Contingency Agreement Example In San Antonio
Category:
State:
Multi-State
City:
San Antonio
Control #:
US-00442BG
Format:
Word;
Rich Text
Instant download
Description
The Contingency Fee Agreement with an Attorney or Law Firm is designed for clients hiring legal representation, particularly for wrongful termination claims in San Antonio. This document outlines the client's responsibilities, the fee structure for the attorneys, and conditions under which fees are applied based on the outcome of the case. It specifies a tiered fee system where the percentage varies depending on whether the case is settled out of court, tried, or appealed. Additionally, it details the client's obligation to cover costs incurred by the attorneys, including travel and expert witness fees. The agreement allows attorneys to employ additional experts and associate counsel as needed. Key features include a lien on any recovery amount, conditions for withdrawal or discharge of attorneys, and stipulations on client settlements made without attorney consent. This form is primarily beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants who assist in drafting and managing client agreements, ensuring clarity in attorney-client relationships, and protecting legal interests during the litigation process.
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FAQ
The average contingency rate falls between 20-40%, with most lawyers charging around 33% to 35% of the total amount recovered in a case. The exact percentage can vary depending on the complexity of the case, the lawyer's experience, and the stage at which the case is resolved.
Contingency Contract Examples If you fail to secure the financing within the stipulated period, either party may terminate the contract without any legal consequences. Another simple example is a child who agrees with their parent that they would receive a new bicycle if they receive an A in a specific class.
