Contingent Fee For Attorneys In Florida

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

Description

The Contingent Fee Agreement with an Attorney or Law Firm is a crucial legal document utilized in Florida, particularly for clients engaging attorneys under a contingent fee arrangement. This agreement outlines the terms where the attorney is compensated based on a percentage of the net recovery from a legal claim, such as wrongful termination. Key features include the specification of attorney fees based on whether the case is settled out of court, resolved at trial, or subject to appeal. The form also details the responsibilities concerning costs and expenses associated with the case, highlighting that clients will reimburse attorneys for these outlays. Additionally, the agreement grants attorneys a lien on any recovery amount, enabling them to secure their fees directly from settlement proceeds. It includes provisions for the employment of expert witnesses and associate counsel, reinforcing its utility in complex cases. Furthermore, the agreement clarifies that attorneys retain their fee rights even if the client discharges them before a settlement occurs, ensuring financial protections for legal practitioners. The target audience for this form includes attorneys, partners, owners, associates, paralegals, and legal assistants. They will find the document invaluable for safeguarding their financial interests while providing clarity to clients regarding their fee structures and obligations, thus fostering transparent professional relationships.