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
- 10 U.S.C. § 1408 — Payment of Retired or Retainer Pay in Compliance with Court Orders — U.S. Code (C
- 11 U.S.C. Title 11 — Bankruptcy Code (Cornell Legal Information Institute)
- 11 U.S.C. § 104
- 11 U.S.C. § 109 — Who May Be a Debtor
- 11 U.S.C. § 1104
- 11 U.S.C. § 1129(a)(9)(C)
- 11 U.S.C. § 1301
- 11 U.S.C. § 1322
References
- 10 U.S.C. § 1408 — Payment of Retired or Retainer Pay in Compliance with Court Orders — U.S. Code (C
- 11 U.S.C. Title 11 — Bankruptcy Code (Cornell Legal Information Institute)
- 11 U.S.C. § 104
- 11 U.S.C. § 109 — Who May Be a Debtor
- 11 U.S.C. § 1104
- 11 U.S.C. § 1129(a)(9)(C)
- 11 U.S.C. § 1301
- 11 U.S.C. § 1322