Securities Litigation - Plaintiffs Side

[dukedogalley]

Looking for some info re plaintiffs side securities litigation - what the work is like, hours, current state of the practice, etc.  In particular, I am looking for some information about medium size firms (60-100 attys) that specialize in representing institutional/municipal investors in class actions against corporations for securities fraud. Thanks.

[themanwithnoname]

PSLRA hit the practice hard. I don't know about the mid-sized firms but the big ones have hours like normal biglaw firms.

[dukedogalley]

Aren't plaintiff side hours not as brutal as Biglaw defense because clients are not usually billed by the hour?

[themanwithnoname]

actually in a lot of cases class fees are awarded by the hour.

[dukedogalley]

interesting, any idea re salary/bonus structure....i saw that most of the big plaintiff firms do not have the typical lock step but haven't been able to find much else.  thx.