A contingent fee or contingency fee (in the United States) or conditional fee (in England and Wales) is any fee for services provided where the fee is payable only if there is a favourable result. Although such a fee may be used in many fields, it is particularly well associated with legal practice. In the law, it is defined as a "fee charged for a lawyer 's services only if the lawsuit is successful or is favorably settled out of court... Contingent fees are usually calculated as a percentage of the client 's net recovery. ''
what is it called when a lawyer takes a percentage
A contingent fee or contingency fee