When the fees charged to the client vary depending on the results of the representation-for example, whether a lawsuit is lost, won, or settled-it is called

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Value billing refers to a pricing strategy where the fees charged are based on the value or outcome of the service provided, rather than the time spent or the resources used. This is common in legal practices where the fee might depend on the results of a case, such as winning a lawsuit or reaching a favorable settlement.

When the Fees Charged to the Client Vary Depending on the Results