Contingency fee: A fee paid to an attorney only if they win the case or settlement
Contingency fee: A contingency fee is where the attorney receives a fee only if damages or settlement are received from the defendant. The issue of who pays the actual costs of the lawsuit (i.e. costs other than the attorney's fees) are also an issue in attorney-client agreements that involve a contingency fee or not. It is also possible to have mixed fee agreements where the attorney receives some hourly rate (usually a reduced rate compared to one without any contingency fee involved) and an additional contingency fee if successful in the suit.
Always seek professional legal advice from an attorney or other qualified legal professional
about medical malpractice, wrongful death, personal injury, or any other legal issue.
The medical/legal information provided here is of a general nature only,
and is not a substitute for professional medical or legal advice.
» Next page: Contingent Fee Agreement
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