Contingency In Agreement 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 is a crucial legal document used to outline the terms of representation between a client and their attorneys. This agreement primarily revolves around the prosecution of a wrongful termination claim, detailing the client's consent for the attorneys to negotiate settlements and file necessary legal actions. Key features of the agreement include specified percentages for attorney fees based on the outcome of the case, a provision for costs and expenses incurred by the attorneys, and a lien on any recovery amount secured. Additionally, it allows attorneys to employ expert witnesses and associate counsel as needed to bolster the case, with provisions for fees related to these experts. Importantly, the agreement stipulates the processes for attorney withdrawal, conditions for client-initiated settlements, and emphasizes that no favorable outcome is guaranteed by the attorneys. This document is essential for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured framework for client representation, ensuring mutual understanding of financial obligations and the scope of legal services rendered.