Contingency Fee Agreement Sample With Client In Wake

State:
Multi-State
County:
Wake
Control #:
US-00442BG
Format:
Word; 
Rich Text
Instant download

Description

The Contingency Fee Agreement Sample with Client in Wake is a legal document that outlines the terms under which a client employs an attorney for legal representation in a claim, such as wrongful termination. This agreement specifies the attorney's fees, which are based on a percentage of the recovery amount, and delineates the conditions for payment based on whether the case settles out of court, goes to trial, or involves appeals. The document also addresses costs and expenses associated with the case, which are the client's responsibility and can be advanced by the attorney. Additionally, it gives attorneys a lien on any recovery, ensuring their fees are paid before the client receives any settlement. The form also allows attorneys to hire associate counsel and expert witnesses at the client's expense, emphasizing the importance of client consent for settlements. This agreement is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants as it defines the professional relationship between the client and the attorney, clarifying each party's rights and obligations. Proper filling and editing of this document are essential to ensure clear communication and compliance with legal standards.
Free preview
  • Preview Contingency Fee Agreement with an Attorney or Law Firm
  • Preview Contingency Fee Agreement with an Attorney or Law Firm
  • Preview Contingency Fee Agreement with an Attorney or Law Firm

Form popularity

FAQ

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.

It provides: “Use the singular possessive case 'attorney's fees' (not 'attorneys'') in the term 'attorney's fees,' even though in the particular case more than one attorney may be involved.” OFF. OF THE REP. OF DECISIONS, THE SUPREME COURT'S STYLE GUIDE § 10.3 (Jack Metzler ed., 2016).

What Is a Contingency? A contingency is a potential occurrence of a negative event in the future, such as an economic recession, natural disaster, fraudulent activity, terrorist attack, or a pandemic.

For example, if you sell your apples from your orchard when the trees are yet to produce apples, the apples are a contingent good.

Trusted and secure by over 3 million people of the world’s leading companies

Contingency Fee Agreement Sample With Client In Wake