MLchartDataset catalogue

Contingency fee

Term · Law · MLC-T-LAW-001257

A payment arrangement for legal services where the attorney receives a percentage of the monetary recovery obtained for the client, rather than an hourly rate or fixed fee. If the client does not win the case, the attorney receives no payment for their time. This fee structure is common in personal injury lawsuits, with percentages often ranging from 25% to 40% of the settlement or award.

Table 1. Record
IdentifierMLC-T-LAW-001257
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001257",
  "term": "Contingency fee",
  "field": "Law",
  "definition": "A payment arrangement for legal services where the attorney receives a percentage of the monetary recovery obtained for the client, rather than an hourly rate or fixed fee. If the client does not win the case, the attorney receives no payment for their time. This fee structure is common in personal injury lawsuits, with percentages often ranging from 25% to 40% of the settlement or award.",
  "url": "https://mlchart.com/terminology/law/contingency-fee/"
}

Record 1,102 of 5,441 in Law terminology (MLC-0107). Request the full dataset.