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Contingency Fee

A fee structure where the attorney only gets paid if the case wins, typically as a percentage of recovery.

A fee structure where the attorney only gets paid if the case wins, typically as a percentage of recovery.

Related terms

  • Fee Agreement — A written contract between attorney and client specifying legal fees, costs, and payment terms.
  • Settlement Negotiation — Discussions between parties to resolve a claim without trial, typically involving the plaintiff's attorney and insurer.
  • Written Offer — A formal settlement offer from the insurer specifying an amount to resolve all claims, often below demand.

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