Contingent Fee Agreement - DOC

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Contingent Fee Agreement - DOC Powered By Docstoc
					CONTINGENT FEE AGREEMENT
This CONTINGENT FEE AGREEMENT (“Agreement”) is entered into as of the ________ day of ________________________, 20__, by and between the following: ___________________, (hereinafter the “Client”), and ____________________________, (hereinafter “_________________”). RECITALS: WHEREAS, Client has retained the services of ____________________ to represent them; and, WHEREAS, ______________________ and Client desire to enter into a contingent fee arrangement for the payment of legal fees for services rendered; NOW, THEREFORE, in consideration of the above circumstances, and in further consideration of the Agreement set forth below, the parties agree as follows: 1. Legal Fees: The legal fee of _________________ for representing client in the aforementioned collection action(s) shall be ____________ (_______%) of the amount that is recovered by way of judgment or settlement. In the event that the Defendant(s) file(s) an answer and/or counterclaim, client agrees to pay _________________ its regular hourly rates for representation of Client in addition to the _________ (________%) that it may recover by way of judgment or settlement. Client shall be invoiced on a monthly basis for such legal work. 2. Costs and Other Expenses: In addition to the contingent fee, Client shall remain responsible for all costs advanced by ______________. Costs advanced include, but are not limited to, filing fees, deposition costs, investigative report
				
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posted:8/6/2009
language:English
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Description: An agreement setting forth that a client shall pay his or her lawyer a set amount (usually 33% of the recovery) for services rendered only if the lawsuit is successful or is favorably settled out of court.
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