Contingency In Law Define In King

State:
Multi-State
County:
King
Control #:
US-00442BG
Format:
Word; 
Rich Text
Instant download

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a legal document that outlines the terms under which a client retains an attorney to represent them in a lawsuit related to a wrongful termination claim. Key features include a detailed statement of employment, specifying the attorney's fees based on recovery outcomes, and provisions for costs and expenses incurred during the legal process. This form includes a lien provision that allows attorneys to claim fees from any settlement or judgment, and it also addresses the employment of experts and associate counsel. Attorneys are given the right to withdraw under certain conditions, while clients are obligated to pay fees even if they settle without attorney consent. The document emphasizes that no warranty of success is guaranteed and empowers attorneys to execute necessary documents on behalf of the client. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need a clear structure for managing contingency fees and ensuring lawful representation in litigation.
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FAQ

Adjective. dependent for existence, occurrence, character, etc., on something not yet certain; conditional (often followed by on or upon ): Our plans are contingent on the weather. liable to happen or not; uncertain; possible: They had to plan for contingent expenses.

: dependent on or conditioned by something else. Payment is contingent on fulfillment of certain conditions. a plan contingent on the weather. 2. : likely but not certain to happen : possible.

Contingency refers to an event that may or may not occur in the future. In other words, it depends on fulfillment of a condition, which is uncertain or incidental.

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.

Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.

A contingency is an event you can't be sure will happen or not. The noun contingency describes something that might or might not happen. We use it to describe an event or situation that is a possible outcome but one that's impossible to predict with certainty.

Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.

Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.

Contingency refers to an event that may or may not occur in the future. In other words, it depends on fulfillment of a condition, which is uncertain or incidental.

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Contingency In Law Define In King