I think that might be a good solution (to have consumer protection/advocacy groups be the only ones who can bring forward class actions). As it is, many of them are promoted and put together by lawyers who have no actual interest in the case other than the large percentage of the settlement that they end up with.
Because it means that they will pursue cases irrespective of its usefulness to society, which means that many of these cases are actually net damaging to society. That is a problem.
Comments
I think that might be a good solution (to have consumer protection/advocacy groups be the only ones who can bring forward class actions). As it is, many of them are promoted and put together by lawyers who have no actual interest in the case other than the large percentage of the settlement that they end up with.
And why is that a problem? I don't mind lawyers making money when they are doing something useful.
Because it means that they will pursue cases irrespective of its usefulness to society, which means that many of these cases are actually net damaging to society. That is a problem.