Contingency With Lawyer 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 crucial legal document designed for clients who wish to engage attorneys on a contingency fee basis. It outlines the terms of employment, including the client’s retention of the attorneys to pursue claims, such as wrongful termination. The agreement specifies various percentages for attorney fees based on the outcome of the case, whether it settles out of court or requires trial and potential appeals. Additionally, it details the allocation of costs and expenses, such as deposition costs and expert witness fees, which the client is responsible for covering on a periodic basis. Importantly, the agreement grants attorneys a lien on any recovered settlements, ensuring their compensation for services rendered. It provides clauses for the employment of expert witnesses and associate counsel at the attorneys' discretion. Moreover, the document includes terms for attorney withdrawal and consequences should the client settle without attorney consent. This form is especially beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it formalizes the terms of representation, clarifying financial and legal obligations while protecting the interests of both parties throughout the legal process.