Contingency Fee For Lawyers 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 outlines the terms under which clients engage attorneys to represent them in legal claims, specifically emphasizing contingency fees as a payment structure. It specifies that the client's attorney fees are based on a percentage of the net recovery from their claim, with different percentages applying depending on whether the matter is settled out of court or requires trial. This form also details the responsibilities for costs and expenses, like depositions and expert witness fees, indicating that these are to be reimbursed by the client. Importantly, it establishes that attorneys may place a lien on any recovery for their fees and costs. The agreement stipulates the conditions under which attorneys can withdraw from representation and the repercussions of the client settling without their attorneys' consent. It also includes a power of attorney provision allowing attorneys to execute necessary documents. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it clearly defines the legal framework for handling contingency fee arrangements while ensuring transparency and protection for both parties.