Contingency Fee vs. Hourly Fee Cost Comparator
Compare the total out-of-pocket cost of a contingency fee arrangement versus an hourly billing arrangement to determine which is more financially advantageous for your legal matter.
Formulas Used
Contingency Fee — Expenses Deducted After Fee:
Contingency Fee — Expenses Deducted Before Fee:
Hourly Fee:
Effective Cost Rate = Total Cost ÷ Settlement × 100
Break-Even Hours = Contingency Total Cost ÷ Hourly Rate
Assumptions & References
References
References
- 18 U.S.C. § 2701 et seq.
- 29 U.S.C. § 1001 et seq.
- 42 U.S.C. § 1395y(b)
- 42 U.S.C. § 1396k
- FRE 702
- FRE Rule 37(e)
- FRE Rule 901
- Federal Rule of Civil Procedure 23