Search results
Results from the WOW.Com Content Network
In the law, a contingent fee is defined as a fee charged for a lawyer's services that is payable only if a lawsuit is successful or results in a favorable settlement, usually in the form of a percentage of the amount recovered on behalf of the client. [1]
Champerty (from Old French champart) is the financial support, by a party not naturally concerned in the suit, of a plaintiff that allows them to prosecute a lawsuit on condition that, if it be brought to a successful issue, the plaintiff will repay them with a share of the proceed from the suit. [3]
The judge ruled that under New York Codes, Rules and Regulations, lawyers' compensation could either be based upon a sliding scale of permissible recovery, or on an agreed-upon contingent fee. Belzer had agreed a retainer agreement for the 1 ⁄ 3 contingent fee prior to the case. The lawyers argued that, as they had spent over 50 hours ...
A teacher whose discrimination lawsuit against Tacoma Public Schools was settled for ... according to the lawsuit filed Monday in Pierce County Superior Court and a contingency-fee agreement ...
For premium support please call: 800-290-4726 more ways to reach us
A contingent fee, or contingency fee, is an attorney fee that is made contingent on the outcome of a case. A typical contingent fee in a tort case is normally one third to forty percent of the recovery, but the attorney does not recover a fee unless money is recovered for the client. States prohibit contingent fees in certain types of cases.
However, it argues the fee is actually "a concoction designed to increase T-Mobile’s revenue and pad its bottom line." Class action lawsuit: ParkMobile $32.8 million settlement: How to join ...
Under a contingent fee arrangement, the attorney for the plaintiff faces no consequences, other than lost time and effort, for bringing a suit that loses, but he can collect huge fees (typically 30% to 40% of the damages awarded) if he wins.