sėkmės mokestis

English translation: contingency fee, conditional fee

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Lithuanian term or phrase:sėkmės mokestis
English translation:contingency fee, conditional fee
Entered by: Mindaugas Vasinauskas

16:38 Nov 10, 2009
Lithuanian to English translations [PRO]
Law/Patents - Law (general)
Lithuanian term or phrase: sėkmės mokestis
Sėkmingai išieškojus įsiskolinimą skolų išieškojimo biurui, pagal bendrą susitarimą, mokamas sėkmės mokestis.
Olga Prisekina-Olrichs
Netherlands
Local time: 18:35
contingency fee, conditional fee
Explanation:
Jeigu mokamas tik sėkmės mokestis:

A contingent fee (in the United States) or conditional fee (in England and Wales) is any fee for services provided where the fee is only payable if there is a favourable result. In the law 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."[1].

In the English legal system is generally referred as No win no fee. Being this a conditional fee agreement between a law firm and a client. The usual form of this agreement is that the solicitor will take a law case on the understanding that if lost, no payment is done.

http://en.wikipedia.org/wiki/Contingent_fee
Selected response from:

Mindaugas Vasinauskas
Lithuania
Local time: 18:35
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1success fee
Romualdas Zvonkus
4contingency fee, conditional fee
Mindaugas Vasinauskas


  

Answers


2 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
success fee


Explanation:
Gūglėj 32 000 000 hitų.

Romualdas Zvonkus
Lithuania
Local time: 19:35
Native speaker of: Native in LithuanianLithuanian
PRO pts in category: 52

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28 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
contingency fee, conditional fee


Explanation:
Jeigu mokamas tik sėkmės mokestis:

A contingent fee (in the United States) or conditional fee (in England and Wales) is any fee for services provided where the fee is only payable if there is a favourable result. In the law 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."[1].

In the English legal system is generally referred as No win no fee. Being this a conditional fee agreement between a law firm and a client. The usual form of this agreement is that the solicitor will take a law case on the understanding that if lost, no payment is done.

http://en.wikipedia.org/wiki/Contingent_fee


    Reference: http://en.wikipedia.org/wiki/Contingent_fee
    Reference: http://law.freeadvice.com/litigation/litigation/lawyer_conti...
Mindaugas Vasinauskas
Lithuania
Local time: 18:35
Specializes in field
Native speaker of: Native in LithuanianLithuanian
PRO pts in category: 28
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