Sentence examples for a contingent fee equal from inspiring English sources
The contract for 2010, seen by The Economist, stated that Thomson was to pay the university an annual fee for co-branding and distribution rights, plus a "contingent fee" equal to 25% of any "qualifying" revenue generated by the service above that level.
When a contingent fee is appropriate, I typically charge 1/3 of amounts collected plus expenses.
But to pay counsel on a contingent fee basis is bad public policy akin to paying the police on a contingent or piecemeal basis.
Under a settlement, a check for $3.9 million went directly to the plaintiff's lawyers under a contingent fee agreement, while Mr. Banaitis received $4.9 million for himself.
"A traditional bank is not set up to underwrite the primary asset of a contingent fee law firm," said Mr. Cody, the president of Counsel.
The revenue-maximising auction consists of an up-front bid and a contingent fee, where the latter is chosen in a Pigouvian manner, so the winning agent's choice of exercise time maximises the seller's revenue.
Whether you pay your attorney hourly or on a contingent fee basis, factor in the cost of your attorney when you're addressing taxes.
Only in the largest and best cases would experienced attorneys be willing to commit themselves to a contingent fee in such circumstances.
If you are a plaintiff with a contingent fee lawyer, the IRS treats you as receiving 100% of the money, even if the defendant pays your lawyer directly.
If you are the plaintiff and use a contingent fee lawyer, you'll usually be treated (for tax purposes) as receiving 100% of the money recovered by you and your attorney, even if the defendant pays your lawyer directly his 30% to 40% contingent fee cut.
