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Is the contingency fee based on the total surplus or my share? | NC
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Q: Is the contingency fee taken from the total surplus funds, or only from the amount the client actually receives if multiple people are entitled to a share? A: In most cases, the contingency fee is calculated on the client’s recovery—meaning the amount that is actually awarded and paid to that client—not on the entire surplus fund when other people also have valid claims. But there is an…