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contingent fee

a fee paid to a lawyer conducting a suit, especially a suit for damages, in the event that the suit is successful and generally based on a percentage of the sum recovered.
Also called contingency fee. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for contingent fee
  • Local governments also use contingent fee based services.
  • The contractors earn a commission, or contingent fee, for any payments then made on those loans.
  • Their fees were based on an hourly rate in addition to a contingent fee.
  • The case was undertaken on a contingent fee basis and a contingent fee agreement was signed but not retained by the respondent.
  • He complains only of the controlling significance given to contingent fee contracts in fixing the fees.

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