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The Contingency Removal Form with decimals in Salt Lake serves as an essential legal document for clients engaging attorneys to represent them in claims, such as wrongful termination. This form details the percentage of attorney fees based on the recovery achieved, stipulating specific rates for out-of-court settlements, trial outcomes, and appeals. The client authorizes the attorneys to negotiate settlements, and the form includes provisions for costs and expenses incurred during the representation, ensuring transparency in financial obligations. Additionally, attorneys hold a lien on any recoveries until fees and costs are settled. The form allows attorneys to hire expert witnesses and associate counsel at their discretion, with the understanding that fees will be reimbursed by the client. It mandates that attorneys retain a share of any settlement or judgment, regardless of any potential discharge by the client. Importantly, the form specifies that attorneys do not guarantee favorable outcomes, encouraging clients to understand the inherent uncertainties in legal proceedings. This comprehensive document is particularly valuable for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in managing client relationships and facilitating legal processes.
The buyer has to provide one, or more, signed Contingency Removal forms. Each one removing, or more, of the contract contingencies. Once the buyer has removed all of them in writing, they may no longer receive a refund of their deposit.
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