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If they think the indemnification still makes it worth their while, then it probably is OK for you, too. If they don't then they are playing you.
Sounds pretty good. Did you look into the case law, or get the opinion of an impartial attorney who knows this area?
Apparently its an anti-trust matter and involves collusion as far as major firms agreeing not to poach each others specialty engineers.
Apparently there are former high level executives from these firms or contractors who have reached out to this law firm to verify this has been true for the last 50 years, and the law firm now is seeking specialty engineers who were victim of this.
I'm reading about this role as "class representative" and the written agreement with the law firm. The agreement states:
"If the case is not successful or the Court does not award (or their co-counsel) any attorneys’ fees or reimbursement of costs, will not seek from you any attorneys’ fees or reimbursement of our advanced costs. "
BOTTOMLINE: What happens if the defendant wins (major contractors) and they decide to sue me for their legal fees ? Is that possible since I am a "class representative" and no different than a plaintiff suing them ?