Lawyer On Contingency Fee 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 that outlines the terms and conditions under which a client hires an attorney to represent them in a claim for wrongful termination. Key features include the agreement on attorney fees, which are contingent on the outcome of the case, with percentages specified for different scenarios — settlement out of court, trial, or appeal. The form details the responsibilities for costs and expenses incurred during the representation, which may be billed on a regular basis. Additionally, it grants attorneys a lien on any recovery obtained, ensuring they are compensated for their services even if the client discharges them. The agreement also allows attorneys to employ expert witnesses at the client's cost. A critical provision states that if the client settles the claim without the attorneys' consent, they still owe the agreed-upon fees. There is no guarantee of a favorable outcome, as attorneys make no representations regarding the success of the case. This document is valuable for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for attorney-client relationships in contingency fee arrangements. It facilitates understanding of the financial implications, the role of the attorney, and establishes a basis for communication and obligations between the parties.