Contingency By Law Definition In Riverside

State:
Multi-State
County:
Riverside
Control #:
US-00442BG
Format:
Word; 
Rich Text
Instant download

Description

The Contingency Fee Agreement with an Attorney or Law Firm defines the terms under which a client engages attorneys to represent them in a wrongful termination claim. This agreement specifies how attorneys will be compensated based on the outcome of the case, detailing percentages of net recovery for out-of-court settlements, court trials, and appeals. It outlines the responsibilities of both parties, including advancing costs and expenses, employing experts, and the conditions under which attorneys can withdraw or continue representation. The document also includes provisions for attorneys' liens on recovered sums and emphasizes the lack of guaranteed outcomes in legal proceedings. This form is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a structured approach to handling contingency cases, ensuring clarity in financial arrangements and responsibilities. Users benefit from the clear guidelines on fee structures and necessary legal actions, facilitating better communication and expectations between clients and legal representatives.
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FAQ

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.

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 is a potential occurrence of a negative event in the future, such as an economic recession, natural disaster, fraudulent activity, terrorist attack, or a pandemic.

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.

/kənˈtɪn.dʒənt/ contingent on/upon something. depending on something else in the future in order to happen: Outdoor activities are, as ever, contingent on the weather.

The Most Common Cases that Do Not Operate on Contingency Fees Criminal defense cases. Divorce attorneys. Family law attorneys. Domestic relations cases. Business-related cases. Contracts and closings.

When an event or situation is contingent, it means that it depends on some other event or fact. For example, sometimes buying a new house has to be contingent upon someone else buying your old house first.

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.

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Contingency By Law Definition In Riverside