Contingency Agreement With Attorney In North Carolina

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

Description

The Contingency Agreement with Attorney in North Carolina is a legal document that outlines the terms of representation between a client and their attorney. This agreement allows the attorney to prosecute a claim for the client, such as wrongful termination, while receiving payment contingent on the recovery amount. Key features include clearly defined attorney fees, with percentages varying based on whether the matter settles out of court or requires trial, as well as stipulations on costs and advanced expenses the client is responsible for. It further includes provisions for attorneys' liens, employment of experts, and scenarios involving withdrawal or substitution of attorneys. Filling out this form requires users to specify fee percentages and details regarding the claim, and it should be kept updated with any modifications agreed upon. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it facilitates a clear understanding of fee structures and client expectations, ensuring compliance with North Carolina legal standards.