Contingency Fee Agreement Sample With Attorney Fees In King
Category:
State:
Multi-State
County:
King
Control #:
US-00442BG
Format:
Word;
Rich Text
Instant download
Description
The Contingency Fee Agreement Sample With Attorney Fees in King is a legal document that establishes the terms of engagement between a client and attorneys representing them in a wrongful termination claim. This agreement specifies the attorney fees, which are contingent upon the net recovery from the case, with different percentages applied depending on whether the matter is settled, goes to trial, or requires an appeal. It outlines additional costs for services and expenses that may be incurred during the representation, with clarity on payment schedules. Attorneys have a lien on any recovery, ensuring they are compensated for their services. The document allows for the retention of associate counsel and the employment of expert witnesses, detailing how their fees will be managed. Importantly, it protects the rights of attorneys in cases of client discharge or settlement without consent. The form serves as a crucial tool for attorneys, partners, owners, associates, paralegals, and legal assistants to ensure everything is documented and agreed upon, fostering a clear understanding of financial obligations and expectations.
Free preview
Form popularity
FAQ
Contingent fees create an undue emphasis on the extent of the plaintiff's damages, and they encourage the filing and prosecution of cases with large damages but little negligence.
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.
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.
