Common Fund Doctrine

The Common Fund Doctrine is a legal principle that allows a group of people who contribute to the creation of a shared benefit, such as a legal claim or fund, to receive compensation for their efforts. When individuals or entities spend time and resources to achieve a common goal, they can require others who benefit from this work to share in the costs. This doctrine ensures fairness, as it prevents individuals from profiting off the efforts of others without contributing to the expenses incurred in building that common benefit.