Definition of contingency fee in English:

contingency fee

noun

  • (in the US) a sum of money that a lawyer receives as a fee only if the case is won.

    • ‘The contingency fee plaintiff pays nothing but expenses to his or her lawyer until the award is received.’
    • ‘Plaintiffs' lawyers, too, prefer speed, because they're working for contingency fees: The less time they spend, the better their per-hour rate.’
    • ‘As, I believe, is the contingency fee, which certainly allows a lot of lawsuits that wouldn't otherwise be brought.’
    • ‘Plaintiffs lawyers work for a contingency fee of about 33% of the money they recover.’
    • ‘Only a sizable settlement may persuade tort lawyers to take on these cases based on a contingency fee arrangement.’
    • ‘When a lawyer accepts a contingency fee case, she accepts the risk that if her client loses, she will never be paid.’
    • ‘It also puts the trial lawyer who would represent her for a contingency fee in a worse position, as well.’
    • ‘This will of course avoid the difficulties I had previously raised with you concerning contingency fee litigation and will enable the case to be pushed ahead.’
    • ‘The lawyers who engineer these suits, however, take their one-third contingency fees in cold cash.’
    • ‘Like King, they have been hit by lawsuits filed in the names of bankrupt companies by lawyers working for contingency fees, typically 33% of what they recover.’
    • ‘Why would a pure donor be in any more vulnerable position than a solicitor or counsel acting on a contingency fee?’
    • ‘They have had nothing to do with the kind of allegations been made recently, such as the payment of contingency fees.’
    • ‘Lawyers on contingency fees have turned all kinds of litigation into a nightmare for small businesses.’
    • ‘To give evidence on a contingency fee basis gives an expert, who would otherwise be independent, a significant financial interest in the outcome of the case.’
    • ‘A lawyer took their case on a contingency fee basis, but they still had to pay all out-of-pocket expenses - for depositions, travel and the like - themselves, as is customary.’
    • ‘Given the current contingency fee system, the lawyers got around $3 billion of the take.’
    • ‘In short, class action suits became tremendously more profitable, especially for lawyers whose contingency fees sometimes exceeded the money paid out to successful plaintiffs.’
    • ‘It's like a lawyer's contingency fee: injured parties who couldn't otherwise afford legal access can try to recover damages because lawyers are willing to forgo their fees unless they win.’
    • ‘Sure, he got his contingency fee, but the families wouldn't have gotten a dime without his help, and in many cases, they would need millions to care for their chronically ill children.’
    • ‘One of the ‘reforms’ he was lobbying for was to eliminate contingency fees.’

Pronunciation:

contingency fee

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