defense contingent fee
defense contingent fee. See reverse contingent fee under CONTINGENT FEE.
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Search Results for: DEFENSE CONTINGENT FEE
reverse contingent fee
A fee in which a defense lawyer’s compensation depends in whole or in part on how much money the lawyer saves the client, given the client’s potential liability — so that the lower the settlement or judgment, the higher the lawyer’s fee. • For example, if a client might be liable for up to $2
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contingent fee
contingent fee. A fee charged for a lawyer’s services only if the lawsuit is successful or is favorably settled out of court. • Contingent fees are usu. calculated as a percentage of the client’s net recovery (such as 25% of the recovery if the case is settled, and 33% if the case is won at