Contingency Fee Agreement Sample For Attorney In Illinois

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

Description

The Contingency Fee Agreement sample for attorney in Illinois is a crucial legal document that outlines the relationship between a client and their attorneys regarding the handling of a claim, specifically wrongful termination in this example. This agreement stipulates that the attorneys will receive a specified percentage of the net recovery based on whether the matter is settled out of court or resolved through trial and potential appeal. It emphasizes that clients are responsible for reasonable costs and expenses incurred during the representation, which may be billed on a set schedule. Additionally, the document grants attorneys certain rights, including a lien on any recovery and the ability to withdraw from representation under specific circumstances. The form is designed to protect both parties by clearly delineating expectations and responsibilities. This agreement is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants for its straightforward stipulations regarding fee structures, cost management, and representation terms. By employing this form, legal professionals can ensure compliance with the relevant laws in Illinois, manage client expectations effectively, and establish a clear framework for their working relationship.