Lawyer On Contingency Fee 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 designed for clients who wish to retain attorneys to handle cases of wrongful termination and similar claims. This agreement outlines the terms of the attorney-client relationship, including the percentage of compensation the attorney will receive based on the outcome of the case, whether settled out of court or brought to trial. Clients must also be aware of any ongoing costs and expenses that may arise during the litigation process, which are to be paid on a regular basis. Importantly, the agreement specifies that attorneys retain a lien on any recovery obtained, ensuring their fees are secured. The document also indicates that attorneys have the discretion to hire expert witnesses and associate counsel, with associated costs covered by the client. It provides guidelines on the potential withdrawal by attorneys and sets the expectations regarding outcomes, clarifying that success is not guaranteed. Legal professionals including attorneys, partners, associates, paralegals, and legal assistants will find this form essential for establishing clear terms and conditions of representation, protecting both parties' rights and responsibilities throughout the legal process.