Contingency Fee For Erc In Kings

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm is designed to facilitate the legal representation of clients seeking to prosecute claims, such as wrongful termination. This agreement outlines the terms under which clients engage attorneys, specifically detailing the percentage of the recovery that constitutes attorney fees based on the outcome of the case. Key features include provisions for additional costs incurred by the attorney, such as travel and expert witness fees, which the client must pay. The agreement also establishes attorneys' liens on any recovery to ensure their fees and costs are covered. Attorneys can hire associate counsel and expert witnesses at their discretion, and may withdraw from representation with proper notice while retaining rights to reimbursement for costs advanced. Importantly, the agreement emphasizes the lack of guarantees regarding case outcomes. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for client representation, detailing obligations and expected outcomes. It helps streamline the legal process by delineating financial agreements and responsibilities, essential for both client transparency and legal compliance.