Contingency With Law 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 document designed to establish the terms of representation between a client and their attorneys, particularly in wrongful termination claims. This agreement outlines the attorney's fees, which are based on a percentage of the net recovery, and stipulates the conditions under which these fees apply if the case settles out of court, goes to trial, or involves an appeal. It also addresses costs and expenses incurred during the case, detailing how these will be handled and reimbursed by the client. The agreement grants attorneys certain rights, including a lien on any recovery and the ability to hire expert witnesses or associate counsel as needed. Importantly, it clarifies the rights of both parties regarding withdrawal or discharge of attorneys and emphasizes that attorneys do not guarantee a favorable outcome. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides clear guidelines for managing client relationships and expectations in contingency-based cases. The form encourages a professional standard while allowing for necessary adjustments in legal processes.