MRC Poll: Australians support capping the cut litigation funders, lawyers receive from class action payouts
MRC Executive Director, David Hughes, joins 4BC to explain why Australia’s class action system funnels mega-profits to lawyers and litigation funders at the expense of victims.
Far too often, claimants are forced to wait years for class actions to settle or be resolved in court, only to watch lawyers and funders walk away with half the payout.
It's no surprise that nearly three-quarters of Australians support capping the cut litigation funders and lawyers can take from a class action lawsuit payout, according to a survey commissioned by the Menzies Research Centre.
