What is a contingency fee agreement?

Answer There are basically two types of fee agreements entered into with attorneys: fixed fee and contingent fee. A contingent-fee agreement is one where the attorney is paid only if a recovery is made.C... Read More »

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The Advantages of a Prenuptial Agreement & a Community Separate Property Agreement?

Marriage is a legal union between two persons, usually entailing legal and financial obligations of one person to the other. The phrase "legal union" makes a marriage sound more like a contractual ... Read More »

What Is a Contingency Fee in Recruitment?

Recruiting agencies and freelance recruiters perform an important function in the business world, helping employers fill critical vacancies. If a recruiter has a financial incentive -- a contingenc... Read More »

What is a contingency reserve?

Contingency reserves are sums set aside to cover anticipated future liabilities or reductions in asset values.Rule Governing Contingency ReservesContingency reserves must be disclosed in financial ... Read More »

How to Compute a Contingency Budget?

A contingency budget is a budget that covers unexpected expenses during the course of a project, whether business-related or personal. It can be thought of as a budget used if a contingency plan ne... Read More »