Contingency Contract In Texas

State:
Multi-State
Control #:
US-00442BG
Format:
Word; 
Rich Text
Instant download

Description

The Contingency Contract in Texas is a legally binding agreement between a client and their attorneys for legal representation in wrongful termination claims. Key features include the structure of attorney fees based on the case outcome, covering a percentage of net recovery whether settled out of court, resolved in trial, or after an appeal. Clients are responsible for reasonable costs incurred by the attorneys, which can include expenses like deposition costs and expert witness fees. Attorneys maintain a lien on any recovery achieved and have the discretion to employ experts or associate counsel for case support. The contract stipulates that attorneys retain their contingent fees even if the client discharges them prior to settlement. Importantly, attorneys do not guarantee a favorable outcome for the client, emphasizing that their statements are opinions only. For legal professionals such as attorneys, partners, owners, associates, paralegals, and legal assistants, this form offers a systematic approach to defining terms of engagement and fee structures, aiding in clarity and the management of client expectations.
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FAQ

Rule 1.7 - Conflict of Interest: General Rule (a) Except as provided in paragraph (b), a lawyer shall not represent a client if the representation involves a concurrent conflict of interest.

Keep in mind, judgments issued by Connecticut Superior Courts are enforceable for up to 20 years and can possibly be revived for an additional period of time if proper procedure is followed before the expiration date.

Rule 8.4(7) defines ?professional misconduct? by a Connecticut attorney as including speech that the lawyer knows or reasonably should know ?is harassment or discrimination on the basis of? any of 15 listed characteristics?among them race, sex, religion, disability, sexual orientation, and gender identity.

Rule 7.1. A communication is false or misleading if it contains a material misrepresentation of fact or law, or omits a fact necessary to make the statement considered as a whole not materially misleading.

Rule 1.10 - Imputation of Conflicts of Interest: General Rule (a) While lawyers are associated in a firm, none of them shall knowingly represent a client when any one of them practicing alone would be prohibited from doing so by Rules 1.7, 1.8(c), or 1.9, unless the prohibition is based on a personal interest of the ...

Connecticut Practice Book, Rules of Professional Conduct, Rule 1.15. The Rules of Professional Conduct, Rule 1.15 Safekeeping Property, provides lawyers with a framework for handling their clients' funds. Attorneys are responsible for maintaining and monitoring their clients' trust accounts properly.

Rule 4.2 of the Rules of Professional Conduct provides that ?[i]n representing a client, a lawyer shall not communicate about the subject of the representation with a party the lawyer knows to be represented by another lawyer in the matter, unless the lawyer has the consent of the other lawyer or is authorized by law ...

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Contingency Contract In Texas