Contingency Fee For Car Accident In Suffolk

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm in Suffolk is a legal document that outlines the terms under which a client hires attorneys for representation in a car accident claim. This agreement specifies the percentage of the net recovery that the client will pay the attorneys, categorizing fees based on whether the case is settled out of court or requires trial proceedings. It additionally covers costs and expenses, emphasizing that clients may need to reimburse the attorneys for necessary advances made for their legal representation. The agreement grants attorneys a lien on the recovery amount, ensuring their fees are secured upon settlement or judgment. Moreover, it addresses the employment of expert witnesses and associate counsel, providing attorneys with the discretion to hire necessary professionals to bolster the client’s case. It is important to note that while attorneys will strive for a favorable outcome, they do not guarantee success in achieving a settlement. The agreement also allows clients to settle their claim independently, albeit accompanied by an obligation to pay the agreed attorney fees. Finally, the contract is governed by the laws of the relevant state and underscores the importance of written modifications to the agreement. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants engaging in personal injury law, as it clarifies client-attorney relationships and fee structures in contingency cases.