The landscape for class action lawsuits has significantly shifted due to legislation like the Class Action Fairness Act and key Supreme Court rulings. These changes have increased the financial and procedural burdens on plaintiffs’ firms, making collaboration and strategic partnerships essential for survival. Many smaller firms now team up with larger, more established ones to handle the escalating costs and complexities, particularly in multidistrict litigation (MDLs) involving areas like auto defects. Prominent attorneys such as Peter Prieto and Roland Tellis exemplify this trend, having successfully collaborated on the Takata airbag MDL by combining resources and expertise. This cooperative approach has become a defining feature of the modern class action environment, concentrating leadership among a circle of experienced firms.
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Originally published by Sindhu Sundar | May 2, 2017 | Law360