Contingency In Law Terms 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 is a vital legal document that outlines the terms of engagement between a client and their attorney for claims such as wrongful termination. This agreement defines the contingency fee structure, which allows the attorney to receive a percentage of the net recovery if the case is settled or won, indicating clear terms for different scenarios such as out-of-court settlements and trials. Clients are responsible for reasonable costs incurred during the case, including expert witness fees and necessary disbursements, which are to be paid on a specified schedule. The attorneys are granted a lien on any recovery, ensuring they are compensated before the client receives any funds. Additionally, the agreement includes provisions for the employment of expert witnesses and associate counsel, giving attorneys the discretion to effectively manage the case. Importantly, the agreement states that attorneys have the right to their full fee even if the client discharges them before a settlement is reached. Targeted towards attorneys, partners, owners, associates, paralegals, and legal assistants, this form provides a clear framework for representation, ensuring that all parties are aware of their rights and obligations while navigating complex legal proceedings.