A class action lawsuit is not a very pleasant experience. In fact, it is often referred to as “the old gauntlet of litigation.” However, if you look at it in a different light, you will see that it is actually quite fun to go through. You are going through an ordeal together with your fellow plaintiffs. This type of case is much more emotionally charged and challenging to deal with than a typical personal injury case. While many people may not relish having to defend themselves against a corporate entity, there is certainly no denying that it is worth it when you win.
Class Action Lawsuit Taste of the Wild
A class action lawsuit is one in which many people share a certain monetary loss. Basically, a class action lawsuit is a lawsuit in which many people are grouped together on account of some event or incidents that occurred. In this way, each plaintiff is compensated for their loss and the damages incurred by everyone as a group. One can even receive monetary compensation for damage to one’s car, home or other property. In a class action lawsuit, there is generally an allowance for recovery based upon the severity of the injuries incurred.
Class action lawsuits have been around for a long time.
It wasn’t until the 1980s that the Supreme Court allowed a class action lawsuit to go ahead in Federal Court. Before that, all U.S. laws on personal damages and accidents had been limited to cases filed in state courts only. Thus, it was quite common for injured parties to receive small settlements.
Today, a class action lawsuit has become increasingly popular.
The reason for this is that the court system can usually handle such lawsuits quite well. Furthermore, there is usually less expense involved. Nevertheless, there are certain disadvantages associated with class action lawsuits. Perhaps the most notable is that they can be extremely time consuming and expensive.
There are some instances where a class action lawsuit is not desirable.
For instance, if a huge number of injured parties are willing to participate in the lawsuit – then it might end up being quite expensive and time-consuming. Also, if the plaintiff’s lawyers need to file numerous lawsuits in order to bring about the desired results, then the overall cost of litigation could become prohibitively high. Moreover, there is always the possibility that one or more of the plaintiffs might withdraw from the lawsuit, thereby reducing its value. In addition, class action lawsuits may not provide the necessary level of stability to ensure that the litigation proceeds at a steady and predictable rate.
Nevertheless, class action lawsuits are quite popular.
This is probably because they offer the plaintiff’s attorney’s a way to potentially recoup a large portion of their client’s potential damages. For instance, in a class action lawsuit, the plaintiff is generally allowed to recover not only for the injuries he or she has sustained as a result of the defendant’s conduct, but also for any expenses (including attorney fees) that might have been expended in bringing the suit. Class action lawsuits have also proven very successful in resolving certain long-running legal disputes – for instance, marital disputes, commercial disputes, and so on.
