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单词 contingent fee
释义 contingent fee

A fee payable only if an activity is successful. For example, a UK estate agent only receives commission if a sale is achieved, and some training establishments offer ‘no pass, no fee’ terms. UK lawyers, however, are not allowed to work on a contingent fees basis, where they only get paid if they win their client's case, whereas US lawyers can work on this basis. The argument for contingent fees is that without them poor litigants cannot afford to sue; the argument against them is that they are believed to encourage excessive litigation.

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更新时间:2025/3/9 23:02:31