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Contingent Contract With Example

State:
Multi-State
Control #:
US-PI-0227
Format:
Word; 
Rich Text
Instant download

Description

A contingent contract is a legally binding agreement that stipulates that certain obligations will only take effect upon the occurrence of a specified event. In the context of the Employment Contract, the client's obligation to pay the attorney's fees, which is generally set at forty percent of any recovery, only arises if a successful recovery is made in their case. If there is no recovery, the attorney charges nothing for their services, ensuring that clients do not face financial burdens without results. This form is essential for individuals seeking legal representation for claims, such as personal injury cases, as it clarifies payment structures and conditions related to attorney fees. Key features include provisions for costs, subrogation, and the rights of both parties regarding representation and potential withdrawal. Filling and editing the form requires clear input of names, dates, and the specific details of the legal claims in question. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form is valuable for establishing clear expectations between the attorney and client, facilitating smoother transitions of responsibility and understanding of financial obligations related to litigation.
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FAQ

Rhode Island Civil Statute of Limitations: At a Glance The state of Rhode Island imposes a three-year limit for personal injury, professional malpractice (including medical), and product liability. Fraud and injury to property all carry a 10-year limit.

In Rhode Island, you may file in small claims court on your own for anything that is $5,000 or less.

The most convenient way to find court records in RI is by searching via the Rhode Island Judiciary Public Portal.

The filing fee to file a small claims case is $75.75.

Interested individuals can access Rhode Island Probate Records through two primary sources: the Probate Courts in each county and the Rhode Island State Archives Repository.

In order to initiate a civil case, the Clerk's Office must collect a $402.00 filing fee. The Clerk's Office accepts cash or checks made payable to: Clerk, U.S. District Court.

The filing fee to file a small claims case is $75.75. The clerks in District Court are not attorneys and they cannot give legal advice, fill out forms, or advise you as to how to handle your case. They can provide you with procedural information only.

Small claims cases are handled in the District Court when the parties are claiming damages of $5,000 or less based upon a contract, a retail sale, or services rendered. A small claims case is designed to dispense speedy and final justice.

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Contingent Contract With Example