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 Staff and the Commercial Revitalization Committee received six proposals, interviewed four, and Feb. 22 approved Sam Schwartz, a national firm with an office in downtown Chicago for a contract calling for $70,710, with a 10 % contingency fee. Hank Beckman, chicagotribune.com, 10 Mar. 2022 And giving additional tax breaks to already deep-pocketed contingency fee lawyers smacks of naked cronyism. Regina Thomson, Fortune, 1 Dec. 2021 Attorneys for the firm Loevy and Loevy are due to receive $85,000, which, according to the judge's order, represents a voluntary reduction from their 40% contingency fee. Joseph Flaherty, Arkansas Online, 20 Oct. 2021 Personal injury lawyers representing victims work on a contingency fee basis. Timothy D. Lytton, Quartz, 10 Dec. 2020 Personal injury lawyers representing victims work on a contingency fee basis. Timothy D. Lytton, Quartz, 10 Dec. 2020 Personal injury lawyers representing victims work on a contingency fee basis. Timothy D. Lytton, Quartz, 10 Dec. 2020 Personal injury lawyers representing victims work on a contingency fee basis. Timothy D. Lytton, Quartz, 10 Dec. 2020 Personal injury lawyers representing victims work on a contingency fee basis. Timothy D. Lytton, Quartz, 10 Dec. 2020 See More

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.

First Known Use of contingency fee

1905, in the meaning defined above

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Time Traveler for contingency fee

Time Traveler

The first known use of contingency fee was in 1905

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Dictionary Entries Near contingency fee

contingency coefficient

contingency fee

contingency fund

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Statistics for contingency fee

Cite this Entry

“Contingency fee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/contingency%20fee. Accessed 12 Aug. 2022.

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More Definitions for contingency fee

contingency fee

Legal Definition of contingency fee

— see fee sense 2

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