Contingency Fee For Consultant In Fulton

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm formalizes the relationship between a client and attorneys, stating that the client retains the attorneys to handle a wrongful termination claim. Key features include the outline of attorney fees, which are based on a percentage of the net recovery from a settlement or trial outcome. The agreement specifies that clients are responsible for any costs incurred by the attorneys, including expert fees and travel expenses, which may be billed on a specific schedule. It also establishes an attorney's lien on the recovery amount, ensuring that the attorneys are compensated for their services before any remaining funds are disbursed to the client. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for compensation, outlines the management of costs, and addresses potential withdrawal or substitution of attorneys. Additionally, it emphasizes that attorneys do not guarantee a favorable outcome, making it clear that the responsibility ultimately rests with the client. This comprehensive structure aids legal professionals in navigating client relationships, financial expectations, and case management effectively.