Contingency Attorney Fees In Wake

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a crucial legal document outlining the terms of employment between a client and their attorneys in Wake. This form specifies that attorneys will receive a percentage of the net recovery if the client's claim for wrongful termination is settled out of court, resolved through trial, or subject to appeal. Key features include provisions for reasonable costs, expenses, and the entitlement of attorneys to a lien on any recovery. The form allows attorneys to employ experts and associate counsel at their discretion, with predefined reimbursement terms for the client. It also addresses conditions under which attorneys may withdraw and the implications of a client settling independently. This agreement is highly relevant for attorneys, partners, owners, associates, paralegals, and legal assistants as it clearly establishes the legal and financial framework for handling contingency fees, ensuring clarity and support for all parties involved. By executing this form, clients can effectively engage legal representation while understanding their financial obligations and rights.