Contingency Attorney Fees In Collin

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a critical document for clients engaging legal representation, specifically addressing claims of wrongful termination in Collin. This agreement outlines the attorney's fees as a percentage of the net recovery, varying depending on whether the claim is settled out of court, resolved by trial, or settled after an appeal. It also delineates costs and expenses that the client is responsible for, including deposition costs and expert witness fees. The document grants attorneys a lien on any recovery, ensuring they are compensated for their services. Furthermore, attorneys may employ additional experts or associate counsel at their discretion, with costs billed to the client. The agreement stipulates that attorneys maintain their right to fees, even if the client discharges them before reaching a settlement. Importantly, clients should be aware that there are no guarantees regarding the outcome of their claims. This agreement is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to ensure clarity in fee arrangements and the obligations of both parties.