While your suggestions would certainly help align the incentives of the class action lawyers with those of the plaintiffs, they largely don't apply in this case. The Lucasfilm and Pixar settlements (which the latest settlement is considered likely to structured in a similar way to) was in cash and saw 45% of the settlement go to lawyers and legal fees, so your conditions above are met. However, many people are finding it strange that the legal team would have settled this case instead of fighting it out, given how much evidence was available. A
New York Times article details the dollar amounts:
Four of the largest technology companies tentatively settled on Thursday a class action brought by 64,000 of their engineers, who accused them of agreeing not to solicit one another’s employees. The amount of the settlement was not released, but people with knowledge of the deal said it was in the neighborhood of $300 million.
[...]
As a result of all these machinations, the suit claimed, the mobility and income of the engineers suffered. A guilty verdict in a trial might have meant the defendants would have had to pay triple damages of as much as $9 billion.
The settlement resulted in an average payout (after fees) of ~$2300 per engineer, while fighting out the case and winning would have netted closer to $77k per engineer after fees. The engineers would have had to have just a 3% chance of winning the suit for it to be worthwhile to proceed with the case, and their odds of winning would almost certainly have been substantially higher. However, for the law firm, fighting out the case would have consumed many more billable hours than settling, so their payout (per billable hour) would not have been nearly as high if they won, and they faced a huge loss in terms of unpaid hours spent if the case was litigated and lost. That the lawyers decided to settle rather than continue to pursue the suit is a rational decision for them, but much less so for the plaintiffs they represented.