Arkansas Attorney Fee Contract - Contingency - 50%

State:
Multi-State
Control #:
US-PI-0309
Format:
Word; 
Rich Text
Instant download

Description

This form is a attorney-client contract agreement based upon a contingency fee. The amount of the contingency fee is 50% of any recovery.
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FAQ

US OGE. The term ?contingency fee? refers to a type of fee arrangement in a case in which an attorney or firm agrees that the payment of legal fees will be contingent upon the successful outcome of the case.

Download Table Data StateAttorney Fees (High Avg.)Attorney Fees (Low Avg.)Arkansas$300$150Indiana$300$195Iowa$300$195Maryland$300$15046 more rows

To sit for the Arkansas Bar Exam, you must be a United States citizen, be admitted for permanent residence, or otherwise be authorized to work or study in the US. You must also have graduated with a Juris Doctorate (JD) from a law school accredited by the American Bar Association (ABA).

Rule 5.5 - Unauthorized Practice of Law, Multijurisdictional Practice of Law (a) A lawyer shall not practice law in a jurisdiction in violation of the regulation of the legal profession in that jurisdiction, or assist another in doing so.

A typical contingency fee percentage is anywhere from 30 to 40% of your recovery. Your contingency fee agreement will set out the exact percentage. These percentages are often staggered so that your lawyer will get a higher percentage if the case goes to trial ? which requires more time and work for their law firm.

What is the hourly rate of a lawyer in Arkansas? The hourly rate for a lawyer in Arkansas is between $523 and $151 per hour, with the average being $242.

Topping the list of the country's most expensive lawyers is Kirkland & Ellis partner Kirk Radke. The private equity and corporate counsel bills $1,250 per hour.

StateLawyersLawyers per 1,000 populationArkansas6,8082.3Arizona15,8052.2Idaho4,0472.2North Dakota1,6852.247 more rows

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Arkansas Attorney Fee Contract - Contingency - 50%