Contingency Fee Agreement Sample Format In Bronx

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

Description

The Contingency Fee Agreement Sample Format in Bronx is a legal document designed to outline the terms between a client and their attorneys regarding representation in a wrongful termination claim. This agreement specifies that the client retains the attorneys to prosecute the claim while providing the attorneys with the authority to negotiate and file legal actions. Key features include the calculation of attorney fees based on a percentage of the net recovery depending on the outcome—whether settled out of court or through trial. The form also covers cost responsibilities, including deposition and expert witness fees, that the client must pay. A lien on any recovery ensures attorneys receive their fees and costs before the client does. The agreement permits attorneys to employ associate counsel and expert witnesses, as needed, at the client's expense. Clients are required to compensate the attorneys if they settle the claim without consent, reinforcing the attorneys' entitlement to their fees. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in the Bronx, as it standardizes payment structures and delineates responsibilities clearly, ensuring all parties understand their rights and obligations.