Contingency Fee For Lawyers 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 legally binding document that outlines the terms of employment between a client and their attorney regarding legal representation in claims, such as wrongful termination. Key features include the structure of attorney fees based on the net recovery percentage, with different rates depending on whether the matter is settled out of court, goes to trial, or involves appeals. The agreement stipulates that clients are responsible for reasonable costs and expenses incurred by attorneys in pursuing their case. It also includes provisions for attorneys' liens, employment of expert witnesses, and terms for withdrawal or discharge by either party. This form is essential for attorneys, partners, and legal assistants as it clarifies financial responsibilities and protects attorneys' rights to payment for their services. It helps streamline client interactions and ensures all parties are aware of the conditions surrounding the legal representation. When filled out correctly, it aids in maintaining professional relationships while providing legal clarity to clients.