Contingency Fee in plain English
A fee arrangement in which attorney compensation is tied to a recovery, subject to the written agreement and applicable law.
Where this term may appear
Written fee agreements describing how attorney compensation is calculated from a recovery.
What to verify
Read the written representation agreement and applicable professional rules to understand how contingency fee works in the actual lawyer-client relationship.
Why context matters
The practical meaning of Contingency Fee depends on the written agreement and applicable professional rules.
Use official and primary sources for current medical, licensing, court, and state-law information.