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THe following are two links which provide information about lawsuits. The first is an article about the most prolific of the strike suit firms, Miller Lerach et al. Not only does the article state that in suits, between 1/4 and 1/3 of the settlement (capped, I believe, by law at 1/3) go to the law firm, they give specific examples of lawsuit settlements and law firm fees.

The second site is from Stanford University, and is a good site for getting information about securities law.

It is also intersting that last Spring the Lerach law firm was found guilty by a jury of abuse of process. Before the jury could determine damages, Lerach settled out of court for $50 million, to be wired overnight to the plaintiff. One of the plaintiffs in the case is now the Dean of the law school at the University of Chicago,
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