Contingency In Law Terms In Washington

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

Description

The Contingency Fee Agreement with an Attorney or Law Firm is a legal document utilized primarily in Washington to outline the terms under which an attorney is retained on a contingency basis. This agreement is specifically designed for cases such as wrongful termination claims, specifying the percentage of recovery that the attorney will receive depending on the outcome of the case—whether settled out of court, resolved through trial, or after an appeal. Key features include the stipulation of costs and expenses to be paid by the client, the potential for attorneys to employ experts and associate counsel, and the establishment of attorneys' liens on any recovered amounts. This form requires careful filling out, including clear descriptions of the claim, attorney fees, and payment terms. The target audience—attorneys, partners, owners, associates, paralegals, and legal assistants—will find this agreement instrumental in defining their roles, responsibilities, and expected compensation in client cases. It also emphasizes that attorneys cannot guarantee a successful outcome, thus ensuring clients understand the nature of legal representation. Overall, the agreement serves to protect the interests of both the client and the attorneys, ensuring clarity in their professional relationship.