Attorney For Contingency Basis In Texas

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

Description

The Contingency Fee Agreement With An Attorney Or Law Firm is a legal document used in Texas that outlines the relationship between a client and their attorney when pursuing a claim, particularly a wrongful termination case. This agreement establishes that attorneys will be compensated based on a percentage of the net recovery from the claim, which varies depending on whether the matter is settled out of court, resolved in trial, or settled after an appeal. The form also stipulates that clients are responsible for costs and expenses incurred during the legal process, and attorneys have the right to retain a lien on any recovered amounts. It allows attorneys leeway to utilize expert witnesses and associate counsel at their expense. For the target audience, including attorneys, partners, and legal assistants, the form provides clear guidelines for filling out the agreement and sections that detail the rights and obligations of both parties, making it a practical tool for managing contingency fee arrangements.