Contingency Fee In Law Definition 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 is a legal document outlining the terms under which a client engages attorneys to handle a wrongful termination claim. It specifies how attorney fees will be determined based on the outcome of the case, detailing percentages for settlements out of court, trials, and appeals. The agreement also addresses the responsibility for costs and expenses incurred by the attorneys, such as deposition costs and expert witness fees, which the client agrees to reimburse. Key features include provisions for attorneys’ liens on recovery amounts, the employment of expert witnesses, and stipulations for withdrawal or discharge of attorneys. This form is vital for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for client representation and fee structures. It also emphasizes the importance of understanding that attorneys cannot guarantee a successful outcome and grants attorneys the power to act on behalf of the client in legal matters. Filling out this form requires careful attention to details, including percentages and descriptions of claims, ensuring that all parties understand their obligations and rights.