Contingency Under Law In Palm Beach

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a contract outlining the terms under which a client retains legal representation, specifically in wrongful termination claims. This document defines the payment structure for attorneys' fees, where fees are contingent on the recovery amount, specifying different percentages for out-of-court settlements, trials, and appeals. It also addresses costs and expenses that may be incurred, outlining that these will be reimbursed by the client. Importantly, it grants attorneys a lien on any recovery, ensuring they are compensated for their services. The agreement allows attorneys to hire experts and associate counsel as needed, clarifying their authority over case management. Legal professionals can utilize this form efficiently by ensuring it is completed with accurate information regarding the parties involved and the specifics of the claim. It benefits attorneys, partners, owners, associates, paralegals, and legal assistants by providing a clear framework for client agreements, ensuring both parties understand their responsibilities and the potential outcomes of the legal proceedings.