Contingency Fee Agreement Example In Florida

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

Description

The Contingency Fee Agreement example in Florida is a crucial legal document that outlines the terms under which attorneys and clients agree to work together on a specific claim, such as wrongful termination. The agreement specifies the percentage of net recovery that clients will pay attorneys based on the outcome of the case, whether settled out of court, resolved by trial, or after an appeal. It also details the client's responsibility for costs and expenses incurred by the attorneys throughout the process, which can cover deposition costs and expert witness fees, to be paid on a predetermined schedule. Furthermore, the agreement grants attorneys a lien on any recovery to secure their fees and costs, ensuring that they are compensated before the client receives any funds. The attorneys also have the discretion to employ expert witnesses and associate counsel as needed, with associated costs being the client's responsibility. Importantly, the agreement clarifies that attorneys do not guarantee a successful outcome and can withdraw from representation under certain conditions, while still entitled to fees for the work done. This agreement serves various target audiences, including attorneys, partners, owners, associates, paralegals, and legal assistants, by providing a structured and legally sound framework for representing clients in contingent fee arrangements.