Definition of contingency fee in English:
(In the US) a sum of money that a lawyer receives as a fee only if the case is won.
- Plaintiffs lawyers work for a contingency fee of about 33% of the money they recover.
- When a lawyer accepts a contingency fee case, she accepts the risk that if her client loses, she will never be paid.
- It also puts the trial lawyer who would represent her for a contingency fee in a worse position, as well.
Definition of contingency fee in:
- US English dictionary