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contingency fee
(redirected from Contingent fee)

   Also found in: Legal, Wikipedia 0.02 sec.
contingency fee
Law & medicine An attorney fee based on a percentage of the money recovered in a lawsuit


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The rule says an accounting firm is not independent if, during the audit and professional engagement period, the firm or any affiliate of the firm provides any product or service to the audit client for a commission or contingent fee, or receives a commission or contingent fee from the audit client either directly or indirectly: Contingent fees often are associated with tax services.
The company also pledged to return $27 million to certain Illinois clients to resolve the state's probe into improper contingent fee arrangements.
Enter into contingent fee arrangements with those clients;
 
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