Attorney For Contingency Basis In Bronx

State:
Multi-State
County:
Bronx
Control #:
US-00442BG
Format:
Word; 
Rich Text
Instant download

Description

The Contingency Fee Agreement With An Attorney Or Law Firm is a legal document designed for Clients in the Bronx seeking representation on a contingency basis. It establishes the terms of employment between the Client and their attorneys, specifically in cases of wrongful termination claims. Key features include the payment structure, where attorneys receive a percentage of the net recovery, contingent upon the outcome and the method of resolution, such as settlement or trial. The agreement also outlines the responsibility for costs and expenses incurred during representation, which the Client must reimburse on a specified basis. Additionally, it grants attorneys a lien on any recovery, ensuring their fees are secured from the settlement amount. The document allows for the use of expert witnesses and associate counsel as needed. It further specifies the conditions under which attorneys may withdraw from representation and how fees are managed if the Client directly settles the claim. This agreement is beneficial for legal professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for managing client relations and financial agreements in contingency cases.
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FAQ

You may need a lawyer who works on contingency when you do not have the means to pursue legal action on your own. There may be many unexpected expenses related to your personal injury lawsuit or civil claim.

No, not all lawyers work on contingency. This model is typically limited to specific types of cases, such as personal injury and some employment disputes. Criminal defense, family law, and other legal specialties usually require retainer fees or hourly billing.

The Most Common Cases that Do Not Operate on Contingency Fees Criminal defense cases. Divorce attorneys. Family law attorneys. Domestic relations cases. Business-related cases. Contracts and closings.

The average contingency rate falls between 20-40%, with most lawyers charging around 33% to 35% of the total amount recovered in a case. The exact percentage can vary depending on the complexity of the case, the lawyer's experience, and the stage at which the case is resolved.

The result of a settlement agreement involves the responsible party paying a certain amount to compensate for the damages caused to the victim.

A settlement can take anywhere from a few weeks to over five years to close. Straightforward personal injury cases, like a car accident lawsuit from a rear-end collision, are more likely to resolve quickly. A medical malpractice case is more likely to take several years.

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Attorney For Contingency Basis In Bronx