Contingency Fee Agreement Form For Attorney In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00442BG
Format:
Word;
Rich Text
Instant download
Description
The Contingency Fee Agreement Form for Attorney in Wake is a legal document that outlines the terms between a client and an attorney regarding representation for a specific legal claim, such as wrongful termination. This form specifies the percentage of fees that the attorney will receive based on different outcomes, including separate percentages for settlements out of court, trials, and appeals. It also articulates the costs and expenses that may be incurred during the process, which the client must cover as they arise. The agreement grants attorneys a lien on any recovery obtained, ensuring their fees and advanced costs are prioritized. Additionally, it allows attorneys to appoint associate counsel and employ expert witnesses as needed without extra costs to the client in most circumstances. This form provides essential information regarding the attorney's right to withdraw and the client's responsibilities if they settle without attorney involvement. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, ensuring clarity in the attorney-client relationship and outlining expectations for both parties involved.
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FAQ
The Most Common Cases that Do Not Operate on Contingency Fees Criminal defense cases. Divorce attorneys. Family law attorneys. Domestic relations cases. Business-related cases. Contracts and closings.
The average contingency rate falls between 20-40%, with most lawyers charging around 33% to 35% of the total amount recovered in a case. The exact percentage can vary depending on the complexity of the case, the lawyer's experience, and the stage at which the case is resolved.
