Contingency In Law Define In Phoenix

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm defines the legal relationship between a client and their attorney in Phoenix, specifically pertaining to the handling of legal claims, such as wrongful termination. This form outlines the scope of employment for attorneys, including their authority to negotiate settlements and file legal actions on behalf of the client. Key features include the specified percentages for attorney fees based on the recovery outcome, which varies if the case is settled out of court, resolved in trial, or ordered following an appeal. The agreement also addresses costs and expenses that are the client's responsibility, along with terms for attorneys' liens on any recovered amounts. Attorneys have the discretion to employ experts or associate counsel, with the associated costs covered by the client. The agreement emphasizes that attorneys are not liable for guaranteeing a favorable outcome and includes a clause for retention of fees even if the client discharges them. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured approach for securing legal representation while outlining the financial parameters and responsibilities involved.