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1. ?Fee agreement? as used throughout the opinion is the generic term for the various types of written contracts between lawyers and clients detailing the terms of representation, also referred to as engagement letters and retention, representation, or retainer agreements.
The fee agreement process is one of the two processes an appointed attorney or non-attorney representative may use to obtain authorization to charge and collect a fee for services he or she provided to a claimant in proceedings before the Social Security Administration (SSA).
In SSDI and SSI cases, since the SSA sets the fee cap, your attorney cannot charge more than 25% or the cap of $7200. You should be aware that most SSDI and SSI cases do not have a large back benefit. Therefore, in most cases the attorney fee will be around $3,000 to $4,000, which would be 25% of the back benefit.
The representative may petition for a fee. A named third party will pay the representative a fee equal to the lesser of 25 percent of the past-due benefits or the specified dollar amount (e.g., $7,200), and the claimant will have no financial liability for paying the authorized fee.