Law Firm Form With Longest Name In Illinois

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

Description

The document titled "Contingency Fee Agreement With An Attorney Or Law Firm" serves as a formal contract between a client and their attorneys, detailing the terms of employment and compensation related to a wrongful termination claim. This agreement highlights important features such as the percentage of net recovery to be paid to attorneys depending on whether the case is settled before trial, during trial, or after an appeal. Key provisions include the advancement of costs and expenses incurred by attorneys, the establishment of an attorney's lien on any recovered settlement, and the ability for attorneys to hire expert witnesses and associate counsel at their discretion. Additionally, the agreement outlines the client’s responsibilities in the case of a settlement secured independently and provides for the attorneys' ability to withdraw from representation under certain conditions. This form is particularly useful for attorneys, partners, and associates who seek to clarify fee arrangements with clients and ensure proper management of legal costs. Paralegals and legal assistants can use it as a reference to understand contingency fee structures and facilitate discussions with clients regarding their claims.