There are a number of ways in which attorneys structure their fees. The two simplest include hourly and contingency billing arrangements. First, hourly billing involves an attorney charging his/her client on an hourly basis according to a pre-set hourly fee. Second, contingency billing is where an attorney retains a portion of the proceeds the attorney obtains as the client’s recovery. The contingency sum is typically agreed to in advance and is often described as a percentage or fraction of the total recovery the attorney obtains on the client’s behalf.