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Contingency Fee Agreement with an Attorney or Law Firm

Contingency In Law Define In Orange

Q: How do you explain a contingency?

A contingency is an event you can&#039;t be sure will happen or not. The noun contingency describes something that might or might not happen. We use it to describe an event or situation that is a possible outcome but one that&#039;s impossible to predict with certainty.

Q: What is the simple definition of contingency?

A contingency is an event you can&#039;t be sure will happen or not. The noun contingency describes something that might or might not happen. We use it to describe an event or situation that is a possible outcome but one that&#039;s impossible to predict with certainty.

Category:

Attorneys - Fee Agreements

State:

Multi-State

County:

Orange

Control #:

US-00442BG

Format:

Instant download

Description

The Contingency Fee Agreement With An Attorney Or Law Firm outlines the terms of the attorney-client relationship regarding representation in legal claims, specifically wrongful termination. The agreement details the percentage of net recovery that the client will pay the attorney based on whether the case is settled pre-trial, at trial, or post-appeal. It also specifies that clients are responsible for reasonable costs incurred by the attorney during representation, which must be paid on an agreed basis. Importantly, the agreement grants the attorney a lien on any recovery, ensuring their fees are secured. Attorneys may employ experts and associate counsel at their discretion, with associated costs borne by the client. The client consents to a power of attorney for the attorney to execute necessary documents. There are provisions for withdrawal and discharge of attorneys, protecting their rights to fees even if the client changes representation. Notably, attorneys make no guarantees regarding the outcome of the case. This form is beneficial for attorneys and legal professionals as it clarifies the financial arrangements, enhances fee recovery assurance, and establishes a structured process for handling costs and representation duties.

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FAQ

Contingency refers to an event that may or may not occur in the future. In other words, it depends on fulfillment of a condition, which is uncertain or incidental.

Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.

A contingency plan is a course of action designed to help an organization respond effectively to a significant future incident, event or situation that may or may not happen.

Contingency implies an emergency or exigency that is regarded as possible but uncertain of occurrence. pinch implies urgency or pressure for action to a less intense degree than exigency or emergency. strait, now commonly straits, applies to a troublesome situation from which escape is extremely difficult.

A contingency is an event you can't be sure will happen or not. The noun contingency describes something that might or might not happen. We use it to describe an event or situation that is a possible outcome but one that's impossible to predict with certainty.

A contingency is something that might happen in the future. formal I need to examine all possible contingencies. Synonyms: possibility, happening, chance, event More Synonyms of contingency.

Contingent adj 1 : likely but not certain to happen compare executory. 2 : intended for use in circumstances not completely foreseen a fund 3 : dependent on or conditioned by something else a claim a legacy on the marriage compare vested.

Contingency refers to an event that may or may not occur in the future. In other words, it depends on fulfillment of a condition, which is uncertain or incidental.