Contingency Fee Agreement Example In Illinois

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

Description

The Contingency Fee Agreement example in Illinois is a legal document that outlines the terms of engagement between a client and attorneys for the prosecution of a claim, specifically wrongful termination. This agreement specifies the percentage of net recovery that the client will pay as attorney fees, depending on whether the matter is settled out of court, resolved through trial, or follows an appeal. Additionally, it addresses the costs and expenses associated with the case, including those for expert witnesses and investigators, which the client is responsible for reimbursing on a set schedule. The form also includes provisions for attorney's liens, retention of fees, withdrawal rights, and the client’s obligations in case of settling without attorney consent. This agreement is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for compensation and responsibilities, helping to manage expectations and ensure compliance with legal standards. The document is designed to be accessible for users with varying legal experience, using plain language and structured sections for ease of understanding.