US Legal Forms
Forms Kit
Credit Report Forms
Multi-State
Contingency Fee Agreement with an Attorney or Law Firm

Contingency Agreement Example In Clark

Q: What is a contingency agreement?

The contract is characterized as &quot;contingent&quot; because the terms are not final and are based on certain events or conditions occurring. A contingent contract can also be viewed as protection against a future change of plans.

Category:

Attorneys - Fee Agreements

State:

Multi-State

County:

Clark

Control #:

US-00442BG

Format:

Instant download

Description

The Contingency Fee Agreement example in Clark is a formal document outlining the relationship between a client and their attorney regarding the prosecution of a wrongful termination claim. Key features include a clear statement of employment, specifying attorney fees as a percentage of net recovery depending on whether the matter is settled out of court, resolved by trial, or following an appeal. It details responsibilities for costs and advances, how attorneys may employ experts and associate counsel, and the circumstances under which attorneys retain their fees even if discharged before settlement. The agreement also grants attorneys power of attorney to execute necessary legal documents on behalf of the client. This form is particularly useful for attorneys, partners, and legal professionals as it provides a structured approach to client engagement, clarifying fee arrangements and expectations. Paralegals and legal assistants benefit from its clear guidelines on document handling and client representation, fostering efficient case management. Overall, the agreement serves as a critical tool for safeguarding the interests of all parties involved in legal proceedings.

Agreement contingent contract with example

View this form

Contingency fee agreement form for legal services

View this form

Agreement lawyer near me

View this form

Attorney contract with the government

View this form

Requirements Evaluation

Evaluating Your Assets

View this form

Form popularity

FAQ

What Is a Contingency? A contingency is a potential occurrence of a negative event in the future, such as an economic recession, natural disaster, fraudulent activity, terrorist attack, or a pandemic.

Contingency Contract Examples If you fail to secure the financing within the stipulated period, either party may terminate the contract without any legal consequences. Another simple example is a child who agrees with their parent that they would receive a new bicycle if they receive an A in a specific class.

The contract is characterized as "contingent" because the terms are not final and are based on certain events or conditions occurring. A contingent contract can also be viewed as protection against a future change of plans.

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.