What is the meaning of Contingency Fee?

That fee which a person, often a lawyer, is entitled to per agreement upon the successful completion of some action. For example, a lawyer can take on an action for, say, 25% of the proceeds which he would only be entitled to if the action is successful.

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APABarry Goldsmith. (2010). contingency fee. Retrieved September 22, 2026, from http://smartdefine.org/contingency_fee/definitions/1150630
ChicagoBarry Goldsmith. 2010. "contingency fee" http://smartdefine.org/contingency_fee/definitions/1150630 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, contingency fee, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/contingency_fee/definitions/1150630>.
MLABarry Goldsmith. "contingency fee" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/contingency_fee/definitions/1150630>
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