How does a ‘no win, no fee’ arrangement really work?

A “no win, no fee” or contingency fee agreement means the attorney agrees to take on your case without charging you any upfront fees. The law firm covers the costs of investigating and pursuing your claim. In return, if they successfully recover money for you, their fee is a pre-agreed-upon percentage of the total recovery. If there is no recovery, you do not pay an attorney’s fee.