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A contingency fee agreement is a form of billing that allows for an attorney to be paid a percentage of the damages awarded at the end of the case instead of an hourly rate. In contingency arrangements, the attorney agrees to take on the case without charging their regular hourly fees.
A contingency fee is a type of payment to your attorney that only occurs when you receive some kind of monetary recovery in your case—your personal injury case settles or you win your case at trial. To put it another way, with a contingency fee, payment for your attorney's services is "contingent upon" your receiving some amount of compensation.
A contingency fee is a type of fee often used by attorneys that’s dependent upon a case’s outcome. The client only has to pay if their lawyer successfully secures compensation for them. Otherwise, they pay nothing, so there’s no financial risk to take legal action.
Contingency fee arrangements typically mean that attorneys receive a percentage of the settlement or judgment awarded to the client. Learn more about what a contingency fee is and everything it entails.
A contingent fee, also known as a contingency fee, is a method of compensation for legal services. A lawyer who works on contingency receives a percentage of their client’s monetary award as compensation rather than billing a fixed hourly rate.
The meaning of CONTINGENCY FEE is a fee for services (as of a lawyer) paid upon successful completion of the services and usually calculated as a percentage of the gain realized for the client —called also contingent fee.
What are contingent fees? A client pays a contingent fees to a lawyer only if the lawyer handles a case successfully. Lawyers and clients use this arrangement only in cases where money is being claimed—most often in cases involving personal injury or workers' compensation.
A contingent fee agreement is a legal agreement that allows you to hire a lawyer for your case without having to pay any out-of-pocket upfront fees unlike a retainer fee. The lawyer getting payment is contingent on you winning your case.
What is a Contingency Fee? A contingency fee is a payment arrangement commonly used in personal injury cases. Instead of paying an attorney’s fees and expenses upfront, the attorney agrees to be compensated only if they win the case on behalf of the client.
What Is a Contingency Fee? A contingency fee agreement is a financial arrangement between a client and a personal injury lawyer, where the attorney’s payment is contingent upon winning the case. Under this setup, clients are not required to pay hourly fees or any upfront costs.