Which of the following conditions is consistent with a contingency fee?
A) Its terms must be contracted for before any services are performed.
B) Its terms must be contracted for after any services are performed.
C) The fees are fixed by a court.
D) The amount paid for the performance is not affected by the results obtained.

Question

Quizplus · Accepted Answer

A contingency fee is a fee that is paid only if a particular outcome is achieved. The terms of the fee must be contracted for before any services are performed. This means that the attorney will only receive payment if he or she is able to achieve a specific result for the client, such as winning a case or reaching a settlement. This arrangement is designed to provide an incentive for the attorney to work hard to achieve the desired outcome for the client.

Which of the Following Conditions Is Consistent with a Contingency