other circuits'

Attorney Lionel Hutz graduated from Princeton School of Law.  He seldom won and cobbled shoes to pay the bills. 

The Third Circuit today affirmed orders that awarded about $567 million in "common fund" fees.  The money goes to law firms that helped win $6.44 billion in settlement funds.  The claims asserted that Wyeth's weight loss drugs, fen-phen (fenfluramine