Contingency Fee Agreement Sample Format In Los Angeles

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

Description

The Contingency Fee Agreement Sample Format in Los Angeles is a formal document that outlines the relationship between a client and their attorney regarding legal representation, particularly for cases of wrongful termination. This agreement details the attorney's fees based on a percentage of the net recovery, clarifying the financial obligations for both out-of-court settlements and trial outcomes. It specifies the coverage of reasonable costs incurred during representation, including expert witness fees and necessary disbursements, to be reimbursed by the client. The document also includes provisions for the attorney's lien on recovery, ensuring that attorneys can recoup their fees and costs from settlement proceeds. Important sections address the authority granted to attorneys, including the ability to employ expert witnesses and associate counsel, as well as the conditions under which an attorney may withdraw from representation. The agreement emphasizes that attorneys do not guarantee a favorable outcome for the case. This form is vital for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for establishing terms of service and financial agreements with clients, ensuring compliance with applicable laws and protecting the rights of both parties.