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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
Personal injury firms throughout the country charge a standard contingency fee of 33.3% of settlement, and 40-44% of any amount collected after a suit is filed.
—Kyle J. Russell, USA TODAY, 12 June 2024
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
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Word History
First Known Use
1905, in the meaning defined above
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 Nov. 2024.
Legal Definition
contingency fee
see fee sense 2
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