Contingency Fee For In Arizona

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

Description

The Contingency Fee Agreement is a legal document utilized in Arizona, outlining the terms under which a client retains an attorney or law firm to handle a wrongful termination claim. It specifies the fees the attorney will receive as a percentage of the net recovery, differentiating between outcomes of settlement out of court, trial, and appeal. Clients are responsible for additional costs and expenses incurred by the attorneys, which may be billed periodically. The agreement ensures that attorneys hold a lien on any recovery for their fees and costs. Furthermore, it allows for the employment of expert witnesses at the client's expense, where applicable. The form is designed for ease of use by legal professionals, allowing them to efficiently complete and edit the terms as necessary. It covers scenarios such as the potential discharge of the attorney by the client, emphasizing the attorney's entitlement to fees even if discharged before settlement. This form is particularly useful for attorneys, partners, and legal assistants working with clients who may lack legal experience, as it provides clarity on the financial obligations and processes involved in contingency fee arrangements.