West Virginia Sample Letter for Explanation of Attorneys Fees and Settlement Payment

• Category: Letters - Legal - Attorneys Fees
• State: Multi-State
• Control #: US-0046LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

West Virginia Sample Letter for Explanation of Attorneys Fees and Settlement Payment [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Law Firm Name] [Law Firm Address] [City, State, Zip Code] Subject: Explanation of Attorneys Fees and Settlement Payment Dear [Recipient's Name], I hope this letter finds you well. I am writing to provide a detailed explanation of the attorneys' fees and settlement payment related to our recent case. As per our agreement, this letter aims to outline the breakdown of charges incurred throughout the legal process resulting in the settlement payment received. First and foremost, I would like to express my appreciation for your diligent representation throughout the entire case. Your firm's expertise, commitment, and guidance were instrumental in achieving a favorable outcome for me. The attorneys' fees, as agreed upon in our retainer agreement, are based on a contingency fee arrangement. This means that your firm's compensation is contingent upon the successful resolution of the case. As a result, the fees are calculated as a percentage of the settlement amount. It is important to note that these fees strictly adhere to the ethical guidelines established by the West Virginia State Bar. Moreover, I am aware that certain costs, such as court fees, expert witness fees, and administrative expenses, may have been incurred during the litigation process. Please provide an itemized breakdown of these costs and include copies of the respective invoices or receipts for my reference. By doing so, it would allow me to have a comprehensive understanding of the charges associated with the legal services provided. Additionally, I would appreciate a detailed explanation of the settlement payment received. Kindly provide a breakdown of the amount in relation to the settlement agreement, including the distribution of funds among necessary parties, any deductions, and any applicable tax requirements. Please ensure that this breakdown aligns with the settlement terms and conditions mutually agreed upon. Lastly, I kindly request that you provide any relevant documents, such as a closing statement or settlement agreement, along with this letter to facilitate accurate record-keeping from my end. These documents will greatly assist in comprehending the financial aspects of our case for both present and future reference. In conclusion, I want to thank you for your professionalism and dedication demonstrated throughout this entire process. I trust that with your prompt attention and provision of the requested information, any confusion regarding the attorneys' fees and settlement payment will be resolved satisfactorily. Should you have any further questions or require additional information, please do not hesitate to contact me at your earliest convenience. I look forward to your prompt response. Thank you for your assistance. Sincerely, [Your Name]