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LSDefine

Simple English definitions for legal terms

contingent fee

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A quick definition of contingent fee:

A contingent fee is a way that lawyers get paid for their work. Instead of charging a fixed amount of money for their time, they get a percentage of the money their client wins in a lawsuit. This is common in cases where someone is hurt and wants to sue for money. The lawyer gets paid only if they win the case. The client may still have to pay some costs, like filing fees, even if they don't win. The lawyer has to write down the agreement with the client and tell them about any costs they might have to pay. Contingent fees are not allowed in some types of cases, like divorce or criminal cases. Some people like contingent fees because they can afford to sue when they wouldn't be able to pay a lawyer up front. Others don't like them because they think they encourage too many lawsuits or make lawyers settle cases too quickly.

A more thorough explanation:

A contingent fee is a way for lawyers to get paid for their services. Instead of charging a fixed hourly rate, a lawyer who works on contingency gets a percentage of their client's monetary award. This means that if the client doesn't win the case, the lawyer doesn't get paid.

Contingency fees are common in personal injury cases. For example, if someone is injured in a car accident and hires a lawyer on contingency, the lawyer might receive 33% of the amount the client is awarded in court.

However, there are rules that lawyers must follow when working on contingency. The agreement between the lawyer and client must be in writing and signed by the client. The agreement must also state how the fee will be determined and any expenses the client will be responsible for.

Some people think that contingency fees are good because they allow people who can't afford a lawyer to get one. They also give lawyers an extra incentive to win the case. However, others think that contingency fees encourage too many frivolous lawsuits and that the fees are often too high.

For example, if someone is injured in a slip and fall accident and hires a lawyer on contingency, the lawyer might receive a percentage of the amount the client is awarded in court. If the client doesn't win the case, the lawyer doesn't get paid.

Overall, a contingent fee is a way for lawyers to get paid for their services based on the outcome of a case. It can be a good option for clients who can't afford a lawyer, but it's important to understand the rules and potential drawbacks.

contingent beneficiary | contingent interest

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ParallelAgreeableOrangutan
19:50
Anyway joke's on them, they're in Evanston not Chicago
20:07
actually northwestern law is in downtown chicago
20:07
it’s actually more chicago than UChi lol
20:25
Northwestern has a goated location, right by navy pier . But Northwestern's main campus is beatiful and in Evanston (goated location but different reasons)
esoterica
21:30
I like northwestern law location a lot but I did a self guided tour there and this 3L I met told me that if I want to do public interest I shouldn't go there bc career services provides no support
MrThickRopes
0:37
I fukcking
MrThickRopes
0:37
really loved this girk
MrThickRopes
0:37
girl
MrThickRopes
0:38
but legislation preventented me from saying so
MrThickRopes
0:38
he is perfect. she would be perfect before m after, or diuring if he was in charge
1:10
is he perfect?
@MrThickRopes: Careful Mr. ThickRopes. I once wrote a love letter to a girl and it was used against me in court. Best not to tell women how you really feel about them. Might get accused of Rape. Oh my God I am so Horny. Haven't fucked in 6 years now. Man oh man!
^^^^^^^^^ Imagine that shit gets presented in court and your boomer judge who doesn't understand A.I. does not surpress it. Good god!
I thought about this more. You know, if you were still in high school. The time it is easiest to start a relationship, I would say yes. Tell her how you feel. Any woman post undergrad though, nah don't risk it. Wait to see how she turns out as a person at 25 at the very minimum. You probably dodged a bullet.
love amirite
alexa play marvin gaye
globalcitizen
9:58
These are the kinda freaks collecting 100% disability , we work hard everyday to subsidize these buffoons
@ParallelAgreeableOrangutan: I am too that’s why I’m a Tulane crashout rn
18:54
yall we didn’t have to report if we were the complaining party in a criminal case right for character and fitness
18:55
omg i’m scared
18:56
like if i sued my ex for whoopin my azz
19:37
Red flag
19:38
suing someone for being a little freaky 🤪 💀
19:39
LMAO CRAZY
19:40
[deleted by esoterica]
19:41
[deleted by esoterica]
13:51
@esoterica: thanks 🙏 it was a bad joke
how can I look up data on are applicants on here?
It depends how they phrased the question. Some questions just ask if you've ever been charged
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