Hagens Berman and Winston & Strawn led the way to a landmark $2.75 billion settlement Thursday against the NCAA on behalf of student-athletes’ antitrust change to the limitation on compensation for the name, image, and likeness of college athletes.

The $2.75 billion settlement was announced in a joint statement late Thursday by the National Collegiate Athletics Association (NCAA), five of its conferences—Big Ten, Southeastern Conference (SEC), Pac-12, Big 12, and Atlantic Coast Conference (ACC)—and plaintiffs firms Hagens Berman and Winston & Strawn. The three lawsuits resolved by the settlement, House v. NCAA, Hubbard v. NCAA, and Carter v. NCAA, were filed in the U.S. District Court for the Northern District of California.