Contingency Fee For Lawyers 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 outlining the terms of representation between a client and their attorney in Texas. This agreement is particularly relevant when the client seeks to pursue a wrongful termination claim, allowing attorneys to manage negotiations and legal proceedings on the client's behalf. Key features include specified percentages for attorney fees based on the nature of the case's resolution—whether settled out of court, resolved through trial, or after an appeal. The document also states that clients are responsible for reimbursing attorneys for necessary costs and disbursements incurred during the claim process. It empowers attorneys to retain a lien on the recovery amount as compensation and facilitates the hiring of expert witnesses as needed. The agreement emphasizes that attorneys make no guarantees regarding case outcomes while protecting both parties’ rights through clauses addressing withdrawal and substitution of attorneys. This form is useful for attorneys, partners, associates, paralegals, and legal assistants as it provides a structured approach for managing client relationships and expectations regarding legal fees and representation.