Get the free CONTINGENCY FEE AGREEMENT - Minority Professional Network

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How to fill out contingency fee agreement

How to Fill Out Contingency Fee Agreement:

1. Begin by clearly identifying the parties involved. Include the names and contact information of both the client (plaintiff) and the attorney (representing attorney).
2. Specify the date the agreement is being entered into. This ensures clarity regarding the starting point of the contingency fee agreement.
3. Provide a detailed description of the legal services to be provided. This should outline the scope of representation, the specific legal matters being addressed, and any limitations or exclusions.
4. Clearly state the contingency fee percentage or calculation method. This refers to the agreed percentage or amount the attorney will receive as fees, which is contingent upon winning the case or obtaining a favorable settlement. Include any additional expenses that may be deducted from the client's recovery.
5. Establish the responsibilities of the attorney. This section should outline the attorney's obligations, professionalism, and commitment to the client's case. It may include expectations regarding communication, diligence, and confidentiality.
6. Specify the responsibilities of the client. This section should highlight the client's duties, such as providing necessary documentation, cooperating with the attorney, and being honest and forthcoming with information.
7. Include provisions relating to case expenses. Outline who will bear the costs of litigation, such as filing fees, expert witness fees, and other necessary expenses. Additionally, clarify whether these costs will be reimbursed by the client from the settlement or award.
8. Address dispute resolution methods. Determine how any potential disagreements between the parties will be settled. This could include mediation, arbitration, or other alternative dispute resolution strategies.
9. Discuss termination conditions. Specify the circumstances under which either party can terminate the agreement, such as non-payment of fees, lack of communication, or failure to cooperate.
10. Include a signature block for both the client and the attorney. Ensure that both parties sign and date the contingency fee agreement to indicate their understanding and acceptance of the terms outlined.

Who Needs a Contingency Fee Agreement?

A contingency fee agreement is typically needed in civil cases where the client may not have the financial means to pay an attorney's fees upfront. It is commonly utilized in personal injury cases, medical malpractice claims, and other legal matters where financial recovery is sought. Clients who are unable to afford hourly legal fees may opt for a contingency fee agreement as it allows them to pay their attorney a percentage of the settlement or award only if they win the case.

For pdfFiller’s FAQs

What is contingency fee agreement?

A contingency fee agreement is a contract between a client and a lawyer where the lawyer's fees are only paid if the client's case is successful.

Who is required to file contingency fee agreement?

Lawyers and their clients are required to file a contingency fee agreement.

How to fill out contingency fee agreement?

A contingency fee agreement can be filled out by detailing the terms of the agreement, including the percentage of the recovery that the lawyer will receive.

What is the purpose of contingency fee agreement?

The purpose of a contingency fee agreement is to provide access to legal representation for clients who may not be able to afford upfront legal fees.

What information must be reported on contingency fee agreement?

A contingency fee agreement must include the names of the parties, the terms of the agreement, and the percentage of the recovery that the lawyer will receive.

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