Contingency Fee
/kənˈtɪndʒənsi fiː/
Definitions
- (n.) A fee paid to a lawyer only if the client wins the case, typically a percentage of the recovered amount.
The attorney agreed to represent her on a contingency fee basis.
Forms
- contingency fees
Related terms
Commentary
Contingency fees align the lawyer's compensation with case success, often used in personal injury and civil litigation; drafters should specify the percentage and scope clearly in the fee agreement.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.