contingent fee

American  

noun

1. a fee paid to a lawyer conducting a suit, especially a suit for damages, in the event that the suit is successful and generally based on a percentage of the sum recovered.

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Example Sentences

Attorney fees can be a trap. Whether you pay your attorney hourly or on a contingent fee basis, factor in the cost of your attorney when you’re addressing taxes.

From Forbes • Jul. 6, 2015

Now of course there are valid reasons for a contingent fee arrangement and a 33% award if and when there is an award.

From Forbes • Jun. 4, 2014

In a number of cases the claimants had contracted with local attorneys upon the basis of a contingent fee of 50 per cent, of whatever might be awarded.

From Neutral Rights and Obligations in the Anglo-Boer War by Campbell, Robert Granville

"Mr. Keen terminated the interview with characteristic tact, accepting the case on the contingent fee of $5,000."

From The Tracer of Lost Persons by Chambers, Robert W. (Robert William)

Sometimes they work on a guaranty, and at other times on a percentage or contingent fee, or both.

From Love, Life & Work Being a Book of Opinions Reasonably Good-Natured Concerning How to Attain the Highest Happiness for One's Self with the Least Possible Harm to Others by Hubbard, Elbert