Contingency Fee Agreements In Bronx

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a crucial document for clients in Bronx who are looking to engage legal services based on a contingency fee model. This type of agreement specifies that the attorneys will receive a percentage of the net recovery from the client's claim, which can vary depending on whether the matter is settled before trial, resolved by a trial, or requires an appeal. The agreement also outlines the responsibilities regarding costs and expenses, indicating that the client must cover reasonable disbursements incurred by the attorneys, such as deposition costs and expert witness fees. Additionally, the document grants attorneys the right to employ experts and associate counsel as needed, ensuring that clients have access to the necessary resources for their case. It is designed to protect both parties, detailing the attorneys' lien on any recovered sums and clarifying conditions for withdrawal or substitution of attorneys. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for managing fee agreements in personal injury and wrongful termination cases. The straightforward nature of the agreement helps reduce misunderstandings, making it an essential component for legal practice in the Bronx.