Contingency Under Law In Dallas

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm serves as a legal document that outlines the terms of employment between a client and their attorney in connection with a claim, specifically noting its relevance to wrongful termination cases in Dallas. This agreement establishes that the client pays the attorney a percentage of any net recovery from the claim, which varies depending on whether the case is settled out of court, resolved by trial, or subject to appeal. Key features include a stipulation for reasonable costs and expenses to be paid by the client, an attorney lien on recoveries for fees, and provisions for the employment of experts or associate counsel at the attorney's discretion. The form also outlines the circumstances under which attorneys can withdraw or be discharged while still retaining their fees. It emphasizes that attorneys do not guarantee favorable outcomes and provides a power of attorney for executing necessary documents on behalf of the client. This form is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for client engagement and outlines the financial and legal responsibilities involved.