Fee Cap
/ˈfiː kæp/
Definitions
- (n.) A contractual limitation that sets the maximum amount payable for legal fees or expenses.
The fee cap in the agreement prevented the client from incurring excessive legal costs.
Forms
- fee caps
Related terms
Commentary
Fee caps are common in legal fee agreements to provide clients with cost predictability and prevent disputes over excessive charges.
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.