Contingency fee
The lawyer's fee is a percentage of the money recovered and nothing is due if there is no recovery. The percentage, and whether expenses are deducted before or after it, is set in the written agreement and is limited by local rules in some places.
Frequently asked questions
What is Contingency fee?
The lawyer's fee is a percentage of the money recovered and nothing is due if there is no recovery. The percentage, and whether expenses are deducted before or after it, is set in the written agreement and is limited by local rules in some places.
Where is the term used?
Mainly in United States, Canada, Australia and others.