Google has agreed to settle a gender discrimination suit brought by employees. Congratulations to the plaintiffs, suing your employer is a difficult and stressful thing. But while the $118M headline looks big it works out to only $7600 per employee, less after the lawyers' generous cut. The harm was "the company paid female employees approximately $16,794 less per year". It's hardly restoring equity.
I faced a similar tiny settlement amount in the 2010 antitrust suit when it was found that Google, Adobe, Apple, Intel, Intuit, Pixar, Lucasfilm, and eBay were all colluding to not hire each others' employees to illegally suppress wages. The first settlement "my lawyers" agreed to was so low that the judge threw out the agreement saying they should do better. The final amount was still just a few thousand dollars for each employee.
I was mad enough I wrote a tart letter to the court when I opted out of the settlement.
I am unimpressed with my nominated attorneys. The fact that Judge Koh ruled the original settlement was “below the range of reasonableness” suggests my attorneys are poor negotiators and have not represented the plaintiffs effectively. ... I’m irritated that they cannot even do class members the courtesy of answering email.
As an unnamed class member I had nothing really to do with the suit, so this letter was my only personal involvement. At least when Gilardi & Co saw this letter to the judge they finally answered my email.
Class action lawsuits are the American way of resolving harm to groups of ordinary people. I understand why the lawyers are well paid for them. But they're seldom a good tool for monetary equity. There is value in getting the company to admit to its bad behavior and make changes.