Indiaâs population will rise to 1.6 billion by 2050, from its current level of 1.2 billion, while the Chinese population is projected to remain unchanged at its current level of 1.3 billion, during the period.
Full Definition of CONTINGENCY FEE. : a fee for services (as of a lawyer) paid upon successful completion of the services and usually calculated as a percentage of the gain realized for the client âcalled also contingent fee.See contingency fee defined for English-language learners.ADVERTISEMENT. a fee for services (as of a lawyer) paid upon successful completion of the services and usually calculated as a percentage of the gain realized for the client âcalled also contingent fee. See contingency fee defined for English-language learners. ADVERTISEMENT.
Thatâs equivalent to a contingency fee of less than 5% on average. In other words, itâs just a fraction of the cost to send the accounts to a traditional agency debt collection fees that charges contingency rates of between 30% and 50% of what it collects.