LODESTAR
lodestar. 1. A guiding star; an inspiration or model. 2. A reasonable amount of attorney’s fees in a given case, usu. calculated by multiplying a reasonable number of hours worked by the prevailing hourly rate in the community for similar work, and often considering such additional factors as the degree of skill and difficulty involved in the case, the degree of its urgency, its novelty, and the like. • Most statutes that authorize an award of attorney’s fees use the lodestar method for computing the award. [Cases: Costs 194.18; Federal Civil Procedure 2737.4. C.J.S. Costs § 132.]
[Blacks Law 8th]