Contingency Fee For In Harris

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a legal document that outlines the terms and conditions under which a client retains an attorney to pursue a claim, specifically for wrongful termination in this case. Key features include the precise percentage of net recovery that the attorney will receive depending on whether the claim is settled out of court, through trial, or after an appeal. The agreement also stipulates that the client is responsible for costs and expenses incurred by the attorney, which may be advanced and billed periodically. Additionally, it grants the attorney a lien on any recovery amounts and allows for the employment of experts or associate counsel as needed, with costs passed on to the client. It is essential for the client to understand that the attorney does not guarantee a favorable outcome and that if the client settles independently, they still owe attorney fees. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in managing client relationships, setting financial expectations, and ensuring compliance with legal fee arrangements.