Contingency Agreement Sample With Cost In Philadelphia

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a legal document used to establish the terms of representation between a client and their attorney for wrongful termination claims in Philadelphia. This agreement outlines how the attorney's fees are calculated based on the percentage of the net recovery, depending on whether a settlement is reached out of court or through trial. The agreement also specifies that a lien will be placed on any recovery to secure the attorney's fees and expenses. It requires clients to reimburse attorneys for any advanced costs, which may include expert witness fees and travel expenses. The document allows for the employment of associate counsel and ensures that attorneys can withdraw from representation under certain conditions without forfeiting their right to fees. Importantly, attorneys do not guarantee a favorable outcome for the client, emphasizing the inherent uncertainties in legal proceedings. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants to ensure clear expectations and responsibilities in client representation.