Contingency Fee Agreements In Arizona

• Category: Attorneys - Fee Agreements
• State: Multi-State
• Control #: US-00442BG
• Format: Word; Rich Text

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a crucial document for establishing the terms of representation between a client and their attorney in Arizona. This agreement outlines the employment relationship wherein the client retains the attorney to pursue a claim, typically involving wrongful termination or similar issues. Key features include the attorney's fees structure, which varies depending on the method of resolution—either through settlement, trial, or appeal. It also specifies the allocation of costs and expenses, the retention of an attorney's lien on any recovery, and provisions for the employment of expert witnesses if necessary. Attorneys are allowed to withdraw under certain conditions while ensuring a lien on fees earned, maintaining the integrity of the agreement. This form is beneficial for a broad audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for fee arrangements and protects both parties' interests. It is especially useful in scenarios where legal claims may involve uncertain outcomes, allowing clients to pursue justice without upfront legal costs.