Honestly, not all LM parties are bad. It's better than joining groups and watching people loot and scoot.

I don't join parties unless I know I have the time to sit and farm, but a lot of the time people get theirs and then leave, then I have to go against 7 people again.

When you get to a point of having run it 60 times and then watch someone run it their 2nd or 3rd time and take the drop and run, a LM doesn't look that bad anymore.

I've even had LM party masters that put themselves last on the list of people to get the drop, it's not always selfishness, sometimes it's lets work together to do something for everyone.