contingency fee

noun

: 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 Hypothesizing a 40% contingency fee giving $44,000 to Stanley, Herdecker said $66,000 of Client 1’s money should’ve been in the account as of June 1. David J. Neal, Miami Herald, 13 May 2024 Using the same contingency fee calculation, Herdecker theorized that $28,000 was Stanley’s and $44,000 was Client 2’s. David J. Neal, Miami Herald, 13 May 2024 The rise of contingency fee cases kicked off a new wave of lobbying across the nation. Shalina Chatlani, New York Times, 21 Mar. 2024 Instead of paying off Teresa McAdams’ Medicare lien and placing the rest of the settlement funds in a trust account to finance the couple’s litigation against Allstate Corp., Adams wrote checks to himself and his law firm amounting to more than he was owed for his contingency fee. Quinlan Bentley, The Enquirer, 20 Feb. 2024 While the attorney general has occupied the field as plaintiff, private attorneys contracted by the office will be leading the pension lawsuit going forward on a contingency fee basis, with the potential to be paid with a considerable portion of funds recovered by the state. Joe Sonka, The Courier-Journal, 15 June 2021 They are often paid on a contingency fee basis. Jon D'amato, Forbes, 11 June 2021 Those conclusions came in a 2014 ruling by U.S. District Judge Lewis Kaplan that also ordered Mr. Donziger to relinquish his 6.3% contingency fee interest in the case to Chevron and forbade him from profiting from the Ecuador judgment or trying to enforce it in the U.S. Rebecca Davis O’Brien, WSJ, 10 May 2021 The contingency fee structure is the only way many people can afford access to legal representation for accident. Nathaniel Meyersohn, CNN, 25 Dec. 2022

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'contingency fee.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1905, in the meaning defined above

Time Traveler
The first known use of contingency fee was in 1905

Dictionary Entries Near contingency fee

Cite this Entry

“Contingency fee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/contingency%20fee. Accessed 24 Jun. 2024.

Legal Definition

contingency fee

see fee sense 2

Last Updated: - Updated example sentences
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