What is the difference between contingency and conditional fees?
When individuals seek legal representation, the cost of hiring an attorney can be a significant concern. In response to this, various fee structures have emerged to accommodate different financial situations and types of legal cases. Among these are contingency fees and conditional fees, both of which are arrangements where the attorney's payment is contingent on the outcome of the case. In this article, we explore the key differences between contingency fees and conditional fees, shedding light on how they operate and the benefits they offer to clients and lawyers alike. Contingency Fees: Definition: Contingency fees are a payment arrangement in which the attorney's fees are contingent upon the successful outcome of the case. If the attorney does not secure a favorable settlement or win at trial, the client does not owe any attorney fees. However, the client may still be responsible for other expenses related to the case, such as court fees, expert witness fees, and investigat