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contingency fee
(redirected from Contingency Fees)

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
contingency fee
Law & medicine An attorney fee based on a percentage of the money recovered in a lawsuit


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Paying restitution for undisclosed contingency fees hit many firms hard last year.
In addition to the money paid to claimants, they also include the contingency fees and transaction costs for all misinformed plaintiff verdicts and all the legal costs for defendants, who are responsible in bona fide lawsuits, whether or not they succeed in court.
Rent Recovery Service offers programs for recouping delinquent rent, including a unique flat-fee system that significantly lowers the cost of pursuing delinquent tenants by eliminating contingency fees.
 
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