contingency fee

noun

Definition of contingency fee

: a fee for services (as of a lawyer) paid upon successful completion of the services and usually calculated as a percentage of the gain realized for the client

called also contingent fee

Examples of contingency fee in a Sentence

Recent Examples on the Web

The money would also help pay off his contingency fee, which an LSU lawyer pegged at more than $1 million. Andrea Gallo, ProPublica, "Why the “Most Egregious” Ethics Case in Louisiana Remains Open Nine Years Later," 16 May 2019 Some lawyers say the 2010 law has had a chilling effect, steering law firms to clients that don’t have limits on contingency fees. Lawrence Mower, miamiherald, "Pam Bondi’s opioid lawsuit? Some of Florida’s top lawyers won’t touch it | Miami Herald," 14 May 2018 AkinMears signed up tens of thousands of clients, charging each a 40 percent contingency fee — meaning it was only collected if the clients won verdicts or settlements. L.m. Sixel, San Antonio Express-News, "Private equity funds deploy new investment strategy: financing lawsuits," 29 May 2018 McNair appealing would bring on additional attorneys fees, whether they are paid by McNair or absorbed by the attorneys as part of a contingency fee arrangement. Michael Mccann, SI.com, "Ex-USC Coach Todd McNair Losing Trial to NCAA Shows Why Defamation Lawsuits Are Tricky to Win," 21 May 2018 The city budgeted a contingency fee on top of that amount of about $86,000, money that has already been spent. Jeff Piorkowski/special To Cleveland.com, cleveland.com, "Beachwood City Council faced with fire station invoice bills," 1 May 2018 Ruling in favor of the law firm Dolt, Thompson, Shepherd and Conway, and current Attorney General Andy Beshear, Wingate found that the contingency fees were paid to the law firm under a valid contract with the state. Deborah Yetter, The Courier-Journal, "Judge tosses out Bevin administration's lawsuit over the state's OxyContin settlement," 26 Feb. 2018 The bill would set strict limits on contingency fees paid to outside lawyers. Bruce Schreiner, The Courier-Journal, "Beshear: Limiting outside attorneys fees would cripple ability to take down drug companies," 16 Feb. 2018 After 13 lean years of betting on future contingency fees, Milberg collected a $4.5 million bonanza in 1978 for settling a fraud case involving housing funding by the bankrupt United States Financial Corporation. Sam Roberts, New York Times, "Melvyn Weiss, Lawyer Who Fought Corporate Fraud, Dies at 82," 5 Feb. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'contingency fee.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of contingency fee

1905, in the meaning defined above

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Last Updated

5 Jul 2019

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The first known use of contingency fee was in 1905

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More Definitions for contingency fee

contingency fee

noun

English Language Learners Definition of contingency fee

US : a payment that you make to a lawyer only if the lawyer wins your case in court

contingency fee

Legal Definition of contingency fee

see fee sense 2

More from Merriam-Webster on contingency fee

Rhyming Dictionary: Words that rhyme with contingency fee

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