In line with their initial proposal, lawyers for the author plaintiffs in the Anthropic copyright suit have formally requested that the court grant them $300 million in legal fees–20 percent of the $1.5 billion settlement. Class counsel argues in a filing that this amount is “reasonable,” since generally the benchmark for legal fees is 25 percent, then adjusted up or down by the court based in part on “the extent to which class counsel achieved exceptional results for the class.” The attorneys note that “the Settlement achieved here is not just exceptional—it is historic.” A significant question is whether Judge Alsup […]