MLchartDataset catalogue

Contingent fee

Term · Law · MLC-T-LAW-001261

A payment structure for legal services where the attorney's compensation is a percentage of the financial recovery obtained for the client. This fee is only collected if the case is won or settled, making legal representation accessible to clients who cannot afford hourly rates. The percentage is typically agreed upon at the outset of the representation.

Table 1. Record
IdentifierMLC-T-LAW-001261
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001261",
  "term": "Contingent fee",
  "field": "Law",
  "definition": "A payment structure for legal services where the attorney's compensation is a percentage of the financial recovery obtained for the client. This fee is only collected if the case is won or settled, making legal representation accessible to clients who cannot afford hourly rates. The percentage is typically agreed upon at the outset of the representation.",
  "url": "https://mlchart.com/terminology/law/contingent-fee/"
}

Record 1,107 of 5,439 in Law terminology (MLC-0107). Request the full dataset.