This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Settlement Allocator in Indiana

Indiana Trial Rule 23 governs the settlement allocation process in class actions, requiring court approval of any proposed settlement. Under this rule, attorney fees awarded from a common fund are subject to a presumptive ceiling of 8% of the settlement amount, though the court may adjust this figure based on the factors set out in the rule. The official text of Rule 23, available at the Indiana courts website, provides the full criteria and any exceptions to this percentage. The worked example below demonstrates how the 8% cap applies in a straightforward calculation. For an estimate tailored to your specific settlement figures, use the DocketMath calculator.

Governing authority

In Indiana, the settlement allocator rule is set by Ind. Trial R. 23. The verified packet cites Ind. Trial R. 23 (https://www.in.gov/courts/rules/trial_proc/index.html#_Toc108079199).

Indiana settlement allocator: the verified value is 8% under Ind. Trial R. 23. The verified packet cites Ind. Trial R. 23 (https://www.in.gov/courts/rules/trial_proc/index.html#_Toc108079199).

Estimate your own result: every situation has exceptions that can change the outcome. Use the settlement allocator calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.