Contingency Rules In Cuyahoga

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm outlines the terms under which a client engages an attorney to prosecute a claim, specifically focusing on wrongful termination cases. Key features include the determination of attorneys' fees based on the outcome of the case, including different percentages payable for settlements reached without trial, resolved through trial, or following an appeal. It also details payment responsibilities for costs incurred, such as expert witness fees and travel expenses, ensuring transparency on financial obligations. The agreement includes provisions regarding attorneys' liens, the ability to hire associate counsel, and stipulations covering client settlements made without attorney consent. Notably, the agreement clarifies that attorneys make no guarantees about the case's success and provides the attorneys with a power of attorney to execute necessary documents. This form is especially useful for attorneys, partners, and paralegals in structuring legal agreements, as well as for clients to understand their financial commitments and the nature of their representation. Legal assistants may also benefit by gaining insights into procedural requirements and financial implications under this fee structure.