What are the benefits of filing a class action lawsuit versus an individual lawsuit?

The main benefits for a class action lawsuit relate to time and cost. Time is saved when multiple people file instead of each case being a separate action. It is also more cost effective if each individual claim has limited value. For example, if one claim is worth $5.00 it probably is cost ineffective to file a lawsuit. If you have ten thousand claims worth $5,00 it makes more sense to pursue. Lawyers work on contingency and won’t spend time throwing good money at bad money.

What are the benefits of filing a class action lawsuit versus an individual lawsuit? image

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