Contingency fee
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Contingent fee
A contingent fee in the
United States
or conditional fee in the
United Kingdom
is any
fee
for services provided where the fee is only payable if there is a favourable result. In the
law
, this is the "
no win no fee
" system.
See more at Wikipedia.org...
This article uses material from
Wikipedia
®
and is licensed under the
GNU Free Documentation License
WordNet 2.0 Dictionary
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contingency fee
Noun
1. a fee that is payable only if the outcome is successful (as for an attorney's services)
(hypernym) fee
Duhaime.org Legal Dictionary
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Contingency fee
A method of payment of legal fees represented by a percentage of an award. - (
read more on Contingency fee
)
2008
Duhaime.org
. All rights reserved.
The Lectric Law Library Dictionary
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Contingency Fee
Also called a contingent fee. A fee arrangement in which the lawyer is paid out of any damages that are awarded. Typically, the lawyer gets between one-fourth and one-third. If no damages are awarded, there is no fee.
Courtesy of the
'Lectric Law Library
.
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