Contingency Law In A Sentence In Wayne

State:
Multi-State
County:
Wayne
Control #:
US-00442BG
Format:
Word; 
Rich Text
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Description

The Contingency Fee Agreement with an Attorney or Law Firm allows a client to retain legal representation on a contingency basis, specifically relating to claims such as wrongful termination. Under this agreement, clients are informed about attorneys' fees, which are typically a percentage of the net recovery from the case, depending on the resolution process—settlement, trial, or appeal. It outlines that reasonable costs and expenses incurred by the attorneys during the case will be the responsibility of the client, and these will be billed on a specified schedule. The agreement empowers attorneys to negotiate settlements and execute necessary legal documents on behalf of the client. It also addresses scenarios involving the discharge of attorneys and the conditions surrounding fee retention. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured framework for contingency arrangements, ensuring both parties have clear expectations regarding compensation and responsibilities. Filling out this agreement requires attention to details such as the client's name, the description of the claim, and the agreed percentage of fees, thus necessitating careful attention and potentially proper legal guidance during completion.
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FAQ

Contingency refers to an event that may or may not occur in the future. In other words, it depends on fulfillment of a condition, which is uncertain or incidental.

It needs to carefully consider its contingency plans. We have to have a contingency plan and be ready for the next emergency. He says work is going on to ensure contingency measures are in place. So it is a sensible contingency plan for doctors to come back into practice if they want to.

A contingency is something that might happen in the future. formal I need to examine all possible contingencies. Synonyms: possibility, happening, chance, event More Synonyms of contingency.

Contingency refers to an event that may or may not occur in the future. In other words, it depends on fulfillment of a condition, which is uncertain or incidental.

Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.

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.

Contingency refers to a plan of action taken as a response to such a situation. An example of a correctly used sentence is: “The success of the project depends on the contingent contingencies established.” It means that the project's outcome relies on the conditions put in place beforehand.

Steps in Creating a Contingency Plan Create a contingency policy. Identify resources. Identify key risks. Prioritize risk impact. Draft a contingency plan. Share the plan. Test the plan. Review and update the plan.

The group that makes up the largest contingent of voters in this area is the elderly. A contingent of reporters waited in front of the court for the defendant to appear. A British contingent was sent to assist the security forces.

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Contingency Law In A Sentence In Wayne