If you mean a lob wedge, which usually comes in 58-64 degrees you should get whichever one you feel most comfortable with. I would recommend a 60 degree as there is plenty of loft to get the ball in the air and stop quickly. With the introduction of v grooves the faces have become too slippery and 62 and 64 degree wedges have become obsolete.
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It depends completely on your game and the type of course you play. If you play on a links course with hard ground conditions, you will want low bounce i.e 4-6 degrees. You will want this so you can slide under the ball easily, if you had higher bounce on this course, you could find yourself constantly blading shots. If you play a parkland course with moderate firmness, you may want 6-8 degrees, so the clubs does not dig to much. On a course which has soft ground you will want a high amount of bounce, say 8-10, if you didn't have this you would find the club digging easily and you may chunk a lot of shots.
Your game also plays a huge part in bounce selection. If you like to play flop shots you will need low bounce so you can flip the ball up easily and quickly. If you like to play low trajectory pitch shots, a higher bounce would suit. There are gains and losses with your decision, if you choose a low bounce because you like playing flop shots from the fairway, you will find it harder when hitting out of a fluffy lie, because you can go right under it. Flop shots are not impossible, but harder to do with a high bounce club as again, you can blade it easily.
Something that has become more popular in recent years is the c-grind. This is where there is a lot of bounce taken off the toe edge and heel edge, whilst leaving nearly all the bounce in the middle. This is quite a handy grind, as you can play square faced pitch shots, but also open the blade up for flop shots. Something else that you can do, is have a high bounce 56 degree and a low bounce 60 degrees, this gives you more options.
There are 60 degrees of loft on a loft wedge, while other common wedges include 56 and 52 degrees