Contingency Agreement Sample With Cost In Montgomery

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a comprehensive legal document designed to outline the terms of representation between a client and their attorney in cases such as wrongful termination. This agreement specifies the attorney's fees, which are contingent on the outcome of the case, detailing the percentage of the net recovery payable to the attorneys based on whether the matter is settled out of court or resolved through trial or appeal. The form also covers costs and expenses associated with the legal process, which the client agrees to reimburse. Key features include provisions for attorneys' liens, the power of attorney given to attorneys to execute necessary documents, and conditions for attorneys' withdrawal from representation. This agreement serves as a crucial tool for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for the financial obligations of clients while ensuring that attorneys can recover their costs and fees in a structured manner. It helps mitigate misunderstandings and establishes the rights and responsibilities of each party, ultimately contributing to a smoother legal process.