what is a fair contingency agreement
In the law, it is defined as a fee charged for a lawyer's services only if the lawsuit is successful or is favorably settled out of court.... Contingent fees are usually calculated as a percentage of the client's net recovery.. In the English legal system, it is generally referred to as a conditional fee agreement or, informally by the public and press, as no win no fee. The usual form of this agreement is that the solicitor will take a law case on the understanding that if lost, no payment is made.