Contingency Fee For Insurance In Riverside

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm outlines the terms between a client and their attorneys for handling a claim, specifically in wrongful termination cases. This document specifies that the client will pay the attorneys a percentage of any net recovery, with different rates for trials and appeals. It also details responsibilities regarding advancing costs and expenses, which the client will ultimately be responsible for on a specified payment schedule. The agreement grants attorneys a lien on any recovery to secure their fees and advanced costs. Attorneys have the discretion to employ experts and associate counsel as needed, with costs to be covered by the client. A notable provision is that attorneys retain their fee entitlement even if they are discharged before a resolution. The agreement emphasizes that there are no guarantees on outcomes, and the client provides attorneys power of attorney to execute necessary documentation. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it clearly delineates their roles, responsibilities, and financial arrangements, thereby facilitating smoother legal proceedings in Riverside.