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5 Ways to Easily Compare Class Action Settlement Administrator Proposals

It can be difficult to truly compare proposals from different class action settlement administrators when each administrator is starting from its own template and possibly working with different settlement assumptions. With courts around the country asking for increased transparency, it’s important for attorneys to know what to look for in estimates, including red flags and hidden fees. 1. Analyze Hourly Rates Hourly rates are often necessary in settlement administrator proposals, but you never want them buried as a footnote regarding…

How to Avoid Returning to Court in the Class Action Settlement Process

Gaining approval for your class action settlement has the potential to be a difficult process. It’s possible the Court may reject sweeping areas of your proposal and send your team back to the drawing board, delaying resolution and driving up costs as parties draft a new plan. But there are a few steps attorneys can take ahead of time to ensure settlement approval. Consider these steps in avoiding a return to court in the class action settlement process: Ensure compliance…

Guide: How Consulting With a Settlement Administrator Early Saves Time and Money

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Consulting with a settlement administrator early in the process may shed light on potential obstacles. Prior to filing for preliminary approval, a settlement administrator can review and help with complicated steps such as the plan of allocation, class definitions and more. An experienced administrator can also help with administration and distribution processes that may seem simple but can cause headaches down the road if not carefully considered in the settlement agreement. Industry veterans and Heffler Senior Directors Dave Kaufman and Jim Prutsman created…

Class Action Corner

Your weekly dose of class action industry news and resources, all for free. Imagine receiving a free newsletter in your inbox that provides true value and knowledge to your career. That’s what we hope to bring you with Class Action Corner, quick reads for class action attorneys that help them do their jobs better. The leadership team at Heffler Claims Group, a division of Duff & Phelps, has spent several years building an arsenal of thought leadership pieces, CLE webinars,…

Are You Doing Enough to Drive Claim Rates?

A high claim filing rate is one indicator that Courts are increasingly looking at when deciding whether or not to approve a class action settlement. Judges often interpret high claim rates as a means of measuring meaningful relief for class members. With that in mind, the Federal Trade Commission (FTC) is paying increased attention after releasing a report last year that found most consumer class actions have average claim rates of 9 percent or less when looking at cases with…

What’s the Most Cost-Effective Approach to Setting Up a Contact Center for your Class Action Settlement?

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Attorneys have various options when it comes to setting up a contact center for a class action settlement, but how do you choose the best option for your case that will satisfy the courts? In class action settlement administration, a contact center offers the options of using interactive voice response (IVR) or trained live agents to provide important information about a class action settlement and help class members navigate the claim filing process as needed.  The decision to use IVR…

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