contingency fee

contingency fee definition - business

contingency fee

The cost of legal representation when payment to an attorney is based on a percentage of what a client receives in a settlement or judgment. Personal injury cases often entail contingency fees.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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