Contingency With Lawyer 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 legal document that outlines the terms of employment between a client and their attorney, particularly in cases of wrongful termination. This agreement empowers attorneys to negotiate and prosecute claims on behalf of the client, while detailing the percentage of fees based on the outcome of the case. Clients will pay a specified percentage of the net recovery depending on whether the matter settles out of court, proceeds to trial, or goes through an appeal. The agreement also addresses costs and expenses incurred by the attorney, which the client must reimburse. It includes provisions for attorneys' liens and the use of expert witnesses, ensuring that attorneys can secure payment for their services and expenses. Additionally, the form allows for the potential withdrawal of attorneys and stipulates that clients must compensate attorneys even if they settle the claim independently. This form is essential for attorneys, partners, owners, associates, paralegals, and legal assistants as it clarifies roles, expectations, and financial arrangements for legal representation in contingency cases.