Contingency In Law Meaning In King

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

The Contingency Fee Agreement with an Attorney or Law Firm serves as a contract between a client and their attorney outlining the terms of legal representation for claims like wrongful termination. Central to this agreement is the concept of 'contingency' in law meaning in King, where the attorney's fees are contingent upon the outcome of the case, typically a percentage of the net recovery. Key elements include provisions for attorney fees based on settlement or trial outcomes, handling of costs and expenses incurred, the possibility of attorney withdrawal, and implications if the client settles without attorney consent. Users must fill in relevant information such as the client's details, the nature of the claim, and specific percentages for fees. The agreement requires the client to acknowledge that attorneys will not guarantee a favorable outcome and grants them power of attorney for necessary document execution. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, providing a clear framework for managing contingent legal cases effectively.
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FAQ

: 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.

A contingency is a possible future but can't be predicted with certainty.

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.

Contingency planning means preparing an organization to be ready to respond effectively in the event of an emergency. It is an important part of the IFRC's work supporting National Society preparedness.

(a) "Contingency," as used in this subpart, means a possible future event or condition arising from presently known or unknown causes, the outcome of which is indeterminable at the present time.

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.

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Contingency In Law Meaning In King