Contingency By Law Definition In Virginia

State:
Multi-State
Control #:
US-00442BG
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Word; 
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Description

The Contingency Fee Agreement with an Attorney or Law Firm defines the terms under which a client hires an attorney to represent them in a claim, particularly concerning wrongful termination. In Virginia, a contingency fee means that attorneys only get paid if the client is successful in recovering damages, with specific percentages outlined for different outcomes, such as pre-trial settlements and trial victories. This form clarifies the responsibilities of both the client and the attorney, including payment for costs incurred during the legal process. Key features include provisions for attorney fees, costs and expenses, and attorney liens on the recovery amount. Filling instructions involve specifying the client's details, attorney's details, and the specific percentages regarding fees. For attorneys, partners, and associates, this form provides a standard procedure for legally binding client agreements, while paralegals and legal assistants can use it to facilitate client intake and ensure compliance with legal standards. This agreement also highlights the implications of discharging an attorney and the ability for attorneys to withdraw under certain conditions, ensuring clarity for all parties involved.
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"Certified pollution control equipment and facilities" means any property, including real or personal property, equipment, facilities, or devices, used primarily for the purpose of abating or preventing pollution of the atmosphere or waters of the Commonwealth and which the state certifying authority or subdivision ...

§ 58.1-520. "Debtor" means any individual having a delinquent debt or account with any claimant agency which obligation has not been satisfied by court order, set aside by court order, or discharged in bankruptcy.

No recordation tax shall be required for the recordation of any deed of gift between a grantor or grantors and a grantee or grantees when no consideration has passed between the parties. Such deed shall state therein that it is a deed of gift.

The Tax Commissioner may compromise and settle doubtful or disputed claims for taxes or tax liability of doubtful collectibility. An offer in compromise shall be deemed accepted only when the taxpayer is notified in writing of the acceptance by the Tax Commissioner.

Every corporation subject to taxation under this chapter shall make a declaration of estimated tax for the taxable year if its income tax imposed by this chapter, for such taxable year, reduced by any credits allowable against the tax, can reasonably be expected to exceed $1,000.

Contingency refers to an event that may or may not occur in the future. In other words, it depends on fulfillment of a condition, which is uncertain or incidental.

The contingency rules theory assumes that: (I) compliance-gaining and com- pliance-resisting activities are governed antecedently by jive varieties of sev- evaluative and adaptive contingency rules; (2) the actual contexts where social influence agents interact determine the configuration of rules governing their ...

Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.

In logic, contingency is the feature of a statement making it neither necessary nor impossible. Contingency is a fundamental concept of modal logic. Modal logic concerns the manner, or mode, in which statements are true. Contingency is one of three basic modes alongside necessity and possibility.

The contract is characterized as "contingent" because the terms are not final and are based on certain events or conditions occurring. A contingent contract can also be viewed as protection against a future change of plans.

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Contingency By Law Definition In Virginia