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Oregon State Bar Model Explanation of Contingent Fee Agreement This is an explanation of your Contingent Fee Agreement with us. Please read it and sign it before you sign the Agreement. The Contingent
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A contingent fee agreement explanation is a document that outlines the terms and conditions of a legal agreement between a client and an attorney. It specifies that the attorney's fee will be based on the outcome of the case, typically a percentage of any amount recovered.
The attorney and the client are both required to file the contingent fee agreement explanation. Both parties must keep a copy of the agreement on file for their records.
To fill out a contingent fee agreement explanation, both the client and the attorney should review the document carefully and ensure that all terms and conditions are accurately represented. They should then sign and date the agreement, keeping a copy for their records.
The purpose of a contingent fee agreement explanation is to clarify the terms of the agreement between the attorney and the client. It ensures transparency and helps both parties understand their rights and obligations in the legal representation.
The contingent fee agreement explanation must include the names and contact information of the attorney and the client, a description of the legal services to be provided, a clear statement of the contingency fee percentage, and any additional fees or expenses that may be charged.
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