contingency fee
Win-based lawyer payment
A contingency fee is payment to a lawyer only if the case succeeds, typically as a percentage of the settlement or judgment.
The arrangement allows clients to pursue legal action without upfront costs: She couldn't afford a lawyer, but found one willing to work on contingency.
If the case loses, the attorney receives nothing.
- legal costsExpenses for representation
- attorney feesPayment for legal services
- lawyerLicensed legal representative
- trial lawyerAttorney arguing before juries
- risk-sharingDistributing potential losses collectively
no win no fee · settlement · personal injury · slip and fall · ambulance chaser · tort · class action · litigation · financial risk · out of pocket · one-third · damages · medical bills · commission · incentive · legal fees · contract · free consultation
- feesfee, fees, service fee, service charge, flat fee
- litigationpleadings, lawsuit, plaintiff, complaint, lawsuits
- US Lawattorney, lawyer, lawsuit, jury, federal court
- injury claimspersonal injury, injury claim, injury settlement, insurance claim, bodily harm
- personal injurypersonal injury, tort, injury claim, bodily harm, harm
- legal paylegal fees, hourly rate, retainer, billable hours, flat fee
payment structure
contingency feehourly billing
Payment calculated per hour
hourly rate · flat fee · fixed fee · billable hours · retainer