legal word of the day: a CONTINGENCY FEE

legal word of the day: a CONTINGENCY- FEE (US)

honorarium dla prawnika wypłacane pod warunkiem wygrania przez niego sprawy

a fee charged for legal services which is payable only if the lawsuit is successful or is favorably settled out of court

other names with a similar meaning:

a CONTINGENT FEE

a CONDITIONAL FEE (UK)

(1) But when a plaintiffs’ lawyer makes the wrong call and files a bad case, the free market punishes her dearly by way of the contingency fee model.

(2) The plaintiffs’ lawyer’s practice is built upon the contingency-fee model. The lawyer’s fee is contingent upon recovering compensation for the plaintiff.

(3) The majority of personal injury attorneys charge a flat "contingency" fee for their services. This amounts to 33 percent of the pre-tax value of a given case's judgment or settlement.

PAYABLE – należna (a sum of money is said to be payable when a person is under an obligation to pay it)

to SETTLE OUT OF COURT – doprowadzić do ugody pozasądowej (for the opposing parties to reach an agreement without taking the case to court)

a PLAINTIFF – powód (a claimant, someone who makes a legal complaint against someone else in court)

to RECOVER COMPENSATION – uzyskać odszkodowanie (to receive/ get money in exchange for something that has been lost or damaged)

a PERSONAL INJURY ATTORNEY – adwokat specjalizujący się w sprawach o odszkodowanie za uszczerbek na zdrowiu (a lawyer who provides legal representation to those who claim to have been injured, physically or psychologically, as a result of the negligence or wrongdoing of another person, company, government agency, or other entity)

a FLAT FEE – stała, niezmienna opłata (a fixed fee)

a JUDGEMENT – wyrok, orzeczenie (a decision by a court or other tribunal that resolves a controversy and determines the rights and obligations of the parties.

a SETTLEMENT – ugoda (an arrangement to end a disagreement, without taking it to a court of law)