Contingency Fee For Erc In Tarrant

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

Description

The Contingency Fee Agreement With An Attorney Or Law Firm outlines the terms under which clients retain attorneys to prosecute claims, particularly focusing on wrongful termination in Tarrant. Key features include a percentage of the net recovery designated as attorney fees, dependent on whether the case settles out of court or proceeds to trial or appeal. Clients are responsible for reimbursing reasonable costs incurred by attorneys, such as expert witness fees and deposition costs. The agreement grants attorneys a lien on any settlement or judgment recovered and delineates the conditions under which the representation can be terminated or withdrawn. Attorneys also have the discretion to employ associate counsel and expert witnesses to assist in the case. The utility of this form is significant for legal professionals like attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a standardized structure for fee agreements that are clear and enforceable, ensuring both parties understand their responsibilities and the potential outcomes of their legal engagement.