Success billing
Term · Law · MLC-T-LAW-004755
A fee arrangement where a lawyer's compensation is contingent upon a favorable outcome for the client. The attorney receives payment only if the case is won or settled, usually as a percentage of the recovery. This method aligns the lawyer's financial interests with the client's success and is common in personal injury and class action lawsuits.
| Identifier | MLC-T-LAW-004755 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004755",
"term": "Success billing",
"field": "Law",
"definition": "A fee arrangement where a lawyer's compensation is contingent upon a favorable outcome for the client. The attorney receives payment only if the case is won or settled, usually as a percentage of the recovery. This method aligns the lawyer's financial interests with the client's success and is common in personal injury and class action lawsuits.",
"url": "https://mlchart.com/terminology/law/success-billing/"
}
Record 4,852 of 5,441 in Law terminology (MLC-0107). Request the full dataset.