The phrase "a conditional fee" is correct and usable in written English.
It is typically used in legal contexts to refer to a fee arrangement where payment is contingent upon a successful outcome in a case.
Example: "The lawyer explained that they would work on a conditional fee basis, meaning I would only pay if we win the case."
Alternatives: "contingency fee" or "success fee".
In return, the investors can receive a conditional fee or a percentage of any eventual settlement.
Cooper brought his action with a conditional fee agreement, known as a no-win, no-fee agreement.
The judge found in favour of Saavedra, who had to fight the case from Mexico on a "conditional fee agreement"; no win, no fee for her British lawyers.
Carter Ruck write that they are acting on a conditional fee basis and will be taking out an insurance policy for £100,000 worth of legal cover.
If you've had an accident, you might also be looking for someone to take your case on the basis of a conditional fee agreement (the no-win, no-fee arrangement so beloved of daytime TV ads).
A spokesman for Mittal said: "Mr Varma's claim is an opportunistic and speculative piece of litigation brought on a conditional fee agreement, which Mr Mittal denies in its entirety and intends to vigorously defend".
In one recent libel case where a firm acting for a claimant on a conditional-fee basis settled for £100,000 in damages, the claimant's lawyers recovered the best part of £1m in costs.
"Conditional fee arrangements (CFAs) have played a role in giving access to justice to a range of people.
The letter, sent last month, is a damaging critique of Ministry of Justice plans to cut £350m a year from the legal aid budget and reform conditional fee agreements so claimants would have to use any compensation to pay their lawyers' success fees.
He said that the conditional fee system has "frequently ended up as something of a racket allowing risk-free litigation for claimants, inflated profits for legal firms, and punitive additional costs for defendants".
Without "no win, no fee" agreements the News of the World would still be appearing on news stands this Sunday, according to the solicitor who has led the legal challenge against phone hacking, Mark Lewis says government proposals to curb conditional fee agreements (CFAs) made between lawyers and their clients pose a serious threat to any chance of the less well-off obtaining justice in future.
