Contingency Fee For Erc In Santa Clara

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm outlines the terms under which a client retains legal representation for a claim, specifically detailing the contingency fee structure for cases like wrongful termination. The agreement specifies the percentage of net recovery that clients will owe attorneys, based on whether the claim is settled pre-trial, during trial, or after an appeal. Additionally, it explains the responsibilities for covering reasonable costs and expenses that attorneys may incur while advancing the client's case, as well as the implications of attorney liens on any recovery. There are provisions for employing expert witnesses and associate counsel, allowing attorneys flexibility while keeping associated costs clear to the client. This form is particularly useful for attorneys, legal partners, and associates as it provides a standard framework for establishing payment expectations and legal obligations. Paralegals and legal assistants can benefit from familiarizing themselves with this structure to effectively communicate and manage client interactions, ensuring clarity in fee arrangements and services provided.