Contingency Fee For Insurance In Cook

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a legal form used to outline the terms between a client and an attorney regarding representation in a claim, particularly for wrongful termination cases. This agreement stipulates that the client retains the attorney to handle their claim and negotiate settlements, while detailing the percentage of fees the attorney will receive based on the outcome of the case. Key features include provisions for the payment of attorney fees contingent upon successful resolution, as well as outlines for costs and expenses that the client may owe. The form also establishes the attorney's lien on any recovery, the employment of experts, and the conditions under which an attorney may withdraw from representation. This agreement is particularly useful for the target audience — attorneys, partners, owners, associates, paralegals, and legal assistants — as it provides a clear structure for managing client relationships and financial expectations in contingency fee arrangements. Additionally, it ensures compliance with legal requirements and protects both parties' interests throughout the legal process.