Contingency Fee Agreements In Georgia

State:
Multi-State
Control #:
US-00442BG
Format:
Word; 
Rich Text
Instant download

Description

The Contingency Fee Agreement in Georgia outlines the mutual understanding between a client and attorneys regarding representation in legal claims, particularly those pertaining to wrongful termination. This agreement specifies the conditions under which the attorneys are retained, detailing their fees based on the outcome of the case—either settled out of court or resolved through a trial or appeal. Clients are responsible for covering reasonable expenses incurred by the attorneys, such as deposition costs and expert witness fees. A key feature includes the attorneys' lien on any recovered sum, ensuring they are compensated for their services and advances. The form emphasizes the client's obligations regarding settlements obtained without attorney consent and clarifies the terms of withdrawal or discharge of attorneys. It also includes a power of attorney clause allowing attorneys to execute necessary legal documents on behalf of the client. This contingency fee agreement is essential for attorneys, partners, associates, paralegals, and legal assistants, guiding them in structuring service fees, managing client expectations, and ensuring compliance with legal standards in Georgia.
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FAQ

Contingent Charges means expenditure which is incidental to the working of an office and includes all miscellaneous charges, other t h a n t hos e for e s t ablis hm e nt a n d t ravellin g allow ance which an officer is required to incur in connection with his duties; Sample 1.

The average contingency rate falls between 20-40%, with most lawyers charging around 33% to 35% of the total amount recovered in a case. The exact percentage can vary depending on the complexity of the case, the lawyer's experience, and the stage at which the case is resolved.

Rule 1.6 applies not merely to matters communicated in confidence by the client but also to all information gained in the professional relationship, whatever its source. A lawyer may not disclose such information except as authorized or required by the Georgia Rules of Professional Conduct or other law.

Rule 5.2 - Filing Requirements (1) Depositions and other original discovery material shall not be filed with the court unless or until required by the provisions of O.C.G.A.

Rule of Professional Conduct 1.7(a) states the general rule that “a lawyer shall not represent or continue to represent a client if there is a significant risk that the lawyer's own interests or the lawyer's duties to another client, a former client, or a third person will materially and adversely affect the ...

However, when a lawyer knows that a client proposes a course of action that is likely to result in substantial adverse legal consequences to the client, duty to the client under Rule 1.4: Communication may require that the lawyer act if the client's course of action is related to the representation.

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Contingency Fee Agreements In Georgia