Contingency Rules In New York

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm outlines the terms of employment between a client and their attorneys for legal representation, specifically in claims such as wrongful termination. Key features of the form include a clear stipulation of attorney fees based on the recovery percentage, which varies if the case is settled out of court, resolved by trial, or through an appeal. It also details the client’s responsibility for costs and expenses incurred by attorneys, highlighting how these expenses are handled and reimbursed. The agreement ensures attorneys have a lien on any recovered sums and can employ experts or associate counsel as needed. The document advises users that attorneys do not guarantee a favorable outcome, emphasizing the subjective nature of legal representation. Filling out the form requires the client's and attorneys' information, along with specific conditions regarding fee percentages and cost reimbursements. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, providing a structured format that simplifies the client-attorney relationship and clarifies the financial arrangements involved in legal proceedings.