Contingency Fee For In Salt Lake

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a critical document used in Salt Lake for setting the terms of engagement between a client and their attorney. This agreement outlines how the attorney will be compensated, typically based on a percentage of the net recovery from a legal claim, such as wrongful termination. Notably, this form caters specifically to cases resolved out of court, through trial, or following an appeal, emphasizing the flexible payment structure that adapts to the outcome of the case. Legal costs and expenses incurred by the attorney, which may include deposition fees and expert witness costs, are also addressed and must be covered by the client. Attorneys are granted a lien on any recovery to secure their fees and advanced costs, ensuring their interests are protected. The document allows attorneys discretion in employing experts and associate counsel as needed. Additionally, it contains clauses about client discharge of attorneys and self-settlement of claims, emphasizing attorneys' rights to compensation for their services even in those scenarios. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for establishing fee structures while ensuring compliance with relevant legal standards.