Fee-For-Service
/ˌfiː fər ˈsɜːrvɪs/
Definitions
- (n.) A payment model where services are unbundled and paid for separately, commonly used in healthcare and legal industries.
Under a fee-for-service arrangement, the lawyer bills the client for each individual task performed.
Forms
- fee-for-service
Related terms
See also
Commentary
Often contrasts with alternative payment models like flat fees or contingency fees; emphasizes transparency but may encourage overutilization of services.
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.